The labor market continues to struggle. The March jobs report was weak, perhaps influenced by weather, but reflecting the slow overall pace of GDP growth.
Inside the report were few glimmers of strength.
Weather probably influenced the report. Warm winter weather raised employment in January and February, leading to less growth in March.
The bottom line: The economy continues to slowly recover from the Great Recession. Focusing on one month of data is always dangerous; the March data are consistent with steady but mediocre job and GDP growth in the first half of 2012.