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The Bureau of Labor Statistics indicated Friday that the overall job situation improved somewhat during the past three months over what it had first reported. The BLS reported in its monthly job assessment that 192,000 new private jobs were created in March. Governments at all levels added no new jobs. The official unemployment rate—which BLS calls U3 and calculates in a separate survey—remained steady at 6.7 percent.

The bureau's report includes several alternative calculations each month. U6 is best known. It encompasses not just Americans with no job, but also those working part time who want full-time positions—the underemployed who are called "part time for economic reason"—and workers who have looked for jobs in the past 12 months but not in the past four weeks. U6 rose from 12.6 percent in February to 12.7 percent in March. U6 does not tally people who have not looked for work in the past 12 months. These jobless are left out of the unemployment count even if they still want jobs but have despaired of finding one.

Full-time and part-time jobs are included in the total, and the bureau makes no monthly assessment of the quality of the jobs people are being hired for, although it does so in other reports.

The bureau revised its previously reported results for January from 129,000 to 144,000, and in February from 175,000 to 197,000. That brought the three-month average to 178,000. At that rate, according to the Hamilton Project's Job Gap calculator, it would take until November 2019 to return us to the pre-recession employment situation while absorbing the people who enter the labor force each month.

A consensus experts surveyed by Bloomberg News before the report was released figured the economy created 206,000 jobs in March. To the civilian labor force were added 503,000 in March. That rise came after a rise of 264,000 in February and a 499,000 rise in January. The employment-population ratio rose to 58.9 percent. The labor force participation rate rose to 63.2 percent, the second consecutive 0.2 percent rise.

The number of long-term unemployed who have been jobless for 27 weeks or more, fell slightly to 3.7 million, 35.8 percent of all those accounted for who have no work.

The number of officially unemployed Americans remained steady at 10.5 million. But there are the millions of discouraged workers not included in that count because they have left the workforce.

For more details about today's jobs report, please continue reading below the meandering orange unemployment line.

The payroll services company Automatic Data Processing had reported on Wednesday a seasonally adjusted gain of 191,000 private-sector jobs for March. ADP does not report on public-sector jobs and its estimated growth figures, despite a change in methodology in 2012, frequently aren't a close match with the BLS private-job figures.

Among other news in the March job report:

Demographic breakdown of official (U3) seasonally adjusted jobless rate:

African American: 12.4 percent
Latino: 7.9 percent
Asian (not seasonally adjusted): 5.4 percent
American Indian (data not collected on monthly basis)
White: 5.8 percent
Adult women (20 and older): 6.2 percent
Adult Men (20 and older): 6.2 percent
Teenagers (16-19): 20.9 percent

Duration of unemployment:

Less than five weeks: 2.46 million
5 to 14 weeks: 2.58 million
15 to 26 weeks: 1.68 million
27 weeks and more: 3.74 million

Job gains and losses in selected categories:

Professional services: + 57,000
Transportation and warehousing : + 7,900
Leisure & hospitality: + 29,000
Information: + 2,000
Health care: + 27,000
Retail trade: + 21,300
Construction: + 19,000
Manufacturing: - 1,000
Average weekly manufacturing hours rose a strong 0.3 hours to 41.1 hours.
Average work week for all employees on non-farm payrolls rose to 34.5 hours.
Average hourly earnings for all employees on private nonfarm payrolls fell 1 cent to $24.30.
Average hourly earnings of private sector production and nonsupervisory employees fell cents to $20.47.

Here's what the seasonally adjusted job growth numbers have looked like in March for the previous 10 years.

March 2004: + 332,000
March 2005: + 134,000
March 2006: + 280,000
March 2007: + 188,000
March 2008: -    80,000
March 2009: -  826,000
March 2010: + 156,000  
March 2011: + 212,000
March 2012: + 243,000
March 2013: + 141,000  
March 2014: + 192,000

The BLS jobs report is the product of a pair of surveys, one of more than 410,000 business establishments called Current Employment Statistics, and one called the Current Population Survey, which questions 60,000 householders each month. The establishment survey determines how many new jobs were added. It is always calculated on a seasonally adjusted basis determined by a frequently tweaked formula.  The BLS report only provides a snapshot of what's happening at a single point in time.
It's important to understand that the jobs-created-last-month-numbers that it reports are not "real." Not because of a conspiracy, but because statisticians apply formulas to the raw data, estimate the number of jobs created by the "birth" and "death" of businesses, and use other filters to fine-tune the numbers. And, always good to remember, in the fine print, they tell us that the actual number of newly created jobs reported is actually plus or minus 100,000.

