As posted on my MN Headhunter blog:
I have not posted the United States monthly jobs reports in recent months. Below you will find all of the statistics from those months.
Other than a month or two of reasonably good job gains, job growth has remained nearly flat when you consider most agree that 150,000 jobs need to be created every month to keep pace with population growth. That being said, the economy is growing jobs.
So far in 2007 the economy is producing 133,000 jobs per month compared to 189,000 jobs per month in 2006.
I have inquired to a local economist how that works in years going forward (the need to create 150,000 jobs per month) if/when Baby Boomers start retiring/semi-retiring and will post that response when I get it.
Average hourly earnings were up $.06 or .3% to 3.8% for the previous 12 months.
National job gains, previous 13 months:
National unemployment rates, previous 13 months:
As posted on my MN Headhunter blog, September 28th
I am almost four weeks late with this post but hey, at least I got this in before the next months numbers.
The August employment numbers were released showing a slightly higher than expected increase of 128,000 jobs. The unemployment rate declined .1% to 4.7%. June and July numbers were revised a combined +18,000.
Winners:
Health care +35,000
Professional and business +26,000
Leisure and hospitality +16,000
Mining +5,000
Losers:
Retail -14,000
Manufacturing -11,000
Average hourly earnings were up .1% matching the estimate. Wages are up 3.9% over the previous 12 months.
National job gains:
December '05, 145,000
January '06, 154,000 (revised) 170,000 (first reported)
February '06, 200,000 (revised again) 225,000 (revised) 243,000 (first reported) 210,000 (consensus number)
March '06, 175,000 (revised again) 200,000 (revised) 211,000 (first reported) 190,000 (consensus number)
April '06, 126,000 (revised) 138,000 (first reported) 200,000 (consensus number)
May '06, 100,000 (revised again) 92,000 (revised) 75,000 (first reported) 175,000 (consensus number)
June '06, 134,000 (revised again) 124,000 (revised) 121,000 (first reported) 185,000 (consensus number)
July '06, 121,000 (revised again) 113,00 (first reported) 142,000 (consensus number)
August ’06, 128,000 (first reported) 125,000 (consensus number)
National unemployment rates:
December '05, 4.9%
January '06, 4.7%
February '06, 4.8%
March '06, 4.7%
April '06, 4.7%
May '06, 4.6%
June '06, 4.6%
July '06, 4.8%
August ’06, 4.7%
As posted on my MN Headhunter blog, August 4th
Today the July employment numbers were released showing a much weaker than expected increase of 113,000 jobs. The unemployment rate unexpectedly rose .2% to 4.8% with 200,000 new jobless workers. May and June numbers were revised +11,000. Speculation is that a softening employment market will allow the Federal Reserve to halt its two-year increase of the interest rate. Winners:Professional and business +43,000-Computer systems design +12,000-Architectural and engineering services +10,000-Management and technical consulting +6,000Leisure and hospitality +29,000Health care +23,000Mining +8,000Construction +6,000
Losers:Manufacturing -15,000
Average hourly earnings were up .4% from the estimated .3%. Wages are up 3.8% over the previous 12 months. National job gains:December '05, 145,000 January '06, 154,000 (revised) 170,000 (first reported)February '06, 200,000 (revised again) 225,000 (revised) 243,000 (first reported) 210,000 (consensus number)March '06, 175,000 (revised again) 200,000 (revised) 211,000 (first reported) 190,000 (consensus number)April '06, 126,000 (revised) 138,000 (first reported) 200,000 (consensus number)May '06, 100,000 (revised again) 92,000 (revised) 75,000 (first reported) 175,000 (consensus number)June '06, 124,000 (revised) 121,000 (first reported) 185,000 (consensus number)July '06, 113,00 (first reported) 142,000 (consensus number) National unemployment rates:December '05, 4.9%January '06, 4.7%February '06, 4.8%March '06, 4.7%April '06, 4.7%May '06, 4.6%June '06, 4.6%July '06, 4.8%
