November 6 release from BLS: Unemployment figures for October- In October, the unemployment rate rose to 10.2 percent, the highest since April 1983, and non-farm payroll employment continued to decline (-190,000). The largest job losses over the month were in construction, manufacturing, and retail trade.
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Employers took 2,561 mass layoff actions in September that resulted in the separation of 248,006 workers, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the U.S. Bureau of Labor Statistics reported today. Each action involved at least 50 persons from a single employer. The number of mass layoff events in September decreased by 129 from the prior month, and the number of associated initial claims decreased by 11,301. Over the year, the number of mass layoff events increased by 271, and associated initial claims increased by 7,285. Year-to-date mass layoff events (23,745) and initial claims (2,410,208) both recorded program highs. In September, 856 mass layoff events were reported in the manufacturing sector, seasonally adjusted, resulting in 97,066 initial claims. Over the month, the number of manufacturing events decreased by 44, while associated initial claims increased by 3,174.
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According to the latest release from the BLS, increases in spending for housing (1.1 percent) and food (5.1 percent) were somewhat offset by decreases in spending for transportation (-1.8 percent) and apparel (-4.3 percent), resulting in the small overall increase in 2008. Among the other major components, spending increased for health care (4.3 percent), personal insurance and pensions (5.0 percent), and entertainment (5.1 percent).
These data come from the Consumer Expenditure Survey. Find out more in "Consumer Expenditures — 2008" (HTML) (PDF), news release USDL 09-1208. Consumer units include families, single persons living alone or sharing a household with others but who are financially independent, or two or more persons living together who share expenses.
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October 2 release for September summary from the Bureau of Labor Statistics:
Household Survey Data
Since the start of the recession in December 2007, the number of unemployed
persons has increased by 7.6 million to 15.1 million, and the unemployment
rate has doubled to 9.8 percent. (See table A-1.)
Unemployment rates for the major worker groups--adult men (10.3 percent),
adult women (7.8 percent), teenagers (25.9 percent), whites (9.0 percent),
blacks (15.4 percent), and Hispanics (12.7 percent)--showed little change
in September. The unemployment rate for Asians was 7.4 percent, not seasonally adjusted. The rates for all major worker groups are much higher than
at the start of the recession. (See tables A-1, A-2, and A-3.)
Among the unemployed, the number of job losers and persons who completed
temporary jobs rose by 603,000 to 10.4 million in September. The number of
long-term unemployed (those jobless for 27 weeks and over) rose by 450,000
to 5.4 million. In September, 35.6 percent of unemployed persons were jobless for 27 weeks or more.
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Sept. 4, news release from the BLS.Nonfarm payroll employment continued to decline in August (-216,000), and the unemployment rate rose to 9.7 percent. Although job losses continued in many of the major industry sectors, the declines have moderated in recent months.
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September 2, 2009, from the Bureau of Labor Statistics. Productivity increased 6.6 percent in the non farm business sector during the second quarter of 2009 as unit labor costs fell 5.9 percent (seasonally
adjusted annual rates). In manufacturing, productivity increased 4.9 percent while unit labor costs rose 0.2 percent.
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August 21-American jobs report for July:Employers took 2,157 mass layoff actions in July that resulted in the separation of 206,791 workers, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Each action involved at least 50 persons from a single employer. The number of mass layoff events in July decreased by 606 from the prior month, and the number of associated initial claims decreased by 72,440. Over the year, the number of mass layoff events increased by 622, and associated initial claims increased by 54,292. In July, 621 mass layoff events were reported in the manufacturing sector, seasonally adjusted, resulting in 72,266 initial claims. Over the year, the number of manufacturing events increased by 166, and associated initial claims increased by 14,618.
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The Productivity and Costs: Second Quarter 2009 Preliminary news release
( http://www.bls.gov/news.release/prod2.nr0.htm ) was reissued in the
afternoon of August 11, 2009 by the Bureau of Labor Statistics. A notice
about the reissuance can be found on the first page of the news release.
