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US: 126,000 jobs added in March; unemployment rate remains at 5.5.%

  • The US economy added 126,000 jobs last month, a considerable decrease compared to previous months, official figures say.

    The drop in gain in March brings an end to a 12-month period when more than 200,000 jobs were added each month. The lower numbers are being attributed to several factors including factory slowdown and a severe winter. 

    Meanwhile, the unemployment remained 5.5%, the department of labor said.

    The US job figures for January and February have also been revised downward by a total of 69,000 jobs.

     

    Tagged as: US jobs, US hiring, US economy, US unemployment, US labour, factory slowdown, business news