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May job growth slows to 75,000

U.S. Employment Report



The U.S. added less jobs in May, but the unemployment rate remained unchanged 3.6 %,
The economy gained a net 75,000 non-farm jobs in May on the seasonally adjusted basis, the Labor Department said.

While one month does not make a trend and we are coming off few solid payroll reports, the employment report suggests that momentum is slowing relative to market expectations. Total number of employed persons in the U.S. rose by 0.07 % to 156,76 millions, as professional and business services sectors created 33,000 new jobs, the retail sector has lost -7,600 jobs.


At May 2019 Total number of unemployed persons grew to 5.89 millions, an increase of 64.00 thousands or 1.10 % from April 2019, Unemployment rate remained unchanged from April 2019. In May 75,000 nonfarm payrolls were created.


Labor force
Average hourly earnings grew modestly in May by 0.22 % to $27.83, an increase of $0.06 from $27.77 in April on the seasonally adjusted basis, the biggest increases occurred in transportation and warehousing to $24.87, the education and health services sectors fared poorly with declining hourly earnings to $27.48, reported by the Labor Department.
On a year-over-year basis, earnings were up 3.38 %, This is above the % year-over-year increase in the consumer price index in May.

The number of employed persons increased to 156.76 millions by 113.00 thousands or 0.07 % in May 2019.

Total Labor force increased to 162.65 millions.
Average weekly earnings where $957.35 dollars, in May 2019


Average Weekly Hours of Production


 Employement situation (Picture Autor: Flickr by Brad & Sabrina at http://flickr.com/photos/19078064@N00/184665954) The Labor Department regularly updates the figures to incorporate tax and other government data as well as fresh information from businesses that take part in the employment survey. The number of unemployed people have climbed to 5.89 million, an increase of 64,000 from 5.82 in April by 1.10 % on the seasonally adjusted basis.
The number of people entered the labor force in May matched the natural growth rate of U.S. poulation, the labor force participation rate has held steady at 62.80 %.


Construction Industry remained unchanged from April 2019; Manufacturing Industry fell to 40.60 hours per week, Durable goods Industry increased to 43.80 hours per week, Nondurable goods Industry fell to 39.90 hours per week.

Average Weekly Hours of Production for private serviceproviding industry remained unchanged from April 2019; Trade, transportation & utilities Industry fell to 34.20 hours per week, from April 2019 .

Financial activities Industry Average Weekly Hours of Production fell to 37.60 hours per week, from April 2019.
Average workweek remained unchanged in May on the seasonally adjusted basis, hours worked at the durable goods manufacturers grew at the highest pace to 43.80 hours, the biggest decline was in natural resources and mining to 46.30 hours, reported by the U.S. Labor Department.
With modest growth in hourly earnings and unchanged in hours worked, average weekly earnings increased in the private sector to $957.35 from $955.29 in the previous month.

Information Industry Average Weekly Hours of Production went up to 36.40 hours per week, from April 2019; Professional & business services Industry increased to 36.30 hours per week, from April 2019;
Education & health services Industry remained unchanged from April 2019; Leisure & hospitality Industry fell to 25.90 hours per week, from April 2019; Other services Industry fell to 31.80 hours per week, from April 2019.





