U.S. Employment Rises Less Than Expected In March

U.S. employment saw continued growth in the month of March, according to a report released by the Labor Department on Friday, although the pace of job growth came in well below economist estimates.

The report showed that non-farm payroll employment increased by 120,000 jobs in March following an upwardly revised increase of 240,000 jobs in February. Economists had expected the addition of about 201,000 jobs compared to the increase of 227,000 jobs that had been reported for the previous month.

Despite the weaker than expected job growth, the unemployment rate unexpectedly edged down to 8.2 percent in March from 8.3 percent in February.

Recommend: Forex News
Russian Rouble Opens 0.2 Pct Weaker Vs Dollar at 62.82
2016-10-28 07:04:00 UTC+00 6 hours, 58 min. ago  
Views today: 722 
France Oct Cpi (eu Norm) Prelim Yy Stays Flat at 0.5 % (fcast...
2016-10-28 06:45:00 UTC+00 7 hours, 17 min. ago  
Views today: 694 
Boj's Consumer Price Index Stripping Away Effect of Energy,...
2016-10-28 05:00:00 UTC+00 9 hours, 2 min. ago  
Views today: 761 
Reuters Poll: 29 Respondents Forecast An Rba Easing by Mid-2017;...
2016-10-28 04:42:00 UTC+00 9 hours, 20 min. ago  
Views today: 667 
Gbp/jpy Faces Strong Resistance at 128.5 , Good to Buy on Dips
2016-10-28 07:56:00 UTC+00 6 hours, 6 min. ago  
Views today: 713 

Support and resistance levels

Oct 28 at 14:02 UTC