U.S. economy adds 120,000 jobs in March, less than expected

Last month's gain is down sharply from more than 200,000 in each of the previous three months. The unemployment rate falls to 8.2% because fewer people searched for work.

Employers pulled back sharply on hiring last month, a reminder that the U.S. economy may not be growing fast enough to sustain robust job growth. The unemployment rate dipped, but mostly because more Americans stopped looking for work.

Source: http://feeds.latimes.com/~r/latimes/business/~3/cnaxF15ZD1I/la-fiw-jobs-20120407,0,2451060.story

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