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March Employment Rate Is Unchanged!

Here it is, at long last! From the US Bureau Of Labor Statistics:


Friday, April 2, 2010

Nonfarm payroll employment increased by 162,000 in March, and the unemployment rate held at 9.7 percent, the U.S. Bureau of Labor Statistics reported today. Temporary help services and health care continued to add jobs over the month. Employment in federal government also rose, reflecting the hiring of temporary workers for Census 2010. Employment continued to decline in financial activities and in information.

In March, the number of unemployed persons was little changed at 15.0 million, and the unemployment rate remained at 9.7 percent.

Among the major worker groups, the unemployment rates for adult men (10.0 percent), adult women (8.0 percent), teenagers (26.1 percent), whites (8.8 percent), blacks (16.5 percent), and Hispanics (12.6 percent) showed little or no change in March. The jobless rate for Asians was 7.5 percent, not seasonally adjusted.

The number of long-term unemployed (those jobless for 27 weeks and over) increased by 414,000 over the month to 6.5 million. In March, 44.1 percent of unemployed persons were jobless for 27 weeks or more.

The civilian labor force participation rate (64.9 percent) and the employment/population ratio (58.6 percent) continued to edge up in March.

The number of persons working part time for economic reasons (sometimes referred to as involuntary part-time workers) increased to 9.1 million in March. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job.

About 2.3 million persons were marginally attached to the labor force in March, compared with 2.1 million a year earlier. (The data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey.

Among the marginally attached, there were 1.0 million discouraged workers in March, up by 309,000 from a year earlier. (The data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.3 million persons marginally attached to the labor force had not searched for work in the 4 weeks preceding the survey for reasons such as school attendance or family responsibilities.

In March, nonfarm payroll employment rose by 162,000. Job growth continued in temporary help services and in health care. Federal government employment increased due to the hiring of temporary workers for Census 2010. Job losses continued in financial activities and in information.

Temporary help services added 40,000 jobs in March. Since September 2009, temporary help services employment has risen by 313,000.

Employment in health care continued to increase in March (27,000), with the largest gains occurring in ambulatory health care services (16,000) and in nursing and residential care facilities (9,000).

In March, employment in mining increased by 8,000. Monthly job gains in mining have averaged 6,000 over the past 5 months.

Employment in federal government was up over the month, reflecting the hiring of 48,000 temporary workers for the decennial census.

Manufacturing employment continued to trend up in March (17,000); the industry has added 45,000 jobs in the first 3 months of 2010. Over the month, job gains were concentrated in fabricated metal products (9,000) and in machinery (6,000).

Employment in construction held steady (15,000) in March. The industry had lost an average of 72,000 jobs per month in the prior 12 months.

Over the month, employment changed little in transportation and warehousing, leisure and hospitality, retail trade, and wholesale trade.

In March, financial activities shed 21,000 jobs, with the largest losses occurring in insurance carriers and related activities (-9,000). Employment in the information industry decreased by 12,000.

The average workweek for all employees on private nonfarm payrolls was up by 0.1 hour to 34.0 hours in March. The manufacturing workweek for all employees increased by 0.2 hour to 39.9 hours, and factory overtime was up by 0.1 hour over the month. In March, the average workweek for production and nonsupervisory employees on private nonfarm payrolls increased by 0.2 hour to 33.3 hours. 

In March, average hourly earnings of all employees on private nonfarm payrolls fell by 2 cents, or 0.1 percent, to $22.47, following a 4-cent gain in February. Over the past 12 months, average hourly earnings have risen by 1.8 percent. In March, average hourly earnings of private production and nonsupervisory employees fell by 2 cents, or 0.1 percent, to $18.90.

The change in total nonfarm payroll employment for January was revised from -26,000 to +14,000, and the change for February was revised from -36,000 to -14,000.

Gosh, that’s exciting.

No appreciable change is always exciting.

This article was posted by Steve on Friday, April 2nd, 2010. Comments are currently closed.

8 Responses to “March Employment Rate Is Unchanged!”

  1. JohnMG says:

    What……no “unexpected”…………?

    I must say, that certainly was unexpected.

  2. AcornsRNutz says:

    Considering the number of jobs that exist (you know, the thing they use to represent the 100% of all these percentages they keep touting all the time) is very seldom if ever mentioned, and when it is this number has gone down a number of times. I guess that would be the seasonal adjusting, although it never seems to go back up. Factoring that inconvenient truth, this employment situation is a true mess.

  3. proreason says:

    162,000 non-farm jobs added, of which 48,000 are census workers and another 40,000 are temps.

    If you can believe the stats, which is a stretch, there was a marginal increase in real-work employment.

    But don’t get too excited. ObamyCare, Cap and Tax, inflation, and oppressive taxation are just on the horizon.

  4. Rusty Shackleford says:

    I got ahold of my global warming buddies and asked them if I could use their hockey-stick graph for unemployment and inflation this year and on into the future.

  5. BannedbytheTaliban says:

    Unemployment numbers are a self cleaning stat. Wait long enough and people will fall off the “displaced worker” cliff and the numbers will come down. Even with 162,000, mostly government, jobs added and 414,000 added to the chronically unemployed, the rate stayed the same. By any logic the unemployment rate should have went down, since that is a net change of 576,000 less people who are “unemployed.” The fact that it didn’t go down reveals that the job market is much worse than the MSM is willing to admit, in their eyes this is good news. Afterall, Obama will save us from the Bush recession. If only we could give up more of our ‘extra’ income to the government, it will all be better.

  6. John The Builder says:

    Well, the government is correct. My unemployment status did not change last month. Still unemployed. And they are doing everything in their power to keep it that way.

    • Rusty Shackleford says:


      You have my support. Such as it is. I wish there was something I could do to help. I wish there was some sage, clever advice or wisdom I could offer. When I was unemployed on occasion, people always said the stupidest things to me. My favorite was “SO, you may have to shovel s___ for awhile…but at least it’s a job”. That came from my mother, my friends and “well-meaning” acquaintances. So many times I wanted to tell them that I’ve done just that and if it would pay the bills, I’d do it again.

      Then, there’s this thing called reality. S___ jobs pay s___ wages. Although it wasn’t “beneath” me, going to work everyday doing such things, (And I did) took me away from actively seeking work. However, I still had the internet and was able to secure several interviews that way. Without it, nobody would’ve known I existed and I would still be doing the s___ jobs.

      All I can say is to hang in there. Eventually something will come around. I’m sure you’ve explored many options and are trying to remain positive. That alone will keep you sane, if not solvent.

      I wish you all the luck a person can use.

  7. John The Builder says:

    I appreciate that Rusty. I keep picking up odd jobs every week. If things keep going like this I will be able to do it myself and not have to work for somebody else. Hopefully the next couple months will make it so.

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