Jun 1, 2018 - Current Employment Statistics Summary, May 2018 ... Retail trade added 31,000 jobs in May, with job gains
Current Employment Statistics Highlights Detailed Industry Employment Analysis
Contents Summary Mining & Logging
Current Employment Statistics Highlights
Construction Manufacturing Wholesale Trade Retail Trade Transportation, Warehousing, & Utilities Information Financial Activities Professional & Business Services Private Education & Health Services Leisure & Hospitality Other Services Government
May 2018 Release Date: June 1, 2018 Prepared by Analysts of the National Estimates Branch Current Employment Statistics Survey U.S. Bureau of Labor Statistics 202-691-6555 Email CES
CES Highlights
Release Date: June 1, 2018
Current Employment Statistics Summary, May 2018 Nonfarm employment increased by 223,000 in May. Employment continued to trend up in retail trade, health care, and construction. The employment change for April revised down from +164,000 to +159,000, and the change for March revised up from +135,000 to +155,000. On net, employment over these months is 15,000 higher than previously reported. Average hourly earnings of all employees on private-sector payrolls increased by 8 cents in May. Hourly earnings are up 2.7 percent over the year. Average weekly hours were unchanged in May at 34.5 hours. +31,000 Retail Trade Retail trade added 31,000 jobs in May, with job gains of 6,000 in building material and garden supply stores and 13,000 in general merchandise stores. Retail trade has added 125,000 jobs over the year. +39,000 Education and Health Services Health care added 29,000 jobs in May. Within health care, employment in ambulatory care services rose by 18,000 over the month, while hospital employment continued to trend up (+6,000). Over the past 12 months, health care has added 318,000 jobs.
Summary
Mining & Logging
Construction
Manufacturing
Employment in total nonfarm Over-the-month change, January 2015–May 2018 Seasonally adjusted, in thousands
400
351
350 326
300
325
324
285
282 267
264
256
250
264
257
271
259 239
235
234
221
211
200
191
200
175
174
164
172
223
216
190
180
175 176
175
155 159
155
150
140 103
100
88
78
73
50
34 14
0 Jan-15
Jul-15
Jan-16
Jul-16
Jan-17
Over-the-month change
Jul-17
Jan-18
Annual average
Bureau of Labor Statistics, Current Employment Statistics, June 01, 2018. Most recent 2 months of data are preliminary.
+25,000 Construction Employment edged up in construction in May (+25,000). The industry has added 286,000 jobs over the past 12 months. Nonresidential special trade contractors added +15,000 jobs in May and +117,000 jobs over the year.
Trade: Wholesale Retail
Transp., Warehousing & Utilities
Information
Financial Activities
+31,000 Professional and Business Services In May, employment continued to trend up in professional and technical services (+23,000). Over the year, the industry has added 206,000 jobs.
Professional & Business Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
CES Highlights
Release Date: June 1, 2018
Current Employment Statistics Survey Summary, May 2018
Employment in total nonfarm
+19,000 Transportation and Warehousing Employment in transportation and warehousing continued to trend up in May, with job gains in couriers and messenger services (+5,000) and in warehousing and storage (+7,000). Over the year, employment in transportation and warehousing has increased by 156,000.
Over-the-month change, May 2018 Seasonally adjusted, in thousands 4
Mining and logging 25
Construction
18
Manufacturing
4
Wholesale trade 31
Retail trade*
19
+18,000 Manufacturing Employment continued to trend up in manufacturing over the month, with most of the change concentrated in durable goods industries (+15,000). Machinery added 6,000 jobs over the month, while employment in fabricated metal products continued to trend upward (+2,000). Over the year, these two industries have accounted for half of the employment growth in durable goods manufacturing—45,000 and 56,000, respectively. +4,000 Mining and Logging Mining employment continued to trend up in May (+6,000). Since an employment trough in October 2016, mining has added 91,000 jobs. Support activities for mining has been responsible for most of the job growth both
Summary
Mining & Logging
Construction
Manufacturing
Total nonfarm: 223*
Transportation and warehousing
-1
Utilities
6
Information
8
Financial activities 31
Professional and business services 39
Education and health services
21
Leisure and hospitality
13
Other services
5 -20
-10
0
Government 10
20
30
40
May 2018
50
60
Prior 12-month average
Bureau of Labor Statistics, Current Employment Statistics survey, June 01, 2018. Data are preliminary. * denotes significance
over the month (+3,000) and since the trough (+89,000).
