Payrolls climb to 216,000, jobless rate 8.8% Economy enjoys fastest rate of employment growth since May
Nonfarm payrolls grew by a seasonally adjusted 216,000 in March, their fastest pace since last May, the Labor Department said Friday, in an indication of an improving labor market.
According to the survey of 400,000 business establishments, private-sector payrolls increased by 230,000 jobs after rising by 240,000 in February, marking the first time that private-sector job gains have been over 200,000 for two straight months in five years. Read “More jobs, but wages aren’t keeping up.” http://www.marketwatch.com/story/us-payroll-climbs-to-216000-jobless-rate-88-2011-04-01?dist=afterbell
My post is for my own entertainment, do your own DD before pushing your buy/sell buttons