" Household Survey Data
The unemployment rate, at 5.7 percent, changed little in January and has shown no net
change since October. The number of unemployed persons, at 9.0 million, was little
changed in January.
Establishment Survey Data
Total nonfarm payroll employment rose by 257,000 in January. Job gains occurred in
retail trade, construction, health care, financial activities, and manufacturing.
After incorporating revisions for November and December (which include the impact of
the annual benchmark process), monthly job gains averaged 336,000 over the past
3 months.
Employment in retail trade rose by 46,000 in January. Three industries accountedfor half of the jobs added--sporting goods, hobby, book, and music stores (+9,000);
motor vehicle and parts dealers (+8,000); and nonstore retailers (+6,000).
Construction continued to add jobs in January (+39,000). Employment increased in
both residential and nonresidential building (+13,000 and +7,000, respectively).
Employment continued to trend up in specialty trade contactors (+13,000). Over the
prior 12 months, construction had added an average of 28,000 jobs per month.
In January, health care employment increased by 38,000. Job gains occurred in
offices of physicians (+13,000), hospitals (+10,000), and nursing and residential
care facilities (+7,000). Health care added an average of 26,000 jobs per month
in 2014.
Employment in financial activities rose by 26,000 in January, with insurance
carriers and related activities (+14,000) and securities, commodity contracts,
and investments (+5,000) contributing to the gain. Financial activities has added
159,000 jobs over the past 12 months.
Manufacturing employment increased by 22,000 over the month, including job gains
in motor vehicles and parts (+7,000) and wood products (+4,000). Over the past
12 months, manufacturing has added 228,000 jobs.
Professional and technical services added 33,000 jobs in January, including
increases in computer systems design (+8,000) and architectural and engineering
services (+8,000).
In January, employment in food services and drinking places continued to trend
up (+35,000). In 2014, the industry added an average of 33,000 jobs per month.
Employment in other major industries, including mining and logging, wholesale
trade, transportation and warehousing, information, and government, showed little
change over the month."
Without any risk or responsibility.
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