
After adding more than 200,000 jobs in each of the first two months of this year, the U.S. economy gained only 98,000 jobs in March, according to the monthly report released Friday by the Bureau of Labor Statistics.
That result falls short of expectations: While analysts had anticipated a slight dip to around 180,000 new jobs, they had been looking for signs that job growth would keep pace with recent gains.
Unemployment fell to 4.5 percent from 4.7 percent, the Labor Department agency says. That's the lowest rate since May 2007.
In addition to the data for March, the BLS also stripped nearly 40,000 jobs from its previous estimates for January and February, revising its findings for those months from 238,000 to 216,000 for January and from 235,000 to 219,000 for February.
Photo: Dreamstime.com
Get curated news on YOUR industry.
Enter your email to receive our newsletters.Latest from Nursery Management
- Leading Women of Horticulture: Crystal Cady and Elizabeth Brentano
- USDA fires experts on invasive pests, including Asian citrus psyllid, chilli thrips
- Dümmen Orange North America celebrating 25th anniversary in 2025
- Redesigning women
- Illinois Landscape Contractors Association changes name to Landscape Illinois
- 2025 Proven Winners Horticulture Scholarship applications now open
- ICL’s Gemini Granular herbicide now registered for use in California
- Eurazeo Planetary Boundaries Fund acquires Bioline AgroSciences