Unemployment ticks down to 7.6 percent
WASHINGTON, April 5 (UPI) -- The U.S. unemployment rate dropped to 7.6 percent in March on a gain of only 88,000 jobs, the Labor Department's Bureau of Labor Statistics reported Friday.
The number of new jobs is the lowest in 10 months and less than half of what economists had predicted. The consensus forecast called for 200,000 new jobs.
The department said the number of unemployed people was little-changed at 11.7 million, but the declining unemployment rate with so few jobs created points out that many more people are giving up on finding a job than there are people finding one.
Seoul won't pull workers from N. Korea yet
SEOUL, April 5 (UPI) -- South Korean workers at an industrial site operated jointly with North Korea won't be pulled until "the situation requires" it, a minister in Seoul said Friday.
So far, Unification Minister Ryoo Kihl-jae said, conditions at the plant in the North Korean city of Kaesong, north of the demilitarized zone, haven't deteriorated to the point where a withdrawal of South Korean workers would be considered, Yonhap reported.
"When the situation requires, the withdrawal should be carried out for the safety of workers there," he said.
Reacting to international criticism and sanctions over its latest nuclear test, North Korea Wednesday banned entry of South Korean workers and vehicles into the industrial park but so far hasn't barred workers from leaving.
Power back on for Fukushima cooling system
TOKYO, April 5 (UPI) -- Power for a nuclear reactor's cooling system at Tokyo Electric Power Co.'s Fukushima Daiichi plant was restored Friday after a temporary outage, officials said.
The outage was one of several that recently plagued the facility, which underwent extensive repairs since the devastating earthquake and tsunami in March 2011 that triggered a nuclear disaster there, CNN reported.
The cause of Friday's outage, which lasted several hours, was not reported.
Last month, power outages at the nuclear facility were blamed on rat activity shorting out a switchboard, Kyodo reported. Officials said the temporary loss of power did not trigger any known release of radioactive material.
S. Korea's Park: 'Crime does not pay'
SEOUL, April 5 (UPI) -- South Korean President Park Geun-hye said Friday there should be harsher punishments for crimes by rich and influential people, like stock price manipulation.
Park said punishment should be sterner to ensure "crime does not pay," Yonhap News Agency reported.
"There have been many cases so far where those who commit crimes avoided punishment or got away with light punishment just because they are rich or influential. This has increased the people's frustration and distrust in our judicial system and worked against national unity," Park said during a home ministry policy briefing.
"There is this saying in English that 'crime does not pay,'" Park spokeswoman Kim Haing quoted the president as saying. "We can prevent a number of potential crimes if we firmly establish the notion that crimes lead to loss and are certainly punished."
Park said money gained from financial crimes should be fully traced and forfeited, Yonhap reported.