Bureau of Labor Statistics Current Employment Statistics Highlights January 2010 Bureau of Labor Statistics February 5, 2010 Employment in total nonfarm 2000-2010 Seasonally adjusted in thousands 140,000 140,000 137,500 137,500 135,000 135,000 132,500 132,500 130,000 130,000 127,500 127,500 January 2010 125,000 125,000 Level: 129,527 Change: -20 122,500 122,500 120,000 120,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, February 5, 2010. Notes: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). NBER has not yet determined an endpoint for the recession that began in Dec. 2007. Most recent 2 months of data are preliminary. 1 Employment in total nonfarm Over-the-month change, 2008-10 Seasonally adjusted in thousands 150 64 0 -10 -150 -300 -20 -50 -33 -149 -150 -193-210 -231 -211-225-224 -334 -450 -600 -750 -347 -458 -344 -504 -554 -582 -673 -726 -728 -753 -779 -900 Source: Bureau of Labor Statistics, Current Employment Statistics survey, February 5, 2010. Note: Most recent 2 months of data are preliminary. 2 • Nonfarm payroll employment was essentially unchanged in January (-20,000). • Following steep job losses toward the end of 2008 and in the first quarter of 2009, job losses began to moderate. Over the past 3 months, nonfarm payroll employment has shown little net change. • Since the start of the recession in December 2007, job losses total 8.4 million. 2 Employment in total nonfarm Over-the-month change, January 2010 Seasonally adjusted in thousands Mining and logging 4 Construction -75 Manufacturing 11 Wholesale trade -9 Retail trade Transportation and warehousing Utilities 42 -19 Total nonfarm: -20 1 Information 0 Financial activities -16 Professional and business services 44 Education and health services 16 Leisure and hospitality -14 Other services 3 Government -8 -210 -180 -150 -120 -90 -60 -30 0 30 60 90 120 Source: Bureau of Labor Statistics, Current Employment Statistics survey, February 5, 2010. Note: Data are preliminary. 3 • Job losses continued in construction and in transportation and warehousing, while employment increased in professional and business services and in retail trade. 3 Average weekly hours, total private 2000-2010 35.0 Seasonally adjusted 35.0 All Employees Level: 33.9 34.5 34.5 Change: 0.1 34.0 34.0 33.5 33.5 Production Employees Level: 33.3 33.0 33.0 Change: 0.1 32.5 32.5 Source: Bureau of Labor Statistics, Current Employment Statistics survey, February 5, 2010. Notes: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). NBER has not yet determined an endpoint for the recession that began in Dec. 2007. Most recent 2 months of data are preliminary. 4 Over-the-year percent change in average hourly earnings 2000-2010 5.0 Seasonally adjusted 5.0 4.5 4.0 4.5 Production Employees 4.0 Percent change: 2.5 3.5 3.5 3.0 3.0 2.5 All Employees Percent Change: 2 2.0 2.5 2.0 1.5 1.5 1.0 1.0 Source: Bureau of Labor Statistics, Current Employment Statistics survey, February 5, 2010. Notes: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). NBER has not yet determined an endpoint for the recession that began in Dec. 2007. Most recent 2 months of data are preliminary. 6 • January marks the first official release of CES hours and earnings data for all employees in the private sector. Weekly hours increased for both all employees and production and nonsupervisory employees. • Average hourly earnings of all employees on private, nonfarm payrolls increased by 4 cents in January to $22.45. Hourly earnings of production and nonsupervisory employees were $18.89 in January. • Production and nonsupervisory employees include production employees in mining and logging and manufacturing, construction employees in construction, and nonsupervisory employees in the private service-providing industries. 4 Index of total private aggregate weekly hours of all employees 2006-2010 105 Seasonally adjusted, 2007=100 105 100 100 95 95 January 2010 Level: 90.9 90 90 Percent change: +0.2 85 85 Source: Bureau of Labor Statistics, Current Employment Statistics survey, February 5, 2010. Notes: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). NBER has not yet determined an endpoint for the recession that began in Dec. 2007. Most recent 2 months of data are preliminary. Aggregate weekly hours are the product of average weekly hours and employment. 5 Index of total private aggregate weekly payrolls of all employees 2006-2010 105 Seasonally adjusted, 2007=100 105 100 100 January 2010 95 Level: 97.4 95 Percent change: +0.5 90 90 Source: Bureau of Labor Statistics, Current Employment Statistics survey, February 5, 2010. Notes: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). NBER has not yet determined an endpoint for the recession that began in Dec. 2007. Most recent 2 months of data are preliminary. Aggregate weekly payrolls are the product of average hourly earnings, average weekly hours, and employment. 