U.S. economy added just 126,000 jobs in March

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The U.S. economy created just 126,000 jobs in March, the Bureau of Labor Statistics reported today, while the unemployment rate held steady at 5.5 percent.

That was well out of line with Wall Street economists' expectations, who had predicted 245,000 nonfarm payrolls, and it is significantly down from February's 295,000 added jobs.

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Sarah Eberspacher

Sarah Eberspacher is an associate editor at TheWeek.com. She has previously worked as a sports reporter at The Livingston County Daily Press & Argus and The Arizona Republic. She graduated from Northwestern University's Medill School of Journalism.