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In reply to the discussion: U.S. payrolls rise by 228,000 in March, but unemployment rate increases to 4.2% [View all]mahatmakanejeeves
(64,777 posts)14. From the source, the U.S. Bureau of Labor Statistics:
Payroll employment rises by 228,000 in March; unemployment rate changes little at 4.2%
Total nonfarm payroll employment rose by 228,000 in March, and the unemployment rate changed little at 4.2 percent. Job gains occurred in health care, in social assistance, and in transportation and warehousing. Federal government employment declined.
Total nonfarm payroll employment rose by 228,000 in March, and the unemployment rate changed little at 4.2 percent. Job gains occurred in health care, in social assistance, and in transportation and warehousing. Federal government employment declined.
Economic News Release USDL-25-0452
Employment Situation Summary
Transmission of material in this news release is embargoed until 8:30 a.m. (ET) Friday, April 4, 2025
Technical information:
Household data: (202) 691-6378 * cpsinfo@bls.gov * www.bls.gov/cps
Establishment data: (202) 691-6555 * cesinfo@bls.gov * www.bls.gov/ces
Media contact: (202) 691-5902 * PressOffice@bls.gov
THE EMPLOYMENT SITUATION -- MARCH 2025
Total nonfarm payroll employment rose by 228,000 in March, and the unemployment rate changed little at 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, in social assistance, and in transportation and warehousing. Employment also increased in retail trade, partially reflecting the return of workers from a strike. Federal government employment declined.
This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours, and earnings by industry. For more information about the concepts and statistical methodology used in these two surveys, see the Technical Note.
Household Survey Data
Both the unemployment rate, at 4.2 percent, and the number of unemployed people, at 7.1 million, changed little in March. The unemployment rate has remained in a narrow range of 4.0 percent to 4.2 percent since May 2024. (See table A-1.)
Among the major worker groups, the unemployment rates for adult men (3.8 percent), adult women (3.7 percent), teenagers (13.7 percent), Whites (3.7 percent), Blacks (6.2 percent), Asians (3.5 percent), and Hispanics (5.1 percent) showed little or no change in March. (See tables A-1, A-2, and A-3.)
The number of long-term unemployed (those jobless for 27 weeks or more), at 1.5 million, changed little in March. The long-term unemployed accounted for 21.3 percent of all unemployed people. (See table A-12.)
The labor force participation rate, at 62.5 percent, changed little over the month and over the year. The employment-population ratio held at 59.9 percent in March. (See table A-1.)
The number of people employed part time for economic reasons, at 4.8 million, changed little in March. These individuals would have preferred full-time employment but were working part time because their hours had been reduced or they were unable to find full-time jobs. (See table A-8.)
The number of people not in the labor force who currently want a job was essentially unchanged at 5.9 million in March. These individuals were not counted as unemployed because they were not actively looking for work during the 4 weeks preceding the survey or were unavailable to take a job. (See table A-1.)
Among those not in the labor force who wanted a job, the number of people marginally attached to the labor force, at 1.7 million, was essentially unchanged in March. These individuals wanted and were available for work and had looked for a job sometime in the prior 12 months but had not looked for work in the 4 weeks preceding the survey. The number of discouraged workers, a subset of the marginally attached who believed that no jobs were available for them, changed little at 509,000 in March. (See Summary table A.)
Establishment Survey Data
Total nonfarm payroll employment rose by 228,000 in March, higher than the average monthly gain of 158,000 over the prior 12 months. In March, job gains occurred in health care, in social assistance, and in transportation and warehousing. Employment also increased in retail trade, partially reflecting the return of workers from a strike. Federal government employment declined. (See table B-1.)
Health care added 54,000 jobs in March, in line with the average monthly gain of 52,000 over the prior 12 months. Over the month, employment continued to trend up in ambulatory health care services (+20,000), hospitals (+17,000), and nursing and residential care facilities (+17,000).
In March, employment in social assistance increased by 24,000, higher than the average monthly gain of 19,000 over the prior 12 months. Over the month, individual and family services added 22,000 jobs.
Retail trade added 24,000 jobs in March, as workers returning from a strike contributed to a job gain in food and beverage retailers (+21,000). General merchandise retailers lost 5,000 jobs. Employment in retail trade changed little over the year.
Employment in transportation and warehousing rose by 23,000 in March, about double the prior 12-month average gain of 12,000. In March, job gains in couriers and messengers (+16,000) and truck transportation (+10,000) were partially offset by a job loss in warehousing and storage (-9,000).
