US adds 103000 jobs in March, falling short of expectations
08 April, 2018, 01:01
Both manufacturing and mining and logging industries experienced significant job growth in March. The job market is widely regarded to be close to full employment. For the entire first quarter, job growth has averaged about 202,000 a month, enough to keep up with the growing workforce population - and then some. That's good news to economists, who want to see the labor force participation rate return to pre-recession levels of about 66 percent. Average hourly pay ticked up, climbing 2.7 percent compared with a year earlier. More than 2.5 million jobs have been added to the economy since President Trump took office in January 2017 and almost 3 million have been added since his election in November 2016.
Non-farm payrolls increased by 103,000 last month, with construction and retail sectors shedding jobs, the Labour Department had said on Friday.
Employment in Ontario increased by 10,600 jobs in March and the unemployment rate remained unchanged at 5.5 per cent, the lowest it has been since July 2000.
"The US economy is still maintaining a healthy pace of expansion", said Sam Bullard, a senior economist at Wells Fargo. Daniel's firm, based in Herndon, Virginia, provides services to hospitals, such as valet parking and "sitters", who stay with elderly or mentally ill patients after they've been sent home from operations.
"Across the board, hiring is a challenge", Daniel said.
It's a big change, Daniel said, from a decade ago, when the company offered no benefits at all.
Snowstorms and floods in the northeast are likely to have played a part in the weaker gain in March, with jobs in the construction sector falling by 15,000.
Jobs were not added across the board, as they were in previous months. Professional and business services, which includes such fields as accounting and architecture, gained 33,000 positions. Other factors are going to boost the economy as well and the fact that the United States economy grew at a faster pace in the last quarter of 2017 is proof that it is also going to do well in the years to come.
For example, a rising number of working-age Americans have begun looking for a job and finding one, reversing a trend from the first few years after the recession when numerous unemployed grew discouraged and stopped looking for work. "If anything, the wage data are beginning to strengthen the argument for three more hikes this year". In March, the Fed announced to raised interest rate to a range of 1.5 percent to 1.75 percent, marking the sixth time since the financial crisis that it has raised rates.
A broader measure of unemployment, which includes people who want to work but have given up searching and those working part time because they can not find full-time employment, fell two-tenths of a percentage point to 8.0 percent last month.
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Typically the median is the more representative figure , because the mean can be skewed by a handful of highly paid employees. This matches the mean national pay gap pay, and is only 1 per cent better than the median national pay gap.
In a Thursday morning tweet, the president credits "the strong immigration laws of Mexico and their willingness to use them". Trump has ordered the National Guard to be deployed along the border with Mexico.
Women's median hourly rate is 29.6 per cent lower than men's, which translates as women earning 70p for every £1 that men earn. In other words when comparing mean hourly rates, women earn 53p for every £1 that men earn, the website explained.
The city of Philadelphia is also part of the suit, along with five other major cities and the bipartisan U.S. State Attorney General George Jepsen says the move creates a "chilling effect" in immigrant communities.
It also reiterates the "fundamental importance of respecting the dignity and human rights of the Mexicans in the United States ". The woman who's endured sexual abuse should not be turned away at the border.
A Foreign Office spokesman told Huffington Post there is no discrepancy between the Porton Down statements and their own. A spokesperson said: "One of the tweets was truncated and did not accurately report our Ambassador's words.
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