April 7, 2017

According to the latest jobs numbers from the Bureau of Labor Statistics, the strongest areas of job growth were restaurants (21,700), building support services (16,800), and health care (13,500). Mining also added 11,000 jobs, as did manufacturing. Retail was a big job loser in the month, shedding 29,700 jobs. This sector is likely to continue to show weakness as several major chains have announced plans to close a large number of stores. Government employment rose by 9,000 in March after falling by 2,000 in February. For more, see the latest Jobs Byte.