Summary: WASHINGTON - The US economy created 162,000 jobs in March,the Labor Department said Friday, the largest rise in three years butnot enough to budge the unemployment rate from 9.7 percent.
With close to one in 10 American workers out of work, the monthly
job count u always an eagerly awaited indicator u was seen as a key sign
of the heath of the economic recovery.
Job creation rose dramatically from February, when the economy lost
14,000 jobs, according to revised figures also published on Friday.
oIn March, the number of unemployed persons was little changed at
15.0 million, and the unemployment rate remained at 9.7 percent,o the
Labor Department said in a statement.
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