March 2016 employment: US adds 215,000 jobs

The Employment Situation’ news release from the Bureau of Labor Statistics, the U.S. economy added 215,000 jobs in March while the unemployment rate and unemployed persons was  little changed at 5.0 percent and 8 million respectively. Among the major worker groups, the unemployment rates for adult men (4.5 percent), adult women (4.6 percent), teenagers (15.9 percent), Whites (4.3 percent), Blacks (9.0 percent), Asians (4.0 percent), and Hispanics (5.6 percent) showed little or no change in March. The number of long-term unemployed (those jobless for 27 weeks or more) was essentially unchanged at 2.2 million in March and has shown little movement since June. In March, these individuals accounted for 27.6 percent of the unemployed. Significantly, there were 585,000 discouraged workers in March, which is down by 153,000 from a year earlier. The change in total nonfarm payroll employment for January was revised from +172,000 to +168,000, and the change for February was revised from +242,000 to +245,000. With these revisions, employment gains in January and February combined were 1,000 less than previously reported. Over the past 3 months, job gains have averaged 209,000 per month.]]>

You May Also Like

Check out these additional posts from Mind Your Business.

FYI FRIDAYS Segment 4

Karen Caruso, Founder/CEO answered a question that many of us have been asked in the last few weeks: What are you looking forward to most in 2021?  I am most looking forward to getting back to some sense of normalcy. I look forward to rebuilding MYB stronger than before. Like many small businesses across the…
Read More

MYB is happy to be apart of Hendersonville’s inaugural Random Acts of Kindness Week

HENDERSONVILLE-The partners behind LoveHendo are happy to announce that the week of February 8th through February 13th will be known as Random Acts of Kindness Week. The initiative will be in support of Hendersonville’s non-profit community. Local Businesses will be able to select a non-profit to support during Random Acts of Kindness week.  The businesses will be…
Read More

3 Ways to Support Women-Owned Businesses

October was National Women’s Small Business month. As a certified women-owned small business, it was important for us to reflect on the inequities that still exist in business.  The pandemic has put a large strain on women-owned businesses and especially minority women-owned businesses.  Now more than ever, it is important for us to look at…
Read More

Quality and Precise Results, On Time!

Let us know about your screening needs to get a custom quote. We work with businesses big and small as well as the government. Which means we have a package of solutions for your organization as well.