Only 34,000 jobs were added in March, according to the Household Survey. 96,000 Americans, meanwhile, left the labor force. The Labor Force Participation Rate has fallen back to post-1978 lows. Given the implosion of the BLS’ January and February data with a 69,000 downward revision, the huge discrepancy between the Household and the Establishment surveys suggests that the March payroll number might be revised downward, miserable as it already is.

Change from Feb. to March
Employment status
Civilian noninstitutional population181
Civilian labor force-96
Participation rate-0.1
Employed34
Employment-population ratio0
Unemployed-130
Unemployment rate0
Not in labor force27

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