Friday, April 2, 2010

Biggest Job Bump in Three Years -- But Unemployment Remains the Same

The economy added 162,000 jobs in March -- falling just short of the 190,000 jobs that economists predicted. This is the largest one-month bump in jobs in three years. Nonetheless, the unemployment rate remains the same (9.7%).

48,000 of the new jobs were temporary government positions with the Census Bureau. Nevertheless, the private sector added 123,000 new jobs.

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