Posted by: thepinetree on 07/07/2017 06:31 AM
Updated by: thepinetree on 07/07/2017 05:15 PM
Expires: 01/01/2022 12:00 AM
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Economy Adds 222,000 Jobs In June, Prior Months Revised Up
Washington, DC...Total nonfarm payroll employment increased by 222,000 in June, and the unemployment rate was little changed at 4.4 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in health care, social assistance, financial activities, and mining. Household Survey Data: In June, the unemployment rate, at 4.4 percent, and the number of unemployed persons, at 7.0 million, were little changed. Since January, the unemployment rate and the number of unemployed are down by 0.4 percentage point and 658,000, respectively. (See
table A-1.)
Labor Participation Rate Holding Steady
Among the major worker groups, the unemployment rates for adult men (4.0 percent),
adult women (4.0 percent), teenagers (13.3 percent), Whites (3.8 percent), Blacks
(7.1 percent), Asians (3.6 percent), and Hispanics (4.8 percent) showed little or
no change in June. (See tables A-1, A-2, and A-3.)
The number of long-term unemployed (those jobless for 27 weeks or more) was unchanged
at 1.7 million in June and accounted for 24.3 percent of the unemployed. Over the year,
the number of long-term unemployed was down by 322,000. (See table A-12.)
The labor force participation rate, at 62.8 percent, changed little in June and has
shown no clear trend over the past year. The employment-population ratio (60.1 percent)
was also little changed in June and has held fairly steady thus far this year. (See
table A-1.)
The number of persons employed part time for economic reasons (sometimes referred to
as involuntary part-time workers), at 5.3 million, changed little in June. These
individuals, who would have preferred full-time employment, were working part time
because their hours had been cut back or because they were unable to find a full-time
job. (See table A-8.)
In June, 1.6 million persons were marginally attached to the labor force, down by
197,000 from a year earlier. (The data are not seasonally adjusted.) These individuals
were not in the labor force, wanted and were available for work, and had looked for a
job sometime in the prior 12 months. They were not counted as unemployed because they
had not searched for work in the 4 weeks preceding the survey. (See table A-16.)
Among the marginally attached, there were 514,000 discouraged workers in June, little
different from a year earlier. Discouraged workers are persons not currently looking
for work because they believe no jobs are available for them. The remaining 1.1 million
persons marginally attached to the labor force in June had not searched for work for
reasons such as school attendance or family responsibilities. (See table A-16.)
Establishment Survey Data
Total nonfarm payroll employment increased by 222,000 in June. Employment rose in health
care, social assistance, financial activities, and mining. Employment growth has averaged
180,000 per month thus far this year, in line with the average monthly gain of 187,000 in
2016. (See table B-1.)
In June, health care added 37,000 jobs. Employment increased in ambulatory health care
services (+26,000) and hospitals (+12,000). Health care has added an average of 24,000
jobs per month in the first half of 2017, compared with a monthly average of 32,000 jobs
in 2016.
Social assistance employment increased by 23,000 in June. Within the industry, employment
continued to trend up in individual and family services (+12,000) and in child day care
services (+8,000). Social assistance has added 115,000 jobs over the last 12 months.
Employment in financial activities rose by 17,000 in June and has grown by 169,000 over
the year. Securities, commodity contracts, and investments added 5,000 jobs over the
month.
In June, mining employment grew by 8,000, with most of the growth in support activities
for mining (+7,000). Since a recent employment low in October 2016, mining has added
56,000 jobs.
Employment in professional and business services continued to trend up in June (+35,000)
and has grown by 624,000 over the last 12 months.
Employment in food services and drinking places also continued on an upward trend in June
(+29,000). The industry has added 277,000 jobs over the year.
Employment in other major industries, including construction, manufacturing, wholesale
trade, retail trade, transportation and warehousing, information, and government, showed
little change over the month.
The average workweek for all employees on private nonfarm payrolls rose by 0.1 hour to
34.5 hours in June. In manufacturing, the workweek edged up by 0.1 hour to 40.8 hours,
while overtime was unchanged at 3.3 hours. The average workweek for production and
nonsupervisory employees on private nonfarm payrolls rose by 0.1 hour to 33.7 hours.
(See tables B-2 and B-7.)
In June, average hourly earnings for all employees on private nonfarm payrolls rose by
4 cents to $26.25. Over the year, average hourly earnings have risen by 63 cents, or 2.5
percent. In June, average hourly earnings of private-sector production and nonsupervisory
employees increased by 4 cents to $22.03. (See tables B-3 and B-8.)
The change in total nonfarm payroll employment for April was revised up from +174,000 to
+207,000, and the change for May was revised up from +138,000 to +152,000. With these
revisions, employment gains in April and May combined were 47,000 more than previously
reported. Monthly revisions result from additional reports received from businesses and
government agencies since the last published estimates and from the recalculation of
seasonal factors. Over the past 3 months, job gains have averaged 194,000 per month.
_____________
The Employment Situation for July is scheduled to be released on Friday, August 4, 2017,
at 8:30 a.m. (EDT).
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- Employment Situation Summary Table A. Household data, seasonally adjusted
- Employment Situation Summary Table B. Establishment data, seasonally adjusted
- Employment Situation Frequently Asked Questions
- Employment Situation Technical Note
- Table A-1. Employment status of the civilian population by sex and age
- Table A-2. Employment status of the civilian population by race, sex, and age
- Table A-3. Employment status of the Hispanic or Latino population by sex and age
- Table A-4. Employment status of the civilian population 25 years and over by educational attainment
- Table A-5. Employment status of the civilian population 18 years and over by veteran status, period of service, and sex, not seasonally adjusted
- Table A-6. Employment status of the civilian population by sex, age, and disability status, not seasonally adjusted
- Table A-7. Employment status of the civilian population by nativity and sex, not seasonally adjusted
- Table A-8. Employed persons by class of worker and part-time status
- Table A-9. Selected employment indicators
- Table A-10. Selected unemployment indicators, seasonally adjusted
- Table A-11. Unemployed persons by reason for unemployment
- Table A-12. Unemployed persons by duration of unemployment
- Table A-13. Employed and unemployed persons by occupation, not seasonally adjusted
- Table A-14. Unemployed persons by industry and class of worker, not seasonally adjusted
- Table A-15. Alternative measures of labor underutilization
- Table A-16. Persons not in the labor force and multiple jobholders by sex, not seasonally adjusted
- Table B-1. Employees on nonfarm payrolls by industry sector and selected industry detail
- Table B-2. Average weekly hours and overtime of all employees on private nonfarm payrolls by industry sector, seasonally adjusted
- Table B-3. Average hourly and weekly earnings of all employees on private nonfarm payrolls by industry sector, seasonally adjusted
- Table B-4. Indexes of aggregate weekly hours and payrolls for all employees on private nonfarm payrolls by industry sector, seasonally adjusted
- Table B-5. Employment of women on nonfarm payrolls by industry sector, seasonally adjusted
- Table B-6. Employment of production and nonsupervisory employees on private nonfarm payrolls by industry sector, seasonally adjusted(1)
- Table B-7. Average weekly hours and overtime of production and nonsupervisory employees on private nonfarm payrolls by industry sector, seasonally adjusted(1)
- Table B-8. Average hourly and weekly earnings of production and nonsupervisory employees on private nonfarm payrolls by industry sector, seasonally adjusted(1)
- Table B-9. Indexes of aggregate weekly hours and payrolls for production and nonsupervisory employees on private nonfarm payrolls by industry sector, seasonally adjusted(1)
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