Employment growth nationwide has been slowing down for the last 2 years.

On March 7th the BLS announced that total nonfarm employment in the U.S. declined by 63,000 jobs in February, putting current employment only 0.6% higher than 12 months ago.

CNN reported this as Job losses: Worst in 5 years.

Here's how each industry sector performed:

• Total nonfarm grew 0.6% adding 810,000 jobs
• Natural resources and mining grew 4.6% adding 32,000 jobs
• Construction declined 3.3% losing 234,000 jobs
• Manufacturing declined 2.2% losing 299,000 jobs
• Wholesale trade grew 1.3% adding 79,900 jobs
• Retail trade declined 0.1% losing 20,800 jobs
• Transportation and warehousing grew 0.1% adding 6,300 jobs
• Information declined 0.7% losing 20,000 jobs
• Financial activities declined 1.4% losing 119,000 jobs
• Professional and business services grew 1.3% adding 221,000 jobs
• Educational services grew 3.0% adding 91,500 jobs
• Health care and social assistance grew 2.9% adding 444,800 jobs
• Leisure and hospitality grew 2.5% adding 319,000 jobs
• Government grew 1.1% adding 258,000 jobs

When job growth falls below 1.2% in 12 months, the workforce exceeds the available jobs.

By Mark Hovind and courtesy of CareerHub.com. The Career Hub blog connects job seekers with experts in career counseling, resume writing, personal branding and recruiting.