Friday, April 6, 2012

Jobs report

  • The United States economy added a relatively weak 120,000 jobs in March, compared with 240,000 in February, and the unemployment rate dipped to 8.2 percent from 8.3 percent, the Labor Department said on Friday.
  • (New York Times)
  • The Labor Department is expected to report today that employers added about 205,000 jobs in March, after an increase of 227,000 the previous month, according to the median projection of 80 economists surveyed by Bloomberg News.
  • (Bloomberg)
  • While stock markets around the world are closed for Good Friday, the U.S. Labor Department will publish its monthly employment report today at 8:30 a.m. New York time. That means another early morning for Wedbush Securities Inc.
  • (Businessweek)
  • Happy jobs day! Heres Bloomberg with the preview: "Employers probably added more than 200,000 workers to payrolls in March for a fourth straight month as U.S.
  • (Washington Post)
  • NEW YORK (CNNMoney) -- The government on Friday will release its March jobs report, a crucial measure of the health of the economy.
  • (CNN Money)
  • A new monthly snapshot of the job market will be out Friday morning, and economists are expecting steady, if not exactly gangbusters, growth.
  • (New York Times Blogs)
  • This remains a very deep hole that we're climbing out of one step at a time, one monthly jobs report at a time. Private hiring is expected to easily exceed the 200,000 level, offset to a degree by a continued loss of public-sector jobs.
  • (Atlanta Journal Constitution (blog))
  • Jobless claims are now down to their lowest level in four years, after falling to 357,000 in the final week of March, the Labor Department reported Thursday in advance of the monthly jobs report.
  • (ABC News)
  • (Reuters) - Stock futures fell sharply after weaker-than-expected March payroll figures, with SP 500 futures down 0.8 percent in an abbreviated trading session on Friday. SP 500 futures fell 11.5 points to 1379.
  • (CNBC)
  • Watch for: Nonfarm payrolls: Economists expect 203,000 jobs added in March, with the unemployment rate holding steady at 8.3%. Data on consumer credit also expected. No major earnings reports are on the calendar.
  • (Wall Street Journal)

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