236,000 +
Total Jobs Added*
(* Non-Farm Jobs Only)
3.5 %
Unemployment Rate
(Increased by .1% since February)
Total non-farm payroll employment increased by 236,000 in March, compared with the average monthly gain of 334,000 over the prior 6 months. In March, employment continued to trend up in leisure and hospitality, government, professional and business services, and health care. Both the unemployment rate, at 3.5 percent, and the number of unemployed persons, at 5.8 million, changed little in March.
Among the unemployed, the number of permanent job losers increased by 172,000 to 1.6 million in March, and the number of re-entrants to the labor force declined by 182,000 to 1.7 million.
Industry-Specific Updates – March 2023
Professional & Business Services
+39,000
- Scientific, and technical services +26,000
- Monthly growth +34,000 over 6 months
Leisure and Hospitality
+72,000
- Food services and drinking places + 50,000
- Employment below pre-pandemic by 2.2%
Healthcare
+58,000
- Ambulatory health care +34,000
- Hospitals +11,000
- Nursing and residential care +8,000
- Home Healthcare +15,000
Transportation & Warehousing
+10,000
- Couriers and messengers +7,000
- Air Transportation +6,000
- Warehousing -12,000
Manufacturing
+19,000*
- Average jobs added +33,000 per month*
Other Sectors
- Social assistance + 17,000
- Retail -15,000
In March, average hourly earnings for all employees on private nonfarm payrolls rose by 9 cents, or 0.3 percent, to $33.18. Over the past 12 months, average hourly
earnings have increased by 4.2 percent. In March, average hourly earnings of private-sector production and nonsupervisory employees rose by 9 cents, or 0.3
percent, to $28.50.
Source: The US Bureau of Labor Statistics
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