Current Employment Statistics Highlights November 2016
Transcript of Current Employment Statistics Highlights November 2016
January 2018
Release Date: February 2, 2018
Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey
U.S. Bureau of Labor Statistics
202-691-6555 Email CES
Contents
Summary
Mining & Logging
Construction
Manufacturing
Wholesale Trade
Retail Trade
Transportation, Warehousing, & Utilities
Information
Financial Activities
Professional & Business Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Current Employment Statistics Highlights
Detailed Industry Employment Analysis
Current Employment Statistics
Highlights
Current Employment Statistics Summary, January 2018
CES Highlights Release Date: February 2, 2018
+216,000. These monthly revisions reflect the
incorporation of additional sample, as well as
updated benchmarks, net birth-death factors,
and seasonal adjustment models.
+36,000 Construction
Construction employment rose by 36,000 in
January, with specialty trade contractors
accounting for 26,000 of the increase. Over
the past 12 months, construction has
added 226,000 jobs.
+35,000 Leisure and Hospitality
Employment in food services continued to
trend up in January (+31,000). Over the past
12 months, the industry added 255,000 jobs,
down from an increase of 312,000 over the
prior 12 months.
Nonfarm payroll employment increased by
200,000 in January. Employment continued to
trend up in construction, food services, health
care, and manufacturing.
Average hourly earnings of all employees
on private, nonfarm payrolls increased by 9
cents or 0.3 percent over the month. Hourly
earnings have risen 2.9 percent over the year.
Average weekly hours decreased 0.2 hour in
January.
In accordance with annual practice,
establishment survey data have been revised
to reflect comprehensive counts of payroll
jobs, or benchmarks, derived principally from
the Quarterly Census of Employment and
Wages, which enumerates jobs covered by
unemployment insurance tax records.
Nonfarm employment for March 2017 was
revised up by 138,000 on a not seasonally
adjusted basis. For an analysis of the
benchmark revisions, see
www.bls.gov/web/empsit/cesbmart.pdf.
The employment change for December
(seasonally adjusted) revised up from
+148,000 to +160,000, and the change for
November revised down from +252,000 to
211
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Jan-15 Jul-15 Jan-16 Jul-16 Jan-17 Jul-17 Jan-18
Over-the-month change Annual average
Bureau of Labor Statistics, Current Employment Statistics, February 02, 2018.Most recent 2 months of data are preliminary.
Over-the-month change, January 2015–January 2018Seasonally adjusted, in thousands
Employment in total nonfarm
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: February 2, 2018
+38,000 Education and Health Services
Health care employment continued to trend
up in January (+21,000). Over the past 12
months, employment in the industry has
increased by an average 25,000 per month,
down from 29,000 during the prior 12 months.
+15,000 Manufacturing
Over the month, manufacturing
employment continued to trend up (+15,000),
in line with the prior 12-month average
change. In January, a gain of 18,000 jobs was
widely distributed among durable goods
industries.
+15,000 Retail Trade
Within retail trade, clothing and clothing
accessories stores added 15,000 jobs in
January, mostly offsetting losses over the prior
2 months. Employment changed little over the
month elsewhere in retail trade.
+11,000 Transportation and Warehousing
Within transportation and warehousing,
couriers and messengers added 5,000 jobs in
January, consistent with trend over the
preceding 12 months.
+10,000 Wholesale Trade
Employment in wholesale trade continued
to edge up in January. The industry has added
an average 6,000 jobs per month over the past
12 months, compared to 2,000 per month
over the prior 12 months.
+23,000 Professional and Business Services
Employment in professional and business
services changed little over the past 3 months,
averaging +21,000 per month. Job growth in
the industry had averaged 38,000 per month
over the preceding 12 months.
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-20 -10 0 10 20 30 40 50
Government
Other services
Leisure and hospitality
Education and health services
Professional and business services
Financial activities
Information
Utilities
Transportation and warehousing
Retail trade
Wholesale trade
Manufacturing
Construction*
Mining and logging
Employment in total nonfarm
January 2018 Prior 12-month average
Over-the-month change, January 2018Seasonally adjusted, in thousands
Total nonfarm:200*
Bureau of Labor Statistics, Current Employment Statistics survey, February 02, 2018.
Data are preliminary.
* denotes significance
Current Employment Statistics Survey Summary, January 2018
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Employment in mining and logging grew
by 6,000 in January. Mining contributed
5,000 jobs.
