rssDepartment of Labor: unemployment down in March
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The Bureau of Labor Statistics released the March jobs report this morning and the news was a bit better than expected, with 216,000 new jobs created during the month and a drop of .1 percent in the unemployment rate.
There was no drop in labor force participation, which indicates that this is a real drop in unemployment rather than a fake one. The consensus expectation was for 205,000 new jobs, so this figure beats the predictions by a small margin.
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