current employment statistics - bureau of labor statistics · pdf filedetailed industry...

February 2014

Release Date: March 7, 2014

Prepared by Staff of the National Estimates Branch Current Employment Statistics Survey

U.S. Bureau of Labor Statistics

202-691-6555 Email CES

Contents

Summary

Mining & Logging

Construction

Manufacturing

Wholesale Trade

Retail Trade

Transportation, Warehousing, & Utilities

Information

Financial Activities

Professional & Business Services

Private Education & Health Services

Leisure & Hospitality

Other Services

Government

Current Employment Statistics Highlights

Detailed Industry Employment Analysis


http://data.bls.gov/cgi-bin/forms/ces?/ces/home.htm

Current Employment Statistics Survey Summary, February 2014

CES Highlights


Wholesale Trade + 15,000 Wholesale trade added 15,000 jobs, mostly in durable goods. Monthly jobs gains in wholesale trade had averaged 11,000 per month over the prior 6-month period.

Construction + 15,000 Construction employment edged up in February. Heavy and civil engineering construction added 12,000 jobs over the month.

Total Nonfarm + 175,000 Total Private + 162,000 Nonfarm payroll employment increased by 175,000 in February. Over the prior 6 months, nonfarm employment grew by an average 182,000 per month. In February, professional and business services and wholesale trade added jobs, while information lost jobs. The employment change for December 2013 was revised up by 9,000 (from +75,000 to +84,000), and the employment change for January 2014 was revised up by 16,000 (from +113,000 to +129,000). Average hourly earnings of all private-sector employees increased by 9 cents (0.4 percent) over the month. Hourly earnings are up 2.2 percent over the year. Average weekly hours, at 34.2, decreased by 0.1 hour in February. Professional and business services + 79,000 Within professional and technical services, accounting and bookkeeping services added 16,000 jobs in February. Within administrative and support services, services to buildings and dwellings added jobs (+11,000). Employment continued to trend up in temporary help services (+24,000); over the prior 12 months, the industry had added an average 19,000 jobs per month.

70

168

212

322

102

217

106 122

221

183

164

196

360

226 243

96 1

10

88

160

150 161

225

203 214

197

280

141

203

199

201

149

202

164

237

274

84

129

175

-100

0

100

200

300

400

500

Jan-11 Jul-11 Jan-12 Jul-12 Jan-13 Jul-13 Jan-14

Employment in total nonfarmOver-the-month change, January 2011–February 2014

Bureau of Labor Statistics, Current Employment Statistics survey, March 07, 2014.

Most recent 2 months of data are preliminary.

Seasonally adjusted, in thousands

Summary Mining & Logging Construction Manufacturing

Trade: Wholesale Retail

Transp., Warehousing

& Utilities Information Financial

Activities

Professional & Business

Services



Other Services Government

Education and health services + 33,000 Offices of physicians added 8,000 jobs in February, while employment changed little elsewhere in health care. Hospital employment (-1,000), little changed over the month, has declined by 10,000 over the past 3 months. Information - 16,000 Employment can be volatile in the motion picture and sound recording industry, which lost 14,000 jobs in February. Retail Trade - 4,000 Employment in retail trade changed little in February (-4,000). Over the month, a job gain in food and beverage stores (+12,000) was more than offset by job losses in electronics and appliance stores (-12,000), sporting goods, hobby, book, and music stores (-9,000), and department stores (-7,000). Transportation and warehousing - 4,000 Within transportation and warehousing, a job gain in warehousing and storage (+6,000) was more than offset by a job loss in couriers and messengers (-12,000).

Government +13,000 Federal government employment continued to trend down (-6,000) in February. Since reaching an employment peak in January 2011, the federal government has lost 157,000 jobs—59 percent of those losses have come in the past 12 months.

Employment in State government continued to trend up (+11,000) in February and has grown by 51,000 since reaching a trough in July 2013. Employment in local government changed little in February.

13

3

25

33

79

9

-16

0.1

-3.6

-4.1

14.8

6

15

1

-40 -20 0 20 40 60 80 100

Government

Other services

Leisure and hospitality

Education and health services

Professional and business services*

Financial activities

Information*

Utilities

Transportation and warehousing

Retail trade

Wholesale trade*

Manufacturing

Construction

Mining and logging

Employment in total nonfarm


Data are preliminary.

