Economy Gains 916,000 Jobs in March; Unemployment Down to 6.0%

Bureau of Labor Statistics

The U.S. economy gained 916,000 jobs in March, and the unemployment rate fell to 6.0%, according to figures released Friday morning by the U.S. Bureau of Labor Statistics.

In response to the March job numbers, AFL-CIO Chief Economist William Spriggs tweeted:

Last month’s biggest job gains were in leisure and hospitality (+280,000), education (+190,000), construction (+110,000), professional and business services (+66,000), manufacturing (+53,000), transportation and warehousing (+48,000), other services industry (+42,000), social assistance (+25,000), wholesale trade (+24,000), retail trade (+23,000), mining rose (+21,000) and financial activities (+16,000). Employment in health care and information changed little in March. 

In March, the unemployment rate increased for Asians (6.0%). The rates for Hispanics (8.5%) and teenagers (13.0%) declined. The rates for Black Americans (9.6%), adult men (5.8%), adult women (5.7%) and White Americans (5.4%) showed little or no change over the month.

The number of long-term unemployed workers (those jobless for 27 weeks or more) barely changed in March and accounted for 43.4% of the total unemployed.