U.S. economy continue to add jobs in November

U.S. Employment Report

The nonfarm payrolls grew 155,000 in November, as faster hiring puts more money in the hands of consumers, what usually leads to an increase in spending, as the nonfarm payrolls increase in public and private sectors.
In November economy added 155,000 jobs on the seasonally adjusted basis reported by the Labor Department.

Companies in the private service providing sector hired 132,000 workers and payrolls in goods-producing industries rose by 29,000, bringing overall job growth in the pivate sector to 161,000. Nonfarm payrolls were strong accross the board in the November report, improvement in the private sector, was followed by the job growth in public sector, as the government hired 13,000 people.

As the year goes on, companies have been hiring at a faster clip as Americans increase spending and consumer confidence rises, economists have seen a steady improvement in the jobs market and recruiting activity.
Current report confirms positive trends in the nonfarm payrolls. Total number of employed persons in the U.S. rose by 0.15 % to 156,80 millions, the health care and social assistance sectors hired 40,100 employees , the information sector fared poorly by trimming -8,000 jobs.

At Nov. 2018 Total number of unemployed persons deacreased to 5.98 millions, a deacrease of 100.00 thousands or -1.65 % from Oct. 2018, Unemployment rate remained unchanged from Oct. 2018. In November 155,000 nonfarm payrolls were created.

Labor force

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The November employment report showed a slight increase in workers' hourly wages by 0.18 % despite decrease in hours of production, on the seasonally adjusted basis, hourly earnings in the information sector rose the most to $40.72, the hourly wages in wholesale trade sector fell the most to $30.72, reported by the U.S. Labor Department.
Improving wages are one of the major contributors to the fast rate of hiring since consumption accounts for as much as 70% of U.S. growth. When people have more to spend, business have enough demand for their goods and services to hire more workers.

The number of employed persons increased to 156.80 millions by 233.00 thousands or 0.15 % in Nov. 2018.

Total Labor force increased to 162.77 millions.
Average weekly earnings where $940.84 dollars, in Nov. 2018

Average Weekly Hours of Production


	The report showed some strength as decline in unemployment, outpaced increase in the labor force. Unemployment decreased to 5.98 million, a decrease by -100,000 from 6.08 million in October by -1.65 % on the seasonally adjusted basis. The labor force increased by 133,000 in November, the labor force participation rate has held steady at 62.90 %. Construction Industry fell to 38.80 hours per week, from Oct. 2018; Manufacturing Industry remained unchanged Durable goods Industry fell to 40.20 hours per week, Nondurable goods Industry advanced to 40.30 hours per week. Average Weekly Hours of Production for private serviceproviding industry remained unchanged from Oct. 2018; Trade, transportation & utilities Industry grew to 34.40 hours per week, from Oct. 2018 . Financial activities Industry Average Weekly Hours of Production remained unchanged from Oct. 2018.

Average workweek fell by -0.29 % to 34.40hours, a decrease by $0.10 from 34.50 in October on the seasonally adjusted basis. This led to decline in average weekly earnings in the private sector to $940.84 from $941.85 in the previous month. Information Industry Average Weekly Hours of Production remained unchanged from Oct. 2018; Professional & business services Industry fell to 36.10 hours per week, from Oct. 2018; Education & health services Industry fell to 32.90 hours per week, from Oct. 2018; Leisure & hospitality Industry fell to 26.00 hours per week, from Oct. 2018; Other services Industry remained unchanged from Oct. 2018.

