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Bureau of Labor: Private sector jobs on the rise
By Jim Hagerty
Private-sector jobs are on the rise, according to March unemployment reports released Friday, April 4.
According to the report, private employers added 192,000 jobs across the country last month, inching non-government payrolls back to to where they were before the start of the Great Recession.
“The private sector lost 8.8 million jobs during the labor market downturn and has gained 8.9 million since the employment low in February 2010,” said Erica L. Groshen, the commissioner of the Bureau of Labor Statistics.
Even with last month’s positive numbers, Groshen said the unemployment rate is still more than something to contend with. As of March 2014, the national jobless rate was almost 7 percent.
Officials say the number of those looking for work continues to rise, causing a number of private- and public-sector employers to create millions of positions to accommodate the influx.
Last month’s totals included 3,300 jobs in the trucking industry, 19,000 construction jobs, 21,300 positions in retail, 57,000 jobs in professional and business services, 34,000 jobs in education and 29,000 jobs in the leisure and hospitality industry.
Among the major worker groups, the unemployment rate for adult women increased to 6.2 percent while rate for adult men decrease to 6.2 percent. Teens accounted for the largest group last month, a 20.9 percent unemployment rate.