Jobs numbers are disappointing

Only 120,000 jobs were added to the workforce in March, well below what economists had been expecting - and another example of how this recovery has been so tough to read. It's the first time since November that job growth fell below 200,000. The jobless rate, which is derived from a separate survey, inched down to 8.2 percent, from 8.3 percent the previous month. Here's the BLS release.


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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