Uncensored2008
Libertarian Radical
- Feb 8, 2011
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Payroll employment rises by 151,000 in January; unemployment rate changes little (4.9%)
Source: U.S. Bureau of Labor Statistics
Economic News Release
THE EMPLOYMENT SITUATION -- JANUARY 2016
Total nonfarm payroll employment rose by 151,000 in January, and the unemployment rate was little changed at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in several industries, led by retail trade, food services and drinking places, health care, and manufacturing. Employment declined in private educational services, transportation and warehousing, and mining.
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Changes to The Employment Situation Data
Establishment survey data have been revised as a result of the
annual benchmarking process and the updating of seasonal
adjustment factors. Also, household survey data for January 2016
reflect updated population estimates. See the notes at the end
of this news release for more information about these changes.
__________________________________________________________________
Household Survey Data
Both the number of unemployed persons, at 7.8 million, and the unemployment rate, at 4.9 percent, changed little in January. Over the past 12 months, the number of unemployed persons and the unemployment rate were down by 1.1 million and 0.8 percentage point, respectively. (See table A-1. See the note at the end of this news release and tables B and C for information about annual population adjustments to the household survey estimates.)
....
The number of long-term unemployed (those jobless for 27 weeks or more) was essentially unchanged in January, at 2.1 million, and has shown little movement since June. These individuals accounted for 26.9 percent of the unemployed. (See table A-12.)
After accounting for the annual adjustments to the population controls, the civilian labor force and total employment, as measured by the household survey, were little changed in January. The labor force participation rate, at 62.7 percent, was little changed. The employment-population ratio (59.6 percent) changed little over the month but was up by 0.3 percentage point since October. (See table A-1. For additional information about the effects of the population adjustments, see table C.)
....
In January, 2.1 million persons were marginally attached to the labor force, little different 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 623,000 discouraged workers in January, essentially unchanged from a year earlier. (The data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.5 million persons marginally attached to the labor force in January had not searched for work for reasons such as school attendance or family responsibilities. (See table A-16.)
Establishment Survey Data
....
In January, average hourly earnings for all employees on private nonfarm payrolls increased by 12 cents to $25.39. Over the year, average hourly earnings have risen by 2.5 percent. In January, average hourly earnings of private-sector production and nonsupervisory employees rose by 6 cents to $21.33. (See tables B-3 and B-8.)
The change in total nonfarm payroll employment for November was revised from +252,000 to +280,000, and the change for December was revised from +292,000 to +262,000. With these revisions, employment gains in November and December combined were 2,000 lower than previously reported. Over the past 3 months, job gains have averaged 231,000 per month. Monthly revisions result from additional reports received from businesses since the last published estimates and the recalculation of seasonal factors. The annual benchmark process also contributed to these revisions.
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The Employment Situation for February is scheduled to be released on Friday, March 4, 2016, at 8:30 a.m. (EST).
Read more: Employment Situation Summary
Good Job Obama!!!! You turned it all around.
That represents an additional .00000005% of the population working.
There are 330 million legal Americans, and another 40 million illegal.
Less people work today, than in 1978.
Bang of Job Communists!
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