Economists' Forecast: 200,000 Jobs Added
Economists on average estimate that 200,000 jobs were added in March, according to a poll by Dow Jones Newswires cited by the Wall Street Journal. --Bonnie Kavoussi
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Article 25
@ justinwolfers : Ugh, payrolls +88k, missing expectations by a solid 100k. But Jan revised up from +119k to +148k, and Feb from +236k to +268k.
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Article 24
@ JimPethokoukis : Big drop in labor force participation rate to 63.3 from 63.5
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Article 23
@ justinwolfers : Household survey weaker; employment fell 206k. Taking my 80/20 average of payrolls (+88k) and household (-206k) yields growth of paltry 29k
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Article 22
@ bencasselman : Forward-looking indicators also pretty flat: Workweek ticks up slightly, but earnings pretty much flat. Temporary jobs up 20k. #WSJ
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Article 21
@ BetseyStevenson : Despite the insignificant drop in the unempt rate, the household survey shows a drop in employment
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Payroll Tax Hike May Have Hurt Job Growth
@ BenDWalsh : Payroll tax? RT @Neil_Irwin: One of the biggest job losers was retail, -24k jobs, which doesn't fit sequester effect story.
View ArticleU.S. Postal Service Cut 12,000 Jobs In March
From the Bureau of Labor Statistics' jobs report release: Within government, U.S. Postal Service employment fell by 12,000 in March. The government shed 7,000 net jobs in March, the BLS said. The...
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Article 18
@ justinwolfers : The monthly blips get over-analyzed. Over the past three months, payrolls growth has averaged +168k. Over the past twelve months, it's 169k
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Article 17
@ AnnieLowrey : Smoking gun behind the weak report is in the hand of the payroll tax hike, not sequestration.
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Article 16
@ Reddy : March jobless rate for people 25+ with bachelor's degree or more: 3.8%. Some college: 6.4%. High school grads: 7.6%. No h.s. diploma: 11.1%
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Article 15
@ joebrusuelas : This in many respects is a very weak report. 496K left workfore & avg hourly earnings flat M/M up 1.8% Y/Y. #EcoBrief
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Article 14
@ Matthew_C_Klein : @justinwolfers So the moral of the story is steady anemic growth. Not particularly encouraging.
View ArticleRetail Industry Cut 24,100 Jobs In March
The retail industry cut 24,100 net jobs in March, according to the Bureau of Labor Statistics. That may be an effect of the payroll tax hike at the beginning of the year. The retail industry added jobs...
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Article 12
@ ezraklein : One thing to remember: It's very possible that March could get revised upward. Be careful drawing sweeping conclusions from today's #s.
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Article 11
@ Reddy : Average length of unemployment ticked up to 37.1 weeks from 36.9 weeks. Median duration of joblessness up to 18.1 weeks from 17.8.
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Article 10
@ AlecMacGillis : Wait, so maybe it wasn't such a hot idea to hike the country's most regressive tax in the midst of a sluggish recovery? #payroll
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Article 9
@ SBronars : #Jobs report - for the first time EVER - the labor force participation rate of adult men fell below 70% in March 2013.
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Article 8
@ DLeonhardt : Year-over-year job growth is now at its slowest pace in 18 months. Not great.
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