Good News? March 2024 Jobs Report

Good News??!! March’s monthly jobs report came through and it’s a good one. Job growth of 303,000. Here’s the actual report:

Main points: 303,000 job growth when they were expecting 200,000. Unemployment rate slightly down to 3.8%. Labor participation rate pretty much unchanged like it has been all year. Year on year wage growth at 4.1% which is above year on year inflation. So slowly catching up. So overall very good report.

Also, for those who say that these numbers are always revised down later on, January revised upward by 27,000 but February revised down by 5000. So overall job growth was 22,000 higher than previously reported. So I’m sure everyone here will be happy with this report. :roll_eyes:



Among the major worker groups, the unemployment rate for Blacks (6.4 percent) increased in

The number of long-term unemployed (those jobless for 27 weeks or more), at 1.2 million, was
little changed in March. The long-term unemployed accounted for 19.5 percent of all unemployed
people. (See table A-12.)

In March, employment in government increased by 71,000, higher than the average monthly gain
of 54,000 over the prior 12 months. Over the month, employment increased in local government
(+49,000) and federal government (+9,000).




Look! I can cherry pick too!

while the rates for Asians (2.5 percent) and Hispanics (4.5 percent) decreased

Health care added 72,000 jobs in March, above the average monthly gain of 60,000 over the
prior 12 months. In March, job growth continued in ambulatory health care services (+28,000),
hospitals (+27,000), and nursing and residential care facilities (+18,000).

Construction added 39,000 jobs in March, about double the average monthly gain of 19,000 over
the prior 12 months. Over the month, employment increased in nonresidential specialty trade
contractors (+16,000).

Employment in leisure and hospitality trended up in March (+49,000) and has returned to its
pre-pandemic February 2020 level. Over the prior 12 months, job growth in the industry had
averaged 37,000 per month.

Maids and construction guys?

Some of your cherries are rotten.


You’d rather see them jobless? That’s an interesting take.

Those are the only two options? That’s a dumbass take.

What’s the other option?

Come on man!

street level pharmacists don’t fill out a W4 but they have jobs

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It’s like it’s the 1980s again. The rhetoric is the same.

That’s only because we have Jimmy Carter 2 in the white house.

Oh I thought you meant “other options” being jobless or having a job.

Seems like you meant maid and construction. Of course those aren’t the only options for Hispanics or anyone. What a weird comment.

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except the Biden family isn’t into construction

Not exactly.

How old were you in the 80s?

And Jimmy Carter wasn’t a farmer.

Billy Beer didn’t sell as well as Hunter’s art

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What’s wrong with leisure and hospitality? Job growth there indicates that people are vacationing more. Which in turn means they have disposable income. That’s good.

Same with construction