MSNBC has the following headline:
U.S. payrolls rocket higher in March
Firms add 308,000 workers,
fastest pace in 4 years
Here is a link:
http://www.msnbc.msn.com/id/4652107/
The first graf intimates some content of the growth:
workers returned after a grocery store strike and construction hiring bounced back on better weather, a government report on Friday showed.
Numbers of total unemployed persons (a more useful but less seen number than the monthly unemployment rate) is seen here with a hint at why unemployment is worse now despite positive spin:
In March, there were 8.35 million people unemployed, compared with 8.17 million the previous month. The average duration of unemployment has been more than 20 weeks, a 20-year high.
No manufacturing gains but no losses:
The report showed job gains were widespread across industries.
While a long-hoped for rise in manufacturing employment did not appear, the department said factory payrolls were unchanged in March, finally breaking a string of 43 consecutive monthly declines.
Finally the part that should not have been buried. Note that the number of people working part-time rose by 300,000 while the number of total unemployed only dropped by 180,000 (8.35 million minus 8.17 million). According to this 120,000 people who were previously working full-time must have dropped to part-time:
Jobless workers are increasingly accepting part-time work. The number of people who worked part time for economic reasons rose to 4.7 million in March, up from 4.4 million the previous month.