Economic indicators continued to
suggest growth in the mining industry.
Domestic oil rigs numbered 939 in January,
up 1 percent from December. West Texas
Intermediate oil prices rose 12.4 percent
from the previous month to $64.22 per
barrel in January. Since reaching a trough
in October 2016, mining employment has
risen by 59,000.
500
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950
Jan-08 Jan-10 Jan-12 Jan-14 Jan-16 Jan-18
Employment in mining
January 2018 Level: 653OTM Change: 5
Bureau of Labor Statistics, Current Employment Statistics survey, February 02, 2018.
Shaded area represents recession as denoted by the National Bureau of Economic Research.
Most recent 2 months of data are preliminary.* denotes significance
January 2008–January 2018Seasonally adjusted, in thousands
Mining and Logging
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: February 2, 2018
Construction employment rose by 36,000 in
January. Specialty trade contractors led the
growth by adding 26,000 jobs, with a majority
being in residential specialty trade contractors
(+14,000). Construction has added 226,000
jobs over the past 12 months.
4,500
5,000
5,500
6,000
6,500
7,000
7,500
8,000
Jan-08 Jan-10 Jan-12 Jan-14 Jan-16 Jan-18
Employment in construction
January 2018 Level: 7,099OTM Change: 36*
Bureau of Labor Statistics, Current Employment Statistics survey, February 02, 2018.
Shaded area represents recession as denoted by the National Bureau of Economic Research.
Most recent 2 months of data are preliminary.* denotes significance
January 2008–January 2018Seasonally adjusted, in thousands
Construction
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: February 2, 2018
Employment in manufacturing continued to trend up in January
(+15,000), in line with the prior 12-month average. Over the past 12
months, the industry has added 186,000 jobs. In recent months, job gains
in durable goods manufacturing have driven employment gains in topside
manufacturing.
In January, durable goods manufacturing added 18,000 jobs, while
employment in nondurable goods changed little (-3,000). Within durable
goods, machinery (+5,000) and transportation equipment (+6,000)
accounted for roughly 62 percent of the over-the-month change.
Employment changes in most other component industries were close to
their prior 12-month averages.
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Jan-15 Jul-15 Jan-16 Jul-16 Jan-17 Jul-17 Jan-18
Over-the-month change Annual average
Bureau of Labor Statistics, Current Employment Statistics, February 02, 2018.Most recent 2 months of data are preliminary.
Over-the-month change, January 2015–January 2018Seasonally adjusted, in thousands
Employment in manufacturing
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Miscellaneous durable goods manufacturing
Furniture and related products
Transportation equipment
Electrical equipment and appliances
Computer and electronic products
Machinery
Fabricated metal products
Primary metals
Nonmetallic mineral products
Wood products
Employment in durable goods
January 2018 Prior 12-month average
Over-the-month change, January 2018Seasonally adjusted, in thousands
Durable goods:18*
Bureau of Labor Statistics, Current Employment Statistics survey, February 02, 2018.Data are preliminary.* denotes significance
Manufacturing
CES Highlights
Release Date: February 2, 2018
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Employment in wholesale trade edged up by 10,000 for the
third consecutive month in January. Over the most recent 12
months, the industry has added 74,000 jobs, three quarters of
which were added in durable goods (+56,000), similar to
employment trends in manufacturing.
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Jan-15 Jul-15 Jan-16 Jul-16 Jan-17 Jul-17 Jan-18
Employment in wholesale tradeOver-the-month change, January 2015–January 2018
Bureau of Labor Statistics, Current Employment Statistics survey, February 02, 2018.
Most recent 2 months of data are preliminary.
Seasonally adjusted, in thousands
Wholesale Trade
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: February 2, 2018
In January, employment changed little in retail trade (+15,000), partially
offsetting December’s employment decrease of 26,000. Holiday industries
experienced a smaller layoff in January due, in part, to a weaker buildup
during the holiday hiring season. The accompanying table shows the not-
seasonally adjusted employment build up and January layoff.
Employment in clothing and clothing accessories stores increased by
15,000 in January, offsetting the declines over the previous 2 months.
Since reaching a peak in February, employment in this industry has
dropped by 37,000, primarily in clothing stores.
Nearly all other retail industries experienced little employment change
in January.
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Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17 Jul-17 Jan-18
Employment in retail tradeOver-the-month change, January 2014–January 2018
Bureau of Labor Statistics, Current Employment Statistics survey, February 02, 2018. Most recent 2 months of data are preliminary.
