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Paladin Blog

Spring Ahead: BLS Reports 192,000 jobs added March 2014 April 15, 2014

The ice has melted and spring has finally sprung! According to the recent Bureau of Labor Statistics report released on April 4, the U.S. economy added 192,000 jobs in March, exceeding month-over-month averages for the last year (183,000). Despite strong job growth, the unemployment rate remained at 6.7 percent for the third month in a row. Since March 2013, the number of unemployed persons has declined by 1.2 million and the unemployment rate has fallen by .8 percentage points. As a result, economists are optimistic, and many have predicted increased growth for the second quarter of 2014.

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