Labor line has job news and commentary with a one stop short cut for America’s job markets and job related data including the latest data from the Bureau of Labor Statistics.
Current Job and Employment Data
Total Non-Farm Establishment Jobs up 428,000 to 151,314,000
Total Private Jobs up 406,000 to 129,125,000
Total Government Employment up 22,000 to 22,189,000 Note
Civilian Non-Institutional Population up 115,000 to 263,559,000
Civilian Labor Force down 364,000 to 164,046,000
Employed down 353,000 to 158,105,000
Employed Men down 218,000 to 84,089,000
Employed Women up 25,000 to 74,017,000
Unemployed down 11,000 to 5,941,000
Not in the Labor Force up 478,000 to 99,513,000
Unemployment Rate stayed the same at 3.6% or 5,941/164,046
Labor Force Participation Rate decreased by .2% to 62.2%, or 164,046/263,559
Prices and inflation measured by the Consumer Price Index (CPI) for all Urban Consumers was up by a monthly average of 1.2 percent for 2020.
The CPI April report for the 12 months ending with March shows the
CPI for All Items was up 8.5%
CPI for Food and Beverages was up 8.5%
CPI for Housing was up 6.4%
CPI for Apparel was up 6.8%
CPI for Transportation including gasoline was up 22.6%
CPI for Medical Care was up 2.9%
CPI for Recreation was up 4.8%
CPI for Education was up 1.4%
CPI for Communication was up .8%
This Month’s Establishment Jobs Press Report
The Bureau of Labor Statistics published its May report for jobs in April. The civilian labor force dropped 364 thousand, almost the same decline as the employed, which was down 353 thousand. The unemployed dropped only 11 thousand, which just offset the relative decline the labor force to leave the unemployment rate unchanged at 3.6 percent. The participation rate went down .2 percent to 62.2 percent, after last month’s increase.
The seasonally adjusted total of establishment employment was up 428 thousand for April. The increase was 340 thousand more jobs in the private service sector combined with a 66 thousand increase in jobs from goods production. The total of 406 thousand jobs gained in the private sector combined with an increase of 22 thousand government service jobs accounts for the total increase.
Goods production jobs were up 66 thousand jobs with gains in all three subsectors. Natural resources were up 9 thousand jobs; construction added just 2 thousand. Specialty trade contractors dropped 6.1 thousand jobs offset with 7.4 thousand more jobs in construction to buildings. Manufacturing added 55 thousand jobs with durable goods up 31 thousand jobs including 13.7 thousand jobs in transportation equipment. Nondurable goods jobs increased 24 thousand with the biggest gains in food processing up 7.9 thousand jobs and plastic and rubber products manufacturing up again this month with another 5.7 thousand jobs, more than last month.
Government service employment was up 22 thousand jobs. Federal government employment was off 6 thousand jobs while local government added 21 thousand jobs and state government another 7 thousand. Local public schools added 16.9 thousand new jobs the biggest gains in government but offset by a small decline at the state level of 1.5 thousand jobs. Public education had a net increase of 15.4 thousand jobs combined with 18 thousand new jobs in private sector education employment generating 33.4 thousand more education jobs
Trade, transportation and utilities took first place for new private sector jobs, adding 104 thousand jobs. Wholesale trade was up 22.2 thousand jobs combined with 29.2 thousand more jobs in retail trade. Transportation added 52 thousand jobs, much more than last month. Couriers and messengers added 14.9 thousand jobs; warehousing and storage added another 16.8 thousand jobs, both much bigger than last month. Utilities added 300 thousand jobs.
Leisure and hospitality services had a modest 78 thousand new jobs, down from the last two months. Arts, entertainment and recreation added 11.3 thousand jobs, also down from the last two months. Performing arts and spectator sports had 13.3 thousand new jobs offset by losses in amusements, gambling and recreation. Restaurants had over half the hospitality job gains with 43.8 thousand new jobs, but way down from the last two months. Accommodation picked up 22.3 thousand jobs, another good month for accommodations. Leisure and hospitality at 15.545 million jobs which remains 1.370 million jobs less than its maximum employment which came February 2020.
Professional and business services added 41 thousand more jobs, less than last month. The professional and technical services sub sector gained 35.8 thousand of the jobs while management of companies declined 1.8 thousand jobs. Administrative and support services including waste management had a very small increase of 6.3 thousand jobs. The professional and technical services sub sector had job gains in all subsectors. Scientific research and development had the most new jobs with 7.3 thousand; accounting and bookkeeping services added 5.4 thousand jobs. Even legal services had a good gain adding 4.7 thousand jobs. Computer design and related services had another 4.2 thousand jobs. Job losses of 10.5 thousand in employment services and 3.4 thousand in services to buildings and dwellings dominated administrative service job losses offset by some small gains in other services.