Originally posted to Daily Kos Labor on Fri Apr 04, 2014 at 06:01 AM PDT.

Also republished by Daily Kos.

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Comment Preferences

  •  Best President Ever. (6+ / 0-)

    "He went to Harvard, not Hogwarts." ~Wanda Sykes
    Teh Twitterz, I'z awn dem.
    Blessinz of teh Ceiling Cat be apwn yu, srsly.

    by OleHippieChick on Fri Apr 04, 2014 at 06:08:20 AM PDT

  •  If recent history is any guide, we're at most (8+ / 0-)

    three years from the next recession.

    Under current trends, it looks like we'll be going into it with at least 5% U3 to start, and a bunch of pent up demand not showing in the official number.

  •  In a reasonable economy, that would be good news, (7+ / 0-)

    except, of course, for this line:

    27 weeks and more: 3.74 million
    And that number doesn't include your basic ivy league graduate juggling multiple jobs to get by -

    http://finance.yahoo.com/...

    Still, better is better and that beats worse.

    LG: You know what? You got spunk. MR: Well, Yes... LG: I hate spunk!

    by dinotrac on Fri Apr 04, 2014 at 06:15:46 AM PDT

    •  The most recent (0+ / 0-)

      Unemployment number for ALL college grads just went up from 3.2% to 3.4%. Don't know where Yahoo finance found the Ivy League marketing grad who can't find work, but it wasn't easy. Perhaps they just wanted to show both sides of the unemployment picture..." see even guys like THIS are struggling in this economy." But it's statistically false. They should stick to telling the story of the high school grads or less who are actually starving. Of course those folks are not as likely to be reading the financial section.

      "Because we are all connected...."

      by Shawn87 on Fri Apr 04, 2014 at 02:31:42 PM PDT

      [ Parent ]

      •  What does "all college grads" mean, and where does (1+ / 0-)
        Recommended by:
        AlexDrew

        that number come from?

        I don't believe it for a minute.

        And, if you were paying any attention -- you would know that the guy in the article is not counted as unemployed.

        It's not "statistically false", whatever you think that means.

        LG: You know what? You got spunk. MR: Well, Yes... LG: I hate spunk!

        by dinotrac on Fri Apr 04, 2014 at 07:45:50 PM PDT

        [ Parent ]

  •  I think the hard winter probably had an impact (3+ / 0-)
    Recommended by:
    Delevie, whl, jck

    Things were so bleak for so long I think people just hunkered down. Otherwise, I suspect those numbers would have been even better.
    Hopefully we'll start to see things pick up in the next few months.

    Listening to Black Sabbath.

    by DuzT on Fri Apr 04, 2014 at 06:24:53 AM PDT

  •  BLS? (2+ / 0-)
    Recommended by:
    whl, jck

    Black Label Society?

    Black Light Syndrome?

    Legal means "good".
    [41984 | Feb 4, 2005]

    by xxdr zombiexx on Fri Apr 04, 2014 at 06:27:01 AM PDT

  •  The best proxy the BLS provides for an (6+ / 0-)

    actual breakdown by class-

    U3 for workers 25 and over by education

    Less than a high school diploma
    9.6

    High school graduates, no college
    6.3

    Some college or associate degree
    6.1

    Bachelor's degree and higher
    3.4

    Happy days are here again for the highly educated, as a group.  While given individuals in certain fields are undoubtedly suffering from trouble finding jobs despite being highly educated and that surely should not be discounted, we're not all living in the same country (barely on the same planet) when it comes to the labor market.

  •  thx for this - look forward to it each month (2+ / 0-)
    Recommended by:
    whl, Eric Nelson
  •  Republican response (4+ / 0-)
    Recommended by:
    whl, jck, TheLizardKing, Shawn87
    ...the overall job situation improved somewhat...
    NOOOOOOOO!

