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Could job creation be stalling out again?

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    Government report shows slow in growth

  • Duration 1:44
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Jobs numbers mean Fox Business Network senior Washington correspondent Peter -- sources tonight.

Mean Peter good evening -- the big worry is whether job creation could be stalling out again as it did twice before in this recovery.

This chart shows -- a roller coaster ride it's been.

After steady growth then it early 2010 payrolls contracted with the BP oil spill the start of the European debt crisis and uncertainty over mid term elections.

After a rebound job growth stalled again with the Japanese earthquake and unrest in the Middle East last year that sent oil and gasoline prices soaring.

After rebounding once again the government reported today.

The nonfarm jobs grew at just half the pace of the last three months the stock market was closed for Good Friday but stock futures traded this morning and suggested investors will not have a good Monday.

Some economists say that while today's report may not definitively reflect an economy hitting the -- it does reflect a slowing.

I think it's a little bit of -- catch up cited the employment numbers of them were really had to have really been out of line with what we've been seeing -- real GDP growth and we we the economy's not growing that fast.

-- -- gasoline prices rising again the administration hopes its insurance policy against weaker growth.

Will help.

We have seen a spike -- gas prices that's one reason why I think it's important that the president thought.

To extend that to percentage point payroll.

Tax deduction to help.

A provide a buffer against the increase in gas prices.

Some economists also think today's report puts new pressure on the Federal Reserve to launch more stimulus programs -- Peter thank.

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