Bureau of Labor Statistics Current Employment Statistics Highlights February 2011 Bureau of Labor Statistics March 4, 2011 Employment in total nonfarm 2000-11 Seasonally adjusted, in thousands 140,000 137,500 135,000 132,500 130,000 127,500 February 2011 125,000 Level: 130,515 Change: +192 122,500 120,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, March 4, 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-month change, 2008-11 Seasonally adjusted, in thousands 600 458 450 277 300 192 171 150 0 -150 -300 -450 -600 93 13 -39 -35 -55 -130 -83 -72 -185 -178 -233 -231 -267 -231-236-221 -300 63 -49 -59 -29 -192 -386 -434 -509 -502 -619 -750 -900 192 152 -802 -660 -726 -796 -820 Source: Bureau of Labor Statistics, Current Employment Statistics survey, March 4, 2011. Note: Most recent 2 months of data are preliminary. • Nonfarm payroll employment rose by 192,000 in February. Since a recent low in February 2010, employment has grown by 1.3 million, or an average 106,000 per month. 1 Employment in total private Over-the-month change, 2008-11 Seasonally adjusted, in thousands 450 300 229 144 150 0 -150 -300 -450 -600 48 65 4 167 143128 93 110109 222 68 -34 -42 -21 -102 -87 -128 -186 -240-217 -265 -317 -215-213 -250 -326 -434 -491 -287 -438 -636 -750 -787 -900 -721 -787-773 -841 Source: Bureau of Labor Statistics, Current Employment Statistics survey, March 4, 2011. Note: Most recent 2 months of data are preliminary. Employment in total nonfarm Over-the-month change, February 2011 Seasonally adjusted, in thousands Mining and logging 4 Construction 33 Manufacturing 33 Wholesale trade 12 Retail trade -8 Transportation and warehousing 22 Utilities 1 Information 0 Financial activities 3 Professional and business services 47 Education and health services 40 Leisure and hospitality 21 Other services Total nonfarm: +192 14 Government -30 -50 -25 0 25 50 75 100 Source: Bureau of Labor Statistics, Current Employment Statistics survey, March 4, 2011. Note: Data are preliminary. • Employment in the private sector rose by 222,000 in February. In the past 12 months, the private sector has added 1.5 million jobs – an average of 127,000 per month. • In February, job gains occurred in construction, manufacturing, transportation and warehousing, healthcare, and professional and business services. 2 Average weekly hours, total private 2000-11 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, March 4, 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 2006-11 105 Seasonally adjusted, 2007=100 100 95 90 February 2011 Level: 92.8 Percent change: +0.2 85 Source: Bureau of Labor Statistics, Current Employment Statistics survey, March 4, 2011. Note: Most recent 2 months of data are preliminary. • During February, 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. • The index of aggregate weekly hours for all employees rose by 0.2 percent over the month. Since reaching a low point in October 2009, the index has increased by 2.4 percent. 3 Over-the-year percent change in average hourly earnings of all employees and CPI-U (1982-84), 2007-11 Seasonally adjusted 8.0 Over-the-year percent changes 6.0 February 2011 AHE: 1.7 January 2011 CPI-U: 1.7 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, March 4, 2011. Note: Most recent 2 months of data are preliminary. Index of total private aggregate weekly payrolls of all employees 2006-11 105 Seasonally adjusted, 2007=100 100 95 90 February 2011 Level: 101.2 Percent change: +0.2 85 Source: Bureau of Labor Statistics, Current Employment Statistics survey, March 4, 2011. Note: Most recent 2 months of data are preliminary. • Average hourly earnings of all employees in the private sector were changed little in February, following a 9-cent gain in January. Hourly earnings are up 1.7 percent over the year. • Between January 2010 and January 2011, the consumer price index for all urban consumers (CPI-U) increased by 1.7 percent. • In February, the index of aggregate weekly payroll for all employees rose by 0.2 percent. Since reaching a low in June 2009, the index has increased by 5.0 percent. 