Bureau of Labor Statistics Current Employment Statistics Highlights March 2010 Bureau of Labor Statistics April 2, 2010 1 Employment in total nonfarm 2000-10 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 March 2010 125,000 125,000 Level: 129,750 Change: +162 122,500 122,500 120,000 120,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: 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. Employment in total nonfarm Over-the-month change, 2008-10 Seasonally adjusted, in thousands 300 150 162 70 64 14 0 -10 -150 -300 -14 -50 -33 -109 -149 -231 -193 -210 -212 -225 -224 -334 -450 -600 -750 -346 -387 -458 -528 -554 -515 -673 -726 -728 -779 -753 -900 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: Most recent 2 months of data are preliminary. • In March, nonfarm payroll employment rose by 162,000. • During the first quarter of 2009, monthly job losses averaged 753,000. Job losses moderated in subsequent months and in the past 5 months employment has shown little net change. 2 Employment in total nonfarm Over-the-year percent change, 2008-10 3 2 1 0.6 0.5 0.3 0.2 0 -0.1 -1 -2 -0.3 -0.4 -0.6 -1.0 -1.5 -1.8 -2.1 -3 -2.4 -2.6 -3.0 -3.2 -4 -3.5 -3.7 -4.2 -5 -3.9 -4.5 -4.6 -4.8 -4.9 -4.9 -4.7 -4.5 -6 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: Most recent 2 months of data are preliminary. • The 12-month rate of job loss has slowed from 4.9 percent in August 2009 to 1.8 percent in March 2010. • The over-the-year rate of change is now at a pace last seen in late 2008. 3 Average weekly hours, total private 2000-10 Seasonally adjusted 35.0 34.5 35.0 All employees Level: 34.0 Change: +0.1 34.5 34.0 34.0 33.5 33.5 Production employees Level: 33.3 33.0 33.0 Change: +0.2 32.5 32.5 32.0 32.0 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: 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. • In March, the average workweek of all employees on private nonfarm payrolls notched up 0.1 to 34.0 hours. Average weekly hours of production and nonsupervisory employees rose by 0.2 to 33.3 hours. • The increases offset declines of equal magnitude in February. 4 Over-the-year percent change in average hourly earnings 2000-10 Seasonally adjusted 5.0 5.0 Production employees Percent change: 2.1 4.0 4.0 3.0 3.0 All employees 2.0 Percent change: 1.8 2.0 1.0 1.0 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: 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. Over-the-year percent change in average hourly earnings of all employees and CPI-U (1982-84), 2007-10 Seasonally adjusted 8.0 Over-the-year percent changes 6.0 March 2010 AHE: 1.8 February 2010 CPI-U: 2.2 4.0 2.0 AHE 0.0 -2.0 CPI-U -4.0 Source: Bureau of Labor Statistics, Consumer Price Indexes program and Current Employment Statistics survey, April 2, 2010. Note: Most recent 2 months of data are preliminary. • In March, average hourly earnings of all employees fell by 2 cents to $22.47, following a 4-cent gain in February. Over the past 12 months, average hourly earnings have risen by 1.8 percent. • Average hourly earnings of production and nonsupervisory employees fell by 2 cents to $18.90 in March. • The Consumer Price Index for All Urban Consumers (CPI-U) rose by 2.2 percent over the year ending in February. 5 Index of total private aggregate weekly hours of all employees 2006-10 105 Seasonally adjusted, 2007=100 100 95 March 2010 90 Level: 91.4 Percent change: +0.4 85 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: Most recent 2 months of data are preliminary. Index of total private aggregate weekly payrolls payrolls of all employees 2006-10 105 Seasonally adjusted, 2007=100 100 95 March 2010 90 Level: 97.9 Percent change: +0.3 85 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: Most recent 2 months of data are preliminary. • The index of total private aggregate weekly hours rose by 0.4 percent in March. Over the last 5 months, the index has trended up by 1.0 percent. • The index of total private aggregate weekly payrolls rose by 0.3 percent in March. Since reaching a low point in October 2009, the index has risen by 1.6 percent. 6 Employment in total nonfarm Over-the-month change, March 2010 Seasonally adjusted, in thousands Mining and logging 9 Construction 15 Manufacturing 17 Wholesale trade 9 Retail trade Total nonfarm: +162 15 Transportation and warehousing 8 Utilities 0 Information -12 Financial activities -21 Professional and business services 11 Education and health services 45 Leisure and hospitality 22 Other services 6 Government 39 -30 -15 0 15 30 45 60 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: Data are preliminary. • Temporary help services and health care continued to add jobs over the month. Employment in the federal government also rose, reflecting the hiring of temporary workers for Census 2010. • Employment fell in financial activities. • March is the first month in 2 years in which most private-sector industries added jobs. The diffusion index over a 1-month span jumped 10 points to 60.0. This index measures the dispersion of employment change, with a value above 50 indicating that more industries are adding jobs than losing them over the month. 