Payroll gains slow, U.S. jobless rate at lowest since 2007

U.S. PAYROLL gains slowed in March while the jobless rate unexpectedly dropped to the lowest in almost a decade, suggesting the labor market is returning to a more sustainable pace of progress. /BLOOMBERG NEWS PHOTO/ LUKE SHARRETT
U.S. PAYROLL gains slowed in March while the jobless rate unexpectedly dropped to the lowest in almost a decade, suggesting the labor market is returning to a more sustainable pace of progress. /BLOOMBERG NEWS PHOTO/ LUKE SHARRETT
WASHINGTON - U.S. payroll gains slowed in March while the jobless rate unexpectedly dropped to the lowest in almost a decade, suggesting the labor market is returning to a more sustainable pace of progress. The 98,000 increase followed a 219,000 rise in February that was less than previously estimated, a Labor Department report showed Friday…

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