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Unemployment rate declines slightly

The latest employment situation report from the Bureau of Labor Statistics shows the national unemployment rate slipped to 8.2% for March, compared with 8.3% in February.

Nonfarm payroll employment rose by 120,000 in March.

According to the bureau, retail trade employment fell by 34,000 in March. A large job loss in general merchandise stores (-32,000) and small losses in other retail industries more than offset gains in health and personal care stores (+6,000).

Building material and garden supply stores in March showed an increase in employment of 5,000.

Employment in the other major private-sector industries, including construction, changed little in March.


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