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Employment and unemployment developments, March 2007.

Nonfarm payroll employment rose by 180,000 in March, and the unemployment rate was essentially unchanged at 4.4 percent. Employment increased in construction, retail trade, and health care. The number of manufacturing jobs continued to trend down. Average hourly earnings rose by 6 cents, or 0.3 percent, over the month.

Unemployment

In March, the number of unemployed persons (6.7 million) and the unemployment rate (4.4 percent) were essentially unchanged. The jobless rate has remained within a narrow range--4.4 to 4.6 percent--since September 2006. Over the month, the unemployment rate for most major worker groups--adult men (4.0 percent), adult women (3.8 percent), ...

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