Bureau of Labor Statistics Current Employment Statistics Highlights June 2010 Bureau of Labor Statistics July 2, 2010 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 June 2010 125,000 125,000 Level: 130,470 Change: -125 122,500 122,500 120,000 120,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 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 600 433 450 313 300 208 150 0 -150 -300 -450 -600 -750 -900 64 -10 -50 -33 14 39 -109 -149 -231 -193-210 -125 -212-225-224 -334 -346 -387 -458 -528 -554 -728 -673 -779 -726 -515 -753 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 2, 2010. Note: Most recent 2 months of data are preliminary. • Nonfarm payroll employment fell by 125,000 in June, reflecting a large drop in the number of Census 2010 temporary workers. • Since falling by 8.4 million between December 2007 and December 2009, employment has increased by 882,000. 1 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 -0.4 -0.6 -1.0 -1.0 -1.5 -1.7 -2.1 -3 -2.4 -2.6 -3.0 -3.2 -4 -0.1 -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, July 2, 2010. Note: Most recent 2 months of data are preliminary. • On a year-over-year percent basis, payroll employment was essentially unchanged in June, an improvement compared to the rate of job losses in mid-2009. 2 Employment in total nonfarm Over-the-month change, June 2010 Seasonally adjusted, in thousands Mining and logging 5 Construction -22 Manufacturing 9 Wholesale trade 1 Total nonfarm: -125 Retail trade -7 Transportation and warehousing 15 Utilities -1 Information -8 Financial activities -15 Professional and business services 46 Education and health services 22 Leisure and hospitality 37 Other services Government -250 2 -208 -200 -150 -100 -50 0 50 100 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 2, 2010. Note: Data are preliminary. Employment in total nonfarm, including and excluding Census temporary and intermittent workers, 2007-10 Seasonally adjusted, in thousands 139,000 139,000 138,000 138,000 137,000 137,000 136,000 136,000 135,000 134,000 135,000 134,000 Total nonfarm 133,000 132,000 131,000 133,000 Total nonfarm excluding Census temporary and intermittent workers 132,000 131,000 130,000 130,000 129,000 129,000 128,000 128,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 2, 2010. Note: Most recent 2 months of data are preliminary. • Leisure and hospitality, professional and business services, and transportation and warehousing added jobs in June, while construction employment declined. • The loss in government employment largely reflected a decrease (-225,000) in the number of temporary workers hired for Census 2010. 3 Employment in total private 2000-10 Seasonally adjusted, in thousands 120,000 120,000 117,500 117,500 115,000 115,000 112,500 112,500 110,000 110,000 107,500 107,500 June 2010 105,000 105,000 Level: 107,700 Change: +83 102,500 102,500 100,000 100,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 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 private Over-the-month change, 2008-10 Seasonally adjusted, in thousands 450 300 241 158 150 75 16 62 33 83 0 -12 -150 -85 -58 -83 -161 -300 -450 -600 -750 -900 -253-230-257 -297 -334 -347 -186 -215 -262 -452 -456 -547 -649 -707 -744 -667 -734 -806 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 2, 2010. Note: Most recent 2 months of data are preliminary. • Total private employment continued to trend up (+83,000) in June, due to modest increases in several industries. • Since December 2009, private-sector employment has risen by 593,000, or by an average 99,000 jobs gained per month. Private-sector employment losses averaged 388,000 per month during 2009. 4 Average weekly hours, total private 2000-10 Seasonally adjusted 35.0 35.0 All employees Level: 34.1 Change: -0.1 34.5 34.5 34.0 34.0 33.5 33.5 Production employees Level: 33.4 33.0 33.0 Change: 0.0 32.5 32.5 32.0 32.0 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 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. Index of total private aggregate weekly hours of all employees 2006-10 105 Seasonally adjusted, 2007=100 100 95 June 2010 90 Level: 92.0 Percent change: -0.2 85 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 2, 2010. Note: Most recent 2 months of data are preliminary. • In June, the average workweek for all employees on private nonfarm payrolls decreased by 0.1 hour to 34.1 hours. The average workweek for production and nonsupervisory employees on private nonfarm payrolls was unchanged. • In June, the index of aggregate weekly hours of all employees fell by 0.2 percent. Since a low in October 2009, the index has increased by 1.7 percent. 