News
Market Watch | U.S. economy creates 88,000 jobs in March
The economy generated just 88,000 jobs in March - the smallest gain in nine months - and more people dropped out of the labor force, adding to a fresh pile of evidence that the pace of hiring in the United States has slowed. The unemployment rate fell a tick to 7.6% from 7.7%, the lowest rate since December 2007, but the decline stemmed from fewer Americans looking for work, according to Labor Department data.
Econ Comments & Analysis
WSJ | Beware the Monthly Jobs-Report Chatter
April 5 brings us another "jobs day," the first Friday in each month, when the latest employment numbers come out. With much business-media fanfare, the numbers will be parsed for what they tell us about the economy and where it is headed. The jobs numbers do contain some valuable information, but they mean much less than is often assumed—because, as the Department of Labor cautions, they're estimates.
Market Watch | ‘Punch to the gut’: Reactions to March jobs report
Here are reactions from analysts and others to Friday’s jobs report showing the U.S. economy added just 88,000 jobs in March, far less than economist had expected.
Heritage Foundation | Research Review: Who Creates Jobs? Start-up Firms and New Businesses
Job creation is currently the Holy Grail for Washington policymakers. In order to craft better job policies, it is valuable to understand when, where, and by whom jobs are created. Rigorous data analysis tells us that start-up firms are disproportionate job creators and that new firms tend to appear in cities with smaller incumbent firms.
Blogs
WSJ | Don’t Blame Federal Budget Cuts for Weak Jobs, Yet
The March labor-market slowdown may have been caused in part by decisions from Washington. But don’t blame it all on budget cuts, yet.