7 Employment in mining Over-the-month change, 2008-10 Seasonally adjusted, in thousands 15 10 5 8.1 5 8.1 6 4.7 3.8 8.1 7.8 7.6 7.2 6.9 2.8 1 0 -0.3 -5 -4 -2.7 -3.1 -5.9 -10 -4.7 -5.3 -7.3 -8 -8.8 -13.3 -13.3 -13.9 -15.5 -15 -20 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: Most recent 2 months of data are preliminary. • Mining employment rose by 8,000 in March. This industry has added 31,000 jobs since last October, following job losses totaling 106,000 over the prior 13 months. • Support activities for mining has been the primary driver of these employment changes, although mining excluding oil and gas has also added jobs over the past 5 months after more than 1 year of employment declines. 8 Employment in construction Over-the-month change, 2008-10 Seasonally adjusted, in thousands 50 15 0 -15 -24 -28 -33 -50 -36 -59 -61 -52 -52 -70 -59 -64 -72 -100 -80 -92 -91 -95 -114 -116 -150 -149 -60 -59 -71 -67 -142 -153 -200 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: Most recent 2 months of data are preliminary. Employment in construction Over-the-month change, March 2010 Seasonally adjusted, in thousands 20 9.4 9.4 10 6.0 0 -0.8 -10 -8.1 -9.0 -9.1 -9.3 -14.9 -20 -30 March 2010 -30.5 Prior 12-mo. avg. -40 -50 Residential building Nonresidential building Heavy and civil engineering Residential specialty trades Nonresidential specialty trades Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: Data are preliminary. • Construction employment held steady in March. This industry had shed an average of 72,000 jobs per month in the prior 12 months. • Nonresidential builders added 9,000 jobs in March, while employment movements were small and offsetting in the specialty trades. 9 Employment in manufacturing Over-the-month change, 2008-10 Seasonally adjusted, in thousands 100 50 22 6 17 0 -5 -50 -100 -150 -200 -30 -37 -27 -50 -43 -49 -72 -25 -18 -57 -48 -57 -93 -93 -141 -129 -130 -166 -165 -177 -149 -152 -250 -300 -279 -350 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: Most recent 2 months of data are preliminary. • Manufacturing employment edged up in March. Over the last 3 months, manufacturing has added 45,000 jobs, with most of the gains in durable goods industries. • Fabricated metal products and machinery accounted for more than half of the manufacturing job growth in March. • Manufacturing had seen broad-based job losses among the component industries since before the start of the recession. However, in the past 2 months more industries have shown employment gains than employment losses. The 1-month manufacturing diffusion index rose from 54.3 to 58.5 in March. 10 Average weekly hours, manufacturing 2000-10 Seasonally adjusted 42.5 42.5 42.0 Production employees 41.5 Change: +0.5 42.0 Level: 41.0 41.5 41.0 41.0 40.5 40.5 40.0 40.0 39.5 All employees Level: 39.9 39.0 Change: +0.2 38.5 39.5 39.0 38.5 38.0 38.0 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: 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. Average weekly overtime hours, manufacturing, 2000-10 Seasonally adjusted 6.0 6.0 5.5 Production employees 5.0 Change: +0.2 Level: 3.7 5.5 5.0 4.5 4.5 4.0 4.0 3.5 3.0 2.5 3.5 All employees Level: 2.9 Change: +0.1 2.0 3.0 2.5 2.0 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: 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. • Average weekly hours of all employees in manufacturing rose by 0.2 hour in March. Some of this increase may represent a rebound following severe weather in February. The factory workweek has risen by 1.2 hours over the last 12 months. Factory overtime rose by 0.1 hour in March. • In March, the average manufacturing workweek for production employees increased by 0.5 hour. Since reaching a trough in March 2009, the average workweek for production employees in manufacturing has increased by 1.6 hours. Average weekly overtime for production employees rose by 0.2 hour in March. 11 Employment in retail trade 2000-10 Seasonally adjusted, in thousands 16,000 16,000 15,500 15,500 15,000 15,000 March 2010 14,500 14,500 Level: 14,432.3 Change: +14.9 14,000 14,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: 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. Employment in retail trade Over-the-month change, 2008-10 Seasonally adjusted, in thousands 90 60 49.1 30 8.8 8.3 14.9 0 -2.4 -30 -11.8 -22.2-24.4 -34.6 -36.4 -60 -90 -42 -42.8 -53.5 -66.4-67.5 -66.6 -71 -69.8 -78.9-80.2 -14.5 -15.3 -48.3 -63 -87.4 -99.2 -120 -117 -150 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: Most recent 2 months of data are preliminary. • Employment edged up in retail trade in March. During the first quarter of 2010, retail trade added an average of 24,000 jobs per month, in contrast to 42,000 jobs lost per month in 2009. • Despite the gains over the past 3 months, the industry has shed 1.1 million jobs since reaching a peak in December 2007. • In March, employment levels among the component industries were little changed with the exception of building material and garden supply stores, which added 12,000 jobs over the month. 