7 • The index of total private aggregate weekly hours rose by 0.2 percent in January and has been essentially flat over the past 5 months. • The index of total private aggregate weekly payrolls increased by 0.5 percent in January. Over the last 3 months, the index has trended up by 1.0 percent. 5 Employment in construction Over-the-month change, 2008-10 0 -30 Seasonally adjusted in thousands -24 -15 -28 -60 -32 -33 -59 -61 -52 -52 -70 -59 -64 -72 -80 -90 -92 -95 -120 -116 -150 -149 -71 -67 -75 -91 -114 -142 -153 -180 Source: Bureau of Labor Statistics, Current Employment Statistics survey, February 5, 2010. Note: Most recent 2 months of data are preliminary. 8 Employment in construction Over-the-month change, January 2010 Seasonally adjusted in thousands 10 0.0 0 -10 -8.8 -11.2 -12.1 -9.6 -9.8 -6.3 -20 -20.8 -30 -32.3 -40 -50 January 2010 -48.1 Prior 12-mo. avg. -60 Residential building Nonresidential building Heavy and civil engineering Residential specialty trades Nonresidential specialty trades Source: Bureau of Labor Statistics, Current Employment Statistics survey, February 5, 2010. Note: Data are preliminary. 9 • Construction shed 75,000 in January and has lost 1.9 million jobs since the current recession started in December 2007. • In 2008, the majority of the losses were in residential construction, while in 2009 nonresidential construction was weaker. That trend continued in January, as nonresidential specialty trades accounted for the bulk of the employment decline. 6 Employment in manufacturing Over-the-month change, 2008-10 50 Seasonally adjusted in thousands 11 0 -5 -50 -100 -150 -200 -30 -37 -27 -50 -43 -49 -72 -25 -23 -57 -48 -57 -93 -93 -130 -141 -177 -129 -149-152 -166-165 -250 -279 -300 -350 Source: Bureau of Labor Statistics, Current Employment Statistics survey, February 5, 2010. Note: Most recent 2 months of data are preliminary. 10 • Manufacturing employment showed little change in January. • In the second half of 2009, manufacturing lost an average 42,000 jobs per month – marked improvement compared to average monthly loss of 173,000 jobs in the first half of 2009. 7 Average weekly hours, manufacturing 2000-2010 43.0 42.5 42.0 41.5 Seasonally adjusted 43.0 42.5 Production Employees Level: 40.8 Change: 0.2 42.0 41.5 41.0 41.0 40.5 40.5 40.0 All Employees 40.0 39.5 Level: 39.9 39.5 39.0 Change: 0.3 39.0 38.5 38.5 38.0 38.0 Source: Bureau of Labor Statistics, Current Employment Statistics survey, February 5, 2010. Notes: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). NBER has not yet determined an endpoint for the recession that began in Dec. 2007. Most recent 2 months of data are preliminary. 11 • The factory workweek increased for all employees and for production and nonsupervisory employees in January. • The manufacturing workweek for all employees is shorter than the workweek for production and nonsupervisory employees. This contrasts with the total private sector, where all employees tend to have longer hours. • Since reaching a low point in March 2009, the manufacturing average workweek of all employees has increased by 1.2 hours, while the workweek for production and nonsupervisory employees has increased by 1.4 hours over the same period. 8 Employment in durable goods manufacturing Over-the-month change, January 2010 Seasonally adjusted in thousands Wood products -1 Nonmetallic mineral products -1 Primary metals 1 Fabricated metal products Durable goods: +13 0 Machinery 0 Computer and electronic products -4 Electrical equipment and appliances 1 Transportation equipment 19 Furniture and related products -4 Miscellaneous manufacturing 1 -10 -5 0 5 10 15 20 25 Source: Bureau of Labor Statistics, Current Employment Statistics survey, February 5, 2010. Note: Data are preliminary. 12 Employment in motor vehicles and parts Over-the-month change, 2008-10 50 Seasonally adjusted in thousands 37 40 30 10 -2 -3 -4 -20 -30 -40 -50 4 0 0 -10 23 17 20 -1 -8 -17 -20 -26 -14 -8 -11 -18 -24 -26 -37 -5 -2 -22 -31 -60 -70 -80 -80 -90 Source: Bureau of Labor Statistics, Current Employment Statistics survey, February 5, 2010. Note: Most recent 2 months of data are preliminary. 13 • Durable goods employment edged up by 13,000 in January. • Transportation equipment gained jobs in January as employment in motor vehicles and parts increased by 23,000. • Since July 2009, motor vehicles and parts employment had shown little change until January. 9 Employment in nondurable goods manufacturing Over-the-month change, January 2010 Seasonally adjusted in thousands Food manufacturing -6 Beverage and tobacco -1 Textile mills -2 Textile product mills 0 Nondurable goods: -2 Apparel 3 Leather products 0 Paper products 0 Printing -3 Petroleum and coal products 1 Chemicals 0 Plastics and rubber 6 -12 -8 -4 0 4 8 12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, February 5, 2010. Note: Data are preliminary. 