Local labor market conditions remain quite strong despite reports of massive layoffs occurring on the National front.
Unemployment remains among historic lows.
The workforce continues to expand, as does the number of individuals counted as employed. Recently, the Federal Reserve surprised markets with its fourth cut in short-term interest rates this year. Nonagricultural Job Count stood at 1,218,600 and reflected the highest count on record for the month of March. March marks the 10th month in a row that the manufacturing sector posted a year to year decrease in job count. 1 Unemployment rates listed above are not seasonally adjusted , except for the USA rate.