    I have been thinking that I would make a proposition to my Republican friends... that if they will stop telling lies about the Democrats, we will stop telling the truth about them. Adlai E. Stevenson

    by shoeless on Fri Apr 04, 2014 at 06:39:35 AM PDT

  •  Is that a "chop axe" graph? (1+ / 0-)
    Recommended by:
    jck

    The Bikini Graph was au courant for a time.

    Then, perhaps, came the Rising from the Ashes graph.

    Does that now total 8.8 million new jobs in 63 month, or almost 140,000 per month?

    We're all just working for Pharoah.

    by whl on Fri Apr 04, 2014 at 06:49:43 AM PDT

  •  About the Hamilton (3+ / 0-)
    Recommended by:
    HeyMikey, jck, YucatanMan
    All of these projections are based on expectations for population growth, assumptions of labor force participation rates for different demographic groups, and beliefs about what a normal labor market looks like—all of which are subject to change. For instance, the overall labor force participation rate in 2006 peaked at 66.4 percent, but in the late 1990s the labor force participation rate had reached over 67 percent. More recently, the recession resulted in sizable reductions in immigration and labor force participation rates. Why is this important? These projections depend on assumptions that may prove incorrect and such errors would naturally lead to changes in the actual labor force growth.

    hamilton

    they project a 125,000 per month normal labor force growth rate.  This is too low since their growth rates are skewed from the recession of 2000.

    Since the labor force participation rates declined so precipitously after the great recession it is very likely that these people will re-enter the job force.  This is not included in the Hamilton project numbers.

    As of February, our nation faces a jobs gap of 11.4 million jobs, 5.2 million from jobs lost since 2007, and another 6.1 million jobs that should have been created in the absence of the recession.
    If the labor force experiences a significant increase back to the 2000 level of participation (67%) and the unemployment rate returns to 4% from the current 6.7% it would take an additional 6.8 million jobs (participation rate) plus 3.9 million jobs (unemployment rate) at a net growth of 67,000 jobs per year (assuming 125,00 is the correct population growth figure) it will take an
    additional 13.3 years to "recover"

    Be the change that you want to see in the world

    by New Minas on Fri Apr 04, 2014 at 07:10:21 AM PDT

    •  you're looking at the right issues, but... (5+ / 0-)

      Yes, the figure of 125,000 per month for growth in the labor force is critical, and often overlooked. I wish the mass media would start focusing on that.

      Robert Reich uses "at least 125,000 per month," so that's not a crazy number: http://robertreich.org/...

      The Hamilton Project (at your link) projects that monthly number will decline to 90,000 by 2018, basically due to the accelerating retirment of the Baby Boomers.

      "The true strength of our nation comes not from the might of our arms or the scale of our wealth, but from the enduring power of our ideals." - Barack Obama

      by HeyMikey on Fri Apr 04, 2014 at 07:20:48 AM PDT

      [ Parent ]

      •  in 2000 (3+ / 0-)
        Recommended by:
        JesseCW, HeyMikey, YucatanMan

        the labor force grew by 3.2 million people, higher than any time since 1978 when women were entering the workforce.

        this was due to the economic expansion allowing many more people to enter the labor force that were previously not participating.

        even if the 125,000 figure is an ok figure for nominal growth rate (I think it is closer to 140,000) the simple fact is that the jump in participation rate in 2000 indicated that a 67% labor force participation rate was too low.  It should be closer to 70% maybe a little more.

        the monthly growth rate of labor force in 2000 was 267,000 workers entering the job market per month.

        Be the change that you want to see in the world

        by New Minas on Fri Apr 04, 2014 at 07:45:50 AM PDT

        [ Parent ]

        •  The Economic Policy Institute used 127,000... (5+ / 0-)

          ...until the 2010 Census. Then it started using 90,000.

