The outlook for jobs became a bit less bleak with January's unexpected decline in the unemployment rate, which fell to 9.7 percent from 10 percent as more people said they had jobs.
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Economists expect the recovery to remain "firmly on track" over the next two years though job growth is likely to remain slow, according to a new survey.
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The Senate failed Friday to extend programs for laid-off workers, jeopardizing unemployment benefits scheduled to expire over the weekend.
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Federal Reserve Chairman Ben Bernanke told Congress Wednesday that record-low interest rates are still needed to ensure that the economic recovery will last.
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Retail sales posted a surprising increase in February as consumers did not let major snowstorms stop them from storming the malls,
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President Barack Obama on Friday hailed a new government report showing the largest job creation number in nearly three years.
tags: ap, labor economy
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U.S. non-farm payrolls, a key measure of the economy's health, rose in March as the private sector stepped up hiring at the fastest pace in almost 3 years.
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The economy is likely to have added jobs last month for only the second time since the recession began 27 months ago.
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The economy is likely to have added jobs last month for only the second time since the recession began 27 months ago.
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2