current employment statistics highlights march 2017...march 2017 release date: april 7, 2017...

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March 2017 Release Date: April 7, 2017 Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey U.S. Bureau of Labor Statistics 202-691-6555 Email CES Contents Summary Mining & Logging Construction Manufacturing Wholesale Trade Retail Trade Transportation, Warehousing, & Utilities Information Financial Activities Professional & Business Services Private Education & Health Services Leisure & Hospitality Other Services Government Current Employment Statistics Highlights Detailed Industry Employment Analysis Current Employment Statistics Highlights

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Page 1: Current Employment Statistics Highlights March 2017...March 2017 Release Date: April 7, 2017 Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey

March 2017

Release Date: April 7, 2017

Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey

U.S. Bureau of Labor Statistics

202-691-6555Email CES

Contents

Summary

Mining & Logging

Construction

Manufacturing

Wholesale Trade

Retail Trade

Transportation, Warehousing, & Utilities

Information

Financial Activities

Professional & Business Services

Private Education & Health Services

Leisure & Hospitality

Other Services

Government

Current Employment Statistics Highlights

Detailed Industry Employment Analysis

Current Employment Statistics

Highlights

Page 2: Current Employment Statistics Highlights March 2017...March 2017 Release Date: April 7, 2017 Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey

Current Employment Statistics Summary, March 2017

CES Highlights

Release Date: April 7, 2017

Services to building and dwellings added

17,000 jobs in March following little change in

February; the average change over the 2-

month span is in line with recent employment

trends.

+11,000 Mining and Logging

Mining employment rose by 11,000 in

March, largely in support activities for mining

(+9,000). Since a recent employment low in

October, mining has added 35,000 jobs.

Nonfarm employment edged up in March

(+98,000), following gains in January

(+216,000) and February (+219,000).

In March, professional and business services

and mining added jobs, while employment in

retail trade declined.

The employment changes for February and

January incorporate downward revisions

totaling 38,000.

Average hourly earnings of all private-

sector employees increased by 5 cents,

following a 7-cent gain in February. Hourly

earnings are up 2.7 percent over the year.

Average weekly hours were unchanged at 34.3

hours in March.

+56,000 Professional and Business Services

Employment continued to trend up in

professional and technical services in March

(+22,000). Within this industry, architectural

and engineering services added jobs (+7,000);

monthly employment growth has averaged

7,000 thus far in 2017, compared with an

average +2,000 per month in 2016.

190

151

272

329

246

304

202

230

280

227

312

255

234

238

86

262

344

206

254

157

100

321

272

239

126

237

225

153

43

297

291

176

249

124

164

155

216

219

98

0

50

100

150

200

250

300

350

400

Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17

Employment in total nonfarmOver-the-month change, January 2014–March 2017Seasonally adjusted, in thousands

Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.Most recent 2 months of data are preliminary.

Summary Mining & Logging

Construction Manufacturing Trade:

Wholesale Retail

Transp., Warehousing

& Utilities Information

Financial Activities

Professional & Business

Services

Private Education & Health Services

Leisure & Hospitality

Other Services

Government

Page 3: Current Employment Statistics Highlights March 2017...March 2017 Release Date: April 7, 2017 Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey

CES Highlights

Release Date: April 7, 2017

-30,000 Retail Trade

In retail trade, general merchandise stores

lost 35,000 jobs in March. Employment in

general merchandise stores has declined by

89,000 since October.

+16,000 Education and Health Services

Among health care providers, employment

rose in hospitals (+9,000) and in outpatient

care centers (+6,000). Thus far this year,

health care has added an average of 20,000

jobs per month, compared to 32,000 per

month in 2016.

+6,000 Construction

Construction employment changed little

following a strong gain in February (+59,000).

Year to date, job growth has averaged 33,000

per month.

+11,000 Manufacturing

Manufacturing employment changed little

in March. However, since November 2016,

employment in the industry has trended up by

an average 17,000 per month. In the 12

months ending in November 2016,

employment had changed by an average -

2,000 per month.

+9,000 Financial Activities

Employment in financial activities continued

to trend up in March (+9,000). Over the year,

employment has increased by an average

15,000 per month.