12 Employment in information Over-the-month change, 2008-10 Seasonally adjusted, in thousands 10 1 0 -2 -10 -1 -2 -7 -13 -20 -30 -3 -3 -3 -7 -11 -12 -7 -9 -11 -12 -12 -15 -15 -20 -12 -14 -12 -20 -26 -24 -25 -40 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: Most recent 2 months of data are preliminary. • Employment in information edged down in March, continuing a trend of job losses. • Since last reaching an employment peak in May 2007, the information industry has shed 315,000 jobs, or 10 percent of its workforce. 13 Employment in financial activities Over-the-month change, 2008-10 Seasonally adjusted, in thousands 15 -15 2 0 0 -9 -10 -6 -9 -17 -15 -9 -12 -18 -15 -19 -23 -24 -30 -29 -22 -21 -32 -31 -33 -37 -45 -42 -44 -47 -51 -60 -55 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: Most recent 2 months of data are preliminary. • Employment in financial activities continued to decrease in March, and job losses total 253,000 over the year. • In March, insurance carriers and related activities reduced payrolls by 9,000 positions. Over the year, this industry has accounted for almost 30 percent of the job losses in financial activities. 14 Employment in selected professional and business services Over-the-month change, March 2010 Professional and technical* Professional and technical* Seasonally adjusted, in thousands -12.5 Accounting and bookkeeping Professional and business -6.4 services: +11 Architectural and engineering -0.2 Computer systems design -5.8 Management and technical consulting 1.1 Management of companies Management of companies -0.9 Administrative Administrativeand andwaste wasteservices* services* 24.3 Employment services 42.6 Services to buildings -14.9 -30 0 30 60 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: Data are preliminary. * Includes additional component industries not shown separately. Employment in temporary help services 2000-10 Seasonally adjusted, in thousands 3,000 3,000 2,800 2,800 2,600 2,600 2,400 2,400 2,200 2,200 2,000 March 2010 1,800 Change: +40.2 2,000 Level: 2,037.1 1,600 1,800 1,600 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: 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. • Employment in professional and business services changed little in March. • Services to buildings and dwellings cut 15,000 jobs in March. • Employment in temporary help services rose by 40,000 in March. Since September 2009, employment in this industry has grown by 313,000, or 18 percent. 15 Employment in health care Over-the-month change, 2008-10 Seasonally adjusted, in thousands 50 40 37.3 33.5 30 27.9 33.1 29.7 29.6 23.2 23.8 23.2 21 20 26.8 25.5 23.6 20.4 19.7 21 19.9 17.8 17.8 17.1 12.2 10 17.3 17.7 13.4 14.1 13.1 8.3 0 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: Most recent 2 months of data are preliminary. Employment in selected health care industries Over-the-month change, March 2010 Seasonally adjusted, in thousands 15.5 Ambulatory health care services* 11.3 4 Offices Officesofofphysicians physicians 3.8 0.7 Outpatient care centers March 2010: +26.8 0.4 Prior 12-mo. avg.: +17.7 4.3 Home health care services 4.3 1.9 Hospitals 2.8 9.4 Nursing and residential care facilities 3.6 -10 0 10 20 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: Data are preliminary. * Includes additional component industries not shown separately. • Health care added 27,000 jobs in March, compared with an average gain of 18,000 over the prior 12 months. The largest gains occurred in ambulatory health care services and in nursing and residential care facilities. 16 Employment in leisure and hospitality 2000-10 Seasonally adjusted, in thousands 14,000 14,000 13,500 13,500 13,000 13,000 12,500 12,500 12,000 12,000 11,500 11,500 March 2010 11,000 11,000 Level: 13,041 Change: +22 10,500 10,500 10,000 10,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: 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. Employment in food services and drinking places Over-the-month change, 2008-10 Seasonally adjusted, in thousands 30 20.2 18.6 14.7 15 7.6 5.6 2.2 0 -2 -15 -13.2 -11.3 -23.4 -30 -8.8 -1 -5.8 -7.1 -9.7 -13.7 -16.7 -19.4 -14.1 -13 -13.1 -14.9 -23.9 -21.8 -26.6 -30.7-29.6 -45 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: Most recent 2 months of data are preliminary. • Employment in leisure and hospitality edged up in March. • So far in 2010, food services and drinking places has added 43,000 jobs. Employment fell by 293,000 from December 2007 to December 2009. 17 Employment in Federal excluding U.S. Postal Service, including and excluding Census temporary and intermittent workers, 2008-10 Seasonally adjusted, in thousands 2,300 2,300 Federal excluding U.S. Postal Service 2,200 Federal excluding U.S. Postal Service and Census temporary and intermittent workers 2,200 2,100 2,100 2,000 2,000 1,900 1,900 Source: Bureau of Labor Statistics, Current Employment Statistics survey, April 2, 2010. Note: Most recent 2 months of data are preliminary. • The Federal government boosted payroll employment by 48,000 in March, due to hiring of temporary workers for Census 2010 activities. • State and local government employment changed little over the month. 18
© Copyright 2024 Paperzz