Within government, federal government employment declined by 4,000 in March, following a loss of 11,000 jobs in February. (Employees on paid leave or receiving ongoing severance pay are counted as employed in the establishment survey.)
Employment showed little change over the month in other major industries, including mining, quarrying, and oil and gas extraction; construction; manufacturing; wholesale trade; information; financial activities; professional and business services; leisure and hospitality; and other services.
In March, average hourly earnings for all employees on private nonfarm payrolls rose by 9 cents, or 0.3 percent, to $36.00. Over the past 12 months, average hourly earnings have increased by 3.8 percent. In March, average hourly earnings of private-sector production and nonsupervisory employees edged up by 5 cents, or 0.2 percent, to $30.96. (See tables B-3 and B-8.)
In March, the average workweek for all employees on private nonfarm payrolls was unchanged at 34.2 hours. In manufacturing, the average workweek was little changed at 40.2 hours, and overtime was unchanged at 2.9 hours. The average workweek for production and nonsupervisory employees on private nonfarm payrolls increased by 0.2 hour to 33.8 hours in March. (See tables B-2 and B-7.)
The change in total nonfarm payroll employment for January was revised down by 14,000, from +125,000 to +111,000, and the change for February was revised down by 34,000, from +151,000 to +117,000. With these revisions, employment in January and February combined is 48,000 lower than previously reported. (Monthly revisions result from additional reports received from businesses and government agencies since the last published estimates and from the recalculation of seasonal factors.)
_____________
The Employment Situation for April is scheduled to be released on Friday, May 2, 2025, at 8:30 a.m. (ET).
Employment Situation Summary
Transmission of material in this news release is embargoed until 8:30 a.m. (ET) Friday, April 4, 2025
Technical information:
Household data: (202) 691-6378 * cpsinfo@bls.gov * www.bls.gov/cps
Establishment data: (202) 691-6555 * cesinfo@bls.gov * www.bls.gov/ces
Media contact: (202) 691-5902 * PressOffice@bls.gov
THE EMPLOYMENT SITUATION -- MARCH 2025
Total nonfarm payroll employment rose by 228,000 in March, and the unemployment rate changed little at 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, in social assistance, and in transportation and warehousing. Employment also increased in retail trade, partially reflecting the return of workers from a strike. Federal government employment declined.
This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours, and earnings by industry. For more information about the concepts and statistical methodology used in these two surveys, see the Technical Note.
Household Survey Data
Both the unemployment rate, at 4.2 percent, and the number of unemployed people, at 7.1 million, changed little in March. The unemployment rate has remained in a narrow range of 4.0 percent to 4.2 percent since May 2024. (See table A-1.)
Among the major worker groups, the unemployment rates for adult men (3.8 percent), adult women (3.7 percent), teenagers (13.7 percent), Whites (3.7 percent), Blacks (6.2 percent), Asians (3.5 percent), and Hispanics (5.1 percent) showed little or no change in March. (See tables A-1, A-2, and A-3.)
The number of long-term unemployed (those jobless for 27 weeks or more), at 1.5 million, changed little in March. The long-term unemployed accounted for 21.3 percent of all unemployed people. (See table A-12.)
The labor force participation rate, at 62.5 percent, changed little over the month and over the year. The employment-population ratio held at 59.9 percent in March. (See table A-1.)
The number of people employed part time for economic reasons, at 4.8 million, changed little in March. These individuals would have preferred full-time employment but were working part time because their hours had been reduced or they were unable to find full-time jobs. (See table A-8.)
The number of people not in the labor force who currently want a job was essentially unchanged at 5.9 million in March. These individuals were not counted as unemployed because they were not actively looking for work during the 4 weeks preceding the survey or were unavailable to take a job. (See table A-1.)
Among those not in the labor force who wanted a job, the number of people marginally attached to the labor force, at 1.7 million, was essentially unchanged in March. These individuals wanted and were available for work and had looked for a job sometime in the prior 12 months but had not looked for work in the 4 weeks preceding the survey. The number of discouraged workers, a subset of the marginally attached who believed that no jobs were available for them, changed little at 509,000 in March. (See Summary table A.)
Establishment Survey Data
Total nonfarm payroll employment rose by 228,000 in March, higher than the average monthly gain of 158,000 over the prior 12 months. In March, job gains occurred in health care, in social assistance, and in transportation and warehousing. Employment also increased in retail trade, partially reflecting the return of workers from a strike. Federal government employment declined. (See table B-1.)
