A shakier jobs recovery
The first three months of this year have yielded weaker jobs numbers than the same time last year. Retail and manufacturing both shed jobs, though construction jobs gained again thanks to a bright spot in the economy, housing. But the softening of the recovery can't just be blamed on the sequester. While government jobs declined, professional and business services, an industry that could be affected by the sequester, added jobs. Read related article.
Source: Bureau of Labor Statistics. The Washington Post.