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U.S. adds 303,000 jobs in March as unemployment rate dips
axios ^ | 04/05/2024 | Neil Irwin

Posted on 04/05/2024 5:50:52 AM PDT by ChicagoConservative27

Job growth surged in March, as employers added 303,000 positions and the unemployment rate edged down, the Bureau of Labor Statistics reported Friday.

Why it matters: The U.S. labor market has proved remarkably resilient over the last year, as employers keep seeking workers despite a bumpy economic environment. The latest numbers affirm that strength, handily beating analysts' forecasts.

By the numbers: The jobless rate fell as more people entered the work force — a good sign for growth potential.

The labor force participation rate rose by 0.2 percentage points to 62.7%. Average hourly earnings were up 0.3%, and are up 4.1% over the last year. The biggest categories of job gains were health care (up 81,300 jobs) and government (up 71,000). Zoom out: Revisions pushed January and February's already-strong job growth numbers higher yet, by 22,000 additional positions.

(Excerpt) Read more at axios.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: dips; jobs; jobsreport; march; rate
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To: mewzilla

600,000 Part Time jobs added. Full Time jobs fell.


21 posted on 04/05/2024 6:55:06 AM PDT by MMusson
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To: ChicagoConservative27

And 71 thousand of them are government jobs the old democrat scam tossing out more bait for votes.


22 posted on 04/05/2024 6:57:41 AM PDT by Vaduz
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To: ChicagoConservative27

Does anybody ever believe this tripe? I didn’t think the BLS was keeping track of Door-Dash driver additions.


23 posted on 04/05/2024 6:59:42 AM PDT by Gaffer
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To: mewzilla

You’re correct-—180,000 of those jobs are healthcare, government and construction (probably government contracts).
Also, my wife and I would be considered “jobs gained” as we are forced to work two jobs. More and more people are working 2-3 jobs to make ends meet. Right now, our business is the worst I have ever seen it so I believe this is all BS!

Total nonfarm payroll employment rose by 303,000 in March, higher than the average monthly
gain of 231,000 over the prior 12 months. In March, job gains occurred in health care,
government, and construction. (See table B-1.)

Health care added 72,000 jobs in March, above the average monthly gain of 60,000 over the
prior 12 months. In March, job growth continued in ambulatory health care services (+28,000),
hospitals (+27,000), and nursing and residential care facilities (+18,000).

In March, employment in government increased by 71,000, higher than the average monthly gain
of 54,000 over the prior 12 months. Over the month, employment increased in local government
(+49,000) and federal government (+9,000).


24 posted on 04/05/2024 7:04:24 AM PDT by mikelets456
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To: ChicagoConservative27

I don’t buy this at all. Bogus numbers with most hirings, if not all, being illegal immigrants, while patriotic Americans lose their jobs in droves.


25 posted on 04/05/2024 7:34:37 AM PDT by ducttape45 (Proverbs 14:34, "Righteousness exalteth a nation: but sin is a reproach to any people.")
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To: ChicagoConservative27
Nearly every one of these monthly jobs reports has been revised down. https://lao.ca.gov/LAOEconTax/Article/Detail/801
26 posted on 04/05/2024 8:01:30 AM PDT by dynoman (Objectivity is the essence of intelligence. - Marilyn vos Savant)
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To: ChicagoConservative27

EXACTLY

99 cent stores just closed EVERY SINGLE ONE.


27 posted on 04/05/2024 8:08:06 AM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: Pete Dovgan

“People working multiple part time jobs to feed the family.....”

Did that in the 70’s, 80’s 90’s, nothing new.


28 posted on 04/05/2024 8:09:13 AM PDT by SaxxonWoods (Are you ready for Black Lives MAGA? It's coming.)
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To: Pete Dovgan

99 Cent stores just closed all 371 locations.


29 posted on 04/05/2024 8:11:19 AM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: mewzilla

Mark to read later. I keep hearing illegals are the ones being hired.


30 posted on 04/05/2024 8:14:17 AM PDT by NetAddicted (MAGA2024)
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To: ridesthemiles

Yup, and 14,000 people just lost their jobs. Not to worry. They’ll find work in this “robust” economy.


31 posted on 04/05/2024 8:38:11 AM PDT by dowcaet
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To: wny

all stay at home government jobs


32 posted on 04/05/2024 9:10:50 AM PDT by ronnie raygun
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To: mikelets456

If you’re planning on a recession-proof career, healthcare is where you want to be.


33 posted on 04/05/2024 12:49:33 PM PDT by Bob Wills is still the king (Just a Texas Playboy at heart)
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To: Bob Wills is still the king

Too late for that-—I’m 56 and too old to make a change from sales to healthcare.


34 posted on 04/05/2024 12:50:37 PM PDT by mikelets456
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To: ChicagoConservative27

According to the A9, we lost about 6,000 full time jobs, and gained about 691,000 part time jobs with an increase of about 216,000 multiple job holders. In all fairness it looks like a net gain, but they’re not the full time jobs with benefits that we could get before we offshored our workforce.


35 posted on 04/05/2024 4:23:04 PM PDT by TwelveOfTwenty (Will whoever keeps asking if this country can get any more insane please stop?)
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