Daily News

View All News

US temp jobs rise, growth rate ticks up

April 05 2013

U.S. temporary employment jumped by 20,300 jobs in March, compared with the previous month, and the year-over-year growth rate ticked up, according to seasonally adjusted numbers released today by the U.S. Bureau of Labor Statistics. In addition, the number of temp jobs added in February was revised upward by 22,000 jobs.

Year-over-year growth in temp jobs had been decelerating since November. However, the number of temp jobs rose by 6.4 percent year over year in March, up from the 5.3 percent increase in February.

Further, the U.S. temp penetration rate rose to 1.94 percent in March from 1.93 percent in February.

However, the U.S. added fewer jobs overall in March than February. Total nonfarm employment rose by 88,000 jobs in March compared with an increase of 218,000 in February.

The U.S. unemployment rate still fell to 7.6 percent in March from 7.7 percent in February. The college-level unemployment rate, which can serve as a proxy for professional employment, was unchanged from February at 3.8 percent.

In other industries, construction added 18,000 jobs in March. The BLS reported construction has added 169,000 jobs since September. Healthcare also added jobs in March with a gain of 23,000. However, the retail trade industry shed 24,000 jobs in March.

Click on the chart below to enlarge.

Click on the chart below to enlarge.

Comments

Add New Comment

Post comment

NOTE: Links will not be clickable.
Security text:*