The Labor Market Situation in March report showed that: 1) Payroll employment increased by 192,000 in March, meeting expectations. Private sector employment has surpassed pre-recession levels. 2) The unemployment rate remained flat at 6.7% in March while the employment rate ticked up, suggesting steady employment growth is keeping up with population growth. 3) Weather impacts from earlier months were reversed as hours worked returned to record high levels, and most indicators pointed to continued recovery in the labor market.