The four-week moving average of new U.S. claims for unemployment benefits rose to its highest reading since January, according to the Labor Department. Employers added only 120,000 new jobs to their payrolls in March, the least since October. More people collecting unemployment benefits over the past four weeks is the latest signal of a slowing labor market recovery and means that even more Americans are out of work. LIKE this if you think the President needs to work with Congress to create a better environment for businesses to hire.
New claims for unemployment benefits fell slightly last week but a trend reading rose to its highest since January, the latest sign of a weaker pace of healing in the still-struggling labor market.
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