Trade: Wholesale Retail
Transp., Warehousing & Utilities
Information
Financial Activities
Professional & Business Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Release Date: June 1, 2018
CES Highlights
Mining and Logging Employment in mining Over-the-month change, January 2015–May 2018 Seasonally adjusted, in thousands
15
10
10
9 6
5
9 5
9 6
5
3
8
8 6
4 2
2
1
1
0 -1 -2
-3
-5
Logging lost 2,000 jobs in May.
-1
-1
Employment in mining continued to trend upward in May (+6,000). The employment trend in this industry tends to follow changes in oil prices. The spot price of West Texas intermediate crude oil has been increasing since a low point in early 2016. Mining employment reached a trough in October 2016 and has increased by 91,000 as of May 2018.
-5
-4
-7
-10
-15
-9
-10
-9
-10 -12
-13
-12
-11
-15 -16 -16
-17
-16 -19
-20 -21
-22
-25 Jan-15
Jul-15
Jan-16
Jul-16
Jan-17
Over-the-month change
Jul-17
Jan-18
Annual average
Bureau of Labor Statistics, Current Employment Statistics, June 01, 2018. Most recent 2 months of data are preliminary.
Summary
Mining & Logging
Construction
Manufacturing
Trade: Wholesale Retail
Transp., Warehousing & Utilities
Information
Financial Activities
Professional & Business Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Release Date: June 1, 2018
CES Highlights
Construction Construction employment continued to trend up in May (+25,000). Nonresidential specialty trades accounted for 15,000 of this increase.
Employment in construction Over-the-month change, January 2015–May 2018 Seasonally adjusted, in thousands
80 70
67
Over the year, construction has added 286,000 jobs, led by gains in specialty trade contractors (+206,000) and residential building (+44,000).
60 52
50
50
46 42
40
30
51
38
37
42 42
41
40
32
30 24
22
20
16
28
28
25
24 24
21
19 13
11
9
10
17
16
13 5
4
9
7 3
3
0 -5
-6
-10
-3
-6
-16
-20
-30 Jan-15
Jul-15
Jan-16
Jul-16
Jan-17
Over-the-month change
Jul-17
Jan-18
Annual average
Bureau of Labor Statistics, Current Employment Statistics, June 01, 2018. Most recent 2 months of data are preliminary.
Summary
Mining & Logging
Construction
Manufacturing
Trade: Wholesale Retail
Transp., Warehousing & Utilities
Information
Financial Activities
Professional & Business Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Release Date: June 1, 2018
CES Highlights
Manufacturing Employment in manufacturing
Employment in manufacturing continued to trend up in May (+18,000). Over the year, the industry has added 259,000 jobs, a 2.1-percent increase.
Over-the-month change, January 2015–May 2018 Seasonally adjusted, in thousands
50
39
40
39
31
30
30
25
24 21
20
21
18 15
14
13
12
10 5
5
5
20
18
6
4
20
21 18
14
12
10 10
6
6
4
2
0 -1
-3
-4
-10
-4
-7
-9
-17
-20
-19
-18 -24
-30 Jan-15
Jul-15
Jan-16
Jul-16
Jan-17
Over-the-month change
Jul-17
Jan-18
Annual average
Bureau of Labor Statistics, Current Employment Statistics, June 01, 2018. Most recent 2 months of data are preliminary.
