HR Workforce Solutions
By Nonprofits, For Nonprofits
March resulted in positive job growth with employers adding an additional 196,000 jobs with considerable job gains in the healthcare and professional/technical services. Employment growth averaged 180,000 per month in the first quarter compared to the 223,000 per month in 2018 and this month the unemployment rate remained the same at 3.8 percent. The number of unemployed persons remained unchanged at 6.2 million.
During the month of March, the number of long-term unemployed (those jobless for 27 weeks or more) showed minimal to no change at 130 million and accounts for 21.1 percent of those unemployed. With the labor force participation rate at 63 percent, it showed slight change over the course of the month and little movement on net over the past 12 months. In addition, the number of persons employed part-time for economic reasons (referred to as involuntary part-time workers) showed small changes at 4.5 million in March. To explain, these are individuals who would have preferred to have full-time employment and were working part-time due to their hours being reduced or unable to find full-time employment.
Job gains occurred in health care adding 49,000 jobs and 398,000 over the past 12 months. This growth increased employment in ambulatory health care services (+27,000), hospitals (+14,000) and nursing/ residential care facilities (+9,000). In addition, there was a significate increase in the professional and technical services of 34,000 and 311,000 over the past 12 months. The growth increased employment in design and related services (+12,000), architectural engineering services (+6,000) and management and technical consulting services (+6,000). Employment also showed an upward trend in food services and drinking (+27,000) as well in construction (+16,000) with an increase of 246,000 over the past 12 months.
In March, average hourly earnings for all employees on private nonfarm payrolls increased by 4 cents to $27.70, following a 10-cent gain in February. Over the past 12 months, average hourly earnings have increased by 3.2 percent. Average hourly earnings of private-sector production and nonsupervisory employees increased by 6 cents to $23.24 in March.
With the revisions of both the January and February’s job reports, the number of jobs went from +311,000 to +312,000 for January and +20,000 to +30,000 for February – combined there were 14,000 more jobs than previously reported. These changes show a continual growth in employment and the upward trend of different sectors benefiting from this positive job growth.
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UST maintains a secure site. This means that information we obtain from you in the process of enrolling is protected and cannot be viewed by others. Information about your agency is provided to our various service providers once you enroll in UST for the purpose of providing you with the best possible service. Your information will never be sold or rented to other entities that are not affiliated with UST. Agencies that are actively enrolled in UST are listed for review by other agencies, UST’s sponsors and potential participants, but no information specific to your agency can be reviewed by anyone not affiliated with UST and not otherwise engaged in providing services to you except as required by law or valid legal process.
Your use of this site and the provision of basic information constitute your consent for UST to use the information supplied.
UST may collect generic information about overall website traffic, and use other analytical information and tools to help us improve our website and provide the best possible information and service. As you browse UST’s website, cookies may also be placed on your computer so that we can better understand what information our visitors are most interested in, and to help direct you to other relevant information. These cookies do not collect personal information such as your name, email, postal address or phone number. To opt out of some of these cookies, click here. If you are a Twitter user, and prefer not to have Twitter ad content tailored to you, learn more here.
Further, our website may contain links to other sites. Anytime you connect to another website, their respective privacy policy will apply and UST is not responsible for the privacy practices of others.
This Privacy Policy and the Terms of Use for our site is subject to change.
