April 1, 2016 Comments Off on Jobs Increase by 215,000; Unemployment at 5% Views: 693 California News, National News

Jobs Increase by 215,000; Unemployment at 5%

March’s U.S. employment numbers, released today by the Bureau of Labor Statistics (BLS), noted that total, non-farm payroll jobs increased by 215,000 from February.

The unemployment rate of 5% represented a slight increase from the previous month’s 4.9%. The BLS noted that unemployment and the number of unemployed people (8 million) have experienced little change since August.

The labor force participation rate was 63%, while the employment-population ratio stood at 59.9%. The participation rate refers to the number of people who are either employed or actively looking for work, while the employment-population ratio indicates the percentage of the total population that is employed (and includes individuals who have stopped looking for work). Both figures increased slightly month over month.

Connect with the Bureau of Labor Statistics


Comments are closed.