4.06.2012

U.S. Unemployment Fell to 8.2% in March

The U.S. unemployment rate in March fell to 8.2% from 8.3%, mainly
because more people dropped out of the labor force.

The economy , meanwhile, added 120,000 jobs in March, marking the
smallest increase in five months, the government reported Friday. The
number of jobs created last month fell well below expectations and
failed to break the 200,000 level for the first time since December.
Employment in March was hurt in part by a 34,000 decline in retail
jobs.

The average workweek fell 0.1 hour to 34.5, while average hourly
earnings rose 0.2% to $23.39.

Employment gains for January and February were little changed under
Labor Department revisions.

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