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Employment Situation ( in millions or %)	Nov. 2018 prel.	Oct. 2018 prel.	Sep. 2018 prel.	Aug. 2018 prel.	July 2018 prel.	June 2018 prel.
Unemployment rate	3.7 %	3.7 %	3.7 %	3.9 %	3.9 %	4 %
Number of unemployed persons	5.975	6.075	5.964	6.234	6.280	6.564
Number of Employed persons	156.795	156.562	155.962	155.542	155.965	155.576
Employment/population ratio	60.6 %	60.6 %	60.4 %	60.3 %	60.5 %	60.4 %
Civilian labor force	162.770	162.637	161.926	161.776	162.245	162.140
Participation rate	62.9 %	62.9 %	62.7 %	62.7 %	62.9 %	62.9 %
Civilian noninstitutional population	258.708	258.514	258.290	258.066	257.843	257.642
Persons who currently want a job outside CLF	5.397	5.309	5.237	5.389	5.163	5.258
EMPLOYMENT BY SELECTED INDUSTRY (Over-the-month change, in thousands)	Nov. 2018 prel.	Oct. 2018 prel.	Sep. 2018 prel.	Aug. 2018 prel.	July 2018 prel.	June 2018 prel.
Nonfarm Payrolls	+155.0	+250.0	+134.0	+270.0	+157.0	+213.0
Total Private Payrolls	+161.0	+246.0	+121.0	+254.0	+170.0	+202.0
Goods-producing Payrolls	+29.0	+67.0	+46.0	+37.0	+52.0	+53.0
Mining & logging	-3.0	+5.0	+5.0	+6.0	-4.0	+4.0
Construction	+5.0	+30.0	+23.0	+26.0	+19.0	+13.0
Manufacturing Payrolls	+3.5	+3.5	+18.0	+5.0	+3.5	+3.5
Durable goods	+15.0	+21.0	+17.0	+5.0	+32.0	+32.0
Motor vehicles and parts	-0.8	+6.8	-0.4	+1.6	+5.9	+12.0
Nondurable goods	+12.0	+11.0	+1.0	-	+5.0	+4.0
Private service-providing Payrolls	+132.0	+179.0	+75.0	+217.0	+118.0	+149.0
Wholesale trade	+9.5	+9.1	+4.4	+21.3	+12.3	+2.9
Retail trade	+18.2	+2.4	-20.0	+11.5	+7.1	-21.6
Transportation and warehousing	+25.4	+24.8	+23.8	+21.3	-1.3	+15.4
Information	-8.0	+7.0	-	-3.0	-	-
Financial activities	+6.0	+7.0	+13.0	+12.0	-5.0	+8.0
Professional and business services	+32.0	+35.0	+54.0	+65.0	+51.0	+50.0
Temporary help services	+8.3	+3.3	+10.6	+12.4	+27.9	+9.3
Education and health services	+34.0	+44.0	+18.0	+58.0	+22.0	+54.0
Health care and social assistance	+40.1	+46.7	+29.8	+42.4	+33.5	+34.7
Leisure and hospitality	+15.0	+42.0	-17.0	+21.0	+40.0	+25.0
Other services	-1.0	+9.0	+9.0	+9.0	-5.0	+16.0
Government Payrolls	+13.0	+16.0	+16.0	+16.0	-13.0	+11.0

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 ($)	Nov. 2018 prel.	Oct. 2018 prel.	Sep. 2018 prel.	Aug. 2018 prel.	July 2018 prel.	June 2018 prel.
Total private	940.84	941.85	939.78	937.02	933.23	930.81
Goods producing	1,147.74	1,144.52	1,142.91	1,145.75	1,144.92	1,140.08
Natural resources & mining	1,510.03	1,507.82	1,509.57	1,505.58	1,495.48	1,514.04
Construction	1,174.86	1,175.17	1,174.00	1,176.00	1,176.48	1,167.60
Manufacturing	1,109.76	1,106.09	1,104.46	1,107.16	1,104.71	1,104.30
Overtime hours	-	-	-	-	-	-
Durable goods	1,152.13	1,367.52	1,160.76	1,220.08	1,341.90	1,173.28
Nondurable goods	995.81	992.07	993.34	995.81	992.14	990.87
Private serviceproviding	901.76	900.43	898.10	895.44	891.44	891.78
Trade, transportation & utilities	812.18	809.82	810.12	810.06	802.82	803.76
Wholesale trade	1,195.01	1,196.20	1,201.23	1,197.69	1,182.87	1,194.11
Retail trade	588.03	583.97	584.97	583.73	581.57	579.70
Transportation & warehousing	956.00	955.50	951.49	950.72	949.26	943.71
Utilities	1,729.65	1,726.10	1,720.41	1,708.26	1,698.44	1,690.25