          Don't tell me what you believe, show me what you do and I will tell you what you believe.

          by Meteor Blades on Fri Apr 04, 2014 at 08:15:56 AM PDT

          [ Parent ]

          •  The dark side of labor force participation... (1+ / 0-)
            Recommended by:
            YucatanMan

            A significant factor in the growth of the labor force participation rate due to women entering the workforce since the 1970s is that it's harder and harder for a couple with kids to get by on the earnings of one adult.

            E.g., in the 1970s and early 1980s my dad was a department manager in a Sears store--a respectable job, but not a glamorous one. My mom was able to stay home to look after me and my brother, and cook a delicious supper every night, and we lived in a 3-bedroom brick house in a nice neighborhood, with good public schools and about zero crime that I recall, and bought a brand new car every 3 or 4 years.

            Today my wife and I both have professional jobs (computer programmer, lawyer), and we are barely able to maintain a similar standard of living for our two kids. And our cars range in age from 7 to 22 years.

            "Marketplace" on public radio is running a series on food stamps. A couple nights ago they talked with a 21-year-old working at Walmart, earning $8.25 an hour, and his 52-year-old dad. The dad's first job had been in a GM plant, making over $9 an hour--nominal, not inflation-adjusted. In all likelihood the son is just not going to be able to support a family the way his dad did. So the son's life partner, if he gets one, will have to work--when/if she/he can find work.

            She/he will be doing her bit to drive up the labor force participation rate--whether she/he wants to or not.

            "The true strength of our nation comes not from the might of our arms or the scale of our wealth, but from the enduring power of our ideals." - Barack Obama

            by HeyMikey on Fri Apr 04, 2014 at 09:15:32 AM PDT

            [ Parent ]

          •  90,000 (2+ / 0-)
            Recommended by:
            HeyMikey, Meteor Blades

            is based on CBO projections of total average labor force growth rate through 2021

            CBO projections were based on BLS data

            These values are not specific to population growth but are current values based on economic climate.  

            There are so many people who are not in the labor force right now.  under regional full-employment programs we could easily have an 80% employment.  To get there the labor force would grow by over 300,000 per month for several years.

            Be the change that you want to see in the world

            by New Minas on Fri Apr 04, 2014 at 11:23:18 AM PDT

            [ Parent ]

  •  What impact immigration? (0+ / 0-)

    We have so many of us still looking for jobs, yet both sides of Congress and the White House want to open the borders.  Is this insane?

    The above report says 192,000 jobs created.  Immigration last year was 2 million.  Do the math, if immigrants are willing to work for less, that leaves a couple hundred thousand jobs for the 10 million of us out of work.  Open borders hurts American workers.

    •  Opening the borders may well create jobs (2+ / 0-)
      Recommended by:
      Aquarius40, Eric Nelson

      Or at least, move the off-the-books jobs onto the books. In any case, very few Americans are being put out of work by immigrants picking lettuce.

      And God said, "Let there be light"; and with a Big Bang, there was light. And God said "Ow! Ow My eyes!" and in a flash God separated light from darkness. "Whew! Now that's better. Now where was I. Oh yea . . ."

      by Pale Jenova on Fri Apr 04, 2014 at 07:30:24 AM PDT

      [ Parent ]

      •   I know quite few Americans who will (1+ / 0-)
        Recommended by:
        Pale Jenova

        happily work 16 hour days working in fields for a modest wage.

        I've done it, and was glad to have the work at 80-100 bucks a day in pocket in South Dakota in the late 80's early 90's.  That'd be about 150-175 today.  That was damn good money as a 14/15/16 year old kid.

        Came back to California, same work was paying 45-50 a day.  With a boss screaming at you instead of just paying you to get the field walked and leaving you to do it.

        Migrant workers are lucky now to make 75 a day in todays dollars.

        Let workers be free of the fear of deportation, and deny the ability of big planters to use the INS as their private strikebreakers, and I've little doubt wages will be that high or higher within a few years.

        When that happens, you'll see US Citizens going for those jobs.  There is no such thing as "a job Americans won't do", just jobs Americans won't do for what some bosses feel like paying.

  •  Talk about a long, lazy, meandering recovery (3+ / 0-)
    Recommended by:
    northerntier, jck, Eric Nelson

    We'll make it, but, crap.

    Damned austerians.

