Bureau of Labor Statistics Current Employment Statistics Highlights June 2012 Bureau of Labor Statistics July 6, 2012 Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Employment in total nonfarm January 2000–June 2012 Seasonally adjusted, in thousands 139,000 June 2012 Level: 133,088 Change: 80 137,000 135,000 133,000 131,000 129,000 127,000 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Employment in total nonfarm February 2010–June 2012 net change Total nonfarm: Total nonfarm: 3,844 Total private: 80 4,372 Seasonally adjusted, in thousands Mining and logging 168 Construction -20 Manufacturing 500 Wholesale trade 188 Retail trade 353 Transportation and warehousing 227 Utilities 9 Information -106 Financial activities 77 1353 Leisure and hospitality 669 Other services 54 Government -528 -1,000 -500 Professional and business services Education and health services 900 0 500 1,000 1,500 2,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Note: Data are preliminary. Total nonfarm employment continued to edge up in June (+80,000). In the second quarter of 2012, employment was up by an average of 75,000 per month, compared with an average monthly gain of 226,000 for the first quarter of the year. In the first half of 2012, job gains averaged 150,000 per month, about the same as the average monthly increase in 2011. 1 Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Employment in total nonfarm Over-the-month change, January 2008–June 2012 Seasonally adjusted, in thousands 800 220 246 251 54 84 96 85 121 120 110 41 200 220 189 239 400 202 112 157 223 275 259 143 68 77 80 516 600 -58 -51 -27 -40 -35 -167 -231 -199 -202 -339 -361 -803 -800 -818 -724 -799 -692 -661 -600 -482 -432 -489 -400 -171 -84 -95 -208 -190 -198 -210 -274 -200 -42 0 -1,000 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Most recent 2 months of data are preliminary. Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Employment in total nonfarm Over-the-month change, June 2012 Total nonfarm: 80 Seasonally adjusted, in thousands Mining and logging 0 Construction 2 Manufacturing 11 Wholesale trade 8.8 Retail trade -5.4 Transportation and warehousing -2.2 Utilities 1.9 Information -8 Financial activities 5 Professional and business services 47 Education and health services 2 Leisure and hospitality 13 Other services 9 Government -4 -20 0 20 40 60 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Note: Data are preliminary. Since the most recent trough in February 2010, total nonfarm employment has risen by 3.8 million, and total private employment has grown by 4.4 million. Since an employment trough in February 2010, most nonfarm job gains have come in professional and business services, health care, and leisure and hospitality. In June, employment rose in professional and business services and healthcare, but changed little in most other major industries over the month. 2 Emba rgo ed p re- rel ease u nt il 07 -06 -2 012 8: 30 AM ( EDT) Emba rgo ed p re- rel ease u nt il 07 -06 -2 012 8: 30 AM ( EDT) Average Average weekly weekly hours, hours, total total private private January January 2000–June 2000–June 2012 2012 Seasonally Seasonallyadjusted adjusted 35.0 35.0 All Allemployees employees Level: Level: 34.5 34.5 Chang Change:e:00.1.1 34.5 34.5 34.0 34.0 33.5 33.5 Produc Production tionempl employees oyees Level: Level: 33.8 33.8 Chang e: 0 .1 Chang e: 0 .1 33.0 33.0 32.5 32.5 32.0 32.0 Ja Jan-00 n-00 Ja Jan-02 n-02 Jan-04 Jan-04 Jan-06 Jan-06 Jan-08 Jan-08 Jan-10 Jan-10 JanJan-12 12 S ource: Bu reau of Labor Statistics, Curr ent Emplo yment Statistics survey, Jul y 06, 201 2. S ource: Bu reau of Labor Statistics, Curr ent Emplo yment Statistics survey, Jul y 06, 201 2. No te: Shad ed a reas r epresent recessions as determined by the Na ti onal Bureau of Economi c Re sear ch. Most No te: Shad ed a reas r epresent recessions as determined by the Na ti onal Bureau of Economi c Re sear ch. Most r ece nt 2 months of data are pr eliminary. r ece nt 2 months of data are pr eliminary. Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Index of aggregate weekly hours Total private, all employees March 2006–June 2012 Seasonally adjusted, 2007=100 102 100 98 96 94 92 June 2012 Level: 96.1 Change: 0.4% 90 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Most recent 2 months of data are preliminary. Average weekly hours for all employees on private nonfarm payrolls increased 0.1 hour to 34.5 hours in June. Average weekly hours for production and nonsupervisory employees on private nonfarm payrolls also increased 0.1 hour, to 33.8 hours. The index of aggregate weekly hours for all employees on private nonfarm payrolls increased by 0.4 percent in June and has shown little change thus far in 2012. 3 Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Average hourly earnings, all employees, and CPI–U* March 2007–June 2012 Seasonally adjusted 6.0 June 2012 Earnings: 2.0 May 2012 CPI-U: 1.7 Over-the-year percent change 5.0 4.0 3.0 2.0 1.0 0.0 -1.0 -2.0 Total private earnings -3.0 Mar-07 Sep-07 Mar-08 CPI–U Sep-08 Mar-09 Sep-09 Mar-10 Sep-10 Mar-11 Sep-11 Mar-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Most recent 2 months of data are preliminary. * 1982–84=100 Average hourly earnings of all employees on private nonfarm payrolls increased by 6 cents in June to $23.50. Over the past 12 months, average hourly earnings have increased by 2.0 percent. In May, the Consumer Price Index for All Urban Consumers (CPI-U) had an over-the-year increase of 1.7 percent. From the latter part of 2010 until the end of 2011, price increases outpaced increases in hourly earnings; however, since the third quarter of 2011 this divergence has diminished. 