Job Market Statistics
The Job Market Today - Headlines                             

United States Data:
Unemployment Rate:  5.7%  March 2004
Number of Unemployed Persons:  8.3 million March 2004; 8.2 million February 2004
Payroll Employment:  +308,000 March 2004, +71K Construction, +47K Retail, +42K Business/Prof. Svcs, +36K Healthcare, +31K Government, +27K Leisure/Hospitality

Total Employment:  138.3 million March 2004; February unchanged (Household data)
Not in Labor Force:  75.9 million March 2004; February unchanged (Household data)

Average Workweek:  33.7 hours, Mfg:  40.6 hours


Change Notes:  Two surveys are used by US Dept. of Labor for determining unemployment: Household and Establishment Surveys.
Household surveys show a decrease of 3000 jobs in March,
while Establishment surveys show an increase of 308,000 jobs in March

The error range for job forecasting is +/- 290,000 based on US Dept. of Labor, Bureau of Labor Statistics.


Latest Poll:

Do you believe the job market will be improving in Q1 of 2004?

Yes. Absolutely
No. Don't see improvement
Maybe in certain sectors


Votes so far: 44
Unemployment Graph
Distribution - Duration of unemployment
Unemployed workers (in thousands)
Job Market Details - NY Times










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