Employment Situation
( in millions or %)
May 2019

prel.
April 2019

prel.
March 2019

prel.
Feb. 2019

prel.
Jan. 2019

prel.
Dec. 2018

prel.
Unemployment rate
3.6 % 3.6 % 3.8 % 3.8 % 4 % 3.9 %
Number of unemployed persons
5.888 5.824 6.211 6.235 6.535 6.294
Number of Employed persons
156.758 156.645 156.748 156.949 156.694 156.945
Employment/population ratio
60.6 % 60.6 % 60.6 % 60.7 % 60.7 % 60.6 %
Civilian labor force
162.646 162.470 162.960 163.184 163.229 163.240
Participation rate
62.8 % 62.8 % 63 % 63.2 % 63.2 % 63.1 %
Civilian noninstitutional population
258.861 258.693 258.537 258.392 258.239 258.888
Persons who currently want a job outside CLF
5.045 5.121 5.227 5.222 5.254 5.327
EMPLOYMENT BY SELECTED INDUSTRY
(Over-the-month change, in thousands)
May 2019
prel.
April 2019
prel.
March 2019
prel.
Feb. 2019
prel.
Jan. 2019
prel.
Dec. 2018
prel.
Nonfarm Payrolls
+75.0 +263.0 +196.0 +20.0 +304.0 +222.0
Total Private Payrolls
+90.0 +236.0 +182.0 +25.0 +296.0 +206.0
Goods-producing Payrolls
+8.0 +34.0 +12.0 -32.0 +72.0 +53.0
Mining & logging
+1.0 -3.0 +2.0 -5.0 +7.0 +5.0
Construction
+4.0 +33.0 +16.0 -31.0 +52.0 +28.0
Manufacturing Payrolls
+3.4 +3.4 +3.4 +3.5 +3.5 +3.6
Durable goods
+4.0 - -7.0 +5.0 +20.0 +17.0
Motor vehicles and parts
+2.8 -1.5 -6.3 +1.3 +0.7 +1.8
Nondurable goods
-1.0 +4.0 +1.0 -1.0 -7.0 +3.0
Private service-providing Payrolls
+82.0 +202.0 +170.0 +57.0 +224.0 +153.0
Wholesale trade
+7.1 +9.9 -2.0 +10.9 +4.7 +10.9
Retail trade
-7.6 -12.0 -11.7 -6.1 +20.8 -12.0
Transportation and warehousing
-0.2 +11.1 +7.3 -3.0 +26.6 -4.9
Information
-5.0 -1.0 +10.0 - -4.0 -4.0
Financial activities
+2.0 +12.0 +11.0 +6.0 +13.0 +4.0
Professional and business services
+33.0 +76.0 +37.0 +42.0 +30.0 +29.0
Temporary help services
+5.1 +17.9 -5.4 +5.8 +1.0 +7.9
Education and health services
+27.0 +62.0 +70.0 +4.0 +55.0 +67.0
Health care and social assistance
+24.0 +52.6 +61.2 +22.5 +45.4 +55.5
Leisure and hospitality
+26.0 +34.0 +33.0 - +74.0 +55.0
Other services
- - - -1.0 +9.0 +9.0
Government Payrolls
- - - +13.0 +16.0 +16.0



Civilian labor force
is the sum of employed and unemployed persons.
 
Unemployment Rate
is the number unemployed as a percent of the labor force.
 
Labor force participation rate
is the labor force as a percent of the population.
 
Employment-population ratio
is the employed as a percent of the population.




Average weekly Salary by Industry ($) May 2019

prel.
April 2019

prel.
March 2019

prel.
Feb. 2019

prel.
Jan. 2019

prel.
Dec. 2018

prel.
Total private
957.35 955.29 955.65 951.50 950.82 949.79
Goods producing
1,164.27 1,160.64 1,161.54 1,152.13 1,158.73 1,161.16
Natural resources & mining
1,551.51 1,562.12 1,527.37 1,514.85 1,506.09 1,515.40
Construction
1,199.59 1,196.46 1,199.73 1,184.51 1,204.58 1,197.37
Manufacturing
1,119.34 1,118.03 1,114.37 1,114.37 1,110.17 1,117.80
Overtime hours
- - - - - -
Durable goods
1,271.95 1,143.13 1,003.52 1,222.05 1,197.99 1,238.83
Nondurable goods
998.30 999.69 994.55 996.96 990.07 998.63
Private serviceproviding
918.41 916.75 914.75 913.42 910.76 908.09
Trade, transportation & utilities
824.90 823.54 823.54 818.06 815.67 816.34
Wholesale trade
1,220.68 1,214.85 1,219.14 1,210.17 1,206.27 1,205.88
Retail trade
597.73 597.73 593.64 593.64 589.26 588.74
Transportation & warehousing
957.50 956.81 957.20 947.63 949.70 955.89
Utilities
1,761.46 1,752.26 1,761.43 1,760.35 1,755.68 1,759.60
 
