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Friday, April 6, 2012

March Jobs Numbers Summary

March 2012 Jobs Numbers have been released:

  • Summary:  A mixed report with not as many new jobs as expected, but a large increase in full-time workers (vs. part-time workers), and a large drop in the number of workers who are working part-time but want full-time work, which is a good thing.
  • Economy adds 120,000 jobs in March.
  • Private employers add 121,000 jobs in March.
  • February jobs numbers were revised upwards slightly by 13,000.
  • Unemployment rate declines slightly to 8.2% as 100,000 fewer people reported themselves as unemployed, and as about 100,000 fewer people are in the labor force (stopped working or looking for work). 
  • 100,000 fewer of those not in the labor force (not working or actively looking for work) reported themselves as "wanting a job".  
  • Underemployment rate drops to 14.5% from 14.9%.
  • Number of people working part-time who want full-time work dropped by 400,000.
  • Number of full-time workers increased by about 900,000; number of part-time workers decreased by 600,000.

Latest March Updates (posted in April):






Check This Link for Updates as They Are Published

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