Bureau of Labor Statistics Current Employment Statistics Highlights December 2012 Bureau of Labor Statistics January 4, 2013 Employment in total nonfarm January 2000–December 2012 Seasonally adjusted, in thousands 140,000 December 2012 Level: 134,021 Change: 155 138,000 136,000 134,000 132,000 130,000 128,000 126,000 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. 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, January 2008–December 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 87 45 181 192 132 137 161 155 516 600 -800 -1,000 -1,200 -58 -51 -27 -167 -40 -35 -171 -339 -231 -199 -202 -803 -661 -818 -724 -799 -692 -600 -482 -432 -489 -400 -361 -208 -190 -198 -210 -274 -84 -95 -42 0 -200 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. Most recent 2 months of data are preliminary. • Total nonfarm employment rose by 155,000 in December. • In 2012, employment grew by an average of 153,000 per month, the same as the average monthly gain for 2011. 1 Employment in total private January 2000–December 2012 Seasonally adjusted, in thousands 118,000 December 2012 Level: 112,096 Change: 168 116,000 114,000 112,000 110,000 108,000 106,000 104,000 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. 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 private Over-the-month change, January 2008–December 2012 Seasonally adjusted, in thousands 600 141 193 84 92 92 128 115 196 134 140 119 257 261 264 108 102 175 52 216 139 178 234 277 254 147 85 116 63 163 134 122 203 171 168 400 41 200 Jan-08 Jul-08 -296 -219 -184 -232 -725 -787 -802 -426 -425 -480 -797 -800 -1,000 -839 -658 -600 -1,200 -312 -136 -112 -215 -216 -231 -259 -294 -400 -42 -120 -40 -27 0 -200 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. Most recent 2 months of data are preliminary. • In December, total private employment rose by 168,000. In 2012, job growth averaged 159,000 per month, compared to an average monthly gain of 175,000 in 2011. • Since reaching an employment trough in February 2010, the private sector has added 5.3 million jobs, a gain of 5.0 percent. 2 Employment in total nonfarm Over-the-month change, December 2012 Total nonfarm: 155 Seasonally adjusted, in thousands Mining and logging 4 Construction 30 Manufacturing 25 Wholesale trade -0.1 Retail trade -11.3 Transportation and warehousing -0.6 Utilities 1.8 Information -9 Financial activities 9 Professional and business services 19 Education and health services 65 Leisure and hospitality 31 Other services 5 Government -13 -40 -20 0 20 40 60 80 100 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. Note: Data are preliminary. Employment in total nonfarm 34–month2010 change, December2012 2012 February – December Seasonally adjusted, in thousands Mining and logging 162 Construction 35 Manufacturing 526 Wholesale trade 215.4 Retail trade 506.1 Transportation and warehousing 263.2 Utilities 10.8 Information -109 Financial activities 116 1523 1138 -500 Education and health services Other services 77 Government -546 -1,000 Professional and business services Leisure and hospitality 860 -1,500 Total nonfarm: Total4777 nonfarm: 155 Total private: 5323 0 500 1,000 1,500 2,000 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. Note: Data are preliminary. • In December, education and health services contributed more than 40 percent of the total nonfarm job gain. Employment also rose in construction and manufacturing, and employment in both leisure and hospitality and professional and business services continued upward trends. • Since an employment trough in February 2010, nonfarm job gains have totaled 4.8 million. The largest increases have occurred in professional and business services, education and health services, and leisure and hospitality, which together contributed nearly three-fourths of all nonfarm job gains during this period. Government lost 546,000 jobs during this period. 3 Average weekly hours, total private January 2000–December 2012 Seasonally adjusted 35.0 All employees Level: 34.5 Change: 0.1 34.5 34.0 33.5 Production employees Level: 33.8 Change: 0.1 33.0 32.5 32.0 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. Index of aggregate weekly hours Total private, all employees March 2006–December 2012 104 Seasonally adjusted, 2007=100 102 100 98 96 94 92 90 88 Mar-06 December 2012 Level: 96.9 Change: 0.4% Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. Most recent 2 months of data are preliminary. • Average weekly hours for all employees on private nonfarm payrolls rose 0.1 hour in December. Since reaching a trough in October 2009, the average workweek for all employees in the private sector has risen 0.7 hour. • The average workweek for production and nonsupervisory employees on private nonfarm payrolls edged up by 0.1 hour to 33.8 hours. • In December, the employment gain for all private-sector employees combined with the gain in the workweek resulted in a 0.4-percent increase in the index of aggregate weekly hours. Since reaching a trough in October 2009, the index has risen 7.0 percent. 