However, the Fed said downside risks to the economy and job market have "diminished since the fall."
The decline by 12,000 to 334,000 in the latest week suggests that while hiring still is not robust, company layoffs are subsiding.
U.S employers created more jobs than nearly all Wall Street analysts had expected, a key signal the economy is in recovery mode.
If job creation is weak in May, it could reignite fears that the U.S. economy is headed into a fourth straight mid-year slowdown.
The latest stat confirms a tapering of layoffs by employers -- historically a good sign for the U.S. economy.
U.S. companies created 135,000 jobs last month, missing analysts' expectations, which ranged from 157,000 to 165,000.
The number of initial jobless claims rose by 10,000 to 354,000, and the key four-week moving average also increased to 347,250.
No, the current U.S. job market is not “a jungle out there.” But it’s close.
Job increases for March and February were revised substantially higher, while the unemployment rate fell to 7.5 percent.
Analysts expected private employers to create 158,000 jobs last month. They got 75 percent of that forecast.
The unexpectedly weak March jobs report hammered the markets, but economists cautioned against overreacting.
The total number of new jobs was less than expected, and the U.S. workforce participation rate dropped to its lowest level since 1979.
The private sector added only 158,000 jobs in March, ADP announced Wednesday – lower than the 205,000 consensus estimate.
The United States has gained 387,000 managers but lost almost 2 million clerical jobs since 2007, as technology squeezes out middle-class jobs.
Business networking site LinkedIn was down on Wednesday morning, with the company telling its users to "sit tight" as its team needed to "clean things up."
Taco Bell’s wildly popular Doritos Locos taco helped the fast-food chain company create 15,000 jobs this year.
U.S. factory workers clocked more production hours in February than they have in years.
There was a gain in manufacturing jobs last month, but Washington's partisan feud could hurt the sector's momentum.
The gain in 236,000 jobs was well above estimates and the unemployment rate fell to 7.7 percent.
Nouriel Roubini, the bearish economist who predicted the subprime-mortgage mess, says U.S. growth will be dampened due to past errors.
Recent growth in manufacturing is at risk now as sequestration laws go into effect.
Thomas Cook is slashing its payroll amid increasing use of internet booking sites by travelers.