US Unemployment rate fell in March but Jobs creation figures dismal


The unemployment rate in US fell to 7.6 percent in the month of March. However just 88,000 jobs were added. This is causing concern as experts are of the view that the economy is beginning to cool after witnessing some strong months in the past.

US Unemployment rate fell in March but total Jobs creation figures dismal-global-annal

Although, the Friday’s jobs report is due, economists are expecting not so great numbers. The Labor Department has however reported that unemployment claims  filed by Americans have increased third time consecutively, last week.

Source: ABC , Bloomberg

Published by Bhavesh Kumar

A multi-talented media professional with diverse experience spanning across journalism (digital and broadcast), management consultancy and documentary filmmaking. Worked for the leading newspaper (the Times of India) and news broadcaster (NDTV India) on their web portal, feature stories, shooting, scripting, programming and editing broadcast news. A creative mindset focused on executing new-age strategic communication initiatives with all its corresponding elements (clear and coherently written key messages, social media marketing and multimedia content) to ensure effective target audience impressions. Also, worked on several primary and secondary market research projects (Market Feasibility Study) for business expansion into new markets.

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