Meanwhile, back on topic:
http://news.yahoo.com/pace-us-hiring...--finance.html
In addition to reporting sluggish hiring for March, the government revised down its estimate of job gains in February and January by a combined 69,000.
The economy has disproportionately added lower-paying jobs in the retail and restaurant sectors since the economic recovery began in mid-2009. Adding jobs in the lowest-paid industries can suppress average hourly wages, even when employers are rewarding cashiers, waiters and sales clerks with pay bumps.
"Employers aren't laying people off," noted Patrick O'Keefe, director of economic research at the accounting and consulting firm CohnReznick. "What they've decided to do is slow down the pace at which they're hiring until they have more confidence."
If everything is so grand, what is it that employers have no confidence in?