Health care had another slow month for jobs adding just 41 thousand more. Ambulatory care had 27.9 thousand of the jobs. Hospitals added 4.5 thousand jobs; nursing and residential care facilities added 1.9 thousand after last month’s job losses. Social assistance services had only 6.6 thousand new jobs with 4.5 thousand of the jobs in individual and family services, way down from last month. This month the annual health care growth was up to 2.41 percent compared to a 15 year growth rate since the pandemic of just 1.80 percent.
Information services had 12 thousand new jobs down from last month. Motion picture and sound recordings lost 5.7 thousand of the jobs after last month’s big increase. Data processing and hosting services had the biggest gains with 5.3 thousand new jobs. Financial Activities added 35 thousand jobs, way up from last month. Finance and insurance had 27.3 thousand of the jobs with 6.1 thousand more jobs in real estate, 700 new jobs in rental and leasing sub sectors and 900 new jobs in lessors of non-financial assets.
The category, other jobs, had a good month with 11 thousand new jobs including job gains in all three subsectors; repair and maintenance services adding 2.6 thousand jobs; personal and laundry services another 2 thousand jobs; non-profit membership associations up 5.9 thousand more.
The economy added 428 thousand jobs, down just 3 thousand from last month, and another good month for jobs. The total for establishment employment in April 2022 is 151.314 million, generating an annual growth rate of 3.40 percent, twice population growth and a good rate of increase. This month’s job total is 6.62 million above April a year ago but 21.1 million jobs above April two years ago, making clear pandemic job losses have disappeared.
Non Farm Total +428
The Bureau of Labor Statistics (BLS) reported Non-Farm employment for establishments increased from March by 428 thousand jobs for a(n) April total of 151.314 million. (Note 1 below) An increase of 428 thousand each month for the next 12 months represents an annual growth rate of +3.40% The annual growth rate from a year ago beginning April 2021 was +4.58%; the average annual growth rate from 5 years ago beginning April 2017 was +.69%; from 15 years ago beginning April 2007 it was +.62%. America needs growth around 1.5 percent a year to keep itself employed.
Sector breakdown for 12 Sectors in 000’s of jobs
1. Natural Resources +9
Natural Resources jobs including logging and mining were up 9 thousand jobs from March with 613 thousand jobs in April. An increase of 9 thousand jobs each month for the next 12 months would be an annual growth rate of +17.88 percent. Natural resource jobs are up 59 thousand for the 12 months just ended. Jobs in 2000 averaged around 600 thousand with little prospect for growth. This is the smallest of 12 major sectors of the economy with .4 percent of establishment jobs.
2. Construction +2
Construction jobs were up 2 thousand from March with 7.628 million jobs in April. An increase of 2 thousand jobs each month for the next 12 months would be an annual growth rate of +.31 percent. Construction jobs are up 235 thousand for the 12 months just ended. The growth rate for the last 5 years is +1.98%. Construction jobs rank 9th among the 12 sectors with 5.1 percent of non-farm employment.
3. Manufacturing +55
Manufacturing jobs were up 55 thousand from March with 12.657 million jobs in April. An increase of 55 thousand jobs each month for the next 12 months would be an annual growth rate of +5.21 percent. Manufacturing jobs were up for the last 12 months by 489 thousand. The growth rate for the last 5 years is +.51%; for the last 15 years by -.61%. In 1994, manufacturing ranks 6th among 12 major sectors in the economy with 8.4 percent of establishment jobs.
4. Trade, Transportation & Utility +104
Trade, both wholesale and retail, transportation and utility employment were up 104 thousand from March with 28.725 million jobs in April. An increase of 104 thousand jobs each month for the next 12 months would be an annual growth rate of +4.36 percent. Jobs are up by 1.198 million for the last 12 months. Growth rates for the last 5 years are +.93 percent. Jobs in these sectors rank first as the biggest sectors with combined employment of 18.9 percent of total establishment employment.
5. Information Services +12
Information Services jobs were up 12 thousand from March with 2.951 million jobs in April. An increase of 12 thousand jobs each month for the next 12 months would be an annual growth rate of +4.90 percent. (Note 2 below) Jobs are up by 163 thousand for the last 12 months. Information jobs reached 3.7 million at the end of 2000, but started dropping, reaching 3 million by 2004 and has slowly come back to 2.7 million in the last decade. Information Services is a small sector ranking 11th of 12 with 1.9 percent of establishment jobs.
6. Financial Activities +35
Financial Activities jobs were up 35 thousand from March at 8.911 million in April. An increase of 35 thousand each month for the next 12 months would be an annual growth rate of +4.72 percent. Jobs are up 194 thousand for the last 12 months. (Note 3 below) This sector also includes real estate as well as real estate lending. The long term growth rates are now at a 5 year growth rate of +1.20 percent, and a 15 year growth rate of +.45 percent. Financial activities rank 8th of 12 with 5.9 percent of establishment jobs.
