U.S. Added 120K Jobs in March, Unemployment At 8.2%


Nonfarm payroll employment rose by 120,000 in March, and the unemployment rate was little changed at 8.2 percent, the U.S. Bureau of Labor Statistics reported. Employment rose in manufacturing, food services and drinking places, and health care, but was down in retail trade.

The number of unemployed persons (12.7 million) and the unemployment rate (8.2 percent) were both little changed in March.

Among the major worker groups, the unemployment rates for adult men (7.6 percent), adult women (7.4 percent), teenagers (25.0 percent), whites (7.3 percent), blacks (14.0 percent), and Hispanics (10.3 percent) showed little or no change in March. The jobless rate for Asians was 6.2 percent,
not seasonally adjusted.

The number of long-term unemployed (those jobless for 27 weeks and over) was essentially unchanged at 5.3 million in March. These individuals accounted for 42.5 percent of the unemployed. Since April 2010, the number of long-term unemployed has fallen by 1.4 million. (See table A-12.)

Total nonfarm payroll employment rose by 120,000 in March. In the prior 3 months, payroll employment had risen by an average of 246,000 per month. Private-sector employment grew by 121,000 in March, including gains in manufacturing, food services and drinking places, and health care. Retail trade lost jobs over the month. Government employment was essentially unchanged.

The change in total nonfarm payroll employment for January was revised from +284,000 to +275,000, and the change for February was revised from +227,000 to +240,000.


TradingEconomics.com, U.S. Bureau of Labor Statistics
4/6/2012 1:37:03 PM