US private sector adds 201,000 jobs this month

Updated on: Friday, April 01, 2011

In signs of improving labour market, private companies in the US generated 201,000 new jobs in the month of March.
In recent months, employment situation has seen positive signs after the huge job losses post 2008 crisis.    
 
The ADP National Employment Report released today showed that private sector jobs jumped by 201,000 from February to March on a seasonally adjusted basis.
   
Going by the report, private non-farm payroll employment has accelerated in 2011.
   
"The average monthly increase in employment over the last four months – December through March – has been 211,000, consistent with a gradual if uneven decline in unemployment rate.
   
"This is almost three times the average monthly gain of 74,000 over the preceding four months of August through November," the report noted.
   
Employment in the services sector rose by 164,000 in March while that in the goods producing sector climbed by 37,000 during the same period.
   
Similarly, as many as 37,000 new jobs were created in the manufacturing sector this month.
  
The report is based on responses from an anonymous subset of about 500,000 US business clients.
 

More Education news

• Entrance exams to be time-bound
• IAF to select crew for India's 1st manned mission to space
• Kids dont give words special power to mark their worlds
• Faculty shortage in IITs
• Indian-origin scientist Ramakrishnan honoured with knighthood
• Education for special children has a long way to go, finds survey
• Admission process: Engineering aspirants get boost
• Controversy, scams bent the learning curve
• Good science is not possible without freedom of thought: Ramakrishnan
• Panels to monitor SSA
• DU may allow Pak student with poor attendance to take exam
• Direction to issue appointment letters within 6 weeks
• Indians in Malaysia urged to safeguard Tamil language
• JK govt to suspend principals of zero pass rate schools
• Decks clear for AMU Centre in Bihar
• MP medical admission scam: Guilty students to face action
• TN to recruit 7,000 teachers for govt schools-
• State common board to examine Samacheer kalvi syllabus
• Rs 151 crore sanctioned for DD Upadhyay College building
• Balaji Telefilms to sell education, mobile content biz for Rs 8.37 cr