Bureau of Labor Statistics Current Employment Statistics Highlights December 2010 Bureau of Labor Statistics January 7, 2011 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 December 2010 125,000 125,000 Level: 130,712 Change: +103 122,500 122,500 120,000 120,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 7, 2011. 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-year percent change, 2008-10 3 2 1 0.6 0.5 0.3 0.2 0.0 0 -0.1 -0.3-0.4 -0.6 -1.0 -1 0.9 -1.7 -2.4 -2.6 -3.0 -3.2 -4 0.7 0.7 -0.2 -0.4 -2.1 -3 0.4 -1.0 -1.5 -2 0.2 -3.5 -3.9 -3.7 -4.2 -4.5-4.6 -4.5 -4.8-4.9-4.9-4.7 -5 -6 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 7, 2011. Note: Most recent 2 months of data are preliminary. • Nonfarm payroll employment increased by 103,000 in December. • Since a recent low in December 2009, nonfarm employment has expanded by 1.1 million, or 0.9 percent. 2 Employment in total nonfarm Over-the-month change, 2008-10 Seasonally adjusted, in thousands 600 432 450 313 300 0 210 208 150 64 -10 -150 -50 -33 -193 -231 -210 -387 -458 -600 -528 -554 103 -1 -24 -175 -212-225-224 -334 -450 -66 -109 -149 -300 71 14 39 -346 -515 -673 -726 -728 -753 -779 -750 -900 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 7, 2011. Note: Most recent 2 months of data are preliminary. Employment in total nonfarm Over-the-month change, December 2010 Seasonally adjusted, in thousands Mining and logging 4 Construction -16 Manufacturing Total nonfarm: +103 10 Wholesale trade 9 Retail trade 12 Transportation and warehousing 9 Utilities 1 Information -4 Financial activities 4 Professional and business services 7 Education and health services 44 Leisure and hospitality 47 Other services -14 Government -10 -50 -25 0 25 50 75 100 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 7, 2011. Note: Data are preliminary. • December marked the third consecutive month of nonfarm employment growth. • Education and health services and leisure and hospitality added jobs in December, while all other industries showed little employment change. 3 Average weekly hours, total private 2000-10 Seasonally adjusted 35.0 35.0 All employees Level: 34.3 Change: 0.0 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, January 7, 2011. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. 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 December 2010 90 Level: 93.2 Percent change: +0.1 85 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 7, 2011. Note: Most recent 2 months of data are preliminary. • Average weekly hours for all employees remained unchanged at 34.3 in December, while production worker hours increased by 0.1 hour to 33.6. • The index of aggregate weekly hours for all employees increased by 0.1 percent over the month; since a recent low in October 2009, the index has increased by 3.0 percent. 4 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 December 2010 AHE: 1.8 November 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, January 7, 2011. 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 December 2010 90 Level: 101.3 Percent change: +0.3 85 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 7, 2011. Note: Most recent 2 months of data are preliminary. • Average hourly earnings for all employees increased by 3 cents in December to $22.78. • Over the past 12 months, average hourly earnings have increased by 40 cents, or 1.8 percent. The Consumer Price Index for all urban consumers rose by 1.1 percent between November 2009 and November 2010. • In December, the index of private aggregate weekly payrolls for all employees increased by 0.3 percent to 101.3, its highest level since October 2008. Since a recent low in October 2009, the index has increased by 5.1 percent but is still 1.3 percent below the March 2008 peak. 5 Employment in construction 2000-10 Seasonally adjusted, in thousands 8,000 8,000 7,500 7,500 7,000 7,000 6,500 6,500 6,000 6,000 December 2010 Level: 5,603 5,500 5,500 Change: -16 5,000 5,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 7, 2011. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. Employment in construction Over-the-month change, December 2010 Seasonally adjusted, in thousands 5 4.1 1.7 0 -0.4 -0.4 -0.8 -2.8 -3.9 -5 -4.0 -5.9 December 2010 -10 Prior 12-mo. avg. -12.7 -15 Residential building Nonresidential building Heavy and civil engineering Residential specialty trades Nonresidential specialty trades Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 7, 2011. Note: Data are preliminary. • Construction employment showed little change in December and, on net, has been essentially flat since March. • Heavy and civil engineering construction lost 13,000 jobs, while employment in building construction and specialty trades was unchanged. Extremely cold weather in the eastern half of the country and heavy precipitation in the West and Northeast may have suppressed employment. 