7. Business and Professional Services +41
Business and Professional Service jobs went up 41 thousand from March to 22.131 million in April. An increase of 41 thousand each month for the next 12 months would be an annual growth rate of +2.23 percent. Jobs are up 1.188 million for the last 12 months. Note 4 The annual growth rate for the last 5 years was +1.69 percent. It ranks as 2nd among the 12 sectors now. It was 2nd in May 1993, when manufacturing was bigger and second rank now with 14.7 percent of establishment employment.
8. Education including public and private +33
Education jobs went up 33 thousand jobs from March at 14.091 million in April. An increase of 33 thousand jobs each month for the next 12 months would be an annual growth rate of +2.85 percent.. These include public and private education. Jobs are up 566 thousand for the last 12 months. (note 5) The 15 year growth rate equals +.43 percent, slower than the national average. Education ranks 4th among 12 sectors with 9.3 percent of establishment jobs
9. Health Care +41
Health care jobs were up 41 thousand from March to 20.418 million in April. An increase of 41 thousand each month for the next 12 months would be an annual growth rate of +2.41 percent. Jobs are up 364 thousand for the last 12 months. (note 6) The current month has not recovered health care job growth. The health care long term 15 year growth rate has dropped from +2.31 percent to +1.80 percent compared to +2.41 percent for this month’s jobs. Health care ranks 3rd of 12 with 13.5 percent of establishment jobs.
10. Leisure and hospitality +78
Leisure and hospitality jobs were up 78 thousand from March to 15.545 million in April. (note 7) An increase of 78 thousand each month for the next 12 months would be an annual growth rate of +6.05 percent. Jobs are up 1.914 million for the last 12 months. More than 80 percent of leisure and hospitality are accommodations and restaurants assuring that most of the new jobs are in restaurants. Leisure and hospitality ranks 7th of 12 with 10.3 percent of establishment jobs. It moved up to 7th from 4th in the pandemic decline.
11. Other +11
Other Service jobs, which include repair, maintenance, personal services and non-profit organizations went up 11 thousand from March to 5.673 million in April. An increase of 11 thousand each month for the next 12 months would be an annual growth rate of +2.33 percent. Jobs are up 294 thousand for the last 12 months. (note 8) Other services had +.22 percent growth for the last 15 years. These sectors rank 10th of 12 with 3.8 percent of total non-farm establishment jobs.
12. Government, excluding education +8
Government service employment went up 8 thousand from March at 11.870 million jobs in April. An increase of 8 thousand each month for the next 12 months would be an annual growth rate of +.77 percent. Jobs are down 39 thousand for the last 12 months. (note 9) Government jobs excluding education tend to increase slowly with a 15 year growth rate of -.01 percent. Government, excluding education, ranks 7th of 12 with 8.0 percent of total non-farm establishment jobs.
(1) The total cited above is non-farm establishment employment that counts jobs and not people. If one person has two jobs then two jobs are counted. It excludes agricultural employment and the self employed. Out of a total of people employed agricultural employment typically has about 1.5 percent, the self employed about 6.8 percent, the rest make up wage and salary employment. Jobs and people employed are close to the same, but not identical numbers because jobs are not the same as people employed: some hold two jobs. Remember all these totals are jobs. back
(2) Information Services is part of the new North American Industry Classification System(NAICS). It includes firms or establishments in publishing, motion picture & sound recording, broadcasting, Internet publishing and broadcasting, telecommunications, ISPs, web search portals, data processing, libraries, archives and a few others.back
(3) Financial Activities includes deposit and non-deposit credit firms, most of which are still known as banks, savings and loan and credit unions, but also real estate firms and general and commercial rental and leasing.back
(4) Business and Professional services includes the professional areas such as legal services, architecture, engineering, computing, advertising and supporting services including office services, facilities support, services to buildings, security services, employment agencies and so on.back
(5) Education includes private and public education. Therefore education job totals include public schools and colleges as well as private schools and colleges. back
(6) Health care includes ambulatory care, private hospitals, nursing and residential care, and social services including child care. back
(7) Leisure and hospitality has establishment with arts, entertainment and recreation which has performing arts, spectator sports, gambling, fitness centers and others, which are the leisure part. The hospitality part has accommodations, motels, hotels, RV parks, and full service and fast food restaurants. back
(8) Other is a smorgasbord of repair and maintenance services, especially car repair, personal services and non-profit services of organizations like foundations, social advocacy and civic groups, and business, professional, labor unions, political groups and political parties. back
(9) Government job totals include federal, state, and local government administrative work but without education jobs. back
Jobs are not the same as employment because jobs are counted once but one person could have two jobs adding one to employment but two to jobs. Also the employment numbers include agricultural workers, the self employed, unpaid family workers, household workers and those on unpaid leave. Jobs are establishment jobs and non-other. back