Some economists say March's unemployment rate is misleading
Posted: Apr 6, 2013 9:34 PM EDT | Updated: Nov 5, 2014 11:02 PM EDT
The unemployment rate fell in March. Some say it's because many people gave up and stopped looking for work.
The number of jobs created was the lowest in nearly a year.
American companies hired just 88,000 workers last month—a far cry from the nearly 250,000 new jobs added in February.
Economists say businesses worry about the impact of $85 billion in spending cuts.