Seasonally adjusted, in thousands
YEAR
HOLIDAY
BUILDUP
Oct. - Dec.
PERCENT
HOLIDAY
BUILDUP
JAN.JAN. LAYOFF AS
% OF BUILDUP
TOTAL
LAYOFF
LAYOFF AS
% OF
BUILDUP
2012-13 691 8.5 -525 -76 -730 106
2013-14 761 9.3 -577 -76 -802 105
2014-15 719 8.7 -554 -77 -744 104
2015-16 711 8.5 -517 -73 -692 97
2016-17 651 7.7 -456 -70 -691 106
Average 707 8.5 -526 -74 -732 104
2017-18 623 7.4 -493 -79
Note:
RETAIL TRADEHoliday Season Employment Buildup/Layoff
(unadjusted, in thousands)
Includes employment only from Furniture and home furnishings stores,
Electronics and appliance stores, Health and personal care stores,
Clothing and clothing accessories stores, Sporting goods, hobby, book,
and music stores, General merchandise stores, Miscellaneous store
retailers, and Nonstore retailers
Retail Trade
CES Highlights
Release Date: February 2, 2018
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Employment in transportation and
warehousing changed little in January
(+11,000), in line with the prior
12-month average change.
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Jan-15 Jul-15 Jan-16 Jul-16 Jan-17 Jul-17 Jan-18
Over-the-month change Annual average
Bureau of Labor Statistics, Current Employment Statistics, February 02, 2018.Most recent 2 months of data are preliminary.
Over-the-month change, January 2015–January 2018Seasonally adjusted, in thousands
Employment in transportation and warehousing
Transportation and Warehousing
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: February 2, 2018
In January, employment in utilities
changed little (-1,000). Since reaching a
peak in December 2016, employment
has edged down by 4,000.
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568
Jan-08 Jan-10 Jan-12 Jan-14 Jan-16 Jan-18
Employment in utilities
January 2018 Level: 553OTM Change: -1
Bureau of Labor Statistics, Current Employment Statistics survey, February 02, 2018.
Shaded area represents recession as denoted by the National Bureau of Economic Research.
Most recent 2 months of data are preliminary.* denotes significance
January 2008–January 2018Seasonally adjusted, in thousands
Utilities
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: February 2, 2018
Employment in information changed
little in January (-6,000), although
telecommunications lost 3,000 jobs. Since
the most recent employment peak in
October 2016, the information industry
has experienced consistent weakness,
with a total loss of 46,000 jobs. This
downturn has been driven by the
telecommunications industry, which
accounted for 60 percent of the jobs lost.
2,500
2,600
2,700
2,800
2,900
3,000
3,100
3,200
Jan-08 Jan-10 Jan-12 Jan-14 Jan-16 Jan-18
Employment in information
January 2018 Level: 2,773OTM Change: -6
Bureau of Labor Statistics, Current Employment Statistics survey, February 02, 2018.
Shaded area represents recession as denoted by the National Bureau of Economic Research.
Most recent 2 months of data are preliminary.* denotes significance
January 2008–January 2018Seasonally adjusted, in thousands
Information
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: February 2, 2018
Employment in financial activities
changed little in January (+9,000). A job
loss of 3,000 in commercial banking was
more than offset by small upward
movements in other component
industries.
Financial Activities
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: February 2, 2018
7,400
7,600
7,800
8,000
8,200
8,400
8,600
8,800
Jan-08 Jan-10 Jan-12 Jan-14 Jan-16 Jan-18
Employment in financial activities
January 2018 Level: 8,518OTM Change: 9
Bureau of Labor Statistics, Current Employment Statistics survey, February 02, 2018.
Shaded area represents recession as denoted by the National Bureau of Economic Research.
Most recent 2 months of data are preliminary.* denotes significance
January 2008–January 2018Seasonally adjusted, in thousands
Employment in professional and business services changed little in
January (+23,000). January’s employment change fell below the industry’s
prior-12 month average change (+38,000), as the three major component
industries also came in below their average changes.