5 B-9. 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 June 2010 AHE: 1.7 May 2010 CPI-U: 2.0 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, July 2, 2010. Note: Most recent 2 months of data are preliminary. Index of total private aggregate weekly payrolls of all employees 2006-10 105 Seasonally adjusted, 2007=100 100 95 June 2010 90 Level: 98.9 Percent change: -0.3 85 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 2, 2010. Note: Most recent 2 months of data are preliminary. • Average hourly earnings of all employees on private nonfarm payrolls edged down by 2 cents in June to $22.53. Over the past 12 months, average hourly earnings have increased by 1.7 percent. • Between May 2009 and May 2010, the Consumer Price Index for All Urban Consumers rose by 2.0 percent. • In June, the index of aggregate weekly payrolls fell by 0.3 percent. Since reaching a low in October 2009, the index has increased by 2.6 percent. 6 Employment in mining Over-the-month change, 2008-10 Seasonally adjusted, in thousands 15 11 10 5 8.1 5 8.1 9.3 7.8 7.6 7.2 6.9 4.7 3.8 6.9 6.4 5.7 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, July 2, 2010. Note: Most recent 2 months of data are preliminary. • Mining employment continued to trend up in June. Within the industry, support activities for mining added 7,000 jobs. • Since reaching a low in October 2009, mining employment has expanded by 56,000. 7 Employment in construction Over-the-month change, 2008-10 Seasonally adjusted, in thousands 50 27 22 0 -24 -28 -50 -15 -33 -30 -36 -59 -61 -100 -52 -52 -70 -59 -80 -92 -149 -71 -67 -60 -51 -91 -95 -114 -116 -150 -64 -72 -22 -142 -153 -200 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 2, 2010. Note: Most recent 2 months of data are preliminary. • Construction employment declined for a second straight month in June. The losses offset gains in March and April, leaving employment unchanged since February. • Average monthly job losses in construction have slowed to 19,000 so far this year, compared to monthly losses that averaged 84,000 in 2009. 8 Employment in manufacturing Over-the-month change, 2008-10 Seasonally adjusted, in thousands 100 50 22 16 19 38 32 9 0 -5 -50 -30 -37 -27 -50 -43 -49 -72 -100 -25 -18 -57 -48 -57 -93 -93 -150 -141 -129 -130 -166-165 -177 -200 -149-152 -250 -279 -300 -350 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 2, 2010. Note: Most recent 2 months of data are preliminary. • Manufacturing employment continued to trend upward for the sixth consecutive month. Fabricated metal products added 7,000 jobs in June. • Manufacturing has added 136,000 jobs since December 2009. Although the recent job gains reflect only a small fraction of the recent recessionary losses, they mark the strongest 6-month period of growth in manufacturing since the 1990s. 9 Average weekly hours, manufacturing 2000-10 Seasonally adjusted 42.5 42.5 Production employees 42.0 42.0 Level: 41.0 41.5 41.5 Change: -0.5 41.0 41.0 40.5 40.5 40.0 40.0 39.5 All employees Level: 40.0 39.0 Change: -0.5 38.5 39.5 39.0 38.5 38.0 38.0 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 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: 3.8 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, July 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. • The manufacturing workweek of all employees declined by 0.5 hour in June, more than offsetting an increase of 0.4 hour in May. Despite the decline, the average workweek stands 1.3 hours above the average workweek in June 2009. • Factory overtime fell by 0.1 hour for all employees and 0.2 hour for production employees. 