* denotes significance.

Over-the-month change, February 2014Seasonally adjusted, in thousands

Total nonfarm:175*


Trade: Wholesale

Retail



Activities


Services




Current Employment Statistics Survey Summary, February 2014

CES Highlights


2

1

14

15

10

12

11

6

9

7

2

6

8

6

3 2

1

-1 -1 -2

-3

-7

7

5

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-3

4

3

4

3

5

5

-1

1

5

1

-15

-10

-5

0

5

10

15

20


Employment in miningOver-the-month change, January 2011–February 2014




Mining & Logging


Trade: Wholesale

Retail



Activities


Services




CES Highlights


In February, mining and logging employment changed little (+1,000). Mining employment has trended up over the year (+28,000), with most of this growth occurring in support activities for mining.

Employment in construction edged up in February. Since reaching an employment trough in January 2011, the industry has recovered 509,000 jobs, or 22 percent of the jobs lost during the recent employment downturn. NAICS 237—Heavy and civil engineering construction Heavy and civil engineering construction added 12,000 jobs in February. Since reaching an employment trough in February 2010, the industry has regained 93,000 jobs, or 46 percent of the employment lost during the recent downturn.

4,500

5,000

5,500

6,000

6,500

7,000

7,500

8,000

8,500

Jan-03 Jan-05 Jan-07 Jan-09 Jan-11 Jan-13

Employment in construction

February 2014 Level: 5,941OTM Change: 15


Shaded areas represent recessions as denoted by the National Bureau of Economic Research.


January 2003–February 2014Seasonally adjusted, in thousands

-7

8

0

10

5

-4

1

-1

7

6

3

8

1

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5

8

-15

-1

12

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2 3

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-8

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12

-25

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-15

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5

10

15

20


Employment in heavy and civil engineering construction

Over-the-month change, January 2011–February 2014




Construction

CES Highlights



Trade: Wholesale

Retail



Activities


Services




Employment in manufacturing changed little (+6,000) in February. Over the past 7 months, the industry has added 83,000 jobs. The recent modest job growth corresponds to similar movements within manufacturing indicators. The Institute for Supply Management reported that the Purchasing Managers’ Index rose 1.9 percentage points to 53.2 percent in February.

In February, the manufacturing workweek for all employees remained at the same level as January (40.7 hours). The manufacturing workweek for production employees has fallen by 0.6 hour over the past 3 months.

In

Manufacturing

CES Highlights



Trade: Wholesale

Retail



Activities


Services




http://www.ism.ws/ismreport/mfgrob.cfm

Wholesale trade added 15,000 jobs in February. Most of the gain was concentrated in durable goods. The industry has recovered almost two-thirds of the jobs lost during the most recent economic downturn.

Wholesale Trade


Trade: Wholesale

Retail



Activities


Services




CES Highlights


Retail trade employment was essentially flat in February. Among the retail industries, employment changes were mixed, with significant movements in food and beverage stores (+12,000), electronics and appliance stores (-12,000), and sporting goods, hobby, book, and music stores (-9,000).

Recent retail-related indicators have weakened. As shown by Census Bureau data, retail sales for January decreased by 0.4 percent; however, sales were up 2.6 percent over the year. Additionally, the Conference Board noted that the Consumer Confidence Index decreased by 1.3 points in February.

14,000

14,200

14,400

14,600

14,800

15,000

15,200

15,400

15,600

15,800

16,000


Employment in retail trade

February 2014 Level: 15,235OTM Change: -4





Retail Trade


Trade: Wholesale

Retail



Activities


Services




CES Highlights


http://www.census.gov/retail/

http://www.conference-board.org/data/consumerconfidence.cfm


NAICS 445 – Food and beverage stores In February, food and beverage stores employment increased by 12,000, with a job gain of 84,000 over the past year. This industry has been one of the strongest within all of retail trade. Holiday-related employment lay-off February is traditionally the final month in the holiday lay-off period for retail trade. On a not seasonally adjusted basis, the total lay-off as a percentage of the total build-up was in line with the prior 3 years. NAICS 443 – Electronics and appliance stores In February, electronics and appliance stores employment decreased by 12,000, offsetting job gains in the prior 4 months. Employment in the industry is little changed over the past 6 months. NAICS 451 – Sporting goods, hobby, book, and music stores Employment in sporting goods, hobby, book, and music stores declined by 9,000 in February, following a 21,000 job decline in January. Employment is little changed over the year. The majority of the February’s job decline occurred in hobby, toy, and game stores.

