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Statement of
William W. Beach
Commissioner
Bureau of Labor Statistics
Friday, May 3, 2019
In April, nonfarm payroll employment increased by 263,000,
and the unemployment rate declined to 3.6 percent. Over the
month, notable job gains occurred in professional and business
services, construction, health care, and social assistance.
The April employment gain compares with an average monthly
gain of 213,000 over the prior 12 months. (The prior 12-month
average incorporates revisions for February and March, which
increased nonfarm payroll employment by 16,000 on net.)
Employment in professional and business services increased
by 76,000 in April. Job gains occurred in administrative and
support services (+53,000) and computer systems design and
related services (+14,000). Over the past 12 months,
professional and business services has added 535,000 jobs.
Construction employment rose by 33,000 in April, with gains
occurring in nonresidential specialty trade contractors
(+22,000) and in heavy and civil engineering construction
(+10,000). Over the past 12 months, construction employment has
increased by 256,000.
Employment in health care increased by 27,000 in April and
404,000 over the past 12 months. In April, job gains occurred in
ambulatory health care services (+17,000), hospitals (+8,000),
and community care facilities for the elderly (+7,000).
Social assistance added 26,000 jobs over the month, with
all of the gain occurring in individual and family services.
Over the past 12 months, employment in social assistance has
increased by 120,000.
Employment continued to trend up in financial activities in
April (+12,000). Over the past year, the industry has added
110,000 jobs.
In April, manufacturing employment changed little for the
third month in a row (+4,000). In the 12 months prior to
February, manufacturing had added an average of 22,000 jobs per
month.
Retail trade employment changed little in April (-12,000).
General merchandise stores lost 9,000 jobs, while motor vehicle
and parts dealers added 8,000 jobs.
Employment in other major industries--including mining,
wholesale trade, transportation and warehousing, information,
leisure and hospitality, and government--showed little change
over the month.
Average hourly earnings of all employees on private nonfarm
payrolls rose by 6 cents in April to $27.77, following a 5-cent
gain in March. Over the past 12 months, average hourly earnings
have risen by 3.2 percent; the over-the-year percent change has
been 3.0 percent or above for 9 consecutive months. From March
2018 to March 2019, the Consumer Price Index for All Urban
Consumers (CPI-U) increased by 1.9 percent (on a seasonally
adjusted basis).
Turning to measures from the survey of households, the
unemployment rate declined by 0.2 percentage point to 3.6
percent in April, the lowest rate since December 1969. Over the
month, the number of unemployed people fell by 387,000 to 5.8
million.
Among the unemployed, the number of people searching for
work for 27 weeks or more was little changed at 1.2 million in
April. These long-term unemployed accounted for 21.1 percent of
the unemployed.
The labor force participation rate decreased by 0.2
percentage point to 62.8 percent in April but was unchanged from
a year earlier. The employment-population ratio, at 60.6
percent, was unchanged over the month.
In April, 4.7 million people were working part time for
economic reasons (also referred to as involuntary part-time
workers), little changed from the previous month.
Among those neither working nor looking for work in April,
1.4 million were considered marginally attached to the labor
force, little changed from a year earlier. (People who are
marginally attached to the labor force had not looked for work
in the 4 weeks prior to the survey but wanted a job, were
available for work, and had looked for a job within the last 12
months.) Discouraged workers, a subset of the marginally
attached who believed no jobs were available for them, numbered
454,000 in April, also little changed from a year earlier.
In summary, nonfarm payroll employment increased by 263,000
in April, and the unemployment rate declined to 3.6 percent.