2018年4月美国人才市场月刊（英文版）_2页_510kb

U.S. Talent Market Monthly Summary

Core Content Overview

The U.S. labor market showed a slight cooling in March, with employment gains below expectations, but overall remained strong for the first quarter of 2018. The unemployment rate remained stable at 4.1%, consistent with the previous six months, indicating continued labor market tightness. Average hourly earnings increased by 2.7% compared to the same period last year, reflecting ongoing wage growth. Employers added 103,000 workers in March, which is a notable slowdown following the strong 326,000 job gains in February.

Main Points and Key Information

• Employment Growth in March:

  • Employers added 103,000 workers, which is about half of the consensus expectations.
  • The first quarter of 2018 saw an average of 202,000 jobs added per month, slightly faster than the 182,000 average in 2017.
  • The total non-farm employment growth for March was 103,000, with private sector employment growth also at 102,000.

• Labor Market Trends:

  • The unemployment rate remained at 4.1% for the sixth consecutive month.
  • The labor force participation rate edged down slightly to 62.9%, with a small decline in the size of the labor force.
  • The labor market is still tight, with demand from professional services, manufacturing, and healthcare sectors.
  • Mid-sized companies showed strong hiring momentum, as suggested by the ADP employment report.

• Sector-Specific Employment Growth:

  • Professional and business services led the employment gains in March, with an increase of 33,000 workers.
  • Healthcare continued its upward trend, adding 22,000 jobs.
  • Manufacturing maintained its strong performance, adding 22,000 workers in March and averaging 27,000 per month since October.

• Wage Growth:

  • Average hourly earnings rose to $26.82, up 2.7% from the same period in 2017.
  • This is slightly higher than the 2.6% increase in February.

Working in Retirement

• Global Perspective:

  • A majority of workers (57%) globally expect to continue working in retirement.
  • Only 33% say they will stop working immediately upon reaching retirement age.

• U.S. Trends:

  • Nearly 29% of U.S. workers plan to work until 70 or older, with 3% indicating they never plan to retire.
  • 56% of workers cite the desire to stay active or keep their minds sharp as a reason for working in retirement.
  • 38% enjoy their work and want to continue doing so.
  • 73% of workers globally say that financial concerns are the key reason for working in retirement.

• Employment Rates for Older Workers:

  • In 2017, 31% of people aged 65 to 69 in the U.S. were still working, up from 24% in 2000.
  • Among Americans aged 70 to 74, 19% were employed in 2017, compared to 13% in 2000.

Summary Table

Conclusion

Despite a slowdown in March, the U.S. labor market remains robust, with employment growth continuing to outpace that of previous years. The persistent low unemployment rate and rising wage growth signal a tight labor market, driven by strong demand in key sectors. Simultaneously, the trend of working in retirement is on the rise, with significant numbers of older workers staying in the workforce due to financial and personal motivations.