Fifty-one thousand jobs were lost, which, while not good at all, is 21,000 fewer than the 72,000 projected. Yes, the numbers are bad, but it’s not as steep of a drop as the last two recessions.

Still, economists point to a reduction in hours worked, which is a “hidden form” of unemployment, as labor costs are being cut.

Slower economic growth, combined with more people entering the job pool, has created a labor log jam.

Steady declines in unemployment can be traced back to last year, when they provided early signs of an economic downturn for 2008.

For more information on entry-level jobs in your area, click here.

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