While you were sleeping: US jobs disappoint

Wed, 01 Apr 2015

By Margreet Dietz April 2 (BusinessDesk) - US equities slid after a private jobs report showed slower-than-expected growth, prompting concern that the economy might not be a strong as previously thought. An ADP Research Institute report showed US employers added 189,000 workers to payrolls in March, well short of expectations for 225,000. “Job growth took a step back in March,” Mark Zandi, chief economist at Moody’s Analytics in West Chester, Pennsylvania, said in a statement. “The fallout from the collapse in oil prices and surge in...

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