Information	1,469.99	1,458.08	1,465.83	1,440.40	1,418.04	1,421.64
Financial activities	1,329.43	1,324.13	1,313.63	1,314.12	1,310.36	1,300.21
Professional & business services	1,184.44	1,185.91	1,180.11	1,178.30	1,175.78	1,169.98
Education & health services	894.88	897.27	893.31	891.99	889.62	892.65
Leisure & hospitality	420.94	420.47	417.56	418.38	417.34	418.41
Other services	784.10	783.15	778.46	778.36	773.16	772.53

Average weekly hours of production by Industry	Nov. 2018 prel.	Oct. 2018 prel.	Sep. 2018 prel.	Aug. 2018 prel.	July 2018 prel.	June 2018 prel.
Total private	34.40	34.50	34.50	34.50	34.50	34.50
Goods producing	40.30	40.30	40.30	40.50	40.60	40.50
Natural resources & mining	45.80	45.90	45.80	46.00	46.10	46.50
Construction	38.80	38.90	38.90	39.20	39.40	39.30
Manufacturing	40.80	40.80	40.80	40.90	40.90	40.90
Overtime hours	-	-	-	-	-	-
Durable goods	40.20	48.00	40.80	42.90	47.30	41.40
Nondurable goods	40.30	40.10	40.20	40.30	40.20	40.10
Private serviceproviding	33.30	33.30	33.30	33.30	33.30	33.40
Trade, transportation & utilities	34.40	34.30	34.40	34.50	34.50	34.60
Wholesale trade	38.90	38.80	38.90	39.00	39.00	39.10
Retail trade	30.90	30.80	31.00	31.00	31.10	31.20
Transportation & warehousing	39.10	39.00	38.90	38.90	39.00	38.90
Utilities	42.30	42.10	41.90	41.90	41.70	41.90

Information	36.10	36.10	36.40	36.20	36.00	35.90
Financial activities	37.80	37.80	37.50	37.60	37.60	37.60
Professional & business services	36.10	36.20	36.10	36.10	36.20	36.20
Education & health services	32.90	33.00	33.00	33.00	32.90	33.00
Leisure & hospitality	26.00	26.10	26.00	26.10	26.10	26.20
Other services	31.90	31.90	31.80	31.90	31.70	31.70

Average hourly earnings ($)	Nov. 2018 prel.	Oct. 2018 prel.	Sep. 2018 prel.	Aug. 2018 prel.	July 2018 prel.	June 2018 prel.
Total private	27.35	27.30	27.24	27.16	27.05	26.98
Goods producing	28.48	28.40	28.36	28.29	28.20	28.15
Natural resources & mining	32.97	32.85	32.96	32.73	32.44	32.56
Construction	30.28	30.21	30.18	30.00	29.86	29.71
Manufacturing	27.20	27.11	27.07	27.07	27.01	27.00
Overtime hours	-	-	-	-	-	-
Durable goods	28.66	28.49	28.45	28.44	28.37	28.34
Nondurable goods	24.71	24.74	24.71	24.71	24.68	24.71
Private serviceproviding	27.08	27.04	26.97	26.89	26.77	26.70
Trade, transportation & utilities	23.61	23.61	23.55	23.48	23.27	23.23
Wholesale trade	30.72	30.83	30.88	30.71	30.33	30.54
Retail trade	19.03	18.96	18.87	18.83	18.70	18.58
Transportation & warehousing	24.45	24.50	24.46	24.44	24.34	24.26
Utilities	40.89	41.00	41.06	40.77	40.73	40.34

Information	40.72	40.39	40.27	39.79	39.39	39.60
Financial activities	35.17	35.03	35.03	34.95	34.85	34.58
Professional & business services	32.81	32.76	32.69	32.64	32.48	32.32
Education & health services	27.20	27.19	27.07	27.03	27.04	27.05
Leisure & hospitality	16.19	16.11	16.06	16.03	15.99	15.97
Other services	24.58	24.55	24.48	24.40	24.39	24.37

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

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