Employment in durable goods
Durable goods: 15
Over-the-month change, May 2018 Seasonally adjusted, in thousands 1
Wood products
-1
Nonmetallic mineral products -1
Fabricated metal products 6
Machinery*
2
Computer and electronic products
2
Electrical equipment and appliances
1
Transportation equipment
1
Furniture and related products
1 -2
Among the component industries, machinery added jobs (+6,000), while the other components continued to follow their long-term trends.
Primary metals 2
-4
Recently, durable goods manufacturing has driven job gains in manufacturing, and that trend continued in May (+15,000). Of the 259,000 jobs added over-the-year in manufacturing, durable goods manufacturing has contributed 200,000, 77 percent. Employment in nondurable goods manufacturing changed little in May (+3,000).
0
Miscellaneous durable goods manufacturing 2
4
May 2018
6
8
Prior 6-month average
Bureau of Labor Statistics, Current Employment Statistics survey, June 01, 2018. Data are preliminary. * denotes significance
Summary
Mining & Logging
Construction
Manufacturing
Trade: Wholesale Retail
Transp., Warehousing & Utilities
Information
Financial Activities
Professional & Business Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Release Date: June 1, 2018
CES Highlights
Wholesale Trade Employment in wholesale trade was little changed in May (+4,000). Despite little net employment change over the last 6 months, wholesale trade has gained 68,000 jobs over the year. Three-quarters of those jobs were added in durable goods industries.
Employment in wholesale trade Over-the-month change, January 2016–May 2018 Seasonally adjusted, in thousands
20
7 3
4
4
5 3
0
1
2
2
3
3
5
5
6
6
7
8
8
9
10
10
10
11
13
15
-4
-3
-5
-3
-3
0
0
-11
-10
-15 -20 Jan-16
Jul-16
Jan-17
Jul-17
Jan-18
Bureau of Labor Statistics, Current Employment Statistics survey, June 01, 2018. Most recent 2 months of data are preliminary.
Summary
Mining & Logging
Construction
Manufacturing
Trade: Wholesale Retail
Transp., Warehousing & Utilities
Information
Financial Activities
Professional & Business Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Release Date: June 1, 2018
CES Highlights
Retail Trade Employment in retail trade
In May, employment in retail trade grew by 31,000. Year to date, employment growth has averaged 22,000 per month, compared to little net change per month during 2017 (-2,000).
Over-the-month change, January 2015–May 2018 Seasonally adjusted, in thousands
41 42
45
60
46
58
80
31
27 12
15
15 16 11
4 2
3
4
7
8
9
11
22
22
27
6
20
18 21
20 24 24
28
40
-1
-4 -10
-7
-6 -9
-1
0
-40
Employment increased by 6,000 in building materials and garden supply stores, offsetting a similar decrease in April. This industry has added 53,000 jobs over the past year.
-26
-32
-26
-22
-20
-60 Jan-15
Jul-15
Jan-16
Jul-16
Over the month, employment rose in general merchandise stores and in building materials and garden supply stores. General merchandise stores added 13,000 jobs, which were split between department stores (+8,000) and general merchandise stores, including warehouse clubs and supercenters (+6,000).
Jan-17
Jul-17
Jan-18
Bureau of Labor Statistics, Current Employment Statistics survey, June 01, 2018. Most recent 2 months of data are preliminary.
