If the US economy was a car, Motor Trend would not be impressed with its acceleration...
The BLS reports that nonfarm payrolls (i.e., "jobs") increased by 216,000 and the unemployment rate decreased to 8.8% in March (from 8.9% in February).
The slow employment recovery is consistent with the pattern established by the two recessions of the "great moderation" era, in 1990-91 and 2001, but those recessions were quite mild by comparison. This is a disappointment to those of us who were hoping that the a severe recession would be followed by a sharp recovery, like in the last downturn of comparable magnitude, in 1981-82.
On a non-seasonally adjusted basis, the unemployment rate fell from 9.5% to 9.2%, and payroll employment rose by 925,000. That is, the economy actually added alot of jobs in March, but a large part of that is a normal seasonal increase, so we shouldn't get excited about it.
See also: Calculated Risk, Ezra Klein, Sudeep Reddy.