4 Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Employment in mining and logging January 2000–June 2012 Seasonally adjusted, in thousands 874 824 774 724 674 624 June 2012 Level: 843 Change: 0 574 524 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Employment in construction Over-the-month change, January 2008–June 2012 Seasonally adjusted, in thousands 30 2 -1 -14 -35 -9 -3 -10 -11 -11 -21 -41 -19 -7 1 -58 -87 -82 -79 -71 -105 -110 -147 -155 -150 -153 -144 -100 -61 -64 -57 -49 -66 -55 -46 -73 -77 -70 -46 -34 -30 -33 -11 -16 -9 -1 0 -50 26 18 13 7 3 7 7 20 23 33 50 -200 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Most recent 2 months of data are preliminary. In June, employment in mining and logging was flat, continuing a recent trend of little change in the industry. Construction employment changed little in June. An employment gain in specialty trade contractors was offset by small declines in residential building construction and heavy and civil engineering construction. 5 Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Employment in manufacturing Over-the-month change, January 2008–June 2012 Seasonally adjusted, in thousands -41 -44 -49 -34 -30 -200 52 30 42 3 9 10 9 11 28 30 -3 8 12 3 9 15 2 0 -61 -179 -150 -166 -172 -179 -167 -143 -100 -130 -114 -50 -20 -28 -39 -56 -31 -59 -75 -79 -84 -8 0 -17 4 8 32 34 10 20 50 37 26 28 52 100 -250 -297 -300 -350 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Most recent 2 months of data are preliminary. Manufacturing employment continued to trend up in June (+11,000). In the past 3 months, manufacturing employment gains have averaged 10,000, well below the average monthly gains seen in the first quarter of 2012 (+41,000). 6 Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Employment in transportation equipment Over-the-month change, January 2008–June 2012 Seasonally adjusted, in thousands 7 4 4 12 4 9 5 -11 -3 6 6 4 1 5 -1 -1 -1 9 10 7 13 18 16 11 -10 -6 -1 -1 0 -43 -36 -36 -26 -17 -15 -28 -35 -40 -21 -20 -23 -19 -8 -4 -3 -2 -1 0 0 3 6 6 9 20 12 16 19 40 -60 -80 -100 -100 -120 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Most recent 2 months of data are preliminary. In June, employment in transportation equipment increased by 7,000. This movement is in line with the industry’s recent trend. Job gains have averaged 7,000 per month since January 2011. Within the transportation equipment industry, motor vehicle and parts has contributed most of the job growth during this period. 7 Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Average weekly hours, manufacturing January 2000–June 2012 Seasonally adjusted 42.5 Production employees Level: 41.7 Change: 0.1 42.0 41.5 41.0 40.5 40.0 39.5 All employees Level: 40.7 Change: 0.1 39.0 38.5 38.0 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Average weekly overtime hours, manufacturing January 2000–June 2012 Seasonally adjusted 6.0 Production employees Level: 4.3 Change: 0.1 5.5 5.0 4.5 4.0 3.5 3.0 All employees Level: 3.3 Change: 0.0 2.5 2.0 1.5 1.0 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. The manufacturing workweek for all employees increased by 0.1 hour to 40.7 hours. Average weekly hours for production employees in manufacturing also increased by 0.1 hour to 41.7 hours. Overtime hours for all employees in manufacturing remained unchanged for June 2012, while overtime hours for production employees increased by 0.1 hour to 4.3 hours. 8 Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Employment in retail trade January 2000–June 2012 Seasonally adjusted, in thousands 16,000 15,800 15,600 15,400 15,200 15,000 14,800 14,600 June 2012 Level: 14,747 Change: -5 14,400 14,200 14,000 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. Retail trade employment was essentially flat in June (-5,000). Modest employment increases in several component industries were offset by a decline in general merchandise stores employment (-12,000). 9 Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Employment in professional and business services January 2000–June 2012 Seasonally adjusted, in thousands 19,000 June 2012 Level: 17,895 Change: 47 18,500 18,000 17,500 17,000 16,500 16,000 15,500 15,000 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Employment in professional and business services Over-the-month change, January 2008–June 2012 24 47 72 79 89 45 5 8 18 41 39 39 40 59 88 50 56 55 23 46 49 45 79 32 56 44 -64 -100 -133 -148 -116 -120 -184 -200 -184 -144 -150 -3 -31 -22 -41 -61 -71 -70 -100 -68 -63 -50 -40 -1 0 0 1 8 14 29 50 67 100 79 82 Seasonally adjusted, in thousands -250 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Most recent 2 months of data are preliminary. In June, employment in professional and business services grew by 47,000. Industry employment has grown by 1.5 million or 46,000 per month since the most