9

1

9

16

56

9

-3

-1

4

-30

0

11

6

11

-60 -40 -20 0 20 40 60 80

Government

Other services

Leisure and hospitality

Education and health services

Professional and business services*

Financial activities

Information

Utilities

Transportation and warehousing

Retail trade

Wholesale trade

Manufacturing

Construction

Mining and logging*

Employment in total nonfarm

March 2017 Prior 12-month average

Over-the-month change, March 2017Seasonally adjusted, in thousands

Total nonfarm:98

Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.

Data are preliminary.

* denotes significance

Current Employment Statistics Survey Summary, March 2017

Summary Mining & Logging

Construction Manufacturing Trade:

Wholesale Retail

Transp., Warehousing

& Utilities Information

Financial Activities

Professional & Business

Services

Private Education & Health Services

Leisure & Hospitality

Other Services

Government

Page 4: Current Employment Statistics Highlights March 2017...March 2017 Release Date: April 7, 2017 Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey

Employment in mining increased by

11,000 in March. Since October 2016,

the industry has gained 35,000 jobs.

Support activities for mining added

9,000 jobs in March and 27,000 jobs

since October2016. The employment

gains are consistent with increases in

domestic oil-rig counts, which rose 5

percent in March.

3 3

8

6

0

2

4

2

5

-6

-1

-2

-6

-9

-14

-11

-22

-2

-10

-10

-12

-6

-11

-8

-12

-17

-14

-5 -5 -4

-2 -3

-1

-2

3

2

5

8 9

-30

-25

-20

-15

-10

-5

0

5

10

15

Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17

Employment in support activities for mining

Over-the-month change, January 2014–March 2017

Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.

Most recent 2 months of data are preliminary.

Seasonally adjusted, in thousands

Mining and Logging

Summary Mining & Logging

Construction Manufacturing Trade:

Wholesale Retail

Transp., Warehousing

& Utilities Information

Financial Activities

Professional & Business

Services

Private Education & Health Services

Leisure & Hospitality

Other Services

Government

CES Highlights

Release Date: April 7, 2017

Page 5: Current Employment Statistics Highlights March 2017...March 2017 Release Date: April 7, 2017 Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey

Construction employment changed

little in March (+6,000), following a

gain of 59,000 in February.

Thus far in 2017, construction has

added an average 33,000 jobs per

month, compared to an average

increase of 20,000 during the last 4

months of 2016.

56

21

37 39

26

20

42

30

27

20

18

23

44

26

-11

44

37

14

21

15

8

44

55

39

11

23

43

-1

-14

0

18

-4

23

16

28

12

34

59

6

-40

-20

0

20

40

60

80

Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17

Employment in constructionOver-the-month change, January 2014–March 2017

Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.

Most recent 2 months of data are preliminary.

Seasonally adjusted, in thousands

Construction

Summary Mining & Logging

Construction Manufacturing Trade:

Wholesale Retail

Transp., Warehousing

& Utilities Information

Financial Activities

Professional & Business

Services

Private Education & Health Services

Leisure & Hospitality

Other Services

Government

CES Highlights

Release Date: April 7, 2017

Page 6: Current Employment Statistics Highlights March 2017...March 2017 Release Date: April 7, 2017 Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey

Employment in manufacturing was

little changed in March (+11,000), after

increasing in February. Since November,

this industry has added 67,000 jobs.

The manufacturing diffusion index fell

from 67.9 to 52.6, demonstrating that

growth in the industry was less

widespread in March. A value above 50

indicates that more component

industries gained jobs than lost them.

Average weekly hours of all

employees in manufacturing ticked

down by 0.2 to 40.6 hours. The average

workweek of production employees also

ticked down by 0.2 to 41.8 hours.

Manufacturing

Summary Mining & Logging

Construction Manufacturing Trade:

Wholesale Retail

Transp., Warehousing

& Utilities Information

Financial Activities

Professional & Business

Services

Private Education & Health Services

Leisure & Hospitality

Other Services

Government

CES Highlights

Release Date: April 7, 2017

Page 7: Current Employment Statistics Highlights March 2017...March 2017 Release Date: April 7, 2017 Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey

Employment in wholesale trade was unchanged in March,

though the industry has added 46,000 jobs in the most recent

12-month period.

5,200

5,400

5,600

5,800

6,000

6,200

Jan-07 Jan-09 Jan-11 Jan-13 Jan-15 Jan-17

Employment in wholesale trade

March 2017 Level: 5,902OTM Change: 0

Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.

Shaded area represents recession as denoted by the National Bureau of Economic Research.

