Economy Added 216,000 New Workers in March, Unemployment Rate Drops Slightly

ABC's Dan Arnall reports:

A government report shows that the nation’s employers increased their payrolls by 216,000 during March, slightly better than the consensus expectations of economists (+185K).

The private sector, factoring out government layoffs, saw 230,000 workers added to payrolls.

The nation’s unemployment rate dropped from 8.9% to 8.8%. A statistically insignificant move, the lowest level since March 2009.

There were slight upward revisions to the previous two months which has added to the momentum of consistent jobs growth.

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