    And God said, "Let there be light"; and with a Big Bang, there was light. And God said "Ow! Ow My eyes!" and in a flash God separated light from darkness. "Whew! Now that's better. Now where was I. Oh yea . . ."

    by Pale Jenova on Fri Apr 04, 2014 at 07:26:14 AM PDT

  •  More Meh-conomics. (2+ / 0-)
    Recommended by:
    jck, Aquarius40

    Welcome to the New Meh-rmal.

  •  According to that second chart, the recession is (1+ / 0-)
    Recommended by:
    Eric Nelson

    almost over. It sure doesn't feel that way.

    •  When that upward line on the second chart... (5+ / 0-)

      ...finally crosses the 0% line, it just gets us back to where we where in December 2007. It fails to take into account the need to absorb new entries into labor force because of population growth.

      Don't tell me what you believe, show me what you do and I will tell you what you believe.

      by Meteor Blades on Fri Apr 04, 2014 at 08:17:59 AM PDT

      [ Parent ]

      •  Amen. (0+ / 0-)

        We'll still be about 7million jobs short of a decent labor market at that point.

        It appears the Hamilton project allows use of their jobs gap graph with appropriate credit.  Unless CR starts showing something similar it might be valuable to include their graph now that we are approaching a situation where we no longer have fewer jobs than when the recession began.

        Iron sharpens Iron. Normal is a dryer setting. STOP illegal immigration NOW! -- Make it LEGAL. If Corporations are People--Let's draft them.

        by benamery21 on Fri Apr 04, 2014 at 03:37:26 PM PDT

        [ Parent ]

  •  +55K Jobs:Month = Breaking Even (3+ / 0-)
    Recommended by:
    YucatanMan, Eric Nelson, bobswern

    Using that Hamilton Project Jobs Gap calculator it looks like adding 55 thousand jobs per month leaves employment exactly the same month after month (after an unexplained small initial drop).

    So while it is useful to consider the +192K:mo rate doesn't restore employment to the percentage before the Credit Crash until 2019, it's also meaningful to note that's about 3.5 times the breakeven rate. The labor rate could indeed be stagnating that badly, or worse. Instead it's regrowing at a significant multiple. The current rate also means that after 2019 we would continue to improve past the Credit Bubble peak, which would be an excellent development - even if we had to suffer through a decade.

    Really what's wrong is that we should have had a much bigger initial rebound from the crash. That's what a Big Stimulus probably would have done: kicked total employment back up to close to what it was before the 2008 death spiral. And then a slow growth above 55K:mo would have been acceptable, even if it weren't around 200K:mo.

    Such a recovery might even have featured overall wage growth in those jobs, instead of wage reductions that make the jobs growth hollow in the economy and in workers' lives.

    Instead we bailed out banksters and other too big to failures. Larry Summers and Tim Geithner didn't let Christina Romer even show Obama the big stimulus plan, instead making him choose between "far too small" and "not so small we'd collapse". The rest is how we're playing out the Great Recession, another decade like the 1930s, presided over by Fed Chair Ben Barnanke - who ruled over the peak of the bubble, its crash, and its labor-hostile recovery. After all, he was confirmed by the Senate as the world's expert on the causes and conditions of the Great Depression. And was renominated by the president reknowned as a Constitutional scholar. We are in the hands of experts.

    "When the going gets weird, the weird turn pro." - HST

    by DocGonzo on Fri Apr 04, 2014 at 08:04:09 AM PDT

  •  Professional unemployment number cruncher. (0+ / 0-)

    Actual results may vary.


    The next house I build will be a military industrial complex. It seems to be the only structure that is impervious to anything man, or nature, can throw at it.

    by glb3 on Fri Apr 04, 2014 at 09:13:18 AM PDT

  •  North Carolina lost more jobs than any state in... (0+ / 0-)

    the country due to companies shedding jobs by the hundreds, yet also had the unemployment rate drop as well...  How could this happen you ask??

    Liars figure, and figures lie...  

    Just ask all of the unemployed people that have stopped looking for those non existent jobs in NC and you'll learn how this state's Governor and his Little Rascals gang in the NC state legislature and senate government that lie to their gullible constituents on a daily basis about their "Carolina Comeback".

