Payroll Employment

April 5, 2024 Payroll employment jumped by 303 thousand in March after  having risen 270 thousand in February and 256 thousand in January.  In the past three months the average increase has been 276 thousand.  The March increase was larger than the 200 thousand...

Private Employment

April 5, 2024 Private sector employment jumped by 233 thousand in March after  having risen 206 thousand in February and 196 thousand in January.  In the past three months the average increase has been 212 thousand.  The March increase was larger than the 180 thousand...

Unemployment Rate

April 5, 2024 The unemployment rate fell 0.1% in March to 3.8% after having risen 0.2% in February.  In March the labor force rose by 469 thousand..  Employment jumped by 498 thousand.  As a result, the number of unemployed workers fell; by 29 thousand  and the...

Nonfarm Workweek

April 5, 2024 In any given month employers can boost output by either additional hiring workers or by lengthening the number of  hours that their employees work.  Payroll employment climbed by 303 thousand in March. At the same time the nonfarm workweek rose 0.1 hour...

Average Duration of Unemployment

April 5, 2024 The average duration of unemployment rose 0.6 week in March to 21.6 weeks after having risen 0.1 week in February.  Its current level is roughly where it was prior to the recession in early 2020.  After declining slowly for more than one year, it has...