Most recent 2 months of data are preliminary.* denotes significance

January 2007–March 2017Seasonally adjusted, in thousands

Wholesale Trade

Summary Mining & Logging

Construction Manufacturing Trade:

Wholesale Retail

Transp., Warehousing

& Utilities Information

Financial Activities

Professional & Business

Services

Private Education & Health Services

Leisure & Hospitality

Other Services

Government

CES Highlights

Release Date: April 7, 2017

Page 8: Current Employment Statistics Highlights March 2017...March 2017 Release Date: April 7, 2017 Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey

In March, employment in retail trade declined by 30,000.

General merchandise stores lost 35,000 jobs in March. Since October, this industry has shed 89,000 jobs. Within general merchandise stores, employment in department stores decreased by 13,000 in March and by 46,000 over the past 5 months. Employment in other general merchandise stores, such as supercenters and warehouse clubs, declined by 22,000 in March following a loss of 17,000 in February.

Retail Trade

CES Highlights

Release Date: April 7, 2017

Summary Mining & Logging

Construction Manufacturing Trade:

Wholesale Retail

Transp., Warehousing

& Utilities Information

Financial Activities

Professional & Business

Services

Private Education & Health Services

Leisure & Hospitality

Other Services

Government

Page 9: Current Employment Statistics Highlights March 2017...March 2017 Release Date: April 7, 2017 Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey

Employment in transportation and

warehousing was largely unchanged in

March (+4,000). However, over the past

12 months, employment in the industry

has grown by 89,000 jobs, or 1.8

percent.

3,800

4,000

4,200

4,400

4,600

4,800

5,000

5,200

5,400

Jan-07 Jan-09 Jan-11 Jan-13 Jan-15 Jan-17

Employment in transportation and warehousing

March 2017 Level: 5,047OTM Change: 4

Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.

Shaded area represents recession as denoted by the National Bureau of Economic Research.

Most recent 2 months of data are preliminary.* denotes significance

January 2007–March 2017Seasonally adjusted, in thousands

Transportation and Warehousing

Summary Mining & Logging

Construction Manufacturing Trade:

Wholesale Retail

Transp., Warehousing

& Utilities Information

Financial Activities

Professional & Business

Services

Private Education & Health Services

Leisure & Hospitality

Other Services

Government

CES Highlights

Release Date: April 7, 2017

Page 10: Current Employment Statistics Highlights March 2017...March 2017 Release Date: April 7, 2017 Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey

In March, employment in utilities

changed little (-1,000).

-1

0

2

-1

0

1

0

2

-1

1

1

2

0

-1

1

0

1

0

2

1

-1

-1

1

0

-1

1

-1

0

-2

2

1

-1

1

0 0

0

-1 -1

-1

-3

-2

-1

0

1

2

3

Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17

Employment in utilitiesOver-the-month change, January 2014–March 2017

Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.

Most recent 2 months of data are preliminary.

Seasonally adjusted, in thousands

Utilities

Summary Mining & Logging

Construction Manufacturing Trade:

Wholesale Retail

Transp., Warehousing

& Utilities Information

Financial Activities

Professional & Business

Services

Private Education & Health Services

Leisure & Hospitality

Other Services

Government

CES Highlights

Release Date: April 7, 2017

Page 11: Current Employment Statistics Highlights March 2017...March 2017 Release Date: April 7, 2017 Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey

In March, employment in information

changed little (-3,000). This is the sixth

consecutive month of weakness with

information losing a total of 39,000 jobs

since a recent peak in September 2016.

Telecommunications accounted for 63

percent of the losses within the industry

during this period.

-3

-6

5

-2

-4

5 4

9

-1

-6

9

0

2 1

-7

7 8

-1

9

-1

9

4

-12

6

1

10

6

2

-42

41

-2

0

8

-6

-12

-6

-8

-4 -3

-50

-40

-30

-20

-10

0

10

20

30

40

50

Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17

Employment in informationOver-the-month change, January 2014–March 2017

Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.

Most recent 2 months of data are preliminary.

Seasonally adjusted, in thousands

Information

Summary Mining & Logging

Construction Manufacturing Trade:

Wholesale Retail

Transp., Warehousing

& Utilities Information

Financial Activities

Professional & Business

Services

Private Education & Health Services

Leisure & Hospitality

Other Services

Government

CES Highlights

Release Date: April 7, 2017

Page 12: Current Employment Statistics Highlights March 2017...March 2017 Release Date: April 7, 2017 Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey

Employment in financial activities continued to trend up in March

(+9,000). So far this year, financial activities has added 45,000 jobs,

primarily due to a gain in finance and insurance (+29,000).

