Hiring decline in US had lead to a series of negative results suggesting the drop in the growth. This could possibly rattle the White House, with the presidential elections round the corner and the prospects of Barrack Obama for the second term could be marred as per experts. Actually Mr Obama came to power with a promise to eliminate   unemployment has failed counters the Republican challenger, Mitt Romney. All this could be bad for political aspirations of the President, but on the whole it is slowing the economy too.

On Friday the Labor Department said employees added 115,000 workers to payrolls last month, which was just the third time in which the hiring has slowed down. However analysts predicted that 1,70,000 jobs would be hired in April and this dismal performance only suggests that the Federal Reserve needs to step up efforts to help the economy. Though the decline rate in the Jobs markets remains at about 2 percentage points higher than its average over the last 50 years, experts feel that the full cure of the market could be visible only by 2014.

Fed Chairman Ben Bernanke said last month the U.S. central bank is providing enough support for the economy but kept open the possibility of a fresh round of bond purchases to lower borrowing costs should the economy weaken. Many economists think the weakness evident in the labor market over the last few months is largely payback for stronger hiring during a mild winter. That would temper fears the economy is losing steam.  (With Inputs from Internet- Aarkay)