Information
1,515.33 1,511.53 1,514.07 1,509.90 1,504.93 1,497.23
Financial activities
1,350.59 1,347.78 1,339.86 1,343.41 1,338.73 1,331.42
Professional & business services
1,213.15 1,209.08 1,209.52 1,200.75 1,194.96 1,190.22
Education & health services
906.84 908.49 908.60 906.84 905.19 901.56
Leisure & hospitality
427.35 427.70 427.78 426.14 425.43 423.02
Other services
792.46 794.63 794.56 797.50 796.54 793.99




Average weekly hours of production by Industry May 2019

prel.
April 2019

prel.
March 2019

prel.
Feb. 2019

prel.
Jan. 2019

prel.
Dec. 2018

prel.
Total private
34.40 34.40 34.50 34.40 34.50 34.50
Goods producing
40.30 40.30 40.50 40.20 40.70 40.60
Natural resources & mining
46.30 46.70 46.20 46.10 46.10 46.30
Construction
39.10 39.10 39.40 38.90 39.90 39.40
Manufacturing
40.60 40.70 40.70 40.70 40.80 40.90
Overtime hours
- - - - - -
Durable goods
43.80 39.50 34.70 42.30 41.80 43.00
Nondurable goods
39.90 40.10 40.20 40.20 40.10 40.30
Private serviceproviding
33.30 33.30 33.30 33.30 33.30 33.30
Trade, transportation & utilities
34.20 34.30 34.30 34.20 34.20 34.30
Wholesale trade
38.90 39.00 39.00 39.00 39.00 39.00
Retail trade
30.70 30.70 30.60 30.60 30.50 30.60
Transportation & warehousing
38.50 38.80 38.80 38.60 38.70 39.00
Utilities
42.10 41.90 42.20 42.50 42.50 42.40
 
Information
36.40 36.30 36.30 36.20 35.90 36.20
Financial activities
37.60 37.70 37.70 37.80 37.70 37.60
Professional & business services
36.30 36.20 36.30 36.20 36.20 36.10
Education & health services
33.00 33.00 33.10 33.00 33.00 33.00
Leisure & hospitality
25.90 26.00 26.10 26.00 26.10 26.00
Other services
31.80 31.90 32.00 31.90 31.90 31.90




Average hourly earnings ($) May 2019

prel.
April 2019

prel.
March 2019

prel.
Feb. 2019

prel.
Jan. 2019

prel.
Dec. 2018

prel.
Total private
27.83 27.77 27.70 27.66 27.56 27.53
Goods producing
28.89 28.80 28.68 28.66 28.47 28.60
Natural resources & mining
33.51 33.45 33.06 32.86 32.67 32.73
Construction
30.68 30.60 30.45 30.45 30.19 30.39
Manufacturing
27.57 27.47 27.38 27.38 27.21 27.33
Overtime hours
- - - - - -
Durable goods
29.04 28.94 28.92 28.89 28.66 28.81
Nondurable goods
25.02 24.93 24.74 24.80 24.69 24.78
Private serviceproviding
27.58 27.53 27.47 27.43 27.35 27.27
Trade, transportation & utilities
24.12 24.01 24.01 23.92 23.85 23.80
Wholesale trade
31.38 31.15 31.26 31.03 30.93 30.92
Retail trade
19.47 19.47 19.40 19.40 19.32 19.24
Transportation & warehousing
24.87 24.66 24.67 24.55 24.54 24.51
Utilities
41.84 41.82 41.74 41.42 41.31 41.50
 
Information
41.63 41.64 41.71 41.71 41.92 41.36
Financial activities
35.92 35.75 35.54 35.54 35.51 35.41
Professional & business services
33.42 33.40 33.32 33.17 33.01 32.97
Education & health services
27.48 27.53 27.45 27.48 27.43 27.32
Leisure & hospitality
16.50 16.45 16.39 16.39 16.30 16.27
Other services
24.92 24.91 24.83 25.00 24.97 24.89







Source: Department of Labor
Picture Autor: (Flickr by Brad & Sabrina at http://flickr.com/photos/19078064@N00/184665954)




     
       
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