Monday, April 5, 2010
March jobs report shows growth
A 162,000 job growth for the month of March was reported, giving signs that the job market is heading in the right direction. The 162,000 job increase followed a 14,000 job loss for the month of February. The labor market has begun to stabilize, but the unemployment rate still remains at about 9.7%. Analysts say that just like the weather was a factor in February for the job losses in this month associated with the winter storms in the East Coast, the good weather has bolstered jobs in March.
Subscribe to:
Post Comments (Atom)
2 comments:
At least this is a good sign. It is surprising how the weather can be a factor for employment but as long as there is a n increase in the level of employment its good.
there have been more signs of a recovering market with the DOW getting as high as 11,000 on April 9, 2009. The DOW had not reached this figure since September of 2008.
Post a Comment