According to latest data available, the US payrolls have increased much lower than market expectations indicating that there is still a possibility of further monetary stimulus from the federal government in the world’s largest economy.

The unemployment rate in the country fell to the level of 8.2%, which is its lowest in three years. Experts had predicted that the employment would increase by 203,000 and the employment rate to be at 8.3%. the weak figures indicate fading boost in the economy in recent months.

The payrolls count for January and February were revised by the authorities to include a 4,000 more jobs created than previously reported. The drop in the unemployment rate is mainly due to a drop in the labor force. The unemployment rate has fallen from 9.1% in August.

Fed Chairman Ben Bernanke has expressed concerns over the slow recovery in the labor market. He has kept the option further monetary policy support for the economy open as the recovery is slower than expected.

Policymakers appear to think that the economic recovery is broadening, which means that they are less likely to back another financial stimulus for the economy. However, a slower than expected recovery rate in the workforce employment could change some at Washington DC.