Mexican Media Brands
Labor Dept. Trims March Jobs Level
The U.S. had 501,000 fewer nonfarm jobs in March than originally estimated, according to the Dept. of Labor.
#labor #economics #workforcedevelopment
Share
The U.S. had 501,000 fewer nonfarm jobs in March than originally estimated, according to the Dept. of Labor.
The adjustment was the sharpest downward revision since 2009, the Associated Press says. The department’s Bureau of Labor Statistics won’t issue final figures until next February.
BLS says the biggest downward adjustments for March were in leisure/hospitality (-175,000 jobs), professional and business services (-163,000) and retail trade (-146,000).
The transportation and warehousing sector was a bright spot. Jobs in that category were 79,000 greater than initially reported, according to the bureau.
RELATED CONTENT
-
on the Genesis GV60 interior, EV sales in H1, Bentley Bentayga's wood work, Faurecia's advanced manufacturing & more
The strange glowing orb in the Genesis GV60. . .global EV sales in the first half. . .creating wood for the Bentayga interior. . .the importance of material handling at Faurecia. . .lux ATPs. . .fast Porsche. . .fast Lambo. . .the Avalon Hybrid. . .Silverado steel. . .
-
Mazda, CARB and PSA North America: Car Talk
The Center for Automotive Research (CAR) Management Briefing Seminars, an annual event, was held last week in Traverse City, Michigan.
-
Tariffs on Autos: “No One Wins”
While talk of tariffs may make the president sound tough and which gives the talking heads on cable something to talk about, the impact of the potential 25 percent tariffs on vehicles imported to the U.S. could have some fairly significant consequences.