April 21, 2024 4:02 am
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National News

US Adds Over 300,000 Jobs in February

Credit: iStock

Staff Writer

On Friday, March 10, the Bureau of Labor Statistics published a report which included preliminary national unemployment numbers for February. The organization found that the national unemployment rate rose from 3.4 percent in January to 3.6 percent in February. 

As the unemployment rate rose, the nation’s total nonfarm payroll employment increased by  311,000 jobs. The largest gains were seen in the leisure and hospitality (+105,000), retail (+50,000), government (+46,000), professional and business services (+45,000), health care (+44,000), and construction (+24,000) sectors.

The full Bureau of Labor Statistics report can be found here

A Shrinking Job Market- State of Employment in MI

Data from the U.S. The Bureau of Labor Statistics provides insight into the scope of employment in Michigan. With information from as recently as January, 2024, we can compare Michigan’s employment turnover data with that of other states to get a better picture of how things stand here in the Great Lakes State.