U.S. added 178K jobs in March, exceeding expectations
The U.S. labor market rebounded in March with employers adding 178,000 jobs, well above the 60,000 predicted by economists. The unemployment rate declined slightly to 4.3%.The March report included revisions to the January and February figures. January's report was revised to show a gain of 34,000 jobs going from 126,000 to 160,000; while February was revised down by 41,000 jobs from a loss of 92,000 to 133,000.
The report shows employment in health care and construction rose. Health care added 76,000 jobs. Ambulatory health care services rose by 54,000, with employment in hospitals increasing by 15,000. Over the prior 12 months, health care employment has added an average of 29,000 jobs per month.
In March, 26,000 construction jobs were gained with little change in construction employment over the past 12 months.
The report shows employment in health care and construction rose. Health care added 76,000 jobs. Ambulatory health care services rose by 54,000, with employment in hospitals increasing by 15,000. Over the prior 12 months, health care employment has added an average of 29,000 jobs per month.
In March, 26,000 construction jobs were gained with little change in construction employment over the past 12 months.
The report shows employment in health care and construction rose. Health care added 76,000 jobs. Ambulatory health care services rose by 54,000, with employment in hospitals increasing by 15,000. Over the prior 12 months, health care employment has added an average of 29,000 jobs per month.
In March, 26,000 construction jobs were gained with little change in construction employment over the past 12 months.
Government employment saw 8,000 job losses in March. The federal government cut 18,000 jobs, with states cutting 4,000 positions but were offset slightly with local governments adding 14,000 jobs.
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