6 Employment in manufacturing Over-the-month change, 2008-10 Seasonally adjusted, in thousands 100 50 22 16 19 0 -5 -50 -30 -37 -27 -43 -49 -50 -72 -100 -25 -18 -57 -48 38 39 32 10 4 -26 -6 -4 -8 -57 -93 -93 -130 -141 -150 -177 -200 -129 -149-152 -166-165 -250 -279 -300 -350 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 7, 2011. Note: Most recent 2 months of data are preliminary. • Manufacturing employment changed little in December. • The industry added 136,000 jobs in 2010. Most of the job gains occurred early in the year, and employment has shown little net change since May. 7 Average weekly hours, manufacturing 2000-10 Seasonally adjusted 42.5 42.5 42.0 Production employees 41.5 Change: 0.0 42.0 Level: 41.2 41.5 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, January 7, 2011. 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: 4.0 5.5 5.0 4.5 4.5 4.0 4.0 3.5 3.5 3.0 2.5 All employees Level: 3.1 Change: 0.0 3.0 2.5 2.0 2.0 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 7, 2011. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. • Average weekly hours for all employees in manufacturing edged down by 0.1 hour to 40.2 in December, while the production employee workweek was unchanged at 41.2 hours. • Average weekly overtime hours for both all employees and production employees were unchanged over the month. • Since recent lows in March 2009, the workweek for production employees has increased by 1.8 hours, and production employee overtime has increased by 1.4 hours. 8 Employment in retail trade 2000-10 Seasonally adjusted, in thousands 16,000 16,000 15,500 15,500 15,000 15,000 December 2010 14,500 14,500 Level: 14,475.7 Change: +12.0 14,000 14,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 7, 2011. 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, December 2010 Seasonally adjusted, in thousands Motor vehicle and parts dealers 7.5 Furniture and home furnishings stores 3.8 Retail trade: 12 Electronics and appliance stores -1.2 Building material and garden supply stores 0.7 Food and beverage stores 0.5 Health and personal care stores -7.6 Gasoline stations 0.2 Clothing and clothing accessories stores 6.1 Sporting goods, hobby, book, and music stores 0.6 General merchandise stores 1.4 Miscellaneous store retailers -2.1 Nonstore retailers 2.1 -18 -15 -12 -9 -6 -3 0 3 6 9 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 7, 2011. Note: Data are preliminary. • Retail trade employment was essentially flat in December, although over the year, employment in retail trade has expanded by 116,000. • During December, job gains in motor vehicles and parts dealers (+8,000) offset losses in health and personal care stores (-8,000). Employment in other component industries changed little. 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 December 2010 16,000 Level: 16,854 Change: +7 15,500 16,000 15,500 15,000 15,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 7, 2011. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. 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 December 2010 1,800 Change: +15.9 2,000 Level: 2,219.4 1,800 1,600 1,600 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 7, 2011. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. • Employment in professional and business services continued to trend up in December as job growth continued in temporary help services. • Temporary help services has added 495,000 jobs since a recent low in September 2009. 10 Employment in selected health care industries Over-the-month change, December 2010 Seasonally adjusted, in thousands 20.6 Ambulatory health care services* 13.0 3.3 Offices Officesofofphysicians physicians 2.8 December 2010: +35.7 6.5 Outpatient care centers Outpatient care centers Prior 12-mo. avg.: +20.7 1.3 4.3 Homehealth health care care services Home services 3.5 8.0 Hospitals 3.8 7.1 Nursing and residential care facilities 3.8 -10 0 10 20 30 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 7, 2011. Note: Data are preliminary. * Includes additional component industries not shown separately. • Education and health services added 44,000 jobs over the month; employment in the industry expanded by 422,000 in 2010. • Health care accounted for the majority of December’s employment growth in education and health services as ambulatory health care services (+21,000) and hospitals (+8,000) added jobs. 11 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 December 2010 11,000 11,000 Level: 13,231 Change: +47 10,500 10,500 10,000 10,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 7, 2011. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. 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 45 38.4 30 26.3 20.2 18.6 22.5 13.3 15 2.2 12.3 5.6 0.2 -1.0 -2.0 -30 24.5 16.5 0 -15 -13.2 24.5 -11.3 -7.1 -8.8 -23.4 -1.5 -5.8 -9.7 -13.1 -13.0 -14.9 -13.7 -16.7 -19.4 -14.1 -8.8 -21.8 -23.9 -26.6 -29.6 -30.7 -45 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 7, 2011. Note: Most recent 2 months of data are preliminary. • Leisure and hospitality added 47,000 jobs in December. Since a recent low in December 2009, employment in the industry has increased by 240,000. • Food services and drinking places continued to add jobs in December 2010. Employment in this industry has increased by 188,000 since the most recent trough one year ago. 12
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