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US employment up, jobless rate at two-year high
US employment recorded a second straight month of solid gains in March and the jobless rate fell to a two-year low of 8.8 per cent, marking a decisive shift in the labor market that should help to underpin the economic recovery. Nonfarm payrolls rose 216,000 last month, the largest increase since May, the Labor Department said on Friday. January and February employment figures were revised to show
US employment recorded a second straight month of solid gains in March and the jobless rate fell to a two-year low of 8.8 per cent, marking a decisive shift in the labor market that should help to underpin the economic recovery. Nonfarm payrolls rose 216,000 last month, the largest increase since May, the Labor Department said on Friday. January and February employment figures were revised to show
US retail sales rise as shoppers fight winter blues
The US retail sales rose unexpectedly last month despite heavy snow storms that were thought to have kept shoppers at home and bolstered hopes of a sustainable economic recovery.
The US retail sales rose unexpectedly last month despite heavy snow storms that were thought to have kept shoppers at home and bolstered hopes of a sustainable economic recovery.
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