BLS: Employment up 313,000; unemployment rate unchanged

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The United States Department of Labor’s Bureau of Labor Statistics (BLS) has released its latest data showing an increase in employment across the country. Meanwhile, unemployment numbers remain stagnant.

On March 9, the BLS reported that nonfarm payroll employment increased by 313,000 in February of this year, while the unemployment rate was still at 4.1 percent. According to the agency, the areas of construction, retail trade, professional and business services, manufacturing, financial activities and mining all saw employment increases.

The report also detailed the number of long-term unemployed people, those who have been out of work for more than 27 weeks or just over half the year, had not changed. There were 1.4 million such individuals in February, accounting for 20.7 percent of the unemployed. Long-term unemployment was down by 369,000 over the past year.

Meanwhile, in the Stockton-Lodi market the unemployment rate was 7.0 percent in January, up from a revised 6.4 percent in December of 2016. In Modesto unemployment was at 7.4 percent, up from 6.8 percent.

Statewide, unemployment for the same period was at 4.6 percent.

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