Outsourcing Times: March Job Growth Surges by 308,000

April 03, 2004

March Job Growth Surges by 308,000

The winds may be changing in the "Jobless Recovery." The Boston Globe reports:

"The recovering US economy created 308,000 jobs in March, the largest monthly increase in nearly four years. The unexpectedly strong numbers rebutted talk of a 'jobless recovery,' which has become a major issue in the presidential campaign.

"Almost every industry showed healthy growth in its payrolls, particularly construction, which bounced back because of good weather, and retail, which was sparked by the return of striking California grocery workers to their jobs."

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April 3, 2004 in Unemployment | Permalink