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Employment in Professional and business services
Over-the-month change Annual average
Over-the-month change, January 2015–January 2018Seasaonally adjusted, in thousands
Jan-18: 23Prior-12: 38
Bureau of Labor Statistics, Current Employment Statistics survey, February 02, 2018Most recent 2 months of data are preliminary.* denotes significance
15
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Administrative and wasteservices
Management of companiesand enterprises
Professional and technicalservices
Employment in Professional and business services component industries
Over-the-month change Prior-3 mo. Avg. Prior-6 mo. Avg Prior-12 mo. Avg
Over-the-month change and prior averages, January 2018Seasonally adjusted, in thousands
Bureau of Labor Statistics, Current Employment Statistics survey, February 02, 2018Data are preliminary.* denotes significance
Professional and Business Services
CES Highlights
Release Date: February 2, 2018
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Employment in health care continued to trend up in January (+21,000),
in line with 2017’s average monthly change of 24,000 jobs, but weaker
than an average 31,000 jobs added per month in 2016.
In January, hospitals added 13,000 jobs and accounted for most of the
increase in health care employment. Over the last 3 months hospitals have
accounted for roughly 40 percent of a 74,000-job gain in health care. In
contrast, employment in offices of physicians changed little (+6,000) over
the same 3 months, representing a slowdown in job growth in this
industry.
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Jan-15 Jul-15 Jan-16 Jul-16 Jan-17 Jul-17 Jan-18
Over-the-month change Annual average
Bureau of Labor Statistics, Current Employment Statistics, February 02, 2018.Most recent 2 months of data are preliminary.
Over-the-month change, January 2015–January 2018Seasonally adjusted, in thousands
Employment in health care
0
13
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Nursing and residential care
Hospitals*
- Home health care services
- Outpatient care centers
- Offices of physicians
Ambulatory health care services¹
Employment in selected health care industries
January 2018 Prior 12-month average
Over-the-month change, January 2018Seasonally adjusted, in thousands
Health care industries:
21
Bureau of Labor Statistics, Current Employment Statistics survey, February 02, 2018.
Data are preliminary.
¹ Includes additional component industries not shown separately.* denotes significance
Private Education and Health Services
CES Highlights
Release Date: February 2, 2018
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Within leisure and hospitality,
employment in food services and drinking
places continued to trend up in January
(+31,000). In 2017, this industry added an
average 22,000 jobs per month, for a total job
gain of 263,000.
21
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Jan-15 Jul-15 Jan-16 Jul-16 Jan-17 Jul-17 Jan-18
Employment in food services and drinking placesOver-the-month change, January 2015–January 2018
Bureau of Labor Statistics, Current Employment Statistics survey, February 02, 2018.
Most recent 2 months of data are preliminary.
Seasonally adjusted, in thousands
Leisure and Hospitality
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: February 2, 2018
Employment in other services
changed little in January (+6,000). Over
the most recent 12 months, however,
the industry has added 102,000 jobs.
Personal and laundry services accounted
for 52 percent of the jobs gains over this
period.
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10
15
20
25
Jan-15 Jul-15 Jan-16 Jul-16 Jan-17 Jul-17 Jan-18
Employment in other servicesOver-the-month change, January 2015–January 2018
Bureau of Labor Statistics, Current Employment Statistics survey, February 02, 2018.
Most recent 2 months of data are preliminary.
Seasonally adjusted, in thousands
Other Services
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: February 2, 2018
Employment in government was flat
in January (+4,000). Federal employment
increased by 5,000, and the U. S. Postal
Service accounted for half of this gain.
State government (-11,000) and local
government (+10,000) employment also
changed little over the month.
Government employment has shown
essentially no change since July 2016.
21,400
21,600
21,800
22,000
22,200
22,400
22,600
22,800
23,000
23,200
23,400
Jan-08 Jan-10 Jan-12 Jan-14 Jan-16 Jan-18
Employment in government January 2018 Level: 22,328OTM Change: 4
Bureau of Labor Statistics, Current Employment Statistics survey, February 02, 2018.
Shaded area represents recession as denoted by the National Bureau of Economic Research.
Most recent 2 months of data are preliminary.* denotes significance
January 2008–January 2018Seasonally adjusted, in thousands
Government
Summary Mining & Logging
Construction Manufacturing Trade:
Wholesale Retail
Transp., Warehousing
& Utilities Information
Financial Activities
Professional & Business
Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: February 2, 2018
Prepared by Staff of the National Estimates Branch Current Employment Statistics Survey U.S. Bureau of Labor Statistics 202-691-6555 Email CES
CES Analysts
Michael Calvillo
Wander Cedeño
Steve Crestol
Tyler Downing
Brittney Forbes
Mike McCall
John Mullins
Michael Osifalujo
Edward Park
Current Employment Statistics Highlights
Detailed Industry Employment Analysis