Friday, April 6, 2012

March US non farm payrolls report april 6 2012

March US non farm payrolls report april 6 2012, march us job data report 4-6-2012, new jobs in March 2012, U.S. Labor Department report april 6 2012, March employment release april 6 2012 : U.S. payrolls likely rose by more than 200,000 for the fourth straight month in March, suggesting the economy is steadily healing and needs no extra monetary policy support from the Federal Reserve for now.

That would mark the longest stretch of increases of more than 200,000 per month in non-farm payrolls since 1999. The unemployment rate is seen holding steady though at a three-year low of 8.3 percent for a third month in a row.

Employers likely added 203,000 new jobs in March, according to a Reuters consensus survey of economists, down a little from 227,000 in February when mild winter weather may have provided a lift to seasonal hiring.

The U.S. Labor Department will release the March employment report on Friday at 8:30 a.m. EST (1230 GMT).

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