Bureau of Labor Statistics Current Employment Statistics Highlights August 2010 Bureau of Labor Statistics September 3, 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 August 2010 125,000 125,000 Level: 130,311 Change: -54 122,500 122,500 120,000 120,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 3, 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 51 61 107 67 0 -12 -150 -85 -58 -83 -161 -300 -450 -600 -750 -900 -253-230-257 -334 -347 -186 -215 -262 -297 -452 -456 -547 -667 -734 -649 -707 -744 -806 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 3, 2010. Note: Most recent 2 months of data are preliminary. • Nonfarm payroll employment was little changed (-54,000) in August. • Employment was negatively impacted by continued cuts (-114,000) in the number of temporary workers previously hired for Census 2010. • Private sector employment edged up by 67,000. • The private sector has added 763,000 jobs so far this year, averaging 95,000 per month. 1 Employment in total nonfarm Over-the-month change, August 2010 Seasonally adjusted, in thousands Mining and logging 8 Construction 19 Manufacturing -27 Wholesale trade Total nonfarm: -54 Retail trade Transportation and warehousing 4 -5 -7 Utilities 0 Information -1 Financial activities -4 Professional and business services 20 Education and health services 45 Leisure and hospitality 13 Other services Government -150 3 -121 -100 -50 0 50 100 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 3, 2010. Note: Data are preliminary. • Employment fell in government and manufacturing, while employment gains occurred in mining and logging, as well as education and health services. 2 Average weekly hours, total private 2000-10 Seasonally adjusted 35.0 35.0 All employees Level: 34.2 Change: 0.0 34.5 34.5 34.0 34.0 33.5 33.5 Production employees Level: 33.5 33.0 33.0 Change: +0.1 32.5 32.5 32.0 32.0 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 3, 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 August 2010 AHE: 1.7 July 2010 CPI-U: 1.3 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, September 3, 2010. Note: Most recent 2 months of data are preliminary. • In August, the average workweek for all employees on private nonfarm payrolls was unchanged at 34.2 hours. The average workweek for production and nonsupervisory employees on private nonfarm payrolls increased by 0.1 hour to 33.5 hours. • Average hourly earnings of all employees on private nonfarm payrolls rose by 6 cents in August to $22.66. Over the past 12 months, average hourly earnings of all employees on private nonfarm payrolls have increased by 1.7 percent. • The Consumer Price Index for All Urban Consumers (CPI-U) rose by 1.3 percent from July 2009 to July 2010. 3 Index of total private aggregate weekly hours of all employees 2006-10 105 Seasonally adjusted, 2007=100 100 95 August 2010 90 Level: 92.4 Percent change: 0.0 85 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 3, 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 August 2010 90 Level: 99.9 Percent change: +0.3 85 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 3, 2010. Note: Most recent 2 months of data are preliminary. • In August, the index of private aggregate weekly hours was unchanged. Since reaching a low in October 2009, the index has increased by 2.1 percent. • The index of private aggregate payrolls increased by 0.3 percent in August. Since reaching a low in October 2009, the index has increased by 3.6 percent. 4 Employment in mining Over-the-month change, 2008-10 Seasonally adjusted, in thousands 15 11.3 10 8.1 5 5 8.1 9.3 7.8 7.6 7.2 6.9 6.9 6.6 6.4 7.3 7.5 4.7 3.8 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, September 3, 2010. Note: Most recent 2 months of data are preliminary. Employment in construction Over-the-month change, 2008-10 Seasonally adjusted, in thousands 50 27 22 19 0 -24 -28 -50 -52 -52 -70 -59 -80 -92 -149 -71 -67 -60 -51 -91 -95 -116 -150 -64 -72 -4 -29 -36 -59 -61 -100 -9 -15 -33 -114 -142 -153 -200 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 3, 2010. Note: Most recent 2 months of data are preliminary. • Mining added 8,000 jobs in August. This increase follows a similar trend of job gains in recent months. Since reaching a trough in October 2009, employment in the industry has risen by 72,000. Support activities in mining accounts for three-fourths of this 10-month gain. • Construction employment notched up over the month. About half of the increase resulted from the return of about 10,000 workers who had been on strike in July. Job gains in August were concentrated in heavy and civil engineering and in nonresidential specialty trade contractors. 5 Employment in manufacturing Over-the-month change, 2008-10 Seasonally adjusted, in thousands 100 50 22 16 19 38 39 -5 -50 -30 -37 -27 -50 -43 -49 -72 -100 34 4 0 -25 -18 -57 -48 -27 -57 -93 -93 -129 -130 -141 -150 -149-152 -166-165 -177 -200 -250 -279 -300 -350 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 3, 2010. Note: Most recent 2 months of data are preliminary. Employment in motor vehicles and parts Over-the-month change, 2008-10 Seasonally adjusted, in thousands 50 37 26.6 25 -1.9 -3.8 -2.7 -17.4 -26.4 3.5 4.1 4 0.1 0 -25 22.3 17.1 -0.8 -8.1 -14.3 -20.3 -18.4 -25.5 -10.8 -8.4 -4.6 -1.1 -23.9 -21.8 -31 -37.1 -9.1 9.3 -5.1 -21.6 -50 -75 -79.9 -100 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 3, 2010. Note: Most recent 2 months of data are preliminary. • Manufacturing shed 27,000 jobs in August, the first monthly decline in 2010. The decline was driven by transportation equipment, which lost 21,000 jobs. • Within transportation equipment, motor vehicles and parts manufacturing fell by 22,000 jobs in August, offsetting a similar sized increase in July. The two-month movement was the result of a number of plants deviating from their normal practice of shutting down in July and reopening in August. 6 Average weekly hours, manufacturing 2000-10 Seasonally adjusted 42.5 42.5 Production employees 42.0 42.0 Level: 41.2 41.5 41.5 Change: +0.1 41.0 41.0 40.5 40.5 40.0 40.0 39.5 All employees Level: 40.2 39.0 Change: +0.1 38.5 38.0 39.5 39.0 38.5 38.0 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 3, 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: +0.1 Level: 3.9 5.5 5.0 4.5 4.5 4.0 4.0 3.5 3.5 3.0 2.5 All employees Level: 3.0 Change: +0.1 3.0 2.5 2.0 2.0 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 3, 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 and of production workers in manufacturing both increased by 0.1 hour over the month. Since reaching a low in October 2009, hours of all employees have risen by 0.5 hour. • Average weekly overtime of all employees and of production workers in manufacturing both increased by 0.1 hour over the month. Since reaching a low in April 2009, overtime of all employees in manufacturing has risen by 0.9 hour. 7 Employment in transportation and warehousing 2000-10 Seasonally adjusted, in thousands 5,000 5,000 4,900 4,900 4,800 4,800 August 2010 Level: 4,178.6 4,700 4,700 Change: -7.4 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, September 3, 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 selected transportation and warehousing industries Over-the-month change, August 2010 Seasonally adjusted, in thousands Air transportation 0.6 Truck transportation 0.4 Transit and ground passenger transportation Transportation and warehousing: -7.4 -12.0 Support activities for transportation 0.6 Couriers and messengers 1.7 Warehousing and storage 0.6 -15 -12 -9 -6 -3 0 3 6 9 12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 3, 2010. Note: Data are preliminary. • Employment in transportation and warehousing edged down (-7,000) in August partially offsetting gains (+12,000) in July. • Over the past 2 months, employment in transportation and warehousing has been driven by transit and ground passenger transportation. 8 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 -18 -19 -23 -24 -29 -4 -7 -9 -12 -30 2 -22 -9 -11 -11 -19 -32 -31 -33 -37 -45 -42 -44 -47 -51 -60 -55 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 3, 2010. Note: Most recent 2 months of data are preliminary. • Financial activities employment was little changed in August, improving upon its average monthly loss for the prior 6 months (-9,000). Since the start of the recession in December 2007, the industry has shed 651,000 jobs or 7.9 percent of employment. 9 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 August 2010 16,000 16,000 Level: 16,714 Change: +20 15,500 15,500 15,000 15,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 3, 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 Over-the-month change, 2008-10 Seasonally adjusted, in thousands 120 94.7 90 60 42.2 49.749.2 30 0 -30 -60 -90 -11.3 -12.9 -18.6 -30.0-26.3 -31.5 -35.4-37.2 -8.8 -9.2 -15.7 35.932.3 30.4 23.3 18.6 16.8 -0.9 -34.3 -45.2 -51.1 -62.1 -49.5 -62.6 -72.3 -61.3 -65.9 -91.4 -120 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 3, 2010. Note: Most recent 2 months of data are preliminary. • Professional and business services employment edged up by 20,000 in August. • Temporary help services largely explains recent employment trends in professional and business services. Temporary help employment has expanded by 392,000 since reaching an employment low in September 2009. 10 Employment in education and health services 2000-10 Seasonally adjusted, in thousands 20,000 20,000 19,000 19,000 18,000 18,000 17,000 17,000 16,000 16,000 August 2010 Level: 19,611 15,000 15,000 Change: +45 14,000 14,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 3, 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 Over-the-month change, 2008-10 Seasonally adjusted, in thousands 50 40 37.3 33.5 30 27.9 33.1 31.4 29.7 29.6 28.2 25.5 23.6 20 23.223.8 23.2 21.0 19.7 20.4 19.9 17.8 17.1 12.2 17.8 17.317.7 17.2 13.414.0 13.1 10 22.8 21.0 16.5 15.0 8.3 0 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 3, 2010. Note: Most recent 2 months of data are preliminary. • Education and health services added 45,000 jobs in August. Since the recession began in December 2007, employment in education and health care has expanded by over 1 million positions. • Health care added 28,000 jobs in August. 11 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 August 2010 21,000 21,000 Level: 22,441 Change: -121 20,500 20,500 20,000 20,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, September 3, 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, September 3, 2010. Note: Most recent 2 months of data are preliminary. • Employment in government fell by 121,000 in August, as 114,000 temporary Census 2010 positions were eliminated. • Local government excluding education added 14,000 jobs over the month. This gain was mostly offset by local education employment. 12
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