3 Talking Points From the March 2014 Jobs Report

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CareerBuilder

If you live in a city like Chicago where the weather is constantly freezing and dreary in flux, your reaction to a sunny 40-degree day is, "Eh...it's not ideal, but we'll take it." That's the type of reaction economic experts had to the March jobs report released this morning by the U.S. Bureau of Labor Statistics, following the past few winter months that consistently fell short of expectations.

As you may know, following each month's jobs report, we read dozens of news reports, scour the Web, and break what we find down to three key talking points you can use. Whether you're taking a break at the office water cooler or conversing with peers in the industry, you'll have three conversation starters in your pocket.

HERE'S THE NEWS YOU CAN USE FROM TODAY'S RELEASE:

Eh...it's not ideal, but we'll take it.

U.S. employers added 192,000 jobs in March, which fell slightly short of the 200,000 jobs that some economists had expected. Meanwhile, the unemployment rate held steady at 6.7 percent. The interesting thing is that if we look at the private sector, the labor market is officially back to the pre-recession peak. In the words of a Columbia Business School professor, "This current jobs report doesn't move me in any significant way." Touché, sir.

These industries came out on top.

We're all winners here. Just kidding, THESE industries won the March jobs report: professional and business services, which went up by 57,000; restaurants and bars, which registered a jump of 30,000 jobs; as well as hiring improvements in construction, mining and logging, and health care.

> Top 10 Hiring

January and February employment numbers got a boost.

January's numbers were revised up 15,000 (from 129,000 to 144,000) and February's numbers were revised up 22,000 (from 175,000 to 197,000). That's significant. If you do the math, that's 37,000 MORE jobs than were previously reported, if you combine the two months. Those revisions bring the 3-month average to 178,000 jobs added in the first quarter of this year.

In case you're looking for handy, easily digestible charts from the just-released jobs report, Quartz has some with highlights.

Deanna Hartley is a senior copywriter and community manager on the creative services team at CareerBuilder, where she writes about issues that are top of mind for employers and recruiters – including talent acquisition, employee engagement and retention. An avid social media user, Deanna is the face behind @CBforEmployers on Twitter as well as CBforEmployers' Facebook and Instagram pages, so it's easy to stay connected with her. Prior to joining CareerBuilder, Deanna was a senior editor for the Human Capital Media Group, publishers of Talent Management, Chief Learning Officer, Diversity Executive and Workforce Management magazines. Deanna holds a master's degree from Northwestern University's Medill School of Journalism. She loves caffeine, social media, pop culture and dogs – though not necessarily in that order.

> Previous months' reports

March Was a Darn Good Jobs Report Any Way You Slice It

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