4 Employment in construction Over-the-month change, 2008-11 Seasonally adjusted, in thousands 50 33 20 17 16 0 -15 -50 -18 -39 -30 -31 -42 -65 -69 -56 -57 -73 -75 -78 -79 -100 -68 -6 -2 -8 -6 -22 -37 -44 -55 -56 -11 -62 -52 -96 -101 -113 -150 -154 -144 -138 -162 -200 Source: Bureau of Labor Statistics, Current Employment Statistics survey, March 4, 2011. Note: Most recent 2 months of data are preliminary. • Construction employment rose by 33,000 in February, following a decline of 22,000 in January. The January figure may have been impacted by severe weather. • Average weekly hours of construction workers grew by 0.9 hour in February to 38.5, partially offsetting a decrease of 1.0 in January. 5 Employment in construction Over-the-month change, February 2011 Seasonally adjusted, in thousands 20 16.7 February 2011 15 Prior 12-mo. avg. 11.0 10 4.5 5 2.2 1.7 0 -0.3 -2.3 -2.0 -3.0 -5 -5.1 -10 Residential building Nonresidential building Heavy and civil engineering Residential specialty trades Nonresidential specialty trades Source: Bureau of Labor Statistics, Current Employment Statistics survey, March 4, 2011. Note: Data are preliminary. Employment in selected construction industries 2001-11 Seasonally adjusted, in thousands 3,000 8,000 7,000 2,000 1,500 6,500 Residential specialty trade contractors Nonresidential specialty trade contractors 6,000 Construction employment Specialty trade employment 7,500 2,500 5,500 Construction 5,000 1,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, March 4, 2011. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. • Over the month, employment increased in both residential and nonresidential specialty trade contractors. • Employment in nonresidential specialty trade contractors peaked in February 2008 and fell by 619,000 jobs through February 2010; since then, employment has remained unchanged. • Employment in residential specialty trade contractors peaked 2 years ahead of nonresidential specialty trade contractors and fell by nearly 1 million through October 2010. Employment in residential specialty trade contractors is up 21,000 over the past 4 months. 6 Employment in manufacturing Over-the-month change, 2008-11 Seasonally adjusted, in thousands 100 38 50 9 0 -100 53 27 32 15 11 12 -3 -12 -50 9 -34 -38 -33 -56 -56 -68 -54 -46 -49 -51 -44 -28 33 -6 -6 -29 -85 -88 -121 -131 -150 -140 -175 -200 -171-175-173-172 -250 -300 -284 -350 Source: Bureau of Labor Statistics, Current Employment Statistics survey, March 4, 2011. Note: Most recent 2 months of data are preliminary. Average weekly hours, manufacturing 2000-11 Seasonally adjusted 42.5 42.0 41.5 42.5 Production employees 42.0 Level: 41.2 41.5 Change: +0.1 41.0 41.0 40.5 40.5 40.0 40.0 39.5 All employees Level: 40.5 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, March 4, 2011. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. • Manufacturing employment continued to increase in February (+33,000). Since reaching an employment low in December 2009, manufacturers have added 195,000 positions. • Average weekly hours of all employees in manufacturing rose by 0.1 hour in February. The factory workweek for production employees also increased by 0.1 hour in February. 