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 full health will be uneven.
New Jersey's jobless rate now stands at 9.3 percent, which is much higher than most other states, and if it does not start dropping significantly, it could soon become a focal point in this year's gubernatorial campaign.
The average length of time Americans spent unemployed in January dropped by nearly three weeks, but not for the reason you may think. It is likely because many people ran out of unemployment benefits and stopped looking for work.
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