Unemployment Rate Falls to 8.8 Percent, Lowest in 2 Years

Unemployment Rate Falls to 8.8 Percent, Lowest in 2 Years

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Photo by Kevin P via MorguefileThe unemployment rate fell to a two-year low of 8.8 percent in March, capping the strongest two months of hiring since before the recession began.

The economy added 216,000 jobs last month, the Labor Department said Friday. Factories, retailers, the education and health care sectors and professional and financial services all expanded payrolls. Those job gains offset layoffs by local governments.

(READ the story at NPR News)

Image by Kevin P via Morguefile

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