    Recovery in NC?

    Oh Hell, no.......  

    "North Carolina Had More Job Losses Than Any Other State"
    Wall Street Journal,  3/28/2014

    http://blogs.wsj.com/...

    “My soul is from elsewhere, I'm sure of that, and I intend to end up there." - Rumi

    by LamontCranston on Fri Apr 04, 2014 at 09:23:17 AM PDT

  •  Read the book which became the basis for the movie (0+ / 0-)

    by the former Secretary Of Labor under Clinton's administration Robert Reich titled "Aftershock".  Or better yet, watch the movie titled "Inequality For All" if you want to get another insightful and credible opinion as to what went wrong, and possibly how to remedy this current mess.

    “My soul is from elsewhere, I'm sure of that, and I intend to end up there." - Rumi

    by LamontCranston on Fri Apr 04, 2014 at 09:28:45 AM PDT

  •  This morning on NPR, someone made the claim (1+ / 0-)
    Recommended by:
    Eric Nelson

    that one more month of job numbers like these and we'd be back to the employments levels prior to the recession.

    I find that hard to believe, since as you remark, it appears it will take many more months -- half a decade -- to catch up to where we should be at this point.

    I wonder what kind of statistical weed they are smoking on NPR, but I don't believe their statement is correct.

    "The law is meant to be my servant and not my master, still less my torturer and my murderer." -- James Baldwin. July 11, 1966.

    by YucatanMan on Fri Apr 04, 2014 at 10:10:34 AM PDT

    •  If they mean the same number of people... (3+ / 0-)
      Recommended by:
      Eric Nelson, benamery21, YucatanMan

      ...employed as in December 2007, yes. But we won't certainly be at 4.9% official unemployment (U3) and we will not have absorbed in the labor force the population growth of the past 64 months. So, they have to define what they mean by "employment level."

      Don't tell me what you believe, show me what you do and I will tell you what you believe.

      by Meteor Blades on Fri Apr 04, 2014 at 12:11:53 PM PDT

      [ Parent ]

  •  So it's Nov. 2019 until pre-recession employment.. (1+ / 0-)
    Recommended by:
    benamery21

    ..levels is estimated to be reached again. 5 years

    So we get noisy and push on this:

     ♦ Stop cutting public workers jobs and re-hire:
     ♦ Stop the austerity nonsense:


    ♦ Add higher top marginal tax brackets back into the tax code:


     ♦ Make it plain what works during recessionary times and what doesn't
    ♦ Tout the benefits and support collective bargaining. Yes Koch bros., COLLECTIVE bargaining

    The number of officially unemployed Americans remained steady at 10.5 million. But there are the millions of discouraged workers not included in that count because they have left the workforce.
    In all these charts are answers to that 'official' unemployment number, but the GOP (Paul Ryan's latest budget) is geared to cut 5 $ trillion dollars out of the economy with zero specifics on what 'loopholes' he intends to close, while slashing S.S., Medicare, and every other social program,, and does not come close to working mathematically according to Jared Bernstein @ CBPP a day or two ago on MSNBC interview.

    At some point when driving with a forgotten parking brake left ON, it burns up causing damage to the brakes and can even ruin the brake drums or discs. Only the "conservatives" lock up the brake on purpose

    ..BUT eventually the power of the people (the engine in this wandering  analogy) Not corporate tycoons that win, and we move forward. So let's unlock the brake and make sure that people DO hear about solutions that work. And push it. (CPC's Better Off Budget - with many of the solutions within it)

    And fire those with their hands on the brakes - republicans

    Thx MB

    - I love charts. That's lots of political ammo to work with

  •  Question (0+ / 0-)

    If you were to go back and plot the depression on the jobs loss chart how would that compare to our current recession?

  •  job.?? (0+ / 0-)

    <<<<>>>>>>
    Hi ! I am Jenna, and i will be your personal coach and will guide you in starting with an online business and earning online... So if you are interested in making $90 hourly and up to $12000 a month then follow link at the bottom and sign up and you can have your first check by the end of this week...­­WORK71.C­­O­­M

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