Employment in credit intermediation and related activities edged up in

March (+6,000), driven by an increase of 3,000 in activities related to credit

intermediation.

1

17

3

8

9

13 1

4

12

15

8

18

10

20

10

13

3

9

16

18

13

5

13

16

10

19

6

18

18

14

17

20

15

9

6

12

22

30

6

9

-10

-5

0

5

10

15

20

25

30

35

40

Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17

Employment in financial activitiesOver-the-month change, January 2014–March 2017

Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.

Most recent 2 months of data are preliminary.

Seasonally adjusted, in thousands

1

1

1

1

6

-2 0 2 4 6 8

Real estate and rental and leasing

Insurance carriers and related activities

Securities and commodities

- Commercial banking

Credit intermediation°

Employment in selected financial activities

March 2017 Prior 12-month average

Over-the-month change, March 2017Seasonally adjusted, in thousands

Financial activities:

9

Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.

Data are preliminary.

˚Includes additional component industries not shown separately.* denotes significance

Financial Activities

CES Highlights

Release Date: April 7, 2017

Summary Mining & Logging

Construction Manufacturing Trade:

Wholesale Retail

Transp., Warehousing

& Utilities Information

Financial Activities

Professional & Business

Services

Private Education & Health Services

Leisure & Hospitality

Other Services

Government

Page 13: Current Employment Statistics Highlights March 2017...March 2017 Release Date: April 7, 2017 Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey

Professional and business services employment grew by 56,000 in

March. In the first quarter of 2017, professional and business services has

added 151,000 jobs, compared to a gain of 137,000 during the fourth

quarter of 2016.

In March, the larger share of the employment gain was seen in

administrative and waste services (+33,000), with services to buildings and

dwellings adding 17,000 jobs. Employment changed little in temporary

help services (+11,000).

Employment in professional and technical services continued to trend

up in March (+22,000). Architectural and engineering services added 7,000

jobs over the month; employment in the industry is now just 5,000 away

from recovering all the jobs lost during its most recent downturn. In

March, both management and technical consulting services (+8,000) and

computer systems design and related services (+5,000) continued their

upward employment trends and are the top contributors to employment

growth during the current expansion.

60

69

43

62

40

61

43

55

44

27

56

72

27

53

23

55

74

58

38

31

2

80

41

56

-5

25 26

66

28

59

84

31

83

55

46

36

59

36

56

-10

0

10

20

30

40

50

60

70

80

90

Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17

Employment in Professional and business services

Over-the-month change Annual average

Over-the-month change, January 2014 - March 2017Seasaonally adjusted, in thousands

Mar-17: 56Prior-12: 51

Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017Most recent 2 months of data are preliminary.* denotes significance

*

7

17

33

1

5

7

8

22

0 5 10 15 20 25 30 35 40

-Employment services

-Services to buildingsand dwellings*

Administrative and wasteservices

Management of companiesand enterprises

-Computer systems designand related

-Architectural andengineering*

-Management and technicalconsulting

Professional and technicalservices

Employment in Professional and business servicesOver-the-month change, March 2017Seasonally adjusted, in thousands

Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.Data are preliminary.* denotes signifnace

Professional and Business Services

CES Highlights

Release Date: April 7, 2017

Summary Mining & Logging

Construction Manufacturing Trade:

Wholesale Retail

Transp., Warehousing

& Utilities Information

Financial Activities

Professional & Business

Services

Private Education & Health Services

Leisure & Hospitality

Other Services

Government

Page 14: Current Employment Statistics Highlights March 2017...March 2017 Release Date: April 7, 2017 Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey

Employment in private education and

health services changed little in March

(+16,000).

Health care employment continued to

trend up in March (+14,000), driven by

gains in hospitals (+9,000) and

outpatient care centers (+6,000). Health

care has added an average of 20,000

jobs per month so far this year,

compared to an average increase of

32,000 per month in 2016.

-2

9

2

6

-2

7

-10 -5 0 5 10 15 20 25

Nursing and residential care

Hospitals*

- Home health care services

- Outpatient care centers*

- Offices of physicians

Ambulatory health care services°

Employment in selected health care industries

March 2017 Prior 12-month average

Over-the-month change, March 2017Seasonally adjusted, in thousands

Health care industries:

14

Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.

