The Beginning of a Disappointing Trend?

From Yahoo Finance:

It's a good thing the stock market isn't open Friday. If it were, the disappointing March employment report, a rare piece of negative economic news this spring, would likely have caused stocks to nosedive. As it was, U.S. stock futures (which were open) slipped, the dollar is falling and Treasury prices are spiking on the report.

The Bureau of Labor Statistics said the U.S. economy added only 120,000 payroll jobs in March, a sharp decline from recent jobs growth. The unemployment rate slipped to 8.2 percent from 8.3 percent in February, but that's largely because the workforce declined. In short, this is the type of report that is more typical of an economy beginning to emerge from recession than one that has been growing for nearly three years....

The unemployment rate continued its decline, falling from 8.3 percent in February to 8.2 percent in March. But that's not necessarily good news... in March, the labor force actually shrank by 164,000. The labor force participation rate fell from 63.9 percent in February to 63.8 percent in March. That's why the unemployment rate fell.

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Link: http://finance.yahoo.com/blogs/daniel-gross/jobs-report-beginning-disappointing-trend-135516049.html