US economy adds 88K jobs, rate drops to 7.6 pct - WALB.com, Albany News, Weather, Sports

US economy adds 88K jobs, rate drops to 7.6 pct

Posted: Updated:
  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Thomasville woman celebrates 100th Birthday

    Thomasville woman celebrates 100th Birthday

    Sunday, April 20 2014 5:57 PM EDT2014-04-20 21:57:34 GMT
    A Thomasville woman is celebrating her 100th birthday. Irene Manning celebrates her 100th Birthday today. Friends and family threw her a birthday party at Cherokee Lake in Thomasville. Her grandson saysMore >>
    A Thomasville woman is celebrating her 100th birthday. Irene Manning celebrates her 100th Birthday today. Friends and family threw her a birthday party at Cherokee Lake in Thomasville. Her grandson saysMore >>
  • Easter Bunny visits hospitalized children

    Easter Bunny visits hospitalized children

    Sunday, April 20 2014 5:52 PM EDT2014-04-20 21:52:00 GMT
    The Easter Bunny made an appearance at Phoebe Putney Memorial Hospital today.   The Dougherty County Police Department partnered with the Easter Bunny Foundation to deliver stuffed Easter Bunnies to childrenMore >>
    The Easter Bunny made an appearance at Phoebe Putney Memorial Hospital today.   The Dougherty County Police Department partnered with the Easter Bunny Foundation to deliver stuffed Easter Bunnies to childrenMore >>
  • Storm clean up is underway at wildlife rehabilitation center

    Storm clean up is underway at wildlife rehabilitation center

    Sunday, April 20 2014 5:46 PM EDT2014-04-20 21:46:45 GMT
    Storm Clean up is underway at a wildlife rehabilitation center in Thomasville.   Sierra Dorpinghouse is all geared up and ready to help with clean up after Friday's storm damaged several animal cagesMore >>
    Storm Clean up is underway at a wildlife rehabilitation center in Thomasville.   Sierra Dorpinghouse is all geared up and ready to help with clean up after Friday's storm damaged several animal cagesMore >>

WASHINGTON (AP) - U.S. employers added just 88,000 jobs in March, the fewest in nine months and a sharp retreat after a period of strong hiring.

The slowdown is a reminder that the job market's path back to health will be uneven.

 The Labor Department says the unemployment rate dipped to 7.6 percent from 7.7 percent. While that is the lowest in four years, the rate fell only because more people stopped looking for work.

 The weakness may signal that companies were worried last month about steep government spending cuts that began on March 1.

 March's job gains were half the pace of the previous six months, when the economy added an average of 196,000 jobs a month. The drop raises fears that the economy could slow after a stronger winter.

 

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Powered by WorldNow