Monday, March 13, 2017
Next Job For Trump Will Be The Labor Force Participation
Wage pressure remains muted. Average hourly earnings rose 6 cents and 2.8 percent on an annualized basis. The average work week in the private sector was unchanged at 34.4 hours.
January’s employment was revised upward to 238,000 from the earlier read of 227,000.
The employment gains were broad based, occurring in construction, private sector educational services, manufacturing, health care and mining. The jobless rate for adult men and women was 4.3 percent. The labor force participation rate, at 63.0 percent was close to unchanged.