End Of Robust Hiring Streak Raises Doubts About Job Market

[Purveyor]

By JOSH BOAK, AP Economics Writer | April 3, 2015

WASHINGTON (AP) — For months, the U.S. economy's strength has been flagging.

Manufacturing slowed. Fewer homes were built. Cheaper gas failed to ignite consumer spending. Yet month after month, employers kept on hiring vigorously.

In March, the economy's slump finally overtook the job market.

Employers added just 126,000 workers — the fewest since December 2013 — snapping a 12-month streak of gains above 200,000. At the same time, the unemployment rate remained at 5.5 percent.

The slowdown reported Friday by the Labor Department posed a puzzle to economists:

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http://www.chron.com/business/energy/article/Pace-of-US-hiring-weakens-with-just-126k-jobs-6176968.php

[Romeo.lima333]

1. could this be the reason

Last month's subpar hiring could make the Federal Reserve less likely to start raising interest rates from record lows in June, as some have been anticipating. The Fed might now decide that the economy still needs the benefit of low borrowing costs to generate healthy growth.

if business dont hire then borrowing money is cheaper?

[sendero]

2. The economies...

... of most major countries around the world including China, most of Europe and many of the "developing" nations have been slowing down for some time. It was just a matter of time before it affected us.

As for the Fed raising rates, I don't believe they can or ever will. Rates will eventually rise against the wishes of the Fed but ZIRP, like the struggling lackluster US economy, us a long term proposition with no real end in sight.