4 Average hourly earnings, all employees, and CPI–U* March 2007–December 2012 Seasonally adjusted 6.0 December 2012 Earnings: 2.1 November 2012 CPI-U: 1.8 Over-the-year percent change 5.0 4.0 3.0 2.0 1.0 0.0 -1.0 -2.0 Total private earnings CPI–U -3.0 Mar-07 Sep-07 Mar-08 Sep-08 Mar-09 Sep-09 Mar-10 Sep-10 Mar-11 Sep-11 Mar-12 Sep-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. Most recent 2 months of data are preliminary. * 1982–84=100 • Average hourly earnings of all employees on private nonfarm payrolls increased by 7 cents in December to $23.73. Over the past 12 months, average hourly earnings have risen by 2.1 percent. • The Consumer Price Index for All Urban Consumers (CPI-U) increased by 1.8 percent from November 2011 to November 2012. 5 Employment in construction Over-the-month change, January 2008–December 2012 Seasonally adjusted, in thousands 30 25 4 3 3 -10 -1 -32 -1 -14 -7 1 -3 -9 -10 -1 -11 -11 -21 -19 -41 -30 -33 -57 -87 -82 -79 -71 -58 -105 -110 -147 -153 -144 -155 -150 -61 -64 -66 -55 -46 -73 -77 -100 -11 -16 -9 -46 -34 -49 -70 -50 26 18 13 7 0 3 7 7 20 23 33 50 30 100 -200 -250 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. Most recent 2 months of data are preliminary. Employment in construction Over-the-month change, December 2012 Construction: 30 Seasonally adjusted, in thousands Residential building 5.8 Nonresidential building 7.0 Heavy and civil engineering -0.7 Residential specialty trades 12.3 Nonresidential specialty trades 5.6 -6 -4 -2 0 2 4 6 8 10 12 14 16 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. Note: Data are preliminary. • Construction added 30,000 jobs in December, with gains in residential specialty trade contractors, in residential building, and in nonresidential building. • Construction employment was up by 45,000 in the fourth quarter of 2012, after changing little in the third quarter. 6 Employment in manufacturing Over-the-month change, January 2008–December 2012 Seasonally adjusted, in thousands 200 -130 -114 -179 -200 -13 -16 7 5 25 52 30 42 28 10 13 7 18 9 -3 3 52 37 26 28 8 12 30 3 -17 -297 -300 -166 -172 -179 -167 -143 -61 -41 -44 -49 -34 -30 -20 -28 -39 -56 -31 -59 -75 -79 -84 -100 -8 0 2 0 9 15 4 8 32 34 10 20 100 -400 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. Most recent 2 months of data are preliminary. Average weekly hours, manufacturing January 2000–December 2012 Seasonally adjusted 42.5 Production employees Level: 41.6 Change: 0.0 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, January 04, 2013. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. • In December, manufacturing employment grew by 25,000, with small gains in a number of component industries. • Manufacturing added 180,000 jobs over the year. • The workweek for all employees in manufacturing edged up by 0.1 hour in December to 40.7 hours. The increase in employment combined with the longer workweek resulted in a 0.5-percent increase in the index of aggregate weekly hours in manufacturing. 7 Employment in durable goods Over-the-month change, December 2012 Durable goods: 11 Seasonally adjusted, in thousands Wood products 1.9 Nonmetallic mineral products 3.5 Primary metals 0.2 Fabricated metal products -0.7 Machinery 2.0 Computer and electronic products 0.0 Electrical equipment and appliances -2.1 Transportation equipment 6.0 Furniture and related products -0.4 Miscellaneous manufacturing 1.1 -4 -2 0 2 4 6 8 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. Note: Data are preliminary. Employment in transportation equipment Over-the-month change, January 2008–December 2012 Seasonally adjusted, in thousands 60 6 12 17 13 0 -3 4 5 5 12 7 4 -6 -3 5 9 10 18 0 -1 -1 -1 -11 -1 6 6 4 1 5 9 16 6 3 -10 -1 -4 -3 -2 -26 -36 -36 -43 -28 -17 -15 -35 -21 -8 -60 -6 0 -1 -40 -23 -19 -20 11 12 16 6 9 20 0 19 40 -80 -100 -100 -120 -140 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. Most recent 2 months of data are preliminary. • Durable goods employment edged up in December, with gains spread across several component industries. • Over the month, motor vehicles and parts contributed 5,000 to the uptick in employment in transportation equipment. 8 Employment in nondurable goods Over-the-month change, December 2012 Seasonally adjusted, in thousands Food manufacturing 4.5 Beverage and tobacco 1.4 Textile mills 0.4 Textile product mills 0.8 Apparel -0.4 Leather products 0.5 Paper products -0.5 Printing 0.4 Petroleum and coal products 0.9 Chemicals 4.3 Plastics and rubber 2.1 -2 -1 Nondurable goods: 14 0 1 2 3 4 5 6 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. Note: Data are preliminary. • Nondurable goods employment grew by 14,000 in December. Since reaching an employment trough in December 2011, the industry has added 38,000 jobs. • Chemicals added 4,000 jobs over the month after a decline of 6,000 jobs in November. 9 Employment in retail trade Over-the-month change, January 2008–December 2012 Seasonally adjusted, in thousands 150 63 37 44 18 24 -11 6 3 -9 34 25 -15 -15 -4 -5 7 14 12 16 27 37 5 8 20 13 3 14 12 5 -11 -11 -27 -46 -35 -8 -23 -61 -71 -94 -132 -99 -99 -100 -150 -200 -45 -52 -47 -44 -60 -68 -52 -23 -43 -71 -50 -12 1 0 3 10 32 25 50 37 68 100 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. Most recent 2 months of data are preliminary. • Employment in retail trade changed little in December, after increasing by 143,000 over the prior 3 months. • Clothing and accessory stores shed 19,000 jobs over the month, after adding 55,000 over the prior 3 months. • In December, employment continued to trend up in automobile dealers and in food and beverage stores. 