Bureau of Labor Statistics Current Employment Statistics Highlights October 2010 Bureau of Labor Statistics November 5, 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 October 2010 125,000 125,000 Level: 130,462 Change: +151 122,500 122,500 120,000 120,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, November 5, 2010. 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, October 2010 Seasonally adjusted, in thousands Mining and logging 7 Construction 5 Manufacturing Total nonfarm: +151 -7 Wholesale trade 7 Retail trade 28 Transportation and warehousing 0 Utilities 2 Information -1 Financial activities -1 Professional and business services 46 Education and health services 53 Leisure and hospitality -5 Other services 25 Government -8 -50 -25 0 25 50 75 100 Source: Bureau of Labor Statistics, Current Employment Statistics survey, November 5, 2010. Note: Data are preliminary. • Nonfarm payroll employment increased by 151,000 in October. • Since December 2009, nonfarm payroll employment has risen by 874,000. • October employment growth reflects job gains in mining and a number of serviceproviding industries. 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 0 -0.1 -1 0.6 -0.2 -0.4 -0.3-0.4 -0.6 -1.0 -1.0 -1.5 -2 0.2 0.3 -1.7 -2.1 -2.4 -2.6 -3 -3.0 -3.2 -4 -3.5 -3.9 -3.7 -4.2 -5 -4.5 -4.5-4.6 -4.8-4.9-4.9-4.7 -6 Source: Bureau of Labor Statistics, Current Employment Statistics survey, November 5, 2010. Note: 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 62 117 51 61 143 107 159 0 -12 -85 -150 -58 -83 -161 -230 -253 -257 -300 -334 -347 -450 -452 -456 -600 -186 -215 -262 -297 -547 -667 -734 -750 -649 -707 -744 -806 -900 Source: Bureau of Labor Statistics, Current Employment Statistics survey, November 5, 2010. Note: Most recent 2 months of data are preliminary. • Total nonfarm employment has increased by 0.6 percent over the year, the highest 12month rate since January 2008. • The private sector added 159,000 jobs in October; this gain is the 10th consecutive month of job growth. • Private-sector employment has increased by 1.1 million since December 2009. 3 Average weekly hours, total private 2000-10 Seasonally adjusted 35.0 35.0 All employees Level: 34.3 Change: +0.1 34.5 34.5 34.0 34.0 33.5 33.5 Production employees Level: 33.6 33.0 33.0 Change: +0.1 32.5 32.5 32.0 32.0 Source: Bureau of Labor Statistics, Current Employment Statistics survey, November 5, 2010. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. 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 October 2010 AHE: 1.7 September 2010 CPI-U: 1.1 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, November 5, 2010. Note: Most recent 2 months of data are preliminary. • In October, average weekly hours for all employees and for production and nonsupervisory employees increased by 0.1 hour. The workweek for both employee groups has increased 0.6 hour since reaching lows in October 2009. • In October, average hourly earnings of all employees on private nonfarm payrolls increased by 5 cents to $22.73. Over the past 12 months, average hourly earnings have risen by 1.7 percent. • The Consumer Price Index for All Urban Consumers (CPI-U) rose by 1.1 percent from September 2009 to September 2010. 4 Index of total private aggregate weekly hours of all employees 2006-10 105 Seasonally adjusted, 2007=100 100 95 October 2010 90 Level: 93.0 Percent change: +0.4 85 Source: Bureau of Labor Statistics, Current Employment Statistics survey, November 5, 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 October 2010 90 Level: 100.8 Percent change: +0.6 85 Source: Bureau of Labor Statistics, Current Employment Statistics survey, November 5, 2010. Note: Most recent 2 months of data are preliminary. • In October, the index of private aggregate weekly hours rose 0.4 percent. Since reaching a low in October 2009, the index has increased by 2.8 percent. • The index of private aggregate payrolls increased by 0.6 percent in October. Since reaching a low in October 2009, the index has increased by 4.6 percent. 