The March Employment Report

Friday, April 01, 2011

The March Employment Report

The Bureau of Labor Statistics (BLS) released the employment report for March:

http://www.bls.gov/news.release/pdf/empsit.pdf

Key Statistics:

  • The unemployment rate for March is 8.8%. The unemployment rate was 8.9% in February and 9.0% in January.
  • The percentage and number of long-term unemployed was 45.5% and 6.1 million in March, from 43.9% and 6.0 million in February.
  • The labor force grew by 160,000 in March and the labor force participation rate held steady at 64.2%.
  • There were 13.5 million unemployed in March. There were 13.7 million unemployed in February.
  • Private sector employment rose 230,000 while government employment fell by 14,000

 

 

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