Among the highlights:
• Missouri nonfarm payroll employment increased this month
• The seasonally adjusted jobs estimate was 2,897,400, up by 4,700 from the revised February figure
• Seasonally adjusted jobs estimate was 2,898,600, down by 800 from the revised January figure
Since March 2018 of last year, Missouri's economy has averaged x,xxx new jobs each month
Over the past year, payroll employment has grown by 10,300 jobs
More information below on March's jobs report and how DED is working to create greater opportunities for Missourians to prosper.
What You Need To Know | March Jobs Report
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Clever Title About Wages Here
- Average hourly earnings increased by 3.4 percent in the past 12 months, matching the largest increase since 2009.
- This is the 7th straight month that wage gains were at or above 3 percent.
- Weekly average earnings also rose by 3.1 percent year over year.
- Wages are growing faster than inflation, meaning these wage increases are having a real impact on workers and their families.
- Based on today’s new numbers compared to inflation in recent months, it appears real wages have increased over the past year.
Clever Title About Wages Here
Unemployment is at 3.3 percent, marking the 32th consecutive month that unemployment has been lower than the U.S. rate.
This is the longest streak with unemployment at or below 4% in nearly 50 years.
The unemployment rate for Hispanic Americans fell to an all-time low of 4.3 percent
While the economy added 20,000 jobs in February, the economy has added more than 5.3 million jobs since the election.
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