Logo
close

March Payroll Data Shows Largest Growth of Hiring in Healthcare Services

Here’s where the jobs are in one chart

CNBC

Job gains in the education and health services sector easily surpassed those in all other industries in March, while the manufacturing sector posted its first month-over-month decline since July 2017.

CNBC studied the net changes by industry for March jobs based on the data from the Labor Department contained in the jobs report released Friday. The government said the U.S. economy added 196,000 jobs last month, more than the 180,000 increase expected by economists polled by Refinitiv.

Education and health care alone added 70,000 jobs, with strong hiring in ambulatory care, hospitals, and nursing and residential care facilities. The professional and business services sector, which includes lawyers, accountants, and consultants, added to a consistent hot streak with a gain of 37,000 in March.

Leisure and hospitality had a healthy net job gain of 33,000, while construction also added to an extended hiring binge with a net gain of 16,000 positions.

The manufacturing industry, a priority for PresidentDonald Trump, saw its first decline since July 2017. The sector lost 6,000 jobs last month versus a January addition of 13,000 and February’s measly 1,000. Within the industry, employment in motor vehicles and parts declined in March by 6,000.

“Total nonfarm payroll employment increased by 196,000 in March, with notable gains in health care and in professional and technical services,” the Labor Department said in a release. “Employment growth averaged 180,000 per month in the first quarter of 2019, compared with 223,000 per month in 2018.”

Retail trade employment lost 11,700 jobs, and is the only sector in the economy that has lost positions over the last three years.

This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. If you are a resident of a U.S. state or a country that regulates the offer and sale of franchises, are receiving this message in one of those states or countries, or intend to operate a franchise in any of those states or countries, we will not offer you a franchise unless and until we have complied with any applicable pre-sale registration and/or disclosure requirements in the applicable jurisdiction. This offering is not an offering of a franchise. In New York (USA), an offering of a franchise can only be made by a prospectus that has been previously filed and registered with the Department of Law of the State of New York. The application for registration of an offering prospectus or the acceptance and filing thereof by the Department of Law as required by the New York law does not constitute approval of the offering or the sale of such franchise by the Department of Law or the attorney general of New York. OUR WEBSITE HAS NOT BEEN REVIEWED OR APPROVED BY THE CALIFORNIA DEPARTMENT OF BUSINESS OVERSIGHT. ANY COMPLAINTS CONCERNING THE CONTENT OF THIS WEBSITE MAY BE DIRECTED TO THE CALIFORNIA DEPARTMENT OF BUSINESS OVERSIGHT AT www.dbo.ca.gov [corp.ca.gov]. MN# 10196. Likewise, our website has not been reviewed or approved by any other federal or state governmental or regulatory agency (domestic or international)