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National Employment Monthly Update

National Employment Monthly Update

4/3/2015

Unemployment Unchanged at 5.5 Percent for March 2015

The unemployment rate for March was 5.5 percent, unchanged from February, according to the Bureau of Labor Statistics. Unemployment has been falling steadily and has been under six percent since September 2014.

Approximately 126,000 jobs were created in March, well below the 12-month rolling average of 269,000 new jobs per month.

Business sectors seeing job growth in March included business and professional services, health care and retail trade. Employment in the construction, manufacturing, wholesale trade, transportation and warehousing, financial services and government sectors remained steady, while mining saw job losses for the month.

The number of unemployment was little changed for the month, at 8.6 million workers. Of those, the number of long-term unemployed, those jobless for 27 weeks or more, was 2.6 million and accounted for 29.8 percent of the unemployed.

Unemployment figures for April will be released on Friday, May 8, 2015.

U.S. Dept. of Labor, Bureau of Labor Statistics Press Release

 National Unemployment Rates,  2008 - 2015

   Jan.  Feb.  Mar.  April  May  June  July  Aug.  Sept.  Oct.  Nov.  Dec.
 2015   5.7   5.5   5.5                  
 2014   6.6   6.7   6.7   6.3   6.3   6.1   6.2   6.1   5.9    5.8    5.8    5.6
 2013   7.9   7.7   7.5   7.5   7.5   7.5   7.3   7.2   7.2    7.2    7.0    6.7
 2012   8.3   8.3   8.2   8.1   8.2   8.2   8.2   8.1   7.8    7.9    7.8    7.8
 2011   9.0   8.9   8.8   9.0   9.1   9.2   9.1   9.1   9.1    9.0    8.6    8.5
 2010   9.7   9.7   9.7   9.9   9.7   9.5   9.5   9.6   9.6    9.6    9.8    9.4
 2009   7.6   8.1   8.5   8.9   9.4   9.5   9.4   9.7   9.8  10.2  10.0  10.0
 2008   4.9   4.8   5.1   5.0   5.5   5.6   5.8   6.2   6.2    6.6    6.8    7.2

 Source: Bureau of Labor Statistics

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