Lewiston-Auburn Jobs Report

March 2024 Jobs Report

Jobs Added

Metro +400
  • Month Over Month: +0.8%
  • 3 Month Average: -400
  • Year Over Year: +1.0%
State +700
  • Month Over Month: +0.1%
  • 3 Month Average: 1,200
  • Year Over Year: +1.5%
National +303,000
  • Month Over Month: +0.2%
  • 3 Month Average: 276,333
  • Year Over Year: +1.9%

Unemployment Rate

Metro 3.7%
  • Month Over Month: +0.1%
  • 3 Month Average: 3.53%
  • Year Over Year: +0.6%
State 3.4%
  • Month Over Month: 0.0%
  • 3 Month Average: 3.4%
  • Year Over Year: +1.0%
National 3.8%
  • Month Over Month: -0.1%
  • 3 Month Average: 3.8%
  • Year Over Year: +0.3%

Jobs, wages, and participation rates all see March gains

The US job market showed another unexpectedly resilient month in March. The ongoing growth is a surprise to economic experts who continue predicting an impending labor market slowdown.

In addition to 303,000 jobs added – almost double what some expected – March saw changes in both wage growth and the labor force participation rate.

• March marked 39 consecutive months of job growth
• 26 consecutive months is the longest stretch in more than 50 years where the unemployment rate sat under 4%
• Labor force participation grew from 62.5% to 62.7%
• Wage growth grew to 0.3% – up from February’s 0.2%
• Healthcare, government, and leisure and hospitality industries helped drive March’s high numbers
• Construction jumped significantly in March: 39,000 jobs were added, while the average monthly gain from the past year is 19,000
• Leisure and hospitality, an industry significantly impacted by the COVID-19 pandemic, reached pre-pandemic employment levels for the first time

Seize today’s opportunities
Facing today’s resilient job market, employers need to understand how to take advantage of opportunities – sometimes even before they present themselves.

That’s where Adecco Analytics comes into play. At Adecco, we use the latest market analysis and research to drive our staffing solutions.

Learn more about our experience and tools supported by the Adecco Analytics team – or reach out today to discuss the power of data-led decisions.

Local Industry Job Growth from the B.L.S.

Finance & Insurance 0
  • From Last Month: 0.0%
  • 3 Month Average: 26
  • From Last Year: -1.5%
Accommodation & Food Services +400
  • From Last Month: +0.7%
  • 3 Month Average: 59
  • From Last Year: +0.2%
Manufacturing +100
  • From Last Month: +1.9%
  • 3 Month Average: 5
  • From Last Year: 0.0%
Retail Trade 0
  • From Last Month: 0.0%
  • 3 Month Average: 6
  • From Last Year: -3.4%
0
  • From Last Month: %
  • 3 Month Average: 0
  • From Last Year: %
Goods Producing +100
  • From Last Month: +1.2%
  • 3 Month Average: 8
  • From Last Year: 0.0%
Hospitals -100
  • From Last Month: -0.3%
  • 3 Month Average: 32
  • From Last Year: +3.5%
0
  • From Last Month: %
  • 3 Month Average: 0
  • From Last Year: %

U.S. Job Growth for All Sectors

Local Job Reports

BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.