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Statement of
Erica L. Groshen
Commissioner
Bureau of Labor Statistics
Friday, May 6, 2016
Nonfarm payroll employment rose by 160,000 in April, and
the unemployment rate was unchanged at 5.0 percent. Job gains
occurred in professional and business services, health care, and
financial activities, while mining employment continued to
decline.
Incorporating revisions for February and March, which
reduced nonfarm payroll employment by 19,000, monthly job gains
have averaged 200,000 over the past 3 months. In the 12 months
prior to April, employment growth averaged 232,000 per month.
Employment in professional and business services rose by
65,000 in April, with a large job gain in management and
technical consulting services (+21,000). Professional and
business services employment has risen by 611,000 over the year.
Health care employment continued to grow, with an increase
of 44,000 in April. Hospitals added 23,000 jobs over the month,
and ambulatory health care services added 19,000 jobs.
Employment in health care increased by 502,000 over the year.
Financial activities employment rose by 20,000 in April.
Credit intermediation and related activities added 8,000 jobs
over the month. Employment in financial activities increased by
160,000 over the year.
In April, employment changed little in retail trade
(-3,000). Monthly job growth averaged 53,000 over the prior 3
months.
Employment in construction was essentially unchanged in
April (+1,000), after rising by 41,000 in March. The average
gain over the 2 months is in line with recent job growth in the
industry.
Manufacturing employment changed little in April (+4,000),
after losing 45,000 jobs over the prior 2 months.
Mining employment continued to decline in April (-7,000).
The industry has lost 191,000 jobs since a recent peak in
September 2014. More than three-fourths of the job losses over
this period have been in support activities for mining.
Average hourly earnings of all employees on private nonfarm
payrolls rose by 8 cents in April to $25.53. Over the past 12
months, average hourly earnings have risen by 2.5 percent. From
March 2015 to March 2016, the Consumer Price Index for All Urban
Consumers (CPI-U) increased by 0.9 percent (on a seasonally
adjusted basis).
Turning now to data from our survey of households, there
were 7.9 million unemployed persons in April, and the
unemployment rate remained at 5.0 percent. There has been little
change in either measure since August. The number of long-term
unemployed--those who had been looking for work for 27 weeks or
more--declined to 2.1 million over the month. These individuals
accounted for 25.7 percent of the unemployed.
The labor force participation rate declined to 62.8 percent
in April, and the employment-population ratio edged down to 59.7
percent.
Among the employed, the number working part time for
economic reasons, also referred to as involuntary part-time
workers, was 6.0 million in April. This measure has shown little
movement since November. (Involuntary part-time workers are
those who would have preferred full-time employment but were
working part time because their hours had been cut back or
because they were unable to find full-time work.)
Among people who were neither working nor looking for work
in April, 1.7 million were classified as marginally attached to
the labor force, down by 400,000 from a year earlier. The number
of discouraged workers, a subset of the marginally attached who
believed that no jobs were available for them, was 568,000 in
April, down by 188,000 from a year earlier. (The marginally
attached are individuals who 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.)
In summary, nonfarm payroll employment rose by 160,000 in
April, and the unemployment rate held at 5.0 percent.