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U.S. transportation sector adds another 3500 jobs in March

21 April 2017

Retail payrolls fell 29,700, declining for a second straight month.

The labor force participation rate, which shows the share of working-age people in the labor force, was unchanged at 63 percent. Retail jobs fell by 30,000 and construction was up just 6,000 after a gain of 59,000 in February. This placed Gallia 13th out of 88 counties, in terms of unemployment.

Unemployment in Mason County is down slightly, according to the latest statistics.

Compared to the same period last year, employment increased by 90 000 or 0.9 percent year-on-year between December 2015 and December 2016.

The unemployment rate fell to 4.5 percent, its lowest level in almost a decade. But for men, the unemployment rate stayed steady at 4.3 percent.

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Effectively, the average hourly earnings rose at an annual pace of roughly 2.7 percent, in March, following that 2.8 percent increase from February.

The number of workers unemployed in OH in February was 294,000, up 7,000 from 287,000 in January. Wages increased 2.7 percent for the 12 months ended March 31.

"Employment in the province has been on an upward trend since the autumn of 2016, following a strong downward trend which began in 2015", Statistics Canada said in a release.

US employers added the fewest number of workers in 10 months in March, but a drop in the unemployment rate to a near 10-year low of 4.5 per cent pointed to a labour market that continues to tighten.

US employers added just 98,000 jobs in March, the fewest in a year, though the unemployment rate fell to a almost 10-year low of 4.5 percent.

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In March construction companies added just 6,000 jobs, the fewest in seven months and 52,000 fewer than in February. Other sectors of note include health care (+14,000) and financial services (+9,000).

Employment increased in professional and business services with a gain of 56,000. Meigs' unemployment rate for February was 10.2 percent, down from January's 10.9 percent.

What's more, for the first time in years, overseas growth stands to boost the USA economy.

For March, analysts were expecting a far smaller dip in job creation to 180,000 net new positions, on the back of the public sector hiring freeze put in place by the government of Trump and March's powerful northeast storm.

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U.S. transportation sector adds another 3500 jobs in March