recent low point in September 2009. In the second quarter of 2012, employment increased by an average of 39,000 per month, compared with an average monthly gain of 62,000 during the first quarter of the year. 10 Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Employment in selected professional and business services Over-the-month change, June 2012 Seasonally adjusted, in thousands Professional and business services: 47 Professional and technical˚ 18.2 - Accounting and bookkeeping -4.2 - Architectural and engineering 1.5 - Computer systems design 6.6 - Management and technical consulting 8.9 Management of companies 4.6 Administrative and waste services˚ 24.4 - Employment services 22.5 - Services to buildings -6.3 -10 0 10 20 30 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Note: Data are preliminary. ˚Includes additional component industries not shown separately. Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Employment in temporary help services January 2000–June 2012 Seasonally adjusted, in thousands 3,000 2,800 2,600 2,400 2,200 2,000 1,800 1,600 June 2012 Level: 2,534 Change: 25 1,400 1,200 1,000 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. In June, slightly more than half of the job gain in professional and business services came in administrative and waste services. Temporary help services accounted for a large portion of those employment gains (+25,000). Temporary help services has recovered 86 percent of the jobs lost during the most recent downturn. 11 Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Employment in health care Over-the-month change, January 2008–June 2012 Seasonally adjusted, in thousands 46 50 36 36 33 18 19 23 26 24 26 28 20 22 16 19 19 13 12 10 11 10 11 10 15 16 15 15 14 15 23 22 22 23 20 24 19 18 23 18 19 21 22 25 20 32 32 32 30 31 33 34 35 28 30 29 30 35 37 40 38 45 4 5 0 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Most recent 2 months of data are preliminary. Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Employment in selected health care industries Over-the-month change, June 2012 Seasonally adjusted, in thousands Ambulatory health care services˚ 4.8 - Offices of physicians -3.4 - Outpatient care centers 4.0 - Home health care services 3.6 Hospitals 3.7 Nursing and residential care 4.5 -6 -4 Health care industries: 13 -2 0 2 4 6 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Note: Data are preliminary. ˚Includes additional component industries not shown separately. Health care employment continued to trend up in June (+13,000). Jobs gains were spread broadly through healthcare industries, although employment edged down in offices of physicians. 12 Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Employment in leisure and hospitality January 2000–June 2012 Seasonally adjusted, in thousands 14,000 13,500 13,000 12,500 12,000 June 2012 Level: 13,593 Change: 13 11,500 11,000 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Employment in leisure and hospitality Over-the-month change, January 2008–June 2012 Seasonally adjusted, in thousands 45 43 39 42 30 13 17 12 20 28 36 35 57 21 26 12 -15 -18 -10 -8 -4 -7 1 -25 -34 -27 -35 -58 -61 -72 -54 -44 -53 -60 -27 -13 -17 -13 -45 -40 -27 -32 -31 -12 -5 -3 0 -20 2 6 10 20 25 24 40 35 38 55 60 57 64 80 -80 -100 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Most recent 2 months of data are preliminary. Leisure and hospitality employment changed little for a third consecutive month. Employment in food services and drinking places continued to trend up in June (+15,000), while employment in arts, entertainment, and recreation and in accommodation both showed little change. 13 Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Employment in government January 2000–June 2012 Seasonally adjusted, in thousands 24,000 23,500 23,000 22,500 22,000 21,500 21,000 June 2012 Level: 21,943 Change: -4 20,500 20,000 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Employment in selected government Over-the-month change, June 2012 Government: -4 Seasonally adjusted, in thousands Federal, except U.S. Postal Service -6.2 U.S. Postal Service -0.9 State government education 0.0 State government, excluding education -0.8 Local government education -14.2 18.1 -20 -10 0 10 Local government, excluding education 20 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Note: Data are preliminary. Government employment changed little in June. An employment decline in local government education (-14,000) was offset by a job gain in local government, excluding education (+18,000). 14 Embargoed pre-release until 07-06-2012 8:30 AM (EDT) Employment in local government, excluding education Over-the-month change, January 2008–June 2012 18 22 27 23 Seasonally adjusted, in thousands 9 6 8 0 0 -1 -2 -3 -4 -4 -3 -6 -5 -3 -8 -14 -9 -11 -16 -17 -9 -9 -6 -6 -4 -22 -22 -18 -17 -11 -14 -7 -6 -7 -6 -8 -13 -23 -4 -2 -1 -3 -1 -3 0 1 0 3 5 5 6 7 8 11 10 17 -33 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, July 06, 2012. Most recent 2 months of data are preliminary. Employment in local government excluding educations has increased over the past 3 months. The recent employment gains follow roughly 2 years of steadily diminishing job losses. 15
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