The Bureau of Labor Statistics reports that the economy added 88,000 jobs last month, below analyst expectations. The unemployment rate fell to 7.6 percent.
Even as the U.S. economy is adding jobs, nearly five million people have been out of work for at least six months, and figures show their wait to return to the workforce is growing.
Global outplacement firm Challenger, Grey & Christmas reported that employers cut 49,000 jobs in March, down 11 percent from February. Despite the month to month decline, job cuts for the first quarter were their highest since 2011.
The jobless rate across the 17 counties that use the euro currency rose to 12 percent in January and February of 2013, adding to signs that the region's economic slump may not be over.
The Bureau of Labor Statistics has released data on unemployment among U.S. veterans, and the numbers aren't pretty. A big part of the problem: Many recent veterans are in a demographic which is suffering joblessness already — young Americans.
The government's report showed a mild improvement in the overall unemployment rate for February, but some professionals find the path to a job leads back to school.
Alan Krueger, chairman of the White House Council of Economic Advisers, breaks down the latest jobs report and shares his thoughts on the sequestration.
The Bureau of Labor Statistics reports that the economy added 236,000 jobs last month, beating analyst expectations. The unemployment rate fell to 7.7 percent, its lowest point in four years.
