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US non-farm jobs edge up in June

Jul 06. 2019
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By The Nation

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Total non-farm payroll employment increased by 224,000 in June, and the unemployment rate was little changed at 3.7 per cent, the US Bureau of Labour Statistics reported on Saturday.

 

Notable job gains were in professional and business services, in healthcare, and in transportation and warehousing.

The release presents statistics from two monthly surveys. The household survey measures labour force status, including unemployment, by demographic characteristics. The establishment survey measures non-farm employment, hours, and earnings by industry. 

The number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 1.4 million in June and accounted for 23.7 per cent of the unemployed.

The labour force participation rate, at 62.9 per cent, was little changed over the month and unchanged over the year. In June, the employment-population ratio was 60.6 per cent for the fourth month in a row.

The number of persons employed part-time for economic reasons (sometimes referred to as involuntary part-time workers) was essentially unchanged at 4.3 million in June. These individuals, who would have preferred full-time employment, were working part-time because their hours had been reduced or they were unable to find full-time jobs.

Employment in other major industries, including mining, wholesale trade, retail trade, information, financial activities, leisure and hospitality, and government, showed little change over the month.

In June, average hourly earnings for all employees on private nonfarm payrolls rose by 6 cents to $27.90 (Bt680), following a 9-cent gain in May.

Over the past 12 months, average hourly earnings have increased by 3.1 per cent. Average hourly earnings of private-sector production and non-supervisory employees increased by 4 cents to $23.43 in June.

The change in total non-farm payroll employment for April was revised down from 224,000 to 216,000, and the change for May was revised down from 75,000 to 72,000. With these revisions, employment gains in April and May combined were 11,000 less than previously reported.

After revisions, job gains have averaged 171,000 per month over the last three months.

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