William J. Wiatrowski, Acting Commissioner, Bureau of Labor Statistics
April 6 2018 - "Nonfarm payroll employment edged up by 103,000 in March,
following a large gain in February (+326,000). The unemployment
rate remained unchanged at 4.1 percent in March. Over the month,
job gains occurred in manufacturing, health care, and mining.
"Incorporating revisions for January and February, which
decreased nonfarm payroll employment by 50,000 on net, monthly
job gains have averaged 202,000 over the past 3 months.
"Manufacturing employment rose by 22,000 in March. All of
the increase occurred in the durable goods component, including
a gain of 9,000 in fabricated metal products. Over the past 12
months, manufacturing has added 232,000 jobs; the durable goods
component accounted for about three-fourths of the jobs added.
"Employment in health care increased by 22,000 in March and
has grown by 304,000 over the year. Within the industry,
employment continued to trend up over the month in ambulatory
health care services (+16,000) and hospitals (+10,000).
"Mining employment rose by 9,000 in March, with gains
occurring in support activities for mining (+6,000) and in oil
and gas extraction (+2,000). Employment in mining has expanded
by 78,000 since a recent low point in October 2016.
"Employment in professional and business services continued
to trend up in March (+33,000). Over the year, employment in the
industry has increased by 502,000, with gains distributed across
most of the component industries.
"Employment in retail trade changed little in March (-4,000)
following an increase in February (+47,000). Within the
industry, employment in general merchandise stores declined by
13,000 over the month, offsetting an increase of the same
magnitude in February. Over the year, employment in retail trade
has shown little net change.
"In March, employment in construction changed little
(-15,000), following a large increase in February (+65,000).
These employment changes averaged 25,000 per month, roughly in
line with the average monthly gain over the previous 6 months.
"Employment in other major industries--wholesale trade,
transportation and warehousing, information, financial
activities, leisure and hospitality, and government--showed
little change over the month.
"Average hourly earnings of all employees on private nonfarm
payrolls rose by 8 cents in March to $26.82, following a 3-cent
gain in February. Over the past 12 months, average hourly
earnings have risen by 2.7 percent. From February 2017 to
February 2018, the Consumer Price Index for All Urban Consumers
(CPI-U) increased by 2.3 percent (on a seasonally adjusted
"Turning now to data from the survey of households, the
unemployment rate in March was 4.1 percent for the sixth month
in a row. The number of unemployed people, at 6.6 million,
changed little in March.
"The number of unemployed people searching for work for 27
weeks or more, at 1.3 million, was also little changed in March.
These long-term unemployed accounted for 20.3 percent of the
"The labor force participation rate, at 62.9 percent,
changed little over the month and has shown little movement on
net over the past year. The employment-population ratio remained
at 60.4 percent in March.
"Among the employed, the number of people working part time
for economic reasons, also referred to as involuntary part-time
workers, was 5.0 million in March. This measure was little
changed over the month and has held fairly steady since last
"In March, among those neither working nor looking for work,
1.5 million were considered marginally attached to the labor
force, little different from a year earlier. Discouraged
workers, a subset of the marginally attached who believed that
no jobs were available to them, numbered 450,000 in March,
essentially unchanged from a year earlier. (People who are
marginally attached to the labor force had not looked for work
in the 4 weeks prior to the survey but wanted a job, were
available for work, and had looked for a job within the last 12
"In summary, nonfarm payroll employment edged up by 103,000
in March, and the unemployment rate held steady at 4.1 percent."
Source: Bureau of Labor Statistics, US Department of Labor