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Only 120,000 Jobs Created in March While Industrial Construction Starts Top $16.9 Billion


Industry Segment: Industrial Manufacturing | Word Count: 943 Words

SUGAR LAND-- April 9, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Since the beginning of the recession, approximately 5.3 million jobs have been lost. Recovering these jobs has been an almost herculean task that has been slow to develop. While the jobs were shed rapidly and in large numbers, they have been coming back slowly and in much smaller quantities. It has helped that industrial construction starts have been solid almost each and every month, but at the pace that jobs have been recovering it will be 2014 before all 5.3 million jobs are back on the market. In March the jobs continued their progress to total recovery, but at a slower pace than expected. Only 120,000 new jobs were created in March, which dropped the unemployment rate slightly, but industrial construction starts had another very solid month, topping $16.9 billion in the United States.

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