7 Employment in durable goods manufacturing Over-the-month change, February 2011 Seasonally adjusted, in thousands Wood products 3 Nonmetallic mineral products Durable goods: 30 2 Primary metals 4 Fabricated metal products 7 Machinery 9 Computer and electronic products 1 Electrical equipment and appliances 0 Transportation equipment 3 Furniture and related products -1 Miscellaneous manufacturing 1 -6 -4 -2 0 2 4 6 8 10 Source: Bureau of Labor Statistics, Current Employment Statistics survey, March 4, 2011. Note: Data are preliminary. Employment in nondurable goods manufacturing Over-the-month change, February 2011 Seasonally adjusted, in thousands Food manufacturing 4 Beverage and tobacco 2 Textile mills 1 Textile product mills 0 Apparel -1 Leather products 1 Paper products Nondurable goods: 3 0 Printing -2 Petroleum and coal products 1 Chemicals 1 Plastics and rubber -2 -6 -4 -2 0 2 4 6 Source: Bureau of Labor Statistics, Current Employment Statistics survey, March 4, 2011. Note: Data are preliminary. • Durable goods manufacturing boosted employment by 30,000 in February. Employment gains in February were concentrated in machinery (+9,000) and fabricated metal products (+7,000). • Since a recent employment trough in December 2009, durable goods industries have added 233,000 jobs to payrolls. • Employment in nondurable goods industries changed little in February. 8 Employment in retail trade Over-the-month change, 2008-11 Seasonally adjusted, in thousands 90 60 35.1 24.9 15.9 30 -8.0 -30 -60 -90 6.2 0.4 0 -13.2 -18.7 -19.9 -47.2 -34.7 -44.7 -60.8 -68.1 -13.8 -41.0 -50.4 -16.5-19.2 -3.3 -12.5 30.6 26.3 17.7 10.8 -6.7 -15.6 -8.1 -47.6-47.1 -63.3 -60.0 -68.8 -90.8 -78.2 -86.4 -103.8 -120 -130.4 -150 Source: Bureau of Labor Statistics, Current Employment Statistics survey, March 4, 2011. Note: Most recent 2 months of data are preliminary. • Retail trade employment changed little in February. Since reaching an employment trough in December 2009, the industry has added 122,000 jobs. 9 Employment in transportation and warehousing Over-the-month change, 2008-11 Seasonally adjusted, in thousands 60 50.1 40 1.5 0.4 0 -4.3 -20 22.1 19.2 20 8.3 5.6 1.0 -2.9 -5.4 -13.1 -14.0 -12.1 -12.1 -17.1 -18.6 -20.2 -23.7 4.8 -2.8 9.010.59.0 8.3 22.0 3.8 -0.7 -12.5 -14.8 -27.3 -33.9 -40 -41.0 -40.3 -39.5 -39.5 -45.1 -44.4 -60 Source: Bureau of Labor Statistics, Current Employment Statistics survey, March 4, 2011. Note: Most recent 2 months of data are preliminary. • Transportation and warehousing employment grew by 22,000 in February. Over the past 12 months, this industry has added 103,000 jobs. • In February, half of the employment increase in transportation and warehousing can be attributed to growth in truck transportation. 10 Employment in financial activities Over-the-month change, 2008-11 Seasonally adjusted, in thousands 15 5 0 0 0 0 -2 -6 -7 -15 -11 -11 -7 -12 -13 -17 -30 -45 -20 -23 -30 -33 -25 -12 -14 -8 -9 -16 -14 -12 -10 1 3 1 -1 -12 -25 -34 -42 -45 -52 -53 -51 -60 Source: Bureau of Labor Statistics, Current Employment Statistics survey, March 4, 2011. Note: Most recent 2 months of data are preliminary. • In February, employment in financial activities changed little. The industry’s employment trend has shown relative improvement, with average monthly job losses decelerating from 7,000 in the 6 months ending in August 2010 to essentially no change in the past 6 months. 11 Employment in professional and business services Over-the-month change, 2008-11 Seasonally adjusted, in thousands 125 85 7 3 -6 -125 40 30 25 35 47 8 2 -6 -2 -29 -26 -34 -75 58 43 26 31 31 25 -25 69 66 75 -59 -45 -71 -64 -77 -61 -68 -113 -108 -110 -130 -151 -175 -181 -150 -183 -225 Source: Bureau of Labor Statistics, Current Employment Statistics survey, March 4, 2011. Note: Most recent 2 months of data are preliminary. • Employment in professional and business services expanded by 47,000 over the month, and has increased by 601,000 since reaching a trough in September 2009. 