Posted April 7, 2017

Small job gains in manufacturing and construction

Manufacturing and construction showed small jobs gains in March, as the unemployment rate declined to 4.5 percent.

Total nonfarm payroll employment edged up by 98,000.

Manufacturers added 11,000 jobs during the month, with all of those gains coming in the durable goods sector. Motor vehicles and parts manufacturers accounted for 3,000 of the new jobs.

Construction employment changed little in March (+6,000), following a gain of 59,000 in February. Employment in construction has been trending up since late last summer, largely among specialty trade contractors and in residential building

Mining added 11,000 jobs in March, with most of the gain occurring in support activities for mining (+9,000). Mining employment has risen by 35,000 since reaching a recent low in October 2016.

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