Employment growth slows as more give up job hunting

From latimes.com

By Don Lee
April 6, 2012, 11:02 a.m.
Reporting from Washington—
Job growth slowed to a slog last month and more workers dropped out of the labor market in a setback for the economic recovery and the momentum that President Obama had built recently from improving employment numbers.

Employers nationwide added a weak 120,000 new positions in March, the government reported Friday, only about half of the job gains in each of the prior three months. Some of the slowdown was seen as a payback for inflated payrolls in the winter related to unusually mild weather.

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