April 6th, 2012
09:13 AM ET

Hiring slows, unemployment falls

Hiring slowed dramatically in March, clouding optimism about the strength of the recovery, CNNMoney's Annalyn Censky reports.

Employers added 120,000 jobs in the month, the Labor Department reported Friday, marking a significant slowdown in hiring from February, when the economy added 240,000 jobs.

Meanwhile, the unemployment rate fell to 8.2% as workers dropped out of the labor force.

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Filed under: Economy • Jobs
soundoff (22 Responses)
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    April 9, 2012 at 4:59 pm | Report abuse |
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    April 22, 2012 at 4:08 pm | Report abuse |
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