Data are preliminary.

˚Includes additional component industries not shown separately.* denotes significance

Private Education and Health Services

Summary Mining & Logging

Construction Manufacturing Trade:

Wholesale Retail

Transp., Warehousing

& Utilities Information

Financial Activities

Professional & Business

Services

Private Education & Health Services

Leisure & Hospitality

Other Services

Government

CES Highlights

Release Date: April 7, 2017

Page 15: Current Employment Statistics Highlights March 2017...March 2017 Release Date: April 7, 2017 Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey

In March, leisure and hospitality

employment changed little (+9,000).

Food services and drinking places

employment continued to trend up in

March (+22,000), but was partially offset

by weakness in arts, entertainment, and

recreation (-12,000).

So far this year, food services and

drinking places has added an average of

20,000 jobs per month, in line with the

2016 average monthly change

(+23,000). This continued upward trend

coincides with strength seen in the

Consumer Confidence Index (CCI) in

March, which reached its highest level

since December 2000.

23

7

61

37 4

0

25

14

23

31

25 26

36

18

46

12

37

34

47

40

26

36

53

31

38

30

28

33

17

25

22

19

32

21

12

24

15

18 19 2

2

-20

0

20

40

60

80

Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17

Employment in food services and drinking placesOver-the-month change, January 2014–March 2017

Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.

Most recent 2 months of data are preliminary.

Seasonally adjusted, in thousands

Leisure and Hospitality

Summary Mining & Logging

Construction Manufacturing Trade:

Wholesale Retail

Transp., Warehousing

& Utilities Information

Financial Activities

Professional & Business

Services

Private Education & Health Services

Leisure & Hospitality

Other Services

Government

CES Highlights

Release Date: April 7, 2017

Page 16: Current Employment Statistics Highlights March 2017...March 2017 Release Date: April 7, 2017 Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey

Employment in other services was

essentially flat in March (+1,000).

However, this industry has added 54,000

jobs over the year. Personal and laundry

services accounted for 71 percent of the

job gains during this period.

8

0

19

12

3

-3

2

15

-6

5

12

0

6 6

1

7

11

-4

11

-10

0

10

9

12

-4

17

6

4

-7

16

2

10

13

3

7

-17

12

10

1

-30

-20

-10

0

10

20

30

Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17

Employment in other servicesOver-the-month change, January 2014–March 2017

Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.

Most recent 2 months of data are preliminary.

Seasonally adjusted, in thousands

Other Services

Summary Mining & Logging

Construction Manufacturing Trade:

Wholesale Retail

Transp., Warehousing

& Utilities Information

Financial Activities

Professional & Business

Services

Private Education & Health Services

Leisure & Hospitality

Other Services

Government

CES Highlights

Release Date: April 7, 2017

Page 17: Current Employment Statistics Highlights March 2017...March 2017 Release Date: April 7, 2017 Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey

Employment in government changed

little in March (+9,000). Since September

2016, government employment has

been essentially flat (+2,000).

21,400

21,600

21,800

22,000

22,200

22,400

22,600

22,800

23,000

23,200

23,400

Jan-07 Jan-09 Jan-11 Jan-13 Jan-15 Jan-17

Employment in government

March 2017 Level: 22,318OTM Change: 9

Bureau of Labor Statistics, Current Employment Statistics survey, April 07, 2017.

Shaded area represents recession as denoted by the National Bureau of Economic Research.

Most recent 2 months of data are preliminary.* denotes significance

January 2007–March 2017Seasonally adjusted, in thousands

Government

Summary Mining & Logging

Construction Manufacturing Trade:

Wholesale Retail

Transp., Warehousing

& Utilities Information

Financial Activities

Professional & Business

Services

Private Education & Health Services

Leisure & Hospitality

Other Services

Government

CES Highlights

Release Date: April 7, 2017

Page 18: Current Employment Statistics Highlights March 2017...March 2017 Release Date: April 7, 2017 Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey

Prepared by Staff of the National Estimates Branch Current Employment Statistics Survey U.S. Bureau of Labor Statistics 202-691-6555 Email CES

CES Analysts

Michael Calvillo

Wander Cedeño

Tyler Downing

Brittney Forbes

Mike McCall

Michael Osifalujo

Edward Park

Trinity Wade

Julia Wolfe

Current Employment Statistics Highlights

Detailed Industry Employment Analysis