In March, the economy added 216,000 jobs, after a revised increase of 194,000 in February. The March reading was driven by private sector hiring, while government jobs fell. As a result, the unemployment rate fell for a fourth consecutive month to 8.8% in March. Market analysts had expected the unemployment rate to remain steady at February's 8.9%. Private sector hiring boosted the March result, adding 230,000 jobs following the strong 240,000 rise tallied in February. Public sector jobs, on the other hand, followed on February's 40,000 drop to decrease 14,000 jobs in March. The economy lost an accumulated 7.4 million jobs between December 2007 ? the official start of the recession ? and its official end in June 2009. The tentative economic recovery observed since then saw just 245 thousand jobs added, indicating that the labour market conditions remain notably softer than past recoveries.
United States Unemployment
Unemployment unexpectedly drops in March
April 1, 2011
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United States Economic News
United States: Clinton’s lead over Trump widens but presidential election results are still uncertain
October 20, 2016
Only a few weeks ahead of the 8 November presidential elections, major polls suggest that Hillary Clinton has extended her lead over Donald Trump, but the presidential race will be decided in the most fiercely contested states.
October 14, 2016
In September, nominal retail sales expanded 0.6% over the previous month.
October 7, 2016
Non-farm payrolls grew 156,000 in September, which came in below August’s upwardly-revised increase of 167,000 (previously reported: +151,000).
October 3, 2016
The ISM manufacturing index increased more than expected in September and returned to expansionary territory, after a temporary setback in August.
September 27, 2016
The S&P/Case-Shiller 20-city home composite index rose 0.6% in July over the previous month.