U.S. Economy: Job Gains Trail Forecast as Prices Rise - 2005-04-03
Two reports showed a U.S. economy beset by slowing job growth and faster inflation.
Employers added 110,000 workers in March, the lowest since July and barely half the number expected, the Labor Department said today in Washington. The Institute for Supply Management said its index of prices paid by manufacturers jumped in March by the most in more than a year.
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