Newsletter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 RSS Feeds
- China 
- Business 
- World 
- Sci-Edu 
- Culture/Life 
- Sports 
- Photos 
- Most Popular 
- FM Briefings 
 Search
 About China
- China at a glance
- China in brief 2004
- Chinese history
- Constitution
- Laws & regulations
- CPC & state organs
- Ethnic minorities
- Selected Works of Deng Xiaoping
English websites of Chinese embassies




Home >> Business
UPDATED: 11:10, April 07, 2007
U.S. jobless rate declines to 4.4 percent in March
font size    

U.S. non-farm sectors added 180,000 workers to their payrolls, bringing down the unemployment rate to a five-month low of 4.4 percent, the Labor Department reported on Friday.

The jobless rate has remained within a narrow range -- 4.4 percent to 4.6 percent -- since September 2006. The rate was 4.5 percent in February.

The March performance was stronger than economists had expected. They were forecasting that the economy would create around 135,000 new jobs and the unemployment rate would edge up to 4.6 percent.

In March, construction employment rose sharply, following a large decline in the prior month. Construction companies added 56,000 positions in the month, the most in just over a year.

A sizable gain in jobs was also recorded in general merchandise stores, and job growth continued in health care and in food services.

Manufacturing employment continued to go down over the month, marking the ninth consecutive month that the sector has reduced jobs. Factories cut 16,000 jobs in March.

Job gains in January and February turned out to be 162,000 and 113,000 respectively, stronger than the previously estimated 146,000 and 97,000.

Meanwhile, workers' wages grew modestly in March. Average hourly earnings rose to 17.22 dollars, showing a 0.3 percent gain from February. Over the last 12 months, wages have increased by 4 percent.

Source: Xinhua


Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this


   Recommendation
- Text Version
- RSS Feeds
- China Forum
- Newsletter
- People's Comment
- Most Popular
 Related News
Dic

Manufacturers, Exporters, Wholesalers - Global trade starts here.
Versions:
Copyright by People's Daily Online, all rights reserved