12 Employment in selected professional and business services Over-the-month change, February 2011 Seasonally adjusted, in thousands Professional and technical* Professional and technical* 10 Accounting and bookkeeping Professional and business services: +47 -2.3 Architectural and engineering 3.1 Computer systems design 4.2 Management and technical consulting 6.6 Management of companies Management of companies 0.9 Administrative Administrativeand andwaste wasteservices* services* 36.4 Employment services 28.6 Services to buildings -1.5 -20 -10 0 10 20 30 40 50 60 Source: Bureau of Labor Statistics, Current Employment Statistics survey, March 4, 2011. Note: Data are preliminary. * Includes additional component industries not shown separately. Employment in temporary help services Over-the-month change, 2008-11 Seasonally adjusted, in thousands 120 90 59.3 56.6 47.5 60 38.0 30 -4.9 -30 -60 -7.0 -15.5 -28.7 -34.6 -120 -2.8 15.5 -4.9 -17.3 -24.0 -29.8 -32.3 -28.6 -34.5 -40.6 -66.9 -90 27.226.8 16.919.9 6.7 3.0 0 43.1 30.2 30.0 22.7 21.1 18.6 -54.7-56.2 -66.6 -73.4 -77.9 -113.8 -150 Source: Bureau of Labor Statistics, Current Employment Statistics survey, March 4, 2011. Note: Most recent 2 months of data are preliminary. • In February, job gains in professional and business services were concentrated in employment services. • Since September 2009, employment growth in professional and business services has been driven primarily by temporary help services. 13 Employment in selected health care industries Over-the-month change, February 2011 Seasonally adjusted, in thousands 16.9 Ambulatory health care services* 13.3 1.5 Offices Officesofofphysicians physicians 2.1 February 2011: +34.3 2.6 Outpatient care centers Outpatient care centers Prior 12-mo. avg.: 21.7 2.4 7.5 Homehealth health care care services Home services 3.8 2.1 Hospitals 2.8 15.3 Nursing and residential care facilities 5.6 -10 0 10 20 Source: Bureau of Labor Statistics, Current Employment Statistics survey, March 4, 2011. Note: Data are preliminary. * Includes additional component industries not shown separately. • Health care employment continued to increase in February (+34,000). Over the past 12 months, health care has added 278,000 jobs, or an average of 23,000 jobs per month. • In February, employment gains in health care were concentrated in ambulatory health care services (+17,000) and nursing and residential care facilities (+15,000). 14 Employment in leisure and hospitality Over-the-month change, 2008-11 Seasonally adjusted, in thousands 75 52 50 39 31 38 35 23 25 2 2 1 0 -1 -3 -25 -9 -22 -29 -50 -75 21 17 -12 -3 -5 -15 -31 -34 -35 -34 -51 -3 -14 -24 -24 -28 -30 -8 -17 -55 -51 -56 -50 -63 Source: Bureau of Labor Statistics, Current Employment Statistics survey, March 4, 2011. Note: Most recent 2 months of data are preliminary. • Leisure and hospitality employment edged up by 21,000 in February. Since reaching a low in January 2010, employment in leisure and hospitality has increased by 161,000, with food services accounting for most of the job gains during this period. 15 Employment in selected government industries Over-the-month change, February 2011 Seasonally adjusted, in thousands 7.5 Federal, except U.S. Postal Service* 1.9 -7.3 U.S. Postal Service U.S. Postal Service -2.8 -5 State State government government education education 3.5 -6.3 State, government, excluding education -3.6 -11.7 Local government government education education Local -9.8 February 2011: -30 -6.3 Local government, excluding education Prior 12-mo. avg.: -20 -9.4 -15 -5 5 15 Source: Bureau of Labor Statistics, Current Employment Statistics survey, March 4, 2011. Note: Data are preliminary. * Includes additional component industries not shown separately. Employment in state and local government 2007-2011 15,000 5,400 14,800 Local 14,600 5,300 14,400 5,200 Local government State government Seasonally adjusted, in thousands 5,500 State 5,100 14,200 5,000 14,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, March 4, 2011. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. • Government payroll employment edged down in February (-30,000). In the past 12 months, employment in government has decreased by 257,000. • Over the month, the majority of the employment losses were concentrated in local government (-18,000). Since a recent peak in September 2008, local government employment has declined by 377,000. 16
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