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
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

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
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.

Since a recent low in October 2009, mining employment has expanded by 172,000.

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.
employment changed little in January. Over the past 12 months, the sector has lost
added 10,000 jobs in January, with most of the gain in support activities for mining (+8,000).
employment increased by 14,000 over the month. Since a recent employment low in
continued to add jobs in January (+70,000). About half of the