Some economists pointed to March’s inclement weather, citing pullback in industries that are easily affected by snowstorms and freezing temperatures. Employment in construction rose robustly by 65,000 in February, but fell by 15,000 in March. Similarly, the retail trade industry lost more than 4,000 jobs after gaining a solid 47,000 in February.
But other analysts said the weaker number in March was bound to happen simply because of February’s strong jobs growth figure. After the unusually and unsustainably robust February gains, the March weakness may just represent an unavoidable hangover.