The
Drudge Report links to a series of stories on
CNBC, CNS News, and
Breitbart, all dealing with the disappointing jobs report for March.
CNBC reports:
The sputtering U.S. economy created just 126,000 jobs in March as bad weather, weak consumer spending and flailing corporate profits resulted in the worst report since December 2013.
February's numbers were revised lower to 264,000 from the initially reported 295,000, while January's number fell from 239,000 to 201,000.
The total fell well short of the 269,000 average over the past year and was the first time in 14 months that the number dropped below 200,000.
CNS News reports:
The number of Americans 16 years and older who did not participate in the labor force--meaning they neither had a job nor actively sought one in the last four weeks--rose from 92,898,000 in February to 93,175,000 in March, according to data released today by the Bureau of Labor Statistics. That is the first time the number of Americans out of the labor force has exceeded 93 million.
A record 12,202,000 black people were not in the labor force in March, as the participation rate for this group declined over the month to 61.0 percent, according to data released from the Bureau of Labor Statistics (BLS).
Breitbart reports:
According to data released Friday by the Bureau of Labor Statistics, 56,131,000 million women were not in the labor force last month, an increase of more than 100,000 from February when 56,023,000 women were not in the workforce. The level is a record high.
Summary: March was not a good month for employment.
