Rental and Leasing Services Employment Falls by 1.6% in March

Total nonfarm payroll employment rose by 215,000 in March, and the unemployment rate was little changed at 5.0%, according to the U.S. Bureau of Labor Statistics. The unemployment rate and the number of unemployed persons (8 million) were little changed during the month, as both measures have shown little movement since August.

Employment rose in a number on industries including construction (37,000), health care (37,000) and financial services (15,000).

However, employment in manufacturing and mining declined by 29,000 and 12,000, respectively, while employment in transportation and business services changed little during the month. Additionally, employment in rental and leasing services fell by 1.6%.

Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.