Bureau of Labor Statistics Current Employment Statistics Highlights August 2012 Bureau of Labor Statistics September 7, 2012 Employment in total nonfarm January 2000–August 2012 Seasonally adjusted, in thousands 140,000 August 2012 Level: 133,300 Change: 96 138,000 136,000 134,000 132,000 130,000 128,000 126,000 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. Employment in total nonfarm Over-the-month change, January 2008–August 2012 Seasonally adjusted, in thousands 800 220 246 251 54 84 96 85 121 120 110 41 200 220 189 239 400 202 112 157 223 275 259 143 68 87 45 141 96 516 600 -803 -800 -1,000 -58 -51 -27 -167 -40 -35 -171 -339 -231 -199 -202 -818 -724 -799 -692 -661 -600 -482 -432 -489 -400 -361 -208 -190 -198 -210 -274 -84 -95 -42 0 -200 -1,200 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Most recent 2 months of data are preliminary. Total nonfarm employment rose by 96,000 in August. Since the beginning of the year, job growth has averaged 139,000 per month, compared with an average monthly gain of 153,000 in 2011. 2 Employment in total nonfarm Total nonfarm: 96 Over-the-month change, August 2012 Seasonally adjusted, in thousands Mining and logging -2 Construction 1 Manufacturing -15 Wholesale trade 8 Retail trade 6 Transportation and warehousing 6 Utilities 9 Information 3 Financial activities 7 Professional and business services 28 Education and health services 22 Leisure and hospitality 34 Other services -4 Government -7 -30 -20 -10 0 10 20 30 40 50 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Note: Data are preliminary. Employment in total nonfarm 30–month change, August 2012 February 2010 – August 2012, net change Seasonally adjusted, in thousands Total Private: 4628 Mining and logging 163 Construction -14 Manufacturing 508 Wholesale trade 202.5 Retail trade 357.2 Transportation and warehousing 241.7 Utilities 11.7 Information -94 Financial activities 82 1416 Leisure and hospitality 735 Other services 57 Government -571 -1,000 -500 Professional and business services Education and health services 961 -1,500 Total Nonfarm: Total nonfarm: 4056 96 0 500 1,000 1,500 2,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Note: Data are preliminary. In August, employment rose in food services and drinking places, in professional and business services, and in health care, but changed little in most other major industries over the month. Since an employment trough in February 2010, most nonfarm job gains have come in professional and business services, education and health services, and leisure and hospitality. 3 Employment in total private Over-the-month change, January 2008–August 2012 Seasonally adjusted, in thousands 600 141 193 84 92 92 128 115 196 134 140 119 257 261 264 108 102 175 52 216 139 178 234 277 254 147 85 116 63 162 103 400 41 200 -1,000 -296 -219 -184 -232 -312 -725 -787 -802 -797 -800 -839 -658 -600 -426 -425 -480 -400 -136 -112 -215 -216 -231 -259 -294 -200 -42 -120 -40 -27 0 -1,200 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Most recent 2 months of data are preliminary. Total private employment grew by 103,000 in August, bringing the year-to-date gain to 1.2 million. Since reaching an employment trough in February 2010, private industry has added 4.6 million jobs, for a gain of 4.3 percent. 4 Average weekly hours, total private January 2000–August 2012 Seasonally adjusted 35.0 All employees Level: 34.4 Change: 0.0 34.5 34.0 33.5 Production employees Level: 33.7 Change: 0.0 33.0 32.5 32.0 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. Index of aggregate weekly hours Total private, all employees March 2006–August 2012 104 Seasonally adjusted, 2007=100 102 100 98 96 94 August 2012 Level: 96.0 Change: 0.1% 92 90 88 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Most recent 2 months of data are preliminary. Average weekly hours for all employees on private nonfarm payrolls was unchanged at 34.4 hours in August. The August workweek was 0.6 hour above the October 2009 trough. At 33.7 hours, the average workweek for production and nonsupervisory employees on private nonfarm payrolls was also unchanged in August. The index of aggregate weekly hours for all employees rose 0.1 percent in August. Since reaching a trough in October 2009, the index has risen 6 percentage points. 