Ïîïóëÿðíûå ñîîáùåíèÿ

пятница

As winter loosens its grip, employers are taking on more help.

Hotels, bars and restaurants added 33,000 workers, while retailers tacked on 21,000 jobs in March, the Labor Department said Friday. Economists say those increases suggest employers are growing more confident that Americans will be spending more this year.

"Consumers still have the wherewithal to make discretionary purchases and were just waiting for the snow to be plowed and the temperatures to rise to resume spending," IHS Global Insight chief U.S. economist Doug Handler wrote in his analysis.

The Labor Department report showed that all together, employers added 192,000 jobs in March.

That hiring boost encouraged people to resume their job hunts, pushing up the labor force participation rate to 63.2 percent, from 63 percent the previous month. With more people filling out job applications, there was no improvement in the unemployment rate. It held steady at 6.7 percent.

Still, that was a big improvement over last year's 7.6 percent.

This year's pace of hiring is "consistent with a moderately growing economy at present and a faster-growing economy later this year," Handler said.

The sense that the economy is thawing out after "a long, harsh winter" was echoed by Matthew Shay, who heads the National Retail Federation, a trade group for store owners. "Merchants are eager to move forward with their spring hiring and operational plans," he said in a statement.

The positive momentum also showed up in the construction sector, where employers added 19,000 jobs. Over the past year, construction employment has risen by 151,000.

That hiring helped March mark a milestone: private-sector employment returned to the pre-recession level of 2007.

Blog Archive