In today’s WaPo,
US hiring slows in March as employers add just 120K jobs, unemployment rate dips to 8.2 pct.
The unemployment rate fell to 8.2 percent, the lowest since January 2009. The rate dropped because fewer people searched for jobs. The official unemployment tally only includes those seeking work.
Well, at least they didn’t say it was “unexpectedly.”
The big March jobs miss — and why the real unemployment rate sure ain’t 8.2% (h/t Instapundit)
Click on graph for full size.