14 • Employment in nondurable goods manufacturing was little changed in January. Since the start of the recession in December 2007, nondurable goods has lost 539,000 jobs. 10 Employment in retail trade Over-the-month change, 2008-10 70 Seasonally adjusted in thousands 42.1 50 30 8.8 10 -10 -2.4 -30 -50 -70 -90 -11.8 -34.6 -15.3 -22.2-24.4 -36.4 -42.0 -42.8 -48.3 -53.5 -66.4-67.5 -66.6 -78.9-80.2 -18.0 -63.0 -71.0-69.8 -87.4 -99.2 -110 -117.0 -130 Source: Bureau of Labor Statistics, Current Employment Statistics survey, February 5, 2010. Note: Most recent 2 months of data are preliminary. 15 Employment in retail trade industries Over-the-month change, January 2010 Seasonally adjusted in thousands Motor vehicle and parts dealers -1.8 Furniture and home furnishings stores -0.8 Electronics and appliance stores 4.7 Building material and garden supply stores -1.6 Food and beverage stores 14.3 Health and personal care stores 5.2 Retail trade: 42.1 Gasoline stations 0.7 Clothing and clothing accessories stores 13.3 Sporting goods, hobby, book, and music stores 2.9 General merchandise stores 9.8 Miscellaneous store retailers 1.6 Nonstore retailers -6.2 -30 -26 -22 -18 -14 -10 -6 -2 2 6 10 14 18 22 26 30 Source: Bureau of Labor Statistics, Current Employment Statistics survey, February 5, 2010. Note: Data are preliminary. 16 • Following 2 months of little net change, retail trade gained 42,000 jobs in January. Over the month, gains were spread throughout the component industries. • Since the start of the recession in December 2007, retail trade has shed nearly 1.2 million jobs. 11 Employment in selected transportation and warehousing industries Over-the-month change, January 2010 Seasonally adjusted in thousands Air transportation 1.5 Truck transportation 2.5 Transportation and warehousing: -19 Transit and ground passenger transportation 1.8 Support activities for transportation -0.7 Couriers and messengers -23.2 Warehousing and storage -0.4 -28 -24 -20 -16 -12 -8 -4 0 4 8 Source: Bureau of Labor Statistics, Current Employment Statistics survey, February 5, 2010. Note: Data are preliminary. 17 • Employment in transportation and warehousing fell by 19,000 in January, and the industry has lost 412,000 jobs since the start of the recession in December 2007. • Couriers and messengers lost 23,000 jobs in January, a significant drop for an industry that lost a total of 21,000 jobs in 2009. 12 Employment in financial activities Over-the-month change, 2008-10 20 Seasonally adjusted in thousands 10 -10 -20 2 0 0 -9 -10 -6 -7 -9 -17 -15 -12 -18 -23 -24 -30 -40 -50 -33 -29 -19 -16 -32 -31 -37 -42 -44 -55 -60 -51 -47 -70 Source: Bureau of Labor Statistics, Current Employment Statistics survey, February 5, 2010. Note: Most recent 2 months of data are preliminary. 18 • Financial activities employment edged down by 16,000 in January. • Job losses decelerated in financial activities throughout 2009, and the industry has shown little change in employment over the past 3 months. 13 Employment in professional and business services 2000-2010 19,000 Seasonally adjusted in thousands 19,000 18,000 18,000 17,000 17,000 16,000 16,000 January 2010 15,000 15,000 Level: 16,530 Change: +44 14,000 14,000 13,000 13,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, February 5, 2010. Notes: Shaded areas represent recessions as determined by the National Bureau of Economic Research (NBER). NBER has not yet determined an endpoint for the recession that began in Dec. 2007. Most recent 2 months of data are preliminary. 19 Employment in temporary help services Over-the-month change, 2008-10 120 Seasonally adjusted in thousands 95 100 80 59 60 42 40 52 20 0 -20 -40 -60 -80 -100 -11 -30 -26 -9 -13 -19 -32 -35 -37 -51 -16 -9 -34 -45 -50 -62 -63 -72 -61 -66 -91 -120 Source: Bureau of Labor Statistics, Current Employment Statistics survey, February 5, 2010. Note: Most recent 2 months of data are preliminary. 20 • Professional and businesses services has added 181,000 jobs since September 2009. • The majority of the gains have occurred in temporary help services, which has added nearly 250,000 jobs over the past 4 months. 14 Employment in selected health care industries Over-the-month change, January 2010 Seasonally adjusted in thousands Ambulatory health care Ambulatory health care services* services* 15.3 Offices of physicians 5.6 Outpatient care centers -0.2 Health care: +14.5 Home health care services 3.6 Hospitals Hospitals 5.0 Nursing and residential care and residential care facilities Nursing -5.8 -9 -6 -3 0 3 6 9 12 15 18 21 Source: Bureau of Labor Statistics, Current Employment Statistics survey, February 5, 2010. Note: Data are preliminary. * Includes additional component industries not shown separately. 21 • Health care employment continued to expand in January. The industry’s payroll employment has increased by 549,000 since the start of the recession. • Ambulatory health care services added 15,000 jobs, accounting for January’s job gain. 15
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