Loading...
You are here:  Home  >  Global News  >  Current Article

US Unemployment Rate at 5% in March

By   /  May 1, 2016  /  Comments Off on US Unemployment Rate at 5% in March

    Print       Email

New York: Total nonfarm payroll employment rose by 215,000 in March, and the unemployment

rate was little changed at 5.0 percent, the U.S. Bureau of Labor Statistics reported  recently. Employment increased in retail trade, construction, and health  care. Job losses occurred in manufacturing and mining.

In February 2016, the unemployment rate was 4.9%.   In January the unemployment rate dropped below 5% for the first time since 2008 and had remained there for the first two months of the year.

In March, labor force participation inched up to 63%, up 0.6% since September of last year.

    Print       Email
  • Published: 9 years ago on May 1, 2016
  • By:
  • Last Modified: May 3, 2016 @ 9:57 am
  • Filed Under: Global News
  • Tagged With:

You might also like...

Bookkeeping Tasks a Virtual Assistant Can Do for Entrepreneurs

Read More →
Skilloutlook.com