March 4, 2016

The big gainers in the recent job numbers were retail, which added 54,900 jobs, restaurants with a gain of 40,200 jobs, and health care with a rise of 38,100 jobs. The first two numbers are considerably faster than average gains over the last year, while the gains in the healthcare sector are almost exactly in line with previous growth. Construction added 19,000 jobs in February. The relatively high-paying professional and technical services sector added 17,600 jobs. Educational services added 28,200 jobs in February, but most of this gain reversed a sharp fall reported for January. For more, see the accompanying Jobs Byte.