Productivity increased 6.4 percent in the non farm business sector during the second quarter of 2009 as unit labor costs fell 5.8 percent (seasonally adjusted annual rates). In manufacturing, productivity increased 5.3 percent while unit labor costs rose 0.5 percent.
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The latest mass Layoffs news release (http://www.bls.gov/news.release/pdf/mslo.pdf) was issued today by the Bureau of Labor Statistics. Employers initiated 2,994 extended mass layoff events in the second quarter of 2009 that resulted in 534,881 job separations.
Both the number of events and separations were record second quarter highs.
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August 11-The latest Productivity and Costs news release was issued today by the Bureau of Labor Statistics. Highlights are as follows: Productivity increased 6.4 percent in the non-farm business sector during the second quarter of 2009 as unit labor costs fell 5.8 percent (seasonally adjusted annual rates). In manufacturing, productivity increased 5.3 percent while unit labor costs rose 0.5 percent.
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From the Bureau of Labor Statistics, August 7, 2009-The latest Employment Situation news release
(http://www.bls.gov/news.release/pdf/empsit.pdf) was issued today by the Bureau of Labor Statistics. Highlights are below. Nonfarm payroll employment continued to decline in July
(-247,000), and the unemployment rate was little changed at 9.4 percent. The average monthly job loss for May through July (-331,000) was about half the average decline for November through April (-645,000).
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From the July 17 report by the Bureau of Labor Statistics: "Regional and state unemployment rates were generally higher in June. Thirty-eight states and the
District of Columbia recorded over-the-month unemployment rate increases, 5 states registered rate decreases, and 7 states had no rate change, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Over the year, jobless rates were higher in all 50 states and the District of Columbia. The national unemployment rate, at 9.5 percent, was little changed between May and June, but was up 3.9 percentage points from a year earlier. In June, nonfarm payroll employment decreased in 39 states and the District of Columbia, increased in 10 states, and was unchanged in 1 state. The largest over-the-month decrease in the level of employment occurred in California (-66,500), followed by Texas (-40,600), Ohio (-33,000), and Michigan (-31,300). Kansas experienced the largest over-the-month percentage decrease in employment (-1.4 percent), followed by New Mexico (-0.9 percent), Michigan (-0.8 percent), and Wyoming (-0.7 percent).
The largest over-the-month increases in employment occurred in North Carolina (4,700), Mississippi (4,500), Arkansas (3,400), and Montana (2,700). Montana (+0.6 percent) experienced the largest over-the-month percentage increase in employment, followed by North Dakota (+0.5 percent) and Mississippi (+0.4 percent). Over the year, nonfarm employment decreased in 48 states and the District of Columbia, increased in 1 state, and remained unchanged in 1 state. The largest over-the-year percentage decreases
occurred in Michigan (-8.1 percent), Arizona (-7.4 percent), Nevada (-6.2 percent), and Oregon (-5.6 percent). Only North Dakota (+1.6 percent) reported an over-the-year percentage increase, while Alaska remained unchanged. "
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June 23-New data
released Friday by the Bureau of Labor Statistics showed that five more
states -- Florida, Illinois, Indiana, Kentucky, and Tennessee -- had
crossed into double-digit unemployment, while Michigan’s unemployment
rate rose from 12.9% to 14.1% in a single month. With 14 U.S. states now in double-digit unemployment and many continuing to see large increases month to month, EPI convened experts
from three of the hardest-hit states -- Michigan, Ohio, and Oregon --
who discussed what these staggering job losses had meant for their
local economies and shared their concerns that the pain could last long
after the recession ends. Michigan’s job situation, for instance, has
gone from bad to worse with the recent bankruptcies of GM and Chrysler,
while in Oregon, May unemployment of 12.4% represents a 33-year high.
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May 8- From the Bureau of Labor Statistics: Nonfarm payroll employment continued to decline in April (-539,000), and the unemployment rate rose from 8.5 to 8.9 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Since the recession began in December 2007, 5.7 million jobs have been lost. In April, job losses were large and widespread across nearly all major private-sector industries. Overall, private- sector employment fell by 611,000.
