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Health Care Employment Drives Blowout March Jobs Report

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10x25mm
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The February U.S. Bureau of Labor Statistics (BLS) Employment Situation (CES) Report was a disappointment, probably due to bad weather across the mid section nation during the mid month data collection period.  The March BLS CES was a blowout, with 178,000 net new jobs reported and the official unemployment rate dropping to 4.3%.:

https://www.bls.gov/news.release/empsit.nr0.htm

Health care added 76,000 jobs in March. Employment in ambulatory health care services rose by 54,000, reflecting an increase of 35,000 in offices of physicians as workers returned from a strike. Employment also increased in hospitals (+15,000). Over the prior 12 months, health care had added an average of 29,000 jobs per month.

Go to the extensive charts and text at the hyperlink, above, for more information and data.  Table B-1. Employees on nonfarm payrolls by industry sector and selected industry detail tells the health care story:

https://www.bls.gov/news.release/empsit.t17.htm


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