10 Employment in wholesale trade 2000-10 Seasonally adjusted, in thousands 6,300 6,300 6,200 6,200 6,100 6,100 6,000 6,000 5,900 5,900 5,800 5,800 5,700 5,700 June 2010 5,600 Level: 5,574.9 5,500 Change: +1.0 5,600 5,500 5,400 5,400 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 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 2000-10 Seasonally adjusted, in thousands 16,000 16,000 15,500 15,500 15,000 15,000 June 2010 14,500 Level: 14,435.8 14,500 Change: -6.6 14,000 14,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 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. • During June, employment in wholesale trade changed little. The industry has experienced essentially no change in employment so far in 2010. In the second half of 2009, wholesale trade had lost 49,000 jobs. • Retail trade employment was little changed in June (-7,000) following a similar movement in May. • Retail establishments added 93,000 jobs during the first 4 months of the year. 11 Employment in transportation and warehousing 2000-10 Seasonally adjusted, in thousands 5,000 5,000 4,900 4,900 4,800 4,800 June 2010 Level: 4,177.4 4,700 4,700 Change: +14.6 4,600 4,600 4,500 4,500 4,400 4,400 4,300 4,300 4,200 4,200 4,100 4,100 4,000 4,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 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 June, transportation and warehousing added 15,000 jobs. Since a recent employment low in February, this industry has added 44,000 jobs. 12 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 -19 -23 -24 -30 -29 -7 -9 -12 -18 2 -12 -22 -15 -19 -32 -31 -33 -37 -45 -42 -44 -47 -51 -55 -60 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 2, 2010. Note: Most recent 2 months of data are preliminary. • Financial activities employment edged down by 15,000 in June. • Since reaching an employment peak in December 2006, the industry has cut 768,000 jobs. 13 Employment in professional and business services 2000-10 Seasonally adjusted, in thousands 19,000 19,000 18,500 18,500 18,000 18,000 17,500 17,500 17,000 17,000 16,500 16,500 June 2010 16,000 Level: 16,709 Change: +46 15,500 15,000 16,000 15,500 15,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 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 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 June 2010 1,800 Change: +20.5 2,000 Level: 2,103.3 1,800 1,600 1,600 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 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. • Professional and business services employment grew by 46,000 in June. Within the industry, management and technical consulting services added 11,000 jobs and business support services added 7,000 jobs. • Employment in temporary help services continued to rise, adding 21,000 jobs in June. Since reaching an employment trough in September 2009, the industry has added 379,000 jobs. 14 Employment in health care 2000-10 Seasonally adjusted, in thousands 15,000 15,000 14,000 14,000 13,000 13,000 12,000 12,000 June 2010 Level: 13,737.2 11,000 Change: +9.3 11,000 10,000 10,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 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 health care changed little in June (+9,000). • So far in 2010, the industry has averaged monthly job gains of 16,000, in line with an average gain of 18,000 jobs per month during 2009. 15 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 June 2010 11,000 Level: 13,114 Change: +37 10,500 10,000 11,000 10,500 10,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 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 leisure and hospitality increased by 37,000 in June 2010, higher than the prior 5-month average gain of 17,000 jobs. • Job gains were concentrated in amusements, gambling, and recreation, which added 28,000 jobs over the month. 16 Employment in government 2000-10 Seasonally adjusted, in thousands 23,500 23,500 23,000 23,000 22,500 22,500 22,000 22,000 21,500 21,500 June 2010 21,000 21,000 Level: 22,770 Change: -208 20,500 20,500 20,000 20,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 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 Federal excluding U.S. Postal Service, including and excluding Census temporary and intermittent workers, 2008-10 Seasonally adjusted, in thousands 2,800 2,700 2,800 Federal excluding U.S. Postal Service 2,600 2,500 2,400 2,700 2,600 Federal excluding U.S. Postal Service and Census temporary and intermittent workers 2,500 2,400 2,300 2,300 2,200 2,200 2,100 2,100 2,000 2,000 1,900 1,900 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 2, 2010. Note: Most recent 2 months of data are preliminary. • Government employment fell by 208,000 in June, largely due to a large drop in the number of temporary workers for Census 2010 (-225,000). 17
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