Health care added 54,000 jobs in March, in line with the average monthly gain of 52,000 over the prior 12 months. Over the month, employment continued to trend up in ambulatory health care services (+20,000), hospitals (+17,000), and nursing and residential care facilities (+17,000).
In March, employment in social assistance increased by 24,000, higher than the average monthly gain of 19,000 over the prior 12 months. Over the month, individual and family services added 22,000 jobs.
Retail trade added 24,000 jobs in March, as workers returning from a strike contributed to a job gain in food and beverage retailers (+21,000). General merchandise retailers lost 5,000 jobs. Employment in retail trade changed little over the year.
Employment in transportation and warehousing rose by 23,000 in March, about double the prior 12-month average gain of 12,000. In March, job gains in couriers and messengers (+16,000) and truck transportation (+10,000) were partially offset by a job loss in warehousing and storage (-9,000).
Within government, federal government employment declined by 4,000 in March, following a loss of 11,000 jobs in February. (Employees on paid leave or receiving ongoing severance pay are counted as employed in the establishment survey.)
Employment showed little change over the month in other major industries, including mining, quarrying, and oil and gas extraction; construction; manufacturing; wholesale trade; information; financial activities; professional and business services; leisure and hospitality; and other services.
In March, average hourly earnings for all employees on private nonfarm payrolls rose by 9 cents, or 0.3 percent, to $36.00. Over the past 12 months, average hourly earnings have increased by 3.8 percent. In March, average hourly earnings of private-sector production and nonsupervisory employees edged up by 5 cents, or 0.2 percent, to $30.96. (See tables B-3 and B-8.)
In March, the average workweek for all employees on private nonfarm payrolls was unchanged at 34.2 hours. In manufacturing, the average workweek was little changed at 40.2 hours, and overtime was unchanged at 2.9 hours. The average workweek for production and nonsupervisory employees on private nonfarm payrolls increased by 0.2 hour to 33.8 hours in March. (See tables B-2 and B-7.)
The change in total nonfarm payroll employment for January was revised down by 14,000, from +125,000 to +111,000, and the change for February was revised down by 34,000, from +151,000 to +117,000. With these revisions, employment in January and February combined is 48,000 lower than previously reported. (Monthly revisions result from additional reports received from businesses and government agencies since the last published estimates and from the recalculation of seasonal factors.)
_____________
The Employment Situation for April is scheduled to be released on Friday, May 2, 2025, at 8:30 a.m. (ET).
* * * * *
Facilities for Sensory Impaired
Information from these releases will be made available to sensory impaired individuals upon request. Voice phone: 202-691-5200, Federal Relay Services: 1-800-877-8339.
-- -- -- -- -- --
From Bluesky:
Ed Moltzen
@emoltzen.bsky.social
Follow
The March unemployment numbers don't look bad, until you read 15 paragraphs into the report by the Bureau of Labor Statistics. It's more likely the U.S. lost jobs in March than gained anything:
Within government, federal government employment declined by 4,000 in March, following a loss
of 11,000 jobs in February. (Employees on paid leave or receiving ongoing severance pay are
counted as employed in the establishment survey.)
ALT
April 4, 2025 at 8:35 AM
@emoltzen.bsky.social
Follow
The March unemployment numbers don't look bad, until you read 15 paragraphs into the report by the Bureau of Labor Statistics. It's more likely the U.S. lost jobs in March than gained anything:
Within government, federal government employment declined by 4,000 in March, following a loss
of 11,000 jobs in February. (Employees on paid leave or receiving ongoing severance pay are
counted as employed in the establishment survey.)
ALT
April 4, 2025 at 8:35 AM
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U.S. payrolls rise by 228,000 in March, but unemployment rate increases to 4.2% [View all]
BumRushDaShow
Apr 4
OP
The ADP numbers are "actuals" for about 20% of the private workforce. How they estimate the other 80%
progree
Apr 4
#10
And both surveys were taken in the week containing March 12, if the usual practice was followed
progree
Apr 4
#8
"The national job numbers are calculated by plugging the survey responses into a mathematical formula. "
BumRushDaShow
Apr 4
#29
I'm delurking long enough to note that this week's report on unemployment claims numbers is here too.
mahatmakanejeeves
Apr 4
#27
The "health" cuts just started up towards the end of last month and into this month
BumRushDaShow
Apr 4
#12