March NFP = +215,000

The March jobs report is out and it’s not bad. Last month, the U.S. economy created 215,000 net new jobs. The unemployment rate ticked up to 5.0%.

Average hourly earnings rose 0.2%. In the last year, AHE is up 2.3%.

The labor force participation rate increased to 63.0%. That’s up 0.6% since September. That metric has been on a downward trend since the start of the century.

Here’s the unemployment rate:

Here are non-farm payrolls:

Here’s AHE:

Posted by on April 1st, 2016 at 9:32 am


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