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 266,000 to 144,308,000
Total Private Jobs up 122,000 to 122,717,000
Total Government Employment up 48,000 to 21,591 Note
Civilian Non-Institutional Population up 100,000 to 261,103,000
Civilian Labor Force up 430,000 to 160,988,000
Employed up 328,000 to 151,176,000
Employed Men up 336,000 to 80,017,000
Employed Women down 8,000 to 71,159,000
Unemployed up 102,000 to 9,812,000
Not in the Labor Force down 330,000 to 100,115,000
Unemployment Rate increased by .1 % to 6.1% or 9,812/160,988
Labor Force Participation Rate increased by .2% to 61.7%, or 160,988/261,103
Prices and inflation measured by the Consumer Price Index (CPI) for all Urban Consumers was up by a monthly average of 2.3 percent for 2019.
The CPI April report for the 12 months ending with March shows the
CPI for All Items was up 2.6%
CPI for Food and Beverages was up 3.4%
CPI for Housing was up 2.1%
CPI for Apparel was down 2.5%
CPI for Transportation including gasoline was up 5.8%
CPI for Medical Care was up 1.8%
CPI for Recreation was up 1.1%
CPI for Education was up .8%
CPI for Communication was up 2.1%
This Month’s Establishment Jobs Press Report
The Bureau of Labor Statistics published its May report for jobs in April. The civilian labor force increased by 430 thousand, mostly from people returning to the labor force and some population growth. The unemployed increased by 102 thousand while 328 thousand found employment. The increase in the unemployed was enough to bring an increase in the unemployment rate. It was up .1 to 6.1 percent. The participation rate was up .2 to 61.7 percent.
The seasonally adjusted total of establishment employment was up 266 thousand for April. The increase was 234 thousand more jobs in the private service sector combined with a(n) 16 thousand decrease in jobs from goods production. The total of 218 thousand jobs gained in the private sector combined with an increase of 48 thousand government service jobs accounts for the total increase.
Goods production jobs were down a net 16 thousand with all the job losses coming in manufacturing. Natural resources had 2 thousand new jobs after last month’s bigger gains. Construction jobs remained unchanged, but with large gains in building construction and heavy and engineering construction offset by job losses in specialty trade contractors. Manufacturing was down 18 thousand jobs with durable goods off a net 20 thousand jobs with the biggest declines in vehicle manufacturing and wood products. Nondurable goods jobs were up a net 2 thousand jobs with the biggest increase in chemical manufacturing that offset smaller losses.
Government service employment increased 48 thousand jobs with job gains in federal, state and local government: federal government up 9 thousand, state up 7 thousand and local government up 32 thousand jobs. Almost all of the state and local job gains came in public education with state government education up 5.9 thousand jobs and local government education up 31.1 thousand jobs. Private schools lost 19.6 thousand jobs after last month’s big gains. Public and private education had a net gain of 17.4 thousand jobs.
Leisure and Hospitality took first place again this month among service sector job gain with a jump of 331 thousand jobs, bigger than last month. Arts, entertainment and recreation had 89.6 thousand more jobs, also a bigger gain than last month. Amusements, gambling and recreation had 72.7 thousand of the jobs. Restaurants had 187 thousand new jobs. Accommodations was up 54.4 thousand jobs for April. Leisure and hospitality lingers at around 2 million jobs less than pre-pandemic employment.
None of the other major employment sectors did well. Health care added a measly 18.5 thousand jobs, worse than last month and not a good sign for recovery. Ambulatory care adding 21.2 thousand jobs; social assistance services added 22.6 thousand new jobs while hospitals and nursing and residential care facilities both lost jobs this month: hospitals off 5.8 thousand jobs, nursing and residential care off 19.5 thousand. The growth rate for health care over the last three years stands at .2 percent, way down as a result of pandemic job losses.
Trade, transportation and utilities declined 81 thousand jobs, after last month’s gains. Retail trade job losses dragged down small gains in wholesale trade. Transportation had a huge loss, down 74.1 thousand jobs with couriers and messengers down 77.4 thousand jobs. Air transportation continues to lag although with small gains of 6.5 thousand jobs.
Professional and business services also lost jobs, down 79 thousand. The professional and technical services sub sector gained 42.6 thousand jobs while management of companies added 5.7 thousand jobs, but administrative and support services including waste management was the big loser dropping 127.6 thousand jobs. Among the professional and technical services architectural and engineering services added 11.6 thousand jobs. management and technical consulting services added 6.2 thousand jobs as did computer design and related services. Legal services added 3.8 thousand jobs after a loss last month. Among administrative and support services employment services had major job losses, off 115.2 thousand jobs and almost all of those losses in temporary help services.
Information services added a thousand jobs in a typical month. Modest publishing and motion picture and sound recording job losses offset telecommunications and Internet services job gains. Financial activities added 19 thousand jobs, a larger than usual gain. Real estate, rental and leasing had 16.5 thousand of the gains with the rest in finance and insurance. The category, other jobs, was up 44 thousand jobs, another good month with job gains in all three subsectors. Non-profit associations had 16.3 thousand new jobs with repair and maintenance services and personal and laundry services combining for 28 thousand new jobs.
The job total for establishment employment in April is 144.308 million at an annual growth rate of 2.22 percent, quite decent but below expectations. This month’s job total remains 6.184 million jobs below April 2019’s pre pandemic totals. Leisure and hospitality remain far below pre pandemic levels but more sub sectors approximate or approach pre-pandemic employment levels. Some sub sectors have unusually large job losses while others have unusually large gains. The modest gain disguises the unusual changes but does not yet indicate a trend given their sudden and likely short-term appearance.
