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Construction lone bright spot in a March jobs report

Nonfarm payrolls in March increased by 88,000 jobs — significantly below analysts’ expectations. But January and February numbers were both revised upward. Construction added 18,000 jobs in March. The workforce declined by nearly half a million people, which helped bring the unemployment rate down from 7.7 percent to 7.6 percent. Read the CBS MoneyWatch/The Associated Press story here.

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