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


	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)

At a Glance

Employment Situation

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• (Y / Y)

Average weekly hours of production

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Average hourly earnings

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Average weekly earnings

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