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April 23- From the Bureau of Labor Statistics for March-Highlights: Employers took 2,933 mass layoff actions involving 299,388 workers, the highest levels on record. Mass layoff events increased by 164 from February, and initial claims increased by 3,911. Twenty-six states reached program highs for March in terms of average weekly initial claims.
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April 17- In March, 46 states recorded over-the-month unemployment
rate increases, North Dakota and the District of Columbia
registered rate decreases, and 3 states had no change in
their rate. Nonfarm payroll employment decreased in 48
states and the District of Columbia and rose in 2 states.
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Feb. 25, from the Bureau of Labor Statistics report:in January there were 738 mass layoff events across the country in the manufacturing sector, with January claims for unemployment in manufacturing (including cars and trucks) totaling 138,000.
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February 13 from the Bureau of Labor Statistics: As you can see, the only growth sector was in health care. The following is excerpted from the full report which you can read in its entirety on BLS.
Manufacturing employment fell by 207,000 in January, the largest 1-month decline since October 1982. Durable goods manufacturing lost 157,000 jobs, with notable decreases in fabricated metal products, motor vehicles and parts, and machinery. Construction lost 111,000 jobs in over the month. Employment in the industry has fallen by about 1.0 million since peaking in January 2007. The temporary help industry lost 76,000 jobs in January. Since its recent peak in December 2006, temporary help employment has declined by 695,000. Retail trade employment fell by 45,000 in January and by 592,000 since a peak in November 2007. Transportation and warehousing lost 44,000 jobs in January and 202,000 since the start of the recession.
Employment in financial activities declined by 42,000 over the month and it has fallen by 388,000 since a peak in December 2006. In January, job losses occurred in securities, commodity contracts, and investments and in credit intermediation.
Health care employment continued to trend up in January with a gain of 19,000. Employment gains in the industry averaged 30,000 a month in 2008. Employment in private education rose by 33,000 over the month.
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THE EMPLOYMENT SITUATION: JANUARY 2009 from the Bureau of Labor Statistics: Nonfarm payroll employment fell sharply in January (-598,000) and the unemployment rate rose from 7.2 to 7.6 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Payroll employment has declined by 3.6 million since the start of the recession in December 2007; about one half of this decline occurred in the past 3 months. In January, job losses were large and widespread across nearly all major industry sectors.
Unemployment (Household Survey Data) Both the number of unemployed persons (11.6 million) and the unemployment rate (7.6 percent) rose in January. Over the past 12 months, the number of unemployed persons has increased by 4.1 million and the unemployment rate has risen by 2.7 percentage points.
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The Bureau of Labor Statistics can email on request regular monthly reports to help keep you up to date on the economy with regard to employment across the country and in various sectors which they monitor. Their website is informative and easy to navigate. You can register on their subscription page.
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Jan.12, 2009 Excerpted from the December Report of the Bureau of Labor Statistics. The national unemployment rate was 6.7 percent in November, seasonally adjusted, up from 6.5 percent the prior month and from 4.7 percent a year earlier. In November, total nonfarm payroll employment decreased by 533,000 over the month and by 1,870,000 from a year earlier.
The manufacturing sector accounted for 39 percent of all mass layoff events and 45 percent of initial claims filed in November 2008; a year earlier, manufacturing made up 29 percent of events and 38 percent of initial claims. This November, the number of manufacturing claimants was greatest in transportation equipment manufacturing (25,042), followed by wood products manufacturing (9,439). The
construction industry accounted for 15 percent of mass layoff events and 12 percent of associated initial claims during the month.
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Here are some interesting summaries taken from the reports of the Bureau of Labor Statistics. The industries examined are the apparel industry and the footwear industry. Two of the categories comprise this first report: Sewing Machine Operators and Shoe and Leather Workers and Repairers.
In the year 2000, there were 362,010 sewing machine operators employed nationwide. Thier mean annual wage was $17,450.
In the year 2007, there were 2,150 sewing machine operators nationwide. Their mean annual wage was $22,280.
The footwear industry is equally decimated.
In the year 2000, there were 12,210 shoe and leather workers and repairers with a mean salary of $18,860. In 2007. there were 2,120 with a mean salary of $22,510.
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