{"id":82919,"date":"2019-07-05T09:21:30","date_gmt":"2019-07-05T16:21:30","guid":{"rendered":"http:\/\/69.46.6.243\/?p=82919"},"modified":"2019-07-05T09:21:30","modified_gmt":"2019-07-05T16:21:30","slug":"june-new-jobs-numbers-climb-to-224000-unemployment-3-7-most-people-in-workforce-ever","status":"publish","type":"post","link":"https:\/\/new.thepinetree.net\/?p=82919","title":{"rendered":"June New Jobs Numbers Climb to 224,000, Unemployment 3.7% & Most People in Workforce Ever"},"content":{"rendered":"

Washington, DC…Total nonfarm payroll employment increased by 224,000 in June, and the unemployment rate was little changed at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and business services, in health care, and in transportation and warehousing. <\/p>\n

\"\"<\/p>\n

This news release presents statistics from two monthly surveys. The
\nhousehold survey measures labor force status, including unemployment,
\nby demographic characteristics. The establishment survey measures nonfarm
\nemployment, hours, and earnings by industry. For more information about
\nthe concepts and statistical methodology used in these two surveys, see
\nthe Technical Note.<\/p>\n

Household Survey Data<\/p>\n

Both the unemployment rate, at 3.7 percent, and the number of unemployed
\npersons, at 6.0 million, changed little in June. (See table A-1.)<\/p>\n

Among the major worker groups, the unemployment rates for adult men (3.3
\npercent), adult women (3.3 percent), teenagers (12.7 percent), Whites
\n(3.3 percent), Blacks (6.0 percent), Asians (2.1 percent), and Hispanics
\n(4.3 percent) showed little or no change in June. (See tables A-1, A-2,
\nand A-3.)<\/p>\n

The number of long-term unemployed (those jobless for 27 weeks or more)
\nwas little changed at 1.4 million in June and accounted for 23.7 percent
\nof the unemployed. (See table A-12.)<\/p>\n

The labor force participation rate, at 62.9 percent, was little changed
\nover the month and unchanged over the year. In June, the employment-
\npopulation ratio was 60.6 percent for the fourth month in a row. (See
\ntable A-1.)<\/p>\n

The number of persons employed part time for economic reasons (sometimes
\nreferred to as involuntary part-time workers) was essentially unchanged
\nat 4.3 million in June. These individuals, who would have preferred full-
\ntime employment, were working part time because their hours had been
\nreduced or they were unable to find full-time jobs. (See table A-8.)<\/p>\n

In June, 1.6 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
\nfor work, and had looked for a job sometime in the prior 12 months. They
\nwere not counted as unemployed because they had not searched for work in
\nthe 4 weeks preceding the survey. (See table A-16.)<\/p>\n

Among the marginally attached, there were 425,000 discouraged workers in
\nJune, little changed from a year earlier. (Data are not seasonally
\nadjusted.) Discouraged workers are persons not currently looking for
\nwork because they believe no jobs are available for them. The remaining
\n1.1 million persons marginally attached to the labor force in June had
\nnot searched for work for reasons such as school attendance or family
\nresponsibilities. (See table A-16.)<\/p>\n

Establishment Survey Data<\/p>\n

Total nonfarm payroll employment increased by 224,000 in June. Employment
\ngrowth has averaged 172,000 per month thus far this year, compared with
\nan average monthly gain of 223,000 in 2018. In June, notable job gains
\noccurred in professional and business services, in health care, and in
\ntransportation and warehousing. (See table B-1.)<\/p>\n

Professional and business services added 51,000 jobs in June, following
\nlittle employment change in May (+24,000). Employment growth in the
\nindustry has averaged 35,000 per month in the first half of 2019,
\ncompared with an average monthly gain of 47,000 in 2018. <\/p>\n

Employment in health care increased by 35,000 over the month and by
\n403,000 over the past 12 months. In June, job growth occurred in
\nambulatory health care services (+19,000) and hospitals (+11,000).<\/p>\n

Transportation and warehousing added 24,000 jobs over the month and
\n158,000 over the past 12 months. In June, job gains occurred among
\ncouriers and messengers (+7,000) and in air transportation (+3,000).<\/p>\n

Construction employment continued to trend up in June (+21,000), in
\nline with its average monthly gain over the prior 12 months. <\/p>\n

Manufacturing employment edged up in June (+17,000), following 4 months
\nof little change. So far this year, job growth in the industry has
\naveraged 8,000 per month, compared with an average of 22,000 per month
\nin 2018. In June, employment rose in computer and electronic products
\n(+7,000) and in plastics and rubber products (+4,000).<\/p>\n

Employment in other major industries, including mining, wholesale trade,
\nretail trade, information, financial activities, leisure and hospitality,
\nand government, showed little change over the month.<\/p>\n

In June, average hourly earnings for all employees on private nonfarm
\npayrolls rose by 6 cents to $27.90, following a 9-cent gain in May.
\nOver the past 12 months, average hourly earnings have increased by 3.1
\npercent. Average hourly earnings of private-sector production and
\nnonsupervisory employees increased by 4 cents to $23.43 in June. (See
\ntables B-3 and B-8.)<\/p>\n

The average workweek for all employees on private nonfarm payrolls
\nwas unchanged at 34.4 hours in June. In manufacturing, the average
\nworkweek edged up 0.1 hour to 40.7 hours, while overtime was unchanged
\nat 3.4 hours. The average workweek for production and nonsupervisory
\nemployees on private nonfarm payrolls held at 33.6 hours. (See tables
\nB-2 and B-7.)<\/p>\n

The change in total nonfarm payroll employment for April was revised
\ndown from +224,000 to +216,000, and the change for May was revised
\ndown from +75,000 to +72,000. With these revisions, employment gains
\nin April and May combined were 11,000 less than previously reported.
\n(Monthly revisions result from additional reports received from
\nbusinesses and government agencies since the last published estimates
\nand from the recalculation of seasonal factors.) After revisions,
\njob gains have averaged 171,000 per month over the last 3 months.<\/p>\n

_____________
\nThe Employment Situation for July is scheduled to be released
\non Friday, August 2, 2019, at 8:30 a.m. (EDT).<\/p>\n

_______________________________________________________________________
\n|\t\t\t\t\t\t\t\t\t|
\n| 2019 Preliminary Benchmark Revision to Establishment Survey \t|
\n| Data to be released August 21, 2019\t\t\t|
\n|\t\t\t\t\t\t\t\t\t|
\n| Each year, the establishment survey estimates are benchmarked to\t|
\n| comprehensive counts of employment from the Quarterly Census of\t|
\n| Employment and Wages (QCEW) for the month of March. These counts\t|
\n| are derived from state unemployment insurance (UI) tax records\t|
\n| that nearly all employers are required to file. On August 21,\t\t|
\n| 2019, at 10:00 a.m. (EDT), the Bureau of Labor Statistics (BLS) will\t|
\n| release the preliminary estimate of the upcoming annual benchmark\t|
\n| revision. This is the same day the first-quarter 2019 data from\t|
\n| QCEW will be issued. Preliminary benchmark revisions for all major\t|
\n| industry sectors, as well as total nonfarm and total private\t\t|
\n| employment, will be available on the BLS website at\t\t\t|
\n| www.bls.gov\/web\/empsit\/cesprelbmk.htm.\t\t\t\t|
\n| \t\t\t\t\t|
\n| The final benchmark revision will be issued with the publication\t|
\n| of the January 2020 Employment Situation news release in February\t|
\n| 2020.\t\t\t\t\t\t\t\t\t|
\n|_______________________________________________________________________|<\/p>\n