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News & Events

Highlights: BLS January Jobs Report

BY: admin | February 16, 2018


 

The Bureau of Labor & Statistics reports an unemployment rate of 4.1 percent in January – a four-month continuation of a 17-year-low.

Nonfarm payroll employment rose by 148,000 in January, 2018.  The industries to receive the most job gains were construction (36,000 jobs), food services (31,000 jobs), health care (21,000 jobs), and manufacturing (15,000 jobs)

The unemployment rate of adult men (3.9%) and adult women (3.6%) remained largely unchanged from the previous month. Unemployment among long-term unemployed (those who have been unemployed for 27+ months) accounted for 21.5% of the unemployed.

Average hourly earning rose by $0.09 to $26.74, adding to the 11 cent earnings growth in December.  The average workweek declined by 0.2 hour to 34.3 hours.

Click here for full report.


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