10 Employment in financial activities January 2000–December 2012 Seasonally adjusted, in thousands 8,600 December 2012 Level: 7,776 Change: 9 8,400 8,200 8,000 7,800 7,600 7,400 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. • Employment in financial activities continued to trend up in December. • Over the year, financial activities added 80,000 jobs. 11 Employment in professional and business services January 2000–December 2012 Seasonally adjusted, in thousands 19,000 December 2012 Level: 18,065 Change: 19 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, January 04, 2013. 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 January 2000–December 2012 Seasonally adjusted, in thousands 3,000 2,800 2,600 2,400 2,200 2,000 1,800 December 2012 Level: 2,550 Change: -1 1,600 1,400 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. • In December, employment continued its upward trend in professional and business services, surpassing its January 2008 peak. • Since reaching a trough in September 2009, employment in the sector has expanded by 1.7 million. • Employment in temporary help services was essentially unchanged in December. 12 Employment in health care Over-the-month change, January 2008–December 2012 Seasonally adjusted, in thousands 60 45 34 38 38 32 4 9 10 20 23 18 19 26 24 23 30 34 36 32 26 18 20 23 22 19 19 16 11 10 11 10 12 15 16 15 15 14 20 19 18 22 22 24 24 28 30 31 23 22 18 19 21 20 32 36 37 33 35 29 30 30 28 40 46 50 0 -10 -20 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. Most recent 2 months of data are preliminary. Employment in selected health care industries Health care industries: 45 Over-the-month change, December 2012 Seasonally adjusted, in thousands Ambulatory health care services˚ 23.0 - Offices of physicians 6.8 - Outpatient care centers 2.9 - Home health care services 5.4 Hospitals 11.7 Nursing and residential care 9.8 -10 -5 0 5 10 15 20 25 30 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. Note: Data are preliminary. ˚Includes additional component industries not shown separately. • Health care employment continued to expand in December, adding 45,000 jobs. • Over the month, employment rose in ambulatory health care services (+23,000), hospitals (+12,000) and nursing and residential care facilities (+10,000). • In 2012, health care employment rose by 338,000. 13 Employment in leisure and hospitality January 2000–December 2012 Seasonally adjusted, in thousands 14,500 14,000 13,500 13,000 12,500 12,000 December 2012 Level: 13,784 Change: 31 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, January 04, 2013. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. Employment in leisure and hospitality Over-the-month change, January 2008–December 2012 Seasonally adjusted, in thousands 100 49 24 14 28 26 29 31 39 45 43 42 30 17 12 20 21 28 36 35 38 26 12 -18 -4 -4 -15 -8 1 -10 -13 -54 -58 -25 -35 -44 -34 -53 -72 -80 -61 -60 -27 -17 -13 -27 -45 -32 -31 -40 -27 -12 -5 -3 0 -20 2 6 10 20 25 24 40 35 57 55 60 57 64 80 -100 -120 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. Most recent 2 months of data are preliminary. • Leisure and hospitality industries continued to add jobs to payrolls in December (+31,000). • Since a trough in January 2010, employment in leisure and hospitality has expanded by 861,000, and the industry’s employment in December was 224,000 above its most recent employment peak, reached in January 2008. 14 Employment in food services and drinking places Over-the-month change, January 2008–December 2012 Seasonally adjusted, in thousands 80 40 38 34 25 20 15 27 8 8 10 25 26 28 24 20 7 5 2 0 1 1 -9 -11 -8 -24 -28 -24 -22 -25 -24 -24 -30 -38 -36 -28 -26 -12 -18 -25 -9 -4 -5 -3 -1 0 -40 35 42 38 30 16 13 15 25 19 6 7 11 20 33 38 40 -20 53 54 60 -60 -80 Jan-08 Jul-08 Jan-09 Jul-09 Jan-10 Jul-10 Jan-11 Jul-11 Jan-12 Jul-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. Most recent 2 months of data are preliminary. • In December, employment in food services and drinking places rose by 38,000, surpassing 10 million for the first time. • In 2012, the industry added an average of 24,000 jobs per month, essentially the same as in 2011. 15 Employment in government January 2000–December 2012 Seasonally adjusted, in thousands 23,500 23,000 22,500 22,000 21,500 21,000 20,500 December 2012 Level: 21,925 Change: -13 20,000 19,500 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Source: Bureau of Labor Statistics, Current Employment Statistics survey, January 04, 2013. Note: Shaded areas represent recessions as determined by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. • Government employment changed little in December. • Government employment is 655,000 below its August 2008 level, when employment in both state and local governments reached peaks. • Although government lost an average 6,000 jobs per month in 2012, the change reflects a deceleration over 2011, when the sector lost an average 22,000 jobs per month. 16
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