By BLS 4/5/24
This report is preliminary and will be revised. This report counts the additions to payroll on ADP and others that offer payrolling services. These numbers will be compared with payroll tax receipts received in 30 days from all employers and revised.
https://www.bls.gov/news.release/empsit.nr0.htm
The average work week moved from 34.3 to 34.4 hours in March 2024.
Job openings decreased from 8.86
million to 8.75 million in March 2024.
https://fred.stlouisfed.org/series/JTSJOL
Jobs restored from the Covid
years were 7.2 million in 2021.
Jobs created in 2022 were 4.5
million.
Jobs created in 2023 were 3.1
million..
The report shows jobs added in 2021, 2022, 2023 and 2024 by month
In March 2024
303000 in March 2024
275000 in February 2024 rev to
270000
353000 in January 2024 rev to 229000
158000 in December 2023 rev to
290000
199000 in November 2023
150000 in October 2023
336000 in September 2023
187000 in August 2023
187000 in July 2023
185000 in June 2023 rev dn 24000
314000 in May 2023 rev dn 25000
253000 in April 2023
236000 in March 2023
311000 in February 2023
517000 in January 2023
3033000 in 2023
223000 in December 2022
263000 in November 2022
261000 in October 2022
263000 in September 2022
315000 in August 2022
528000 in July 2022
372000 in June 2022
390000 in May 2022
428000 in April 2022
431000 in March 2022
678000 in February 2022
467000 in January 2022
4620000 in 2022
199000 in December 2021
210000 in November 2021
531000 in October 2021
194000 in September 2021
235000 in August 2021
943000 in July 2021
850000 in June 2021
559,000 in May 2021
278,000 in April 2021
785,000 in March 2021
379,000 in February 2021
49,000 in January 2021
5212000 in 2021
12855000 total 2021-2023
BLS Jobs Report March 2024
Total nonfarm payroll employment
increased by 303,000 in March 2024 and the unemployment rate decreased from 3.9%
to 3.8%. The number of unemployed persons moved from 6.5 to 6.4 million.
Permanent job losers grew by 337,000 to 1.9 million. The Labor Participation
rate moved to 62.7.
There were 5.7 million actively seeking jobs.
Health care jobs increased by 72,000 in March and is above February 2020 levels.
Government jobs increased by 71,000 in March and is above February 2020 levels
Construction jobs increased by 39,000 in March.
Leisure and hospitality food and drink service jobs added 49,000 in March. Jobs are down by 121,000 since February 2020
Other Services jobs increased by 16,000 in March.
Social Assistance jobs increased by 9,000 in March.
Retail jobs increased by 18000 in March. Retail jobs are down by 100,000 since February 2020
Professional and business services jobs did not increase in March and is above February 2020 levels by 1,000,000 jobs.
Transportation and Warehouse jobs did not increase in March.
Manufacturing jobs did not increased in March.
Information jobs did not increase in March.
Mining, Oil and Gas Extraction jobs did not increase in March.
Financial jobs did not increase in March. Employment in financial activities is 200,000 jobs above its February 2020 level.
Wholesale jobs did not increase in March.
https://www.bls.gov/news.release/pdf/empsit.pdf
In February 2020 the US Jobs
Deficit was 9.5 million.
US Unemployment by industry had
deficits from February 2020.
2020 2021
Industry
June Sept Oct Feb Apr May Aug Dec
Hospitality 2.2M 1.6M 1.4M 1.5M
1.4M 1.3M -1.1m -1m
Prof &
Bus 632K 385K 215K+596k+738k +821k+1.1m +1m
Mfg 481K
353K 270K 178k 56k 17k 0k 0k
Construct 238K
201K 150K 11k +8k +40k +40k +59k
Mining
110K 93K 87K 62k +73k +80k +96k +102
Healthcare 508K 524K 460K 306k 250k 223k -37k +0k
Public Sch 582K
504K 575K 306k 306k 308k -555k
-555k
Pvt
Schls 255K 172K 148K 148k 148k 115k +115k
+115k
SocialAsst 236K
204K 204K 152k 126k 126k -53k -40k
Media/Info 193K
108K 122K 122k 122k 122k +117k
+101k
Tran
Whse 94K +75K +149K+584k +674k+709k +759k +751k
Wholesale
192K 159K 158K 113k 1
57k 41k -3k +0k
Other Svc
297K 189K 169K 317k
317k 317k -317k -300k
Retail
303K
202K 140K 104k 284k+159k -208k -200k
Totals 6.3M 4.6M 4.9M 3.8M 2.9M 2.6M -1.34k - 0k
Industries with deficits as of
2/28/23 included Hospitality, Public Schools, Retail and Other Services.
https://www.bls.gov/news.release/pdf/empsit.pdf
https://www.bls.gov/news.release/empsit.nr0.htm
The Employment Situation-August 2021 (bls.gov)
Comments
The US Jobs deficit was 9.5 million in January 2021. This is the shortfall between jobs held in February 2020.
Over 10 million illegal immigrants entered the US since January 2021. I expect they will take government welfare in addition to jobs where they can be supervised by bi-lingual illegals in jobs that don’t require English and drug cartel jobs. Over 2 million legal immigrants arrive each year and 2 million US students graduate each year.
The US Labor Force Participation
Rate 2021-2024
62.7 March 2024
62.5 February 2024
62.5 January 2024
62.5 December 2023
62.8 November 2023
62.7 October 2023
62.8 September 2023
62.8 August 2023
62.6 July 2023
62.6 June 2023
62.6 May 2023
62.6 April 2023
62.6 March 2023
62.5 February 2023
62.4 January 2023
60.1 December 2022
62.1 November 2022
62.2 October 2022
62.3 September 2022
62.4 August 2022
62.1 July 2022
62.2 June 2022
62.3 May 2022
62.2 April 2022
62.4 March 2022
62.3 February
62.2 January 2022
61.9 December 2021
61.8 November
61.6 October
61.6 September
61.7 August
61.7 July
61.6 June
61.6 May
61.7 April
61.5 March
61.4 February
61.4 January 2021
https://tradingeconomics.com/united-states/labor-force-participation-rate
US
Layoffs by Year
2023 194000
2022 93000
2021 10353000
Total 10640000
https://www.bls.gov/opub/mlr/2022/article/job-openings-and-quits-reach-record-highs-i
Jobs 2021-2023
Jobs restored 12686000
Job Lay-offs 10640000
Jobs created 2046000
Comments
The 12,686,000 Jobs restored are off-set by the 10.640,000 Job Lay-offs to have 2.046.000 Jobs created in 2021 to 2023.
The US population is 335.9 million. The Labor Participation rate is 62.7%. The US Labor force is 209.9375 million.
The BLS Jobs Data is released monthly to report job starts but doesn’t report job lay-offs. It is quietly adjusted later and recorded unintelligibly in tables near the bottom of the report.
The average work week rose to 34.4 hours in March 2024. The Labor Participation rate rose from 62.5 to 62.7. These are clues that US citizen employment is flat. The increase is likely due to job gains by illegal immigrants.
Norb Leahy, Dunwoody GA Tea Party Leader
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