U.S. Unemployment Rate Dips to 7.6% Despite Weak Job Growth
Employers added a scant 88,000 U.S. jobs in March, the smallest one-month increase in more than a year, according to the Dept. of Labor.
#economics #labor #workforcedevelopment
Employers added a scant 88,000 U.S. jobs in March, the smallest one-month increase in more than a year, according to the Dept. of Labor. The department revised its January and February estimates upward by a combined 61,000 jobs.
The unemployment rate, which is based on a separate survey, dropped to a four-year low of 7.6% last month from 7.7% in February.
RELATED CONTENT
-
UPDATE: UAW, GM Reach Tentative Labor Deal
General Motors Co. and the United Auto Workers union have reached a possible deal on a new four-year labor contract covering some 48,000 of the union’s hourly workers in the U.S.
-
UAW to Continue GM Strike Pending Contract Ratification
The United Auto Workers union will continue its walkout at General Motors Co. pending ratification of a new four-year labor agreement by union members next week.
-
Skilled-Trade Workers Reject GM Contract, Ratification in Limbo
The United Auto Workers union says its production workers ratified a new four-year labor contract with General Motors Co. by a 58% margin.