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Bureau Labor Statistic Report

Bureau Labor Statistic Report

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Published by Barbara Espinosa
Complete report on unemployment
Complete report on unemployment

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Published by: Barbara Espinosa on Oct 05, 2012
Copyright:Attribution Non-commercial

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 Transmission of material in this release is embargoed until
USDL-12-1981
8:30 a.m. (EDT) Friday, October 5, 2012
Technical information:Household data: (202) 691-6378 cpsinfo@bls.gov www.bls.gov/cpsEstablishment data: (202) 691-6555 • cesinfo@bls.gov • www.bls.gov/cesMedia contact: (202) 691-5902 PressOffice@bls.gov
T
HE
E
MPLOYMENT
S
ITUATION
 
S
EPTEMBER
2012
The
unemployment rate
decreased to 7.8 percent in September, and total
nonfarm payrollemployment
rose by 114,000, the U.S. Bureau of Labor Statistics reported today. Employmentincreased in health care and in transportation and warehousing but changed little in most other majorindustries.
Household Survey Data
The
unemployment rate
declined by 0.3 percentage point to 7.8 percent in September. For the first 8months of the year, the rate held within a narrow range of 8.1 and 8.3 percent. The number of 
unemployed persons
, at 12.1 million, decreased by 456,000 in September. (See table A-1.)Among the
major worker groups
, the unemployment rates for adult men (7.3 percent), adult women(7.0 percent), and whites (7.0 percent) declined over the month. The unemployment rates for teenagers(23.7 percent), blacks (13.4 percent), and Hispanics (9.9 percent) were little changed. The jobless ratefor Asians, at 4.8 percent (not seasonally adjusted), fell over the year. (See tables A-1, A-2, and A-3.)
-200-1000100200300400
Sep-10 Dec-10 Mar-11 Jun-11 Sep-11 Dec-11 Mar-12 Jun-12 Sep-12
Thousands
Chart 2. Nonfarm payroll employment over-the-monthchange, seasonally adjusted, September 2010 –September 2012
Percent7.08.09.010.011.0
Sep-10 Dec-10 Mar-11 Jun-11 Sep-11 Dec-11 Mar-12 Jun-12 Sep-12
Chart 1. Unemployment rate, seasonally adjusted,September 2010 –September 2012
 
 
- 2 -
In September, the number of 
job losers and persons who completed temporary jobs
decreased by468,000 to 6.5 million. (See table A-11.)The number of persons
unemployed for less than 5 weeks
declined by 302,000 over the month to 2.5million. The number of 
long-term unemployed
(those jobless for 27 weeks or more) was little changedat 4.8 million and accounted for 40.1 percent of the unemployed. (See table A-12.)Total
employment
rose by 873,000 in September, following 3 months of little change. The
employment-population ratio
increased by 0.4 percentage point to 58.7 percent, after edging down inthe prior 2 months. The overall trend in the employment-population ratio for this year has been flat. The
civilian labor force
rose by 418,000 to 155.1 million in September, while the
labor force participationrate
was little changed at 63.6 percent. (See table A-1.)The number of persons employed
part time for economic reasons
(sometimes referred to asinvoluntary part-time workers) rose from 8.0 million in August to 8.6 million in September. Theseindividuals were working part time because their hours had been cut back or because they were unableto find a full-time job. (See table A-8.)In September, 2.5 million persons were
marginally attached to the labor force
, essentially unchangedfrom a year earlier. (These data are not seasonally adjusted.) These individuals were not in the laborforce, wanted and were available for work, and had looked for a job sometime in the prior 12 months.They were not counted as unemployed because they had not searched for work in the 4 weeks precedingthe survey. (See table A-16.)Among the marginally attached, there were 802,000
discouraged workers
in September, a decline of 235,000 from a year earlier. (These data are not seasonally adjusted.) Discouraged workers are personsnot currently looking for work because they believe no jobs are available for them. The remaining 1.7million persons marginally attached to the labor force in September had not searched for work in the 4weeks preceding the survey for reasons such as school attendance or family responsibilities. (See tableA-16.)
Establishment Survey Data
Total
nonfarm payroll employment
increased by 114,000 in September. In 2012, employment growthhas averaged 146,000 per month, compared with an average monthly gain of 153,000 in 2011. InSeptember, employment rose in health care and in transportation and warehousing. (See table B-1.)
Health care
added 44,000 jobs in September. Job gains continued in ambulatory health care services(+30,000) and hospitals (+8,000). Over the past year, employment in health care has risen by 295,000.In September, employment increased by 17,000 in
transportation and warehousing
. Within theindustry, there were job gains in transit and ground passenger transportation (+9,000) and inwarehousing and storage (+4,000).Employment in
financial activities
edged up in September (+13,000), reflecting modest job growth incredit intermediation (+6,000) and real estate (+7,000).
 
- 3 -
Manufacturing
employment edged down in September (-16,000). On net, manufacturing employmenthas been unchanged since April. In September, job losses occurred in computer and electronic products(-6,000) and in printing and related activities (-3,000).Employment in other major industries, including
mining and logging
,
construction
,
wholesale trade
,
retail trade
,
information
,
professional and business services
,
leisure and hospitality
, and
government
, showed little change over the month.The
average workweek for all employees
on private nonfarm payrolls edged up by 0.1 hour to 34.5hours in September. The manufacturing workweek edged up by 0.1 hour to 40.6 hours, and factoryovertime was unchanged at 3.2 hours. The average workweek for
production and nonsupervisoryemployees
on private nonfarm payrolls was unchanged at 33.7 hours. (See tables B-2 and B-7.)In September,
average hourly earnings for all employees
on private nonfarm payrolls rose by 7 centsto $23.58. Over the past 12 months, average hourly earnings have risen by 1.8 percent. In September,average hourly earnings of private-sector
production and nonsupervisory employees
increased by 5cents to $19.81. (See tables B-3 and B-8.)The change in total nonfarm payroll employment for July was revised from +141,000 to +181,000, andthe change for August was revised from +96,000 to +142,000.____________
The Employment Situation for October is scheduled to be released on Friday, November 2, 2012,at 8:30 a.m. (EDT).
 

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