Friday, February 3, 2012

U.S. adds 243,000 jobs in January

Total nonfarm payroll employment rose by 243,000 in January, and the unemployment rate decreased to 8.3 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread in the private sector, with large employment gains in professional and business services, leisure and hospitality, and manufacturing. Government employment changed little over the month.

Private-sector employment grew by 257,000, with the largest employment gains in professional and business services, leisure and hospitality, and manufacturing. Government employment was little changed over the month.

 Professional and business services continued to add jobs in January (+70,000). About half of the increase occurred in employment services (+33,000). Job gains also occurred in accounting and bookkeeping (+13,000) and in architectural and engineering services (+7,000).

Over the month, employment in leisure and hospitality increased by 44,000, primarily in food services and drinking places (+33,000). Since a recent low in February 2010, food services has added 487,000 jobs.

In January, health care employment continued to grow (+31,000). Within the industry, hospitals and ambulatory care services each added 13,000 jobs.

 Wholesale trade employment increased by 14,000 over the month. Since a recent employment low in May 2010, wholesale trade has added 144,000 jobs.

Employment in retail trade continued to trend up in January. Job gains in department stores (+19,000), health and personal care stores (+7,000), and automobile dealers (+7,000) were partially offset by losses in clothing and clothing accessory stores (-14,000). Since an employment trough in December 2009, retail trade has added 390,000 jobs.

In January, employment in information declined by 13,000, including a loss of 8,000 jobs in the motion picture and sound recording industry.

In the goods-producing sector, manufacturing added 50,000 jobs. Nearly all of the increase occurred in durable goods manufacturing, with job growth in fabricated metal products (+11,000), machinery (+11,000), and motor vehicles and parts (+8,000). Durable goods manufacturing has added 418,000 jobs over the past 2 years.

Employment in construction increased by 21,000 in January, following a gain of 31,000 in the previous month. Over the past 2 months, nonresidential specialty trade contractors added 30,000 jobs.

Mining added 10,000 jobs in January, with most of the gain in support activities for mining (+8,000). Since a recent low in October 2009, mining employment has expanded by 172,000.

Government employment changed little in January. Over the past 12 months, the sector has lost 276,000 jobs, with declines in local government; state government, excluding education; and the U.S. Postal Service.

The average workweek for all employees on private nonfarm payrolls was unchanged in January. The manufacturing workweek increased by 0.3 hour to 40.9 hours, and factory overtime increased by 0.1 hour to 3.4 hours.

Wednesday, February 1, 2012

Pittsburgh Unemployment Down to 6.9% in December

HARRISBURG (JANUARY 31) – In December, the seasonally adjusted unemployment rate in the seven-county Pittsburgh Metropolitan Statistical Area (MSA) was down two-tenths of a percentage point to 6.9 percent. The local rate remained below Pennsylvania’s rate (7.6%), which fell three-tenths of a percentage point, and the United States’ rate (8.5%), which was down two-tenths of a percentage point. 

Over the year, the Pittsburgh MSA’s unemployment rate was down a full percentage point, while Pennsylvania’s rate and the national rate were both down nine-tenths of a percentage point.

Among the commonwealth’s 14 MSAs, the Pittsburgh MSA was tied for the 5th lowest unemployment rate in December. Within the Pittsburgh MSA, Butler County (6.4%) had the lowest rate while Fayette County (8.6%) had the highest rate. 

Among Pennsylvania’s 67 counties, unemployment rates ranged from 5.1 percent in Centre County to 11.5 percent in Cameron County.

Seasonally adjusted total nonfarm jobs in the Pittsburgh MSA rose 5,200 in December to 1,156,300, the highest level since April 2001. December marked the tenth increase in 2011. Pennsylvania’s nonfarm job count increased by 6,500 in December to 5,699,100, the highest level since January 2009. Jobs in the Pittsburgh MSA were up 26,600 (2.4%) from December 2010, while Pennsylvania’s jobs rose 59,200 (1.0%) from last year’s level.

Pittsburgh MSA service-providing jobs rose 4,200 in December, establishing a new record level of 1,016,900 jobs. Trade, transportation, & utilities (+5,200) accounted for a majority of the service-providing jobs increase as local retailers continued to add seasonal employment. 

Leisure & hospitality and education & health services supersectors incurred the largest over-the-month declines, down 900 jobs each. Both declines were expected as leisure & hospitality generally shows a sizable decline in December, and education & health services typically experiences a reduction in employment due to the ending of the fall school semester. 

Over the year, education & health services (+10,400) and trade, transportation, & utilities (+7,700) have provided the greatest job growth, while government (-1,000) and information (-200) have experienced the largest employment declines.

Truly a 'Burgh Thing!

Truly a 'Burgh Thing!
by Randy Bish, Pittsburgh Tribune Review

Job News and Information for Job Seekers and Recruiters

Job News and Information for Job Seekers and Recruiters