1

1

3

12

-4

3

0

2

5

0

-4

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7

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9

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7 7

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-7

17

-2

12

-15

-10

-5

0

5

10

15

20

25


Employment in food and beverage storesOver-the-month change, January 2011–February 2014




-1

0

1

5

1 2

0

-6 -7

-5

-2

-1 -1

1

0

0

-4

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-12

-20

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15


Employment in electronics and appliance stores





Retail Trade

CES Highlights



Trade: Wholesale

Retail



Activities


Services




NAICS 492 – Couriers and Messengers Couriers and messengers employment fell by 12,000 in February. On a not seasonally adjusted basis, over January and February, the industry laid off 89 percent of recent holiday-related employment build-up. After seasonal adjustement, employment in couriers and messengers has risen by 18,000 since October 2013.

In

4,000

4,100

4,200

4,300

4,400

4,500

4,600

4,700


Employment in transportation and warehousing






Transportation and Warehousing

CES Highlights



Trade: Wholesale

Retail



Activities


Services




Employment in transportation and warehousing was essentially unchanged (-4,000) in February, following an increase of 17,000 in January. Over the past 12 months, the industry has added 90,000 jobs.

In February, water transportation and warehousing and storage added 1,000 and 6,000 jobs, respectively; however, couriers and messengers lost 12,000 jobs.

Employment in utilities was unchanged in February. Over the past few years, employment in the industry has shown little net change.

530

540

550

560

570

580

590

600


Employment in utilities

February 2014 Level: 550OTM Change: 0





Utilities

CES Highlights



Trade: Wholesale

Retail

Transp., Warehousing & Utilities

Information Financial Activities


Services




The information industry lost 16,000 jobs in February. Employment in this industry has changed little on net since early 2011, when the heavy job losses seen during the recession abated. NAICS 512 – Motion picture and sound recording industries Motion picture and sound recording industries lost 14,000 jobs in February, accounting for almost all of the change in information. Since 2012, this industry also has accounted for the majority of the volatility in information’s monthly employment changes.

Information


Trade: Wholesale

Retail



Activities


Services




CES Highlights


Financial activities employment edged up (+9,000) in February, following 3 months of essentially no change. However, since reaching an employment low in February 2011, financial activities has added an average of 6,000 jobs per month.

Employment in insurance carriers and related activities experienced a significant gain of 10,000 in February.

1.0

9.9

1.3

-1.9

-3.5

-8 -6 -4 -2 0 2 4 6 8 10 12 14

Real estate and rental and leasing

Insurance carriers and related activities*

Securities and commodities

- Commercial banking

Credit intermediation°

Employment in selected financial activities



˚Includes additional component industries not shown separately.* denotes significance.


Financial activities:

9

Financial Activities


Trade: Wholesale

Retail



Activities


Services




CES Highlights


Employment in professional and business services increased by 79,000 in February. Job gains were split between professional and technical services and administrative and waste services.

Professional and business services has steadily added jobs since reaching an employment trough in August 2009, and employment has now surpassed its December 2007 peak by 912,000 jobs.

15,000

15,500

16,000

16,500

17,000

17,500

18,000

18,500

19,000

19,500

20,000


Employment in professional and business services






Professional and business services


Trade: Wholesale

Retail



Activities


Services




CES Highlights


In February, professional and technical services added 35,000 jobs. The largest portions of the employment gain occurred in accounting and bookkeeping services, which added 16,000 jobs—partially offsetting a decline of 31,000 in December 2013. Job gains were small and widespread among most of the professional and technical services component industries in February.

Management of companies and enterprises continued in its upward employment trend in February. Over the year, the industry has added 39,000 jobs.

Employment in administrative and waste services increased by 42,000 in February. Nearly all of the gains were in administrative and support services, which added 40,000 jobs. Employment continued to trend up in temporary help service (+24,000) and services to buildings and dwelling places (+11,000). Waste management and remediation services employment remained flat.

30

2

12

42

2

35

0 10 20 30 40 50

Adminstrative and wasteservices *

Management of companiesand enterprises

Professional and technicalservices *

Employment in professional and business services components


February 2014 Prior 6-month average




Professional and

business services:

79*

Professional and Business Services


Trade: Wholesale

Retail



Activities


Services




CES Highlights


In February, education and health services employment edged up (+33,000). The majority of the gain occurred in colleges and universities. Health care employment changed little over the month (+10,000), and growth has slowed in the past 3 months.

NAICS 621 – Ambulatory health care services

Employment in ambulatory health care services continued its upward trend in February, with the largest over-the-month gain occurring in offices of physicians (+8,000). Over the year, 167,000 of the 191,000 jobs added in health care have been in ambulatory health care services. Within ambulatory health care services, offices of physicians, outpatient care centers, and home health care services have each expanded employment over the same 12-month period; however, growth has decelerated over the last 3 months in oupatient centers and in home health care.

NAICS 622 – Hospitals

Hospital employment changed little in February, but is down by 10,000 over the last 3 months.

17

16

12

64

11

43

43

36

49

32 3

7

9

69

84

30

20

43

10

23

17

59

93

4

42

17

27

41

51

29

15

24

64

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31

25

5

10

33

-40

-20

0

20

40

60

80

100

120


Employment in education and health services





3

0

4

3

5

15

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-1

-4

2

8

8

-10 -5 0 5 10 15 20

Nursing and residential care*

Hospitals

- Home health care services

- Outpatient care centers

- Offices of physicians*

Ambulatory health care services°

Employment in selected health care industries



Health care industries:

10




Private Education and Health Services

CES Highlights



Trade: Wholesale

Retail



Activities


Services




Employment in leisure and hospitality edged up in February (+25,000), following a similar movement in January. Over the prior 12 months, this industry had added an average of 36,000 jobs per month. The employment gains seen since the end of the last recession followed improvement in the Consumer Confidence Index, which started to recover in 2009 (source: The Conference Board).

Leisure and Hospitality


Trade: Wholesale

Retail



Activities


Services




CES Highlights




Employment in other services changed little in February. No component industry experienced a significant employment change over the month.

Personal and laundry services, however, has seen significant job growth over the past 12 months (+25,000). This industry has recovered all of the jobs it lost during its most recent downturn, and employment has surpassed its previous peak. Personal and laundry services has been the primary driver of the employment recovery in other services since June 2010. During this period, other services has recovered 76 percent of jobs it lost in the most recent downturn.

5,250

5,300

5,350

5,400

5,450

5,500

5,550

5,600

Feb-04 Feb-06 Feb-08 Feb-10 Feb-12 Feb-14

Employment in other services





February 2004–February 2014Seasonally adjusted, in thousands

Other Services


Trade: Wholesale

Retail



Activities


Services




CES Highlights


Government employment changed little in February (+13,000). Employment at the federal, state, and local levels remained relatively flat over the month.

NAICS 911- Federal, except U.S. Postal Service

In February, employment in federal, except U.S. Postal Service continued to trend down (-7,000). Over the past 12 months, the industry has shed 73,000 jobs.

1

-1

1

6

-1

-5

5

3

2

10

1

-7

-12 -10 -8 -6 -4 -2 0 2 4 6 8 10 12 14

Local government, excluding education

Local government education

State government, excluding education

State government education

U.S. Postal Service

Federal, except U.S. Postal Service

Employment in selected government



Government:13



* denotes significance.

1,600

1,800

2,000

2,200

2,400

2,600

2,800

3,000


Employment in government, federal, except U.S. Postal Service






Government

CES Highlights



Trade: Wholesale

Retail



Activities


Services




Prepared by Staff of the National Estimates Branch Current Employment Statistics Survey U.S. Bureau of Labor Statistics 202-691-6555 Email CES

CES Analysts

Richa Ajmera

Megan Barker

John Coughlan

Steve Crestol

Lyda Ghanbari

Mike McCall

John Mullins

Edward Park

Sutton Puglia

Kara Sullivan

Parth Tikiwala


Detailed Industry Employment Analysis

http://data.bls.gov/cgi-bin/forms/ces?/ces/home.htm

current employment statistics - bureau of labor statistics · pdf filedetailed industry...

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