5 Average hourly earnings, all employees, and CPI–U* March 2007–August 2012 Seasonally adjusted 6.0 August 2012 Earnings: 1.7 July 2012 CPI-U: 1.4 Over-the-year percent change 5.0 4.0 3.0 2.0 1.0 0.0 -1.0 -2.0 Total private earnings CPI–U -3.0 Mar-07 Sep-07 Mar-08 Sep-08 Mar-09 Sep-09 Mar-10 Sep-10 Mar-11 Sep-11 Mar-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Most recent 2 months of data are preliminary. * 1982–84=100 Average hourly earnings of all employees on private nonfarm payrolls edged down by 1 cent in August to $23.52. Over the past 12 months, average hourly earnings have increased by 1.7 percent. In July, the Consumer Price Index for All Urban Consumers (CPI-U) had increased by 1.4 percent over the year. 6 Employment in mining and logging January 2000–August 2012 Seasonally adjusted, in thousands 900 850 800 750 700 650 600 August 2012 Level: 838 Change: -2 550 500 450 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. Mining and logging employment edged down by 2,000 in August. Since February 2012, employment in the industry has shown little net change. 7 Employment in construction Over-the-month change, January 2008–August 2012 Seasonally adjusted, in thousands 100 4 0 1 -32 -1 -14 -7 1 -9 -3 -10 -11 -11 -21 -19 -11 -16 -41 -30 -33 -153 -144 -105 -147 -155 -150 -110 -100 -61 -64 -57 -87 -82 -79 -71 -58 -49 -66 -55 -46 -73 -77 -70 -46 -34 -9 -1 0 -50 26 18 30 7 7 7 3 13 20 23 33 50 -200 -250 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Most recent 2 months of data are preliminary. Construction employment was essentially unchanged in August. Since reaching an employment trough in January 2011, the industry has added an average of 3,000 jobs per month. 8 Employment in manufacturing Over-the-month change, January 2008–August 2012 Seasonally adjusted, in thousands 200 -179 -200 52 30 42 10 13 7 23 28 9 -15 -3 3 52 37 26 28 8 12 30 3 -17 -297 -300 -166 -172 -179 -167 -143 -130 -114 -61 -41 -44 -49 -34 -30 -20 -28 -39 -56 -31 -59 -75 -79 -84 -100 -8 0 2 0 9 15 4 8 32 34 10 20 100 -400 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Most recent 2 months of data are preliminary. Employment in durable goods Over-the-month change, August 2012 Durable goods: -17 Seasonally adjusted, in thousands -1.4 Wood products -1.3 Nonmetallic mineral products Primary metals -2.6 Fabricated metal products -3.1 Machinery 1.7 Computer and electronic products -1.8 Electrical equipment and appliances -1.3 Transportation equipment -8.2 Furniture and related products 1.6 Miscellaneous manufacturing -0.5 -12 -10 -8 -6 -4 -2 0 2 4 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Note: Data are preliminary. Manufacturing employment edged down by 15,000 in August; however, since reaching an employment trough in January 2010, the industry has added 512,000 jobs. A decline in motor vehicles and parts (-8,000) partially offset a gain in July. Auto manufacturers laid off fewer workers for factory retooling than usual in July, and therefore fewer workers than usual were recalled in August. The average monthly employment change for July and August is in line with the recent trend. 9 Average weekly hours, manufacturing January 2000–August 2012 Seasonally adjusted 42.5 Production employees Level: 41.5 Change: -0.1 42.0 41.5 41.0 40.5 40.0 39.5 All employees Level: 40.5 Change: -0.2 39.0 38.5 38.0 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. The manufacturing workweek for all employees declined by 0.2 hour to 40.5 hours, and factory overtime was unchanged at 3.2 hours. The manufacturing workweek for production employees declined by 0.1 hour to 41.5 hours, and factory overtime for production employees also decline by 0.1 hour to 4.1 hours. 10 Employment in retail trade Over-the-month change, January 2008–August 2012 Seasonally adjusted, in thousands 150 6 24 6 -9 -2 34 25 -15 -15 -4 -5 7 14 12 16 27 37 5 8 20 13 3 14 5 3 -11 -11 -27 -46 -35 -8 -23 -61 -94 -132 -99 -99 -100 -71 -71 -45 -52 -47 -43 -60 -68 -52 -23 -43 -50 -12 1 0 12 32 10 25 50 37 67 100 -150 -200 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Most recent 2 months of data are preliminary. Employment in retail trade edged up by 6,000 in August. Retail employment has changed little in 2012, compared to an average gain of 18,000 jobs per month in 2011. 11 Employment in financial activities Over-the-month change, January 2008–August 2012 Seasonally adjusted, in thousands 7 13 11 3 6 11 5 5 3 5 7 8 5 6 8 3 1 1 2 8 14 20 14 40 -28 -25 -2 -6 -4 -13 -3 -4 -6 -5 -4 -12 -11 -8 -14 -9 -15 -40 -52 -60 -49 -53 -34 -33 -37 -45 -40 -25 -11 -4 -14 -17 -13 -16 -20 -11 -5 0 -80 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Most recent 2 months of data are preliminary. Employment in financial activities changed little over the month. Within financial activities, finance and insurance added 11,000 jobs in August, marking that industry’s largest over-the-month change since September 2010. 12 Employment in professional and business services Over-the-month change, January 2008–August 2012 Seasonally adjusted, in thousands 28 45 5 18 41 47 72 79 89 18 41 39 39 40 59 88 8 -3 -64 -100 -144 -184 -184 -200 -133 -148 -116 -120 -150 50 56 46 49 23 55 45 79 32 56 44 -31 -22 -41 -61 -71 -70 -100 -68 -63 -50 -40 -1 0 0 1 8 14 29 50 67 100 79 82 150 -250 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Most recent 2 months of data are preliminary. Professional and business services added 28,000 jobs in August. Since February 2012, professional and business services has averaged 33,000 jobs added per month. 