Friday, April 01, 2011

Jobs!

A good but not great jobs report. 216,000 new non-farm jobs last month and the January and February jobs numbers were revised upward slightly.

Unemployment rate drops from 8.9 to 8.8. Manufacturing employment continues to rise.

Average hours worked (34.3) and average hourly earnings ($22.87) were unchanged from February.

Not exactly a V-shaped recovery.

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