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Statement of
Erica L. Groshen
Commissioner
Bureau of Labor Statistics
Friday, December 4, 2015
Nonfarm payroll employment rose by 211,000 in November, and
the unemployment rate was unchanged at 5.0 percent. Job gains
occurred in construction, professional and technical services,
and health care. Employment declined in mining and information.
Incorporating revisions for September and October, which
increased nonfarm payroll employment by 35,000, monthly job
gains have averaged 218,000 over the past 3 months. In the 12
months prior to November, employment growth averaged 237,000 per
month.
Construction employment rose by 46,000 in November; more
than half of the gain was among residential specialty trade
contractors (+26,000). Job growth in construction has picked up
in recent months. Over the year, construction has added 259,000
jobs.
Employment in professional and technical services rose by
28,000 in November. Within this industry, accounting and
bookkeeping services added 11,000 jobs, and employment continued
to trend up in computer systems design and related services
(+5,000).
Health care employment increased by 24,000 over the month,
following a large gain in October (+51,000). Hospitals added
13,000 jobs in November. Over the past 12 months, health care
employment has risen by 470,000.
Employment in food services and drinking places continued
to trend up over the month (+32,000). Employment in this
industry has grown by 374,000 over the year.
Retail trade employment continued on an upward trend in
November (+31,000) and has risen by 284,000 over the year.
November job gains occurred in general merchandise stores
(+12,000) and motor vehicle and parts dealers (+9,000). Over the
past 12 months, these two industries have added 85,000 jobs and
71,000 jobs, respectively.
Mining employment declined by 11,000 over the month. Since
a recent peak in December 2014, mining employment has declined
by 123,000, or 14 percent. Three-fourths of the job losses over
this period have been in support activities for mining.
Employment in information was down by 12,000 in November,
as motion picture and sound recording industries shed 13,000
jobs. Employment in motion picture and sound recording
industries has shown little change on net over the year.
Average hourly earnings of all employees on private nonfarm
payrolls rose by 4 cents in November to $25.25, following a
9-cent increase in October. Over the past 12 months, average
hourly earnings have risen by 2.3 percent. From October 2014 to
October 2015, the Consumer Price Index for all Urban Consumers
(CPI-U) was up by 0.1 percentage point (on a seasonally adjusted
basis).
Turning now to data from the survey of households, the
unemployment rate held at 5.0 percent in November, and the
number of unemployed, at 7.9 million, was essentially unchanged.
These measures are down by 0.8 percentage point and 1.1 million,
respectively, over the year. Among the unemployed in November,
25.7 percent, or 2.1 million, had been unemployed for 27 weeks
or more.
The labor force participation rate, at 62.5 percent,
changed little in November. The employment-population ratio, at
59.3 percent, was unchanged over the month and has shown little
movement since October 2014.
Among those employed, the number working part time for
economic reasons, also referred to as involuntary part-time
workers, rose by 319,000 in November to 6.1 million, following
declines in September and October. Over the longer term, the
number of involuntary part-time workers has been trending down
since 2011. (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 November, 1.7 million were classified as marginally attached
to the labor force, down from 2.1 million a year earlier. The
number of discouraged workers, a subset of the marginally
attached who believed that no jobs were available for them, was
594,000 in November, little different 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 211,000 in
November, and the unemployment rate was unchanged at 5.0
percent.