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Obamanomics at Work: Only 88K Jobs Added

Via the WSJ:
U.S. employers added jobs at the slowest pace in nine months in March, suggesting weakening economic growth as higher taxes and government spending cuts start to have an impact. Employers added 88,000 jobs last month, the Labor Department said Friday. The unemployment rate, obtained by a separate survey of U.S. households, fell one-tenth of a percentage point to 7.6%, largely because of people dropping out of the work force. Economists surveyed by Dow Jones Newswires expected nonfarm payrolls to rise by 200,000. . .

Of course, the sequester was blamed. And imagine how low the number would have been if not for the massive stimulus to the economy thanks to Obama's gun rhetoric. - Greg Pollowitz


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