logo-loader
viewProactive Group

US mining industry added 600 jobs in March for a fourth-straight month of gains

The number of US mining jobs increased by 600 in March for a total of 196,100, according to Bureau of Labor Statistics data

workers
March unemployment rate remained unchanged at 3.8%; 600 mining jobs added

Employment in the US mining industry, excluding oil and gas extraction, increased in March for a fourth-straight month, the Labor Department reported Friday.

The number of jobs in the sector rose by 600 from last month for a total of 196,100, according to Bureau of Labor Statistics data. And since March 2018, the sector has added more than 11,000 jobs.

Coal mining jobs rose by 100 to 52,700, but metal ore mining was unchanged at 41,100 jobs. Nonmetallic mineral mining and quarrying increased by 500 jobs to 102,300. Support activities payrolls, however, decreased by 200 to 361,200.

The oil and gas extraction sector saw a boost of 700 positions to 152,600.

US jobs reports shows big rebound in March payrolls following a dismal February

Non-farm payroll employment increased by 196,000 in March, compared with a consensus estimate of 170,000.

The unemployment rate remained unchanged at 3.8%. The government noted jobs gains in health care, professional and technical services.

The March job numbers mark a big rebound from last month when payrolls increased by a paltry 20,000 even though the unemployment rate fell -- the worst month for job creation since September 2017.

The consensus estimate called for 180,000 new jobs in February on the heels of 311,000 job gains in January.

Following the jobs report, the Dow Jones Industrial Average increased 29.45 points, or 0.11%, to 26,414.  

-- Updates with mining sector

-- Written by Patrick Graham --  

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: GlobeX Data looking to bring cyber security platform to...

GlobeX Data (OTCQB: SWISF- CSE: SWIS) President and CEO Alain Ghiai joined Steve Darling from Proactive Vancouver to discuss the company signing a deal with a conglomerate that represents some 2000 cybersecurity resellers in Latin and Central America. Ghiai telling Proactive this will see...

1 hour, 14 minutes ago

2 min read