13 Employment in selected professional and business services Professional and business services: 28 Over-the-month change, August 2012 Seasonally adjusted, in thousands Professional and technical˚ 26.8 - Accounting and bookkeeping 3.5 - Architectural and engineering 3.8 - Computer systems design 10.6 - Management and technical consulting 8.7 0.4 Management of companies 0.5 Administrative and waste services˚ - Employment services 0.4 - Services to buildings -6.2 -15 -10 -5 0 5 10 15 20 25 30 35 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Note: Data are preliminary. ˚Includes additional component industries not shown separately. Employment in temporary help services Over-the-month change, January 2008–August 2012 Seasonally adjusted, in thousands 100 50 36 2 7 9 21 15 18 21 24 17 20 19 36 31 33 30 16 14 20 20 2 3 20 7 32 40 23 30 28 33 31 45 60 58 56 80 -5 -13 -1 -8 -6 -22 -19 -30 -72 -80 -100 -113 -120 -75 -80 -55 -55 -60 -41 -60 -30 -34 -28 -12 -38 -32 -40 -4 0 -20 -140 -160 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Most recent 2 months of data are preliminary. Within professional and technical services, computer systems design and related services added 11,000 jobs, followed by management and technical consulting services with 9,000 jobs added. Employment in computer systems design and related services has maintained fairly consistent growth since its latest trough in August 2009, averaging a gain of 6,000 jobs per month. Likewise, job growth in management and technical consulting has averaged 6,000 per month since its trough in May 2010. Employment in temporary help services changed little over the month, and has shown little net change since February 2012. 14 Employment in health care Over-the-month change, January 2008–August 2012 Seasonally adjusted, in thousands 60 38 32 19 17 19 26 24 23 30 34 36 32 26 18 23 19 20 22 4 9 10 16 15 12 15 11 10 11 10 16 19 18 19 24 22 22 23 20 28 30 31 23 22 18 14 15 19 20 32 36 37 33 28 35 21 30 29 30 40 46 50 0 -10 -20 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Most recent 2 months of data are preliminary. Employment in selected health care industries Over-the-month change, August 2012 Seasonally adjusted, in thousands Ambulatory health care services˚ 14.2 - Offices of physicians 0.7 - Outpatient care centers 1.2 - Home health care services 7.2 Hospitals 5.7 Nursing and residential care -3.2 -8 -6 -4 Health care industries: 17 -2 0 2 4 6 8 10 12 14 16 18 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Note: Data are preliminary. ˚Includes additional component industries not shown separately. Health care employment rose by 17,000 in August. Ambulatory health care and hospitals accounted for most of the increase over the month. Since June 2012, average monthly job gains in health care have slowed to 15,000 from 28,000 in the preceding 12 months. 15 Employment in food services and drinking places Over-the-month change, January 2008–August 2012 Seasonally adjusted, in thousands 80 26 28 8 8 10 27 35 0 -1 -9 -8 -24 -28 -24 -22 -25 -24 -24 -30 -38 -36 -28 -26 -18 -12 -25 -11 -3 -4 -5 -9 -40 25 26 7 5 2 1 1 0 -20 20 28 24 30 6 7 11 20 16 13 15 19 25 40 33 38 42 38 53 54 60 -60 -80 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Most recent 2 months of data are preliminary. Food services and drinking places accounted for 28,000 jobs gained over the month. Employment in the industry has grown by an average of 21,000 per month since a trough in February 2010, accounting for 85 percent of the employment gains in leisure and hospitality. 16 Employment in government January 2000–August 2012 Seasonally adjusted, in thousands 23,500 23,000 22,500 22,000 21,500 21,000 20,500 August 2012 Level: 21,900 Change: -7 20,000 19,500 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. Employment in selected government Over-the-month change, August 2012 Government: -7 Seasonally adjusted, in thousands Federal, except U.S. Postal Service 2.9 U.S. Postal Service 0.0 State government education -2.7 State government, excluding education -3.0 Local government education -1.9 Local government, excluding education -2.1 -6 -4 -2 0 2 4 6 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 07, 2012. Note: Data are preliminary. Government employment continued to trend down in August (-7,000). Since the end of the most recent recession in June 2009, government employment has declined by 670,000, or 3.0 percent. 17
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