Non Farm Total +266
The Bureau of Labor Statistics (BLS) reported Non-Farm employment for establishments increased from March by 266 thousand jobs for a(n) April total of 144.308 million. (Note 1 below) An increase of 266 thousand each month for the next 12 months represents an annual growth rate of +2.22%. The annual growth rate from a year ago beginning April 2020 was +10.87%; the average annual growth rate from 5 years ago beginning April 2016 was +.06%; from 15 years ago beginning April 2006 it was +.39%. 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 +2
Natural Resources jobs including logging and mining were up 2 thousand from March to 615 thousand jobs in April. An increase of 2 thousand jobs each month for the next 12 months would be an annual growth rate of +3.92 percent. Natural resource jobs are down 7 thousand for the 12 months just ended. Jobs in the 1990’s totaled around 770 thousand. Job growth here will be small compared to America’s job needs. This is the smallest of 12 major sectors of the economy with .44 percent of establishment jobs.
2. Construction +0
Construction jobs stayed the same at 7.452 million jobs in April. Construction jobs are up 917 thousand for the 12 months just ended. The growth rate for the last 5 years is +2.14%. Construction jobs rank 9th among the 12 sectors with 5.2 percent of non-farm employment.
3. Manufacturing -18
Manufacturing jobs were down 18 thousand from March with 12.284 million jobs in April. A decrease of 18 thousand jobs each month for the next 12 months would be an annual growth rate of -1.76 percent. Manufacturing jobs were up for the last 12 months by 870 thousand. The growth rate for the last 5 years is -.12%; for the last 15 years by -.97%. In 1994, manufacturing ranks 6th among 12 major sectors in the economy with 8.6 percent of establishment jobs.
4. Trade, Transportation & Utility -81
Trade, both wholesale and retail, transportation and utility employment were down 81 thousand from March with 27.099 million jobs in April. A decrease of 81 thousand jobs each month for the next 12 months would be an annual growth rate of -3.58 percent. Jobs are up by 2,586 thousand for the last 12 months. Growth rates for the last 5 years are -.06 percent. Jobs in these sectors rank first as the biggest sectors with combined employment of 19.0 percent of total establishment employment.
5. Information Services +1
Information Services jobs were up 1 thousand from March at 2.687 million jobs in April. An increase of 1 thousand jobs each month for the next 12 months would be an annual growth rate of +.45 percent (Note 2 below) Jobs are up by 54 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 continued in slow decline for the last decade. Information Services is a small sector ranking 11th of 12 with 1.9 percent of establishment jobs.
6. Financial Activities +19
Financial Activities jobs were up 19 thousand from March at
8.812 million in April. An increase of 19 thousand each month for the next 12
months would be an annual growth rate of
+2.59 percent. Jobs are up 216 thousand for the last 12 months. (Note 3 below) This sector also includes real estate as well as real estate lending. Financial Services has been growing slowly with many months of negative growth. The long term growth rates are now at a 5 year growth rate of +1.33 percent, and a 15 year growth rate of +.34 percent. Financial activities rank 8th of 12 with 6.2 percent of establishment jobs.
7. Business & Professional Services -79
Business and Professional Service jobs went down 79 thousand from March to 20.721 million in April. A decrease of 79 thousand each month for the next 12 months would be an annual growth rate of +4.56 percent. Jobs are up 1,639 thousand for the last 12 months. Note 4 The annual growth rate for the last 5 years was +.72 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 14.5 percent of establishment employment.
8. Education including public and private +17
Education jobs went up 17 thousand jobs from March at 13.154 million in April. These include public and private education. An increase of 17 thousand jobs each month for the next 12 months would be an annual growth rate of +1.59 percent. Jobs are down 46 thousand for the last 12 months. (note 5) The 15 year growth rate equals +.03 percent, slower than the national average. Education ranks 4th among 12 sectors with 9.1 percent of establishment jobs.
9. Health Care +19
Health care jobs were up 19 thousand from March to 19.958 million in April. An increase of 19 thousand each month for the next 12 months would be an annual growth rate of +1.11 percent. Jobs are up 1,490 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 +1.85 percent from this month’s jobs. Health care ranks 3rd of 12 with 13.9 percent of establishment jobs.
10. Leisure and hospitality +331
Leisure and hospitality jobs went up 331 thousand from March to 14.067 million in April. An increase of 331 thousand each month for the next 12 months would be an annual growth rate of +28.92 percent. Jobs are up 5.376 million for the last 12 months. (note 7) The 5 year growth rate is –1.99%. 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 9.1 percent of establishment jobs. It moved up to 7th from 4th in the pandemic decline.
11. Other +44
Other Service jobs, which include repair, maintenance, personal services and non-profit organizations went up 44 thousand from March to 5.541 million in April. An increase of 44 thousand each month for the next 12 months would be an annual growth rate of +9.53 percent. Jobs are up 1,058 thousand for the last 12 months. (note 8) Other services had +.19 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 +11
Government service employment went up 11 thousand from March
at 11.874 million jobs in April. An increase of 11 thousand each month for the
next 12 months would be an annual growth rate of +1.07 percent. Jobs are down 6
thousand for the last 12 months.
(note 9) Government jobs excluding education tend to increase slowly with a 15 year growth rate of +.08 percent. Government, excluding education, ranks 7th of 12 with 8.3 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