![\"\"](\"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2015\/07\/blslogo.jpg\")
<\/p>\nWashington, DC…Nonfarm payroll employment rose by 200,000 in January, and the unemployment rate remained at 4.1 percent. Employment continued to trend up in construction, food services and drinking places, health care, and manufacturing. In 2017, employment growth averaged 181,000 per month. Incorporating revisions for November and December, which decreased nonfarm payroll employment by 24,000 on net, monthly job gains have averaged 192,000 over the past 3 months. <\/p>\n
<\/p>\n
Construction employment rose by 36,000 in January, with
\nmost of the increase occurring among specialty trade contractors
\n(+26,000). The construction sector has added 226,000 jobs over
\nthe past 12 months.<\/p>\n
Employment in food services and drinking places continued
\nto trend up over the month (+31,000). The industry has added
\n255,000 jobs over the past 12 months.<\/p>\n
Health care employment also continued to trend up in
\nJanuary (+21,000). Employment in hospitals rose by 13,000 over
\nthe month. Job growth in health care averaged 24,000 per month
\nin 2017.<\/p>\n
In January, manufacturing employment continued on an upward
\ntrend (+15,000). Manufacturing has added 186,000 jobs over the
\npast 12 months. A large share of recent job gains occurred in
\nthe durable goods component, particularly in fabricated metal
\nproducts, machinery, and computer and electronic products. <\/p>\n
Employment in other major industries–mining, wholesale
\ntrade, retail trade, transportation and warehousing,
\ninformation, financial activities, professional and business
\nservices, and government–changed little over the month.<\/p>\n
Average hourly earnings of all employees on private nonfarm
\npayrolls rose by 9 cents in January to $26.74, following an
\n11-cent gain in December. Over the past 12 months, average
\nhourly earnings have risen by 2.9 percent. From December 2016 to
\nDecember 2017, the Consumer Price Index for All Urban Consumers
\n(CPI-U) increased by 2.1 percent (on a seasonally adjusted
\nbasis).<\/p>\n
The major labor market indicators from the survey of
\nhouseholds continued to show little or no change in January. The
\nunemployment rate was 4.1 percent for the fourth month in a row.
\nThe number of unemployed people, at 6.7 million, changed little
\nover the month.<\/p>\n
Among the unemployed in January, 1.4 million had been
\nsearching for work for 27 weeks or longer. These long-term
\nunemployed accounted for 21.5 percent of the total unemployed.<\/p>\n
Both the labor force participation rate, at 62.7 percent in
\nJanuary, and the employment-population ratio, at 60.1 percent,
\nremained unchanged. <\/p>\n
The number of people working part time for economic
\nreasons, also referred to as involuntary part-time workers, was
\nabout unchanged at 5.0 million in January. <\/p>\n
Among those neither working nor looking for work in
\nJanuary, 1.7 million were marginally attached to the labor
\nforce, little different from a year earlier. Discouraged
\nworkers, a subset of the marginally attached who believed that
\nno jobs were available for them, numbered 451,000 in January,
\nalso little changed from a year earlier. (People who are
\nmarginally attached to the labor force had not looked for work
\nin the 4 weeks prior to the survey but wanted a job, were
\navailable for work, and had looked for a job within the last 12
\nmonths.)<\/p>\n
Following our usual practice, there were routine annual
\nadjustments to the data from our two surveys. The establishment
\nsurvey data released today reflect the incorporation of annual
\nbenchmark revisions. Each year, we re-anchor our sample-based
\nsurvey estimates to full universe counts of employment,
\nprimarily derived from the Quarterly Census of Employment and
\nWages, which enumerates jobs covered by the unemployment
\ninsurance tax system. The effect of these revisions on the
\nunderlying trend in nonfarm payroll employment was minor.
\n(Additional information about the benchmark revision and its
\nimpact is contained in our news release and on our website at
\nwww.bls.gov\/web\/empsit\/cesbmart.htm.)<\/p>\n
Household survey data for January reflect updated
\npopulation estimates from the U.S. Census Bureau. Again this
\nyear, the impact of the new population controls on the
\nunemployment rate and other ratios was negligible. (Further
\ninformation can be found in our news release and on our website
\nat www.bls.gov\/web\/empsit\/cps-pop-control-adjustments.pdf.)<\/p>\n
Summarizing the labor market developments in January,
\nnonfarm payroll employment rose by 200,000, and the unemployment
\nrate remained unchanged at 4.1 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"
Washington, DC…Nonfarm payroll employment rose by 200,000 in January, and the unemployment rate remained at 4.1 percent. Employment continued to trend up in construction, food services and drinking places, health care, and manufacturing. In 2017, employment growth averaged 181,000 per month. Incorporating revisions for November and December, which decreased nonfarm payroll employment by 24,000 on […]<\/p>\n","protected":false},"author":1,"featured_media":6322,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_cbd_carousel_blocks":"[]","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,20,5,1],"tags":[],"class_list":["post-52321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-featured","category-government","category-news","last_archivepost"],"jetpack_featured_media_url":"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2015\/07\/blslogo.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/52321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52321"}],"version-history":[{"count":0,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/52321\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/media\/6322"}],"wp:attachment":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}