On Friday, April 5, 2013, the U.S. Bureau of Labor Statistics (BLS) posted its preliminary March employment numbers for the U.S. (The preliminary March employment numbers by Metropolitan Statistical Area will be released Wednesday, May 1, 2013). With the March employment numbers’ release, the employment numbers for the first quarter of 2013 could be analyzed for the U.S. At the national level, the employment report for first quarter of 2013 reflected an increase in job growth. Year-to-date through March 2013, nonfarm payrolls increased by 504,000 (seasonally adjusted) jobs and an annual growth rate of 1.5%. Employment growth during first quarter of 2013 was led by Professional and Business services (+177,000), followed by Construction (+91,000), and Education and Health (+74,000). Government employment decreased by 9,000 jobs, a possible result of the sequester which began on March 1, 2013.
Read more...Jobs Report, March 2013