Unemployment Rate Falls to 8.2 Percent

by Brian Bolduc

The U.S. economy gained 120,000 jobs in March, the Wall Street Journal reports:

It was the first time since November that job growth fell below 200,000.

The unemployment rate, obtained by a separate survey of U.S. households, ticked down a tenth of a percentage point to 8.2%, but the drop resulted in part from fewer Americans seeking work.

Economists surveyed by Dow Jones Newswires had forecast a gain of 203,000 in payrolls and for the jobless rate to remain at 8.3% for March.

Read more here.

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