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The US economy gained 236,000 jobs in March
Posted on 4/7/23 at 9:10 am
Posted on 4/7/23 at 9:10 am
quote:
JUST IN: The US economy gained 236,000 jobs in March. That’s very solid but slowing from 472,000 in January.
Unemployment rate: 3.5%
Wage growth: +4.2% --> down from 4.6% in Feb.
quote:
Good news: The labor force participation rate rose to 62.6% in March 2023.
That's the highest rate since pre-pandemic.
A sign that more people are going back to work and looking for work again.
quote:
We're starting to see 2 economies for jobs: Still hiring in restaurants/health/gov but not in retail/real estate
Hospitality: +72,000
Gov't +47,000
Biz: +39,000
Healthcare +34,000
Social aid +17,000
Retail -14,600
Warehousing -11,800
Construction -9,000
Real estate/leasing -7,200
Manufacturing -1,000
quote:
Huge surge in the labor force participation rate
+480,000 people entering in March
Labor force participation up to 62.6% (highest since 63.3% pre-pandemic in Feb 2020).
LINK
Posted on 4/7/23 at 9:13 am to m2pro
quote:
Ok?
A thread with legitimate news to discuss and that's your response?

Posted on 4/7/23 at 9:17 am to RLDSC FAN
I would love to beleieve it but all I'm seeing is massive layoffs
Posted on 4/7/23 at 9:18 am to bayouvette
Look! We are hiring! Says every company, but they are not.
Posted on 4/7/23 at 9:19 am to RLDSC FAN
Looking forward to the savings this year at the 4th of July cookout.
Posted on 4/7/23 at 9:19 am to RLDSC FAN
*236,000 people got second jobs to afford all they need to survive
Posted on 4/7/23 at 9:20 am to bad93ex
quote:
Looking forward to the savings this year at the 4th of July cookout.


Posted on 4/7/23 at 9:22 am to bad93ex
quote:
Looking forward to the savings this year at the 4th of July cookout.
Might get up to 50 cents this year

Posted on 4/7/23 at 9:24 am to RLDSC FAN
quote:
Hospitality: +72,000 Gov't +47,000
The biggest two gains are in hospitality, low wage, low skill work.
And then the government. Where useless losers with no marketable skills go to steal tax money from people with actual marketable skills.
This post was edited on 4/7/23 at 9:24 am
Posted on 4/7/23 at 9:24 am to RLDSC FAN
Have to work just to afford a dozen Biden eggs.
Posted on 4/7/23 at 9:31 am to RLDSC FAN
shouldnt this be on the politics board?
Posted on 4/7/23 at 9:34 am to RLDSC FAN
I feel like I saw article after article on massive layoffs but maybe that was last month
Posted on 4/7/23 at 9:36 am to HailToTheChiz
quote:
I feel like I saw article after article on massive layoffs but maybe that was last month
You know god damn well that these numbers are cooked more than Walter White and Jesse in the Winnebago.
Posted on 4/7/23 at 9:37 am to RLDSC FAN
Job gains need to slow so we can start to lower inflation.
Posted on 4/7/23 at 9:41 am to RLDSC FAN
Macro economics isn’t political and allowed on the OT?
Posted on 4/7/23 at 9:45 am to RLDSC FAN
Thanks for this information, hells me make up my mind I’m voting for the black chick whatever her name is ??
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