March 2018 employment: US adds 103,000 jobs

According to ‘The Employment Situation‘ report released by the U.S. Department of Labor’s Bureau of Labor Statistics, the unemployment rate in the United States remained unchanged at 4.1%, while the economy added 103,000 jobs, in March.

Employment increases occurred in professional and business services, manufacturing, financial activities, health care, and mining.

Among the major worker groups, the unemployment rates for adult men (3.7 percent), adult women (3.7 percent), teenagers (13.5 percent), Whites (3.6 percent), Blacks (6.9 percent), Asians (3.1 percent), and Hispanics (5.1 percent) showed little or no change in March.

The change in employment for January 2018 was revised from 239,000 jobs added to 176,000 jobs added while February 2018 was revised from 313,000 jobs added to 326,000 jobs added. With the revisions, employment gains in these two months were 50,000 jobs less than previously reported.

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