Employment in retail trade
Retail trade: 31*
Over-the-month change, May 2018 Seasonally adjusted, in thousands 1
Motor vehicle and parts dealers
1
Furniture and home furnishings stores
1
Electronics and appliance stores 6
Building material and garden supply stores*
1
Food and beverage stores
-1
Health and personal care stores 1
Gasoline stations 7
Clothing and clothing accessories stores
1
Sporting goods, hobby, book, and music stores 13
General merchandise stores*
1
Miscellaneous store retailers
-1 -6
-4
-2
Nonstore retailers 0
2
4
6
8
10
May 2018
12
14
16
18
Prior 12-month average
Bureau of Labor Statistics, Current Employment Statistics survey, June 01, 2018. Data are preliminary. * denotes significance
Summary
Mining & Logging
Construction
Manufacturing
Trade: Wholesale Retail
Transp., Warehousing & Utilities
Information
Financial Activities
Professional & Business Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Release Date: June 1, 2018
CES Highlights
Transportation and Warehousing Employers in transportation and warehousing added 19,000 jobs in May. The growth was spread amongst truck transportation (+7,000), warehousing and storage (+7,000), and couriers and messenger services (+5,000). So far this year, job growth in transportation and warehousing has averaged +15,000 per month, compared with +11,000 per month in 2017.
Summary
Mining & Logging
Construction
Manufacturing
Trade: Wholesale Retail
Transp., Warehousing & Utilities
Information
Financial Activities
Professional & Business Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Release Date: June 1, 2018
CES Highlights
Utilities Utilities employment changed little in May and has shown little net change over the year.
Employment in utilities Over-the-month change, January 2015—May 2018 Seasonally adjusted, in thousands
2
2
2
1.5 1
0.5
1
1
1
1
1
0
0
0
0
0
0 0
0
0
0
0
-0.5
0
0
0
0
0 -1
-1
-1
-1
-1
-1
-1
-1
-1 -1
-1
-1
-1.5
-1
-2 Jan-15
1
1
1 1
1
Jul-15
Jan-16
-1
-1
Jul-16
Jan-17
Over-the-month change
Jul-17
Jan-18
Annual average
Bureau of Labor Statistics, Current Employment Statistics, June 01, 2018. Most recent 2 months of data are preliminary.
Summary
Mining & Logging
Construction
Manufacturing
Trade: Wholesale Retail
Transp., Warehousing & Utilities
Information
Financial Activities
Professional & Business Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Release Date: June 1, 2018
CES Highlights
Information Employment in information changed little in May (+6,000), and has shown little net change over the year.
Employment in information Over-the-month change, January 2015–February May 20182016 Seasonally adjusted, in thousands
60 50
47
40
30 20 14
10
7
4
0
8
7 1
0
3
8
7
7
9
6
5 1
0
-1
2
0
-1
-2 -4 -3
-6
-10
6
4
-20
-1
-1
-4 -4
-8
-11
-14
6
0 -3
-4
4
-16
-30
-40 Jan-15
-35
Jul-15
Jan-17
Jul-16
Jan-16
Over-the-month change
Jul-17
Jan-18
Annual average
Bureau of Labor Statistics, Current Employment Statistics, June 01, 2018. Most recent 2 months of data are preliminary.
Summary
Mining & Logging
Construction
Manufacturing
Trade: Wholesale Retail
Transp., Warehousing & Utilities
Information
Financial Activities
Professional & Business Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Release Date: June 1, 2018
CES Highlights
Financial Activities Employment in financial activities changed little (+8,000) in May. Although recent monthly job changes have been small, over the past year financial activities employment has grown by 125,000. These gains were about evenly split between the finance and insurance and the real estate and rental and leasing industries.
Employment in financial activities Over-the-month change, January 2015–May 2018 Seasonally adjusted, in thousands
20
21
13
13 11
8
8
8
3
3
5
5
5
6
6
6
7
7
8 8
8
9 9
9
10
15
15
15 16
16
15
16 13
12 10
15
12
16
18
20
22
25
22
26
28
30
29
35
0 -5 -10 Jan-15
Jul-15
Jan-16
Jul-16
Jan-17
Jul-17
Jan-18
Bureau of Labor Statistics, Current Employment Statistics survey, June 01, 2018. Most recent 2 months of data are preliminary.
Summary
Mining & Logging
Construction
Manufacturing
Trade: Wholesale Retail
Transp., Warehousing & Utilities
Information
Financial Activities
Professional & Business Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Release Date: June 1, 2018
CES Highlights
Professional and Business Services Employment in Professional and business