5 Employment in mining Over-the-month change, 2008-10 Seasonally adjusted, in thousands 15 11.3 10 5 8.1 5 8.1 9.5 9.3 7.8 7.6 7.2 6.9 6.9 6.4 6.6 6.9 6.7 7.6 4.7 3.8 2.8 1 0 -0.3 -5 -4 -2.7 -3.1 -5.3 -5.9 -7.3 -10 -8 -4.7 -8.8 -13.3 -13.3 -13.9 -15.5 -15 -20 Source: Bureau of Labor Statistics, Current Employment Statistics survey, November 5, 2010. Note: Most recent 2 months of data are preliminary. Employment in manufacturing 2000-10 Seasonally adjusted, in thousands 18,000 18,000 17,000 17,000 16,000 16,000 15,000 15,000 14,000 14,000 13,000 13,000 12,000 11,000 10,000 October 2010 Level: 11,669 Change: -7 9,000 12,000 11,000 10,000 9,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, November 5, 2010. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. • Mining employment continued to trend up (+8,000) over the month. Since a recent low in October 2009, mining has added 88,000 jobs. • Employment in manufacturing changed little in October (-7,000) and, on net, has been essentially flat since May. The industry had added 134,000 jobs during the first 5 months of this year. 6 Average weekly hours, manufacturing 2000-10 Seasonally adjusted 42.5 42.5 42.0 Production employees 41.5 Change: +0.1 42.0 Level: 41.3 41.5 41.0 41.0 40.5 40.5 40.0 40.0 39.5 All employees Level: 40.3 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, November 5, 2010. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. 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: 0.0 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: 0.0 3.0 2.5 2.0 2.0 Source: Bureau of Labor Statistics, Current Employment Statistics survey, November 5, 2010. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. • The manufacturing workweeks for all employees and for production employees increased by 0.1 hour each in October. The workweek has risen by 1.6 hours for all employees since a low in June 2009. • Factory overtime was unchanged for both employee types. • Overtime hours for all employees have expanded by 0.9 hour since April 2009. Overtime hours for production employees have expanded by 1.3 hours since March 2009. Despite the increase, overtime hours for all employees and production employees remain below pre-recession levels. 7 Employment in retail trade 2000-10 Seasonally adjusted, in thousands 16,000 16,000 15,500 15,500 15,000 15,000 October 2010 14,500 14,500 Level: 14,488.3 Change: +27.9 14,000 14,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, November 5, 2010. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. Employment in retail trade industries Over-the-month change, October 2010 Seasonally adjusted, in thousands Motor vehicle and parts dealers 7.8 Furniture and home furnishings stores 1.0 Electronics and appliance stores 4.7 Building material and garden supply stores -3.5 Food and beverage stores -0.4 Retail trade: 27.9 Health and personal care stores 1.2 Gasoline stations -2.2 Clothing and clothing accessories stores 7.7 Sporting goods, hobby, book, and music stores -0.3 General merchandise stores 4.4 Miscellaneous store retailers 5.0 Nonstore retailers 2.5 -9 -6 -3 0 3 6 9 12 15 Source: Bureau of Labor Statistics, Current Employment Statistics survey, November 5, 2010. Note: Data are preliminary. • Retail trade employment rose by 28,000 in October, increases were distributed throughout most of the industries. • Since reaching a trough in December 2009, employment in retail trade has expanded by 128,000. 8 Employment in selected professional and business services Over-the-month change, October 2010 Professional and technical* Professional and technical* Seasonally adjusted, in thousands 6.7 Accounting and bookkeeping -4.7 Architectural and engineering Professional and business 0 services: +46 Computer systems design 7.5 Management and technical consulting 2.6 Management of companies Management of companies -1.2 Administrative Administrativeand andwaste wasteservices* services* 40.4 Employment services 29.4 Services to buildings 0.8 -20 -10 0 10 20 30 40 50 60 Source: Bureau of Labor Statistics, Current Employment Statistics survey, November 5, 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 October 2010 1,800 Change: +34.9 2,000 Level: 2,175.2 1,800 1,600 1,600 Source: Bureau of Labor Statistics, Current Employment Statistics survey, November 5, 2010. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. • Professional and business services added 46,000 jobs in October. • Employment in temporary help services continued to increase in October, with a gain of 35,000. Employment in temporary help services has risen by 451,000 since a recent low in September 2009. • Computer systems design also added jobs in October; this industry has added 53,000 jobs since an employment trough in June 2009. 9 Employment in health care Over-the-month change, 2008-10 Seasonally adjusted, in thousands 50 40 37.3 33.5 30 33.1 31.4 29.7 29.6 27.9 25.5 21.0 24.224.623.924.1 23.223.8 21.0 19.9 17.8 17.317.7 23.6 20 23.2 19.7 20.4 17.8 17.1 12.2 10 13.414.0 13.1 17.2 16.5 15.0 8.3 0 Source: Bureau of Labor Statistics, Current Employment Statistics survey, November 5, 2010. Note: Most recent 2 months of data are preliminary. Employment in selected health care industries Over-the-month change, October 2010 Seasonally adjusted, in thousands 13 Ambulatory health care services* 13.1 2.7 Offices Officesofofphysicians physicians 3.2 October 2010: +24.1 2.5 Outpatient care centers Outpatient care centers Prior 12-mo. avg.: +19.9 1.1 3.6 Homehealth health care care services Home services 3.7 5.1 Hospitals 3.3 6 Nursing and residential care facilities 3.5 -10 0 10 20 Source: Bureau of Labor Statistics, Current Employment Statistics survey, November 5, 2010. Note: Data are preliminary. * Includes additional component industries not shown separately. • Health care continued to add jobs in October (+24,000); in line with the average increase over the prior 12 months (+20,000). • Health care employment has risen by 204,000 thus far in 2010. 10 Employment in government Over-the-month change, 2008-10 Seasonally adjusted, in thousands 450 381 400 350 300 250 200 150 121 100 50 0 35 25 2 12 22 37 47 13 6 -2 -50 -7 -6 50 38 27 72 3 -19 -9 -11 -53 -63 -49 -100 -39 -26 -2 -8 -23 -150 -144-148 -200 -183 -250 -236 -300 Source: Bureau of Labor Statistics, Current Employment Statistics survey, November 5, 2010. Note: 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, November 5, 2010. Note: Most recent 2 months of data are preliminary. • Government employment was little changed overall in October. • The number of temporary decennial census workers fell by 5,000 in October; about 1,000 temporary decennial census workers remain on Federal payrolls. 11 Index of local government employment from beginning of recession, seasonally adjusted Index where first month of the recession = 100 106 105 1990 2001 104 2007 103 102 101 100 99 98 97 96 -6 -5 -4 -3 -2 -1 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 Month Source: Bureau of Labor Statistics, Current Employment Statistics survey, November 5, 2010 Note: Business cycle peak as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. • Unlike the prior two recessions when jobs were added, local government began to shed jobs at the conclusion of the recent 2007–09 recession. • Since reaching a peak in September 2008, local government employment has fallen by 368,000; two thirds of the losses have occurred so far in 2010. 12 Index of local government education employment from beginning of recession, seasonally adjusted Index where first month of the recession = 100 106 105 1990 2001 104 2007 103 102 101 100 99 98 97 96 -6 -5 -4 -3 -2 -1 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 Month Source: Bureau of Labor Statistics, Current Employment Statistics survey, November 5, 2010 Note: Business cycle peak as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. Index of local government, excluding education employment from beginning of recession, seasonally adjusted Index where first month of the recession = 100 106 105 1990 2001 104 2007 103 102 101 100 99 98 97 96 -6 -5 -4 -3 -2 -1 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 Month Source: Bureau of Labor Statistics, Current Employment Statistics survey, November 5, 2010 Note: Business cycle peak as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. • During and following the 1991 and 2001 recessions, employment rose in local government education. • Since reaching a peak in July 2008, local government education employment has fallen by 213,000; 67 percent of the losses have occurred so far in 2010. • Employment in local government, excluding education, decreased by 14,000 in October and has fallen by 174,000 since reaching a peak in November 2008. 13
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