U.S. Creates 192,000 Jobs in March

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The U.S. economy added 192,000 jobs last month. Unemployment, however, stayed at 6.7%, according to the Bureau of Labor Statistics.

Employers added a combined 37,000 more jobs in February and January than previously estimated.

In addition, the Bureau reports there were 4.2 million job openings in February, which is an increase from 3.9 million in January.

Over the last 12 months, most job openings were in the West and Midwest.

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One significant turn of events is that private employers have regained all the jobs that were eliminated during the recession. Employers got rid of 8.8 million jobs during the recession. Since that time, they have hired 8.9 million workers.

Other findings:

  • There were 4.6 million hires in February.
  • There were 4.4 million total separations (defined by BLS as quits, layoffs and discharges, and other separations) in February.
  • The layoffs and discharges rate was unchanged in February at 1.2%.
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