Disappointing March Jobs Report
Hiring slowed down in March.
FOX News Radio’s Rachel Sutherland reports from Washington.
U.S. employers added only 126,000 jobs to payrolls in March, the lowest number since December of 2013, almost half of what was expected.
The unemployment rate held steady at 5.5 percent. The labor force participation rate was little changed, at 62.7 percent.
Updated figures from the Labor Department show job growth was weaker earlier this year than first thought, with the economy adding 69,000 fewer jobs in January and February than previously estimated.
The one bright spot in the report — average hourly wages increased slightly.
In Washington, Rachel Sutherland, FOX News Radio.