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Job Growth Slows, Unemployment Rate Drops to 8.2%

Nonfarm payroll employment rose by 120,000 in March, and the unemployment rate dropped to 8.2% from 8.3%, the U.S. Bureau of Labor Statistics reported today. Employment rose in manufacturing, food services and drinking places, and health care, but was down in retail trade.

Manufacturing employment rose by 37,000 in March, with gains in motor vehicles and parts (+12,000), machinery (+7,000), fabricated metals (+5,000), and paper manufacturing (+3,000). Factory employment has risen by 470,000 since a recent low point in January 2010.

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Valve Magazine Digital Edition

15 WNT CVR 160x214Inside the Winter 2015 issue…

• Your Control Systems Are at Risk!
• Building a Better Workforce
• Focus on the Offshore Market
• Forgings: Quality with a Cost

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