{"id":79101,"date":"2019-05-03T12:52:31","date_gmt":"2019-05-03T19:52:31","guid":{"rendered":"http:\/\/69.46.6.243\/?p=79101"},"modified":"2019-05-03T12:52:31","modified_gmt":"2019-05-03T19:52:31","slug":"strong-april-jobs-report-263000-new-jobs-unemployment-3-6","status":"publish","type":"post","link":"https:\/\/new.thepinetree.net\/?p=79101","title":{"rendered":"Strong April Jobs Report…263,000 New Jobs, Unemployment 3.6%"},"content":{"rendered":"

Washington, DC…Total nonfarm payroll employment increased by 263,000 in April, and the unemployment rate declined to 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and business services, construction, health care, and social assistance. This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours, and earnings by industry. For more information about the concepts and statistical methodology used in these two surveys, see the Technical Note.<\/p>\n

\"\"<\/p>\n

Household Survey Data<\/p>\n

The unemployment rate declined by 0.2 percentage point to 3.6 percent in
\nApril, the lowest rate since December 1969. Over the month, the number
\nof unemployed persons decreased by 387,000 to 5.8 million. (See table
\nA-1.)<\/p>\n

Among the major worker groups, the unemployment rates declined in April
\nfor adult men (3.4 percent), adult women (3.1 percent), Whites (3.1
\npercent), Asians (2.2 percent), and Hispanics (4.2 percent). The jobless
\nrates for teenagers (13.0 percent) and Blacks (6.7 percent) showed little
\nor no change. (See tables A-1, A-2, and A-3.)<\/p>\n

Among the unemployed, the number of job losers and persons who completed
\ntemporary jobs declined by 186,000 over the month to 2.7 million. (See
\ntable A-11.)<\/p>\n

In April, the number of persons unemployed less than 5 weeks declined by
\n222,000 to 1.9 million. The number of long-term unemployed (those jobless
\nfor 27 weeks or more) was little changed at 1.2 million in April and
\naccounted for 21.1 percent of the unemployed. (See table A-12.)<\/p>\n

The labor force participation rate declined by 0.2 percentage point to
\n62.8 percent in April but was unchanged from a year earlier. The employment-
\npopulation ratio was unchanged at 60.6 percent in April and has been either
\n60.6 percent or 60.7 percent since October 2018. (See table A-1.)<\/p>\n

The number of persons employed part time for economic reasons (sometimes
\nreferred to as involuntary part-time workers) was little changed at 4.7
\nmillion in April. These individuals, who would have preferred full-time
\nemployment, were working part time because their hours had been reduced or
\nbecause they were unable to find full-time jobs. (See table A-8.)<\/p>\n

In April, 1.4 million persons were marginally attached to the labor force,
\nlittle different from a year earlier. (Data are not seasonally adjusted.)
\nThese individuals were not in the labor force, wanted and were available for
\nwork, and had looked for a job sometime in the prior 12 months. They were
\nnot counted as unemployed because they had not searched for work in the 4
\nweeks preceding the survey. (See table A-16.)<\/p>\n

Among the marginally attached, there were 454,000 discouraged workers in
\nApril, about unchanged from a year earlier. (Data are not seasonally adjusted.)
\nDiscouraged workers are persons not currently looking for work because they
\nbelieve no jobs are available for them. The remaining 963,000 persons
\nmarginally attached to the labor force in April had not searched for work for
\nreasons such as school attendance or family responsibilities. (See table A-16.)<\/p>\n

Establishment Survey Data<\/p>\n

Total nonfarm payroll employment increased by 263,000 in April, compared with
\nan average monthly gain of 213,000 over the prior 12 months. In April, notable
\njobs gains occurred in professional and business services, construction,
\nhealth care, and social assistance. (See table B-1.)<\/p>\n

Professional and business services added 76,000 jobs in April. Within the
\nindustry, employment gains occurred in administrative and support services
\n(+53,000) and in computer systems design and related services (+14,000). Over
\nthe past 12 months, professional and business services has added 535,000 jobs.<\/p>\n

In April, construction employment rose by 33,000, with gains in nonresidential
\nspecialty trade contractors (+22,000) and in heavy and civil engineering
\nconstruction (+10,000). Construction has added 256,000 jobs over the past 12
\nmonths.<\/p>\n

Employment in health care grew by 27,000 in April and 404,000 over the past
\n12 months. In April, job growth occurred in ambulatory health care services
\n(+17,000), hospitals (+8,000), and community care facilities for the elderly
\n(+7,000).<\/p>\n

Social assistance added 26,000 jobs over the month, with all of the gain in
\nindividual and family services.<\/p>\n

Financial activities employment continued to trend up in April (+12,000). The
\nindustry has added 110,000 jobs over the past 12 months, with almost three-
\nfourths of the growth in real estate and rental and leasing. <\/p>\n

Manufacturing employment changed little for the third month in a row (+4,000
\nin April). In the 12 months prior to February, the industry had added an
\naverage of 22,000 jobs per month. <\/p>\n

Employment in retail trade changed little in April (-12,000). Job losses
\noccurred in general merchandise stores (-9,000), while motor vehicle and
\nparts dealers added 8,000 jobs.<\/p>\n

Employment in other major industries, including mining, wholesale trade,
\ntransportation and warehousing, information, leisure and hospitality, and
\ngovernment, showed little change over the month.<\/p>\n

In April, average hourly earnings for all employees on private nonfarm
\npayrolls rose by 6 cents to $27.77. Over the year, average hourly earnings
\nhave increased by 3.2 percent. Average hourly earnings of private-sector
\nproduction and nonsupervisory employees increased by 7 cents to $23.31 in
\nApril. (See tables B-3 and B-8.)<\/p>\n

The average workweek for all employees on private nonfarm payrolls decreased
\nby 0.1 hour to 34.4 hours in April. In manufacturing, both the workweek and
\novertime were unchanged (40.7 hours and 3.4 hours, respectively). The average
\nworkweek for production and nonsupervisory employees on private nonfarm
\npayrolls held at 33.7 hours. (See tables B-2 and B-7.)<\/p>\n

The change in total nonfarm payroll employment for February was revised up
\nfrom +33,000 to +56,000, and the change for March was revised down from
\n+196,000 to +189,000. With these revisions, employment gains in February and
\nMarch combined were 16,000 more than previously reported. (Monthly revisions
\nresult from additional reports received from businesses and government agencies
\nsince the last published estimates and from the recalculation of seasonal
\nfactors.) After revisions, job gains have averaged 169,000 per month over the
\nlast 3 months.<\/p>\n

_____________
\nThe Employment Situation for May is scheduled to be released on Friday,
\nJune 7, 2019, at 8:30 a.m. (EDT).<\/p>\n