In America, an announcement on Friday showed the economy increased it’s active workforce by over 120,000 during March 2012, whilst a positive announcement it is slightly lower than previous forecasts had estimated. The actual unemployment reduced marginally to 8.2%. Economists in USA had assessed that the growth in employment would hit more than 200,000.
The rate of unemployment has been falling for a half year, however the jobless rate has remained above 8% since 2009. The Department of Labor’s data shows the smallest growth in employment since October 2011.
White House spokespeople said in reply to the announcement that there is still “more work to be done”. But it said the report provided “further evidence that the economy is continuing to recover”.
Republican presidential front-runner Mitt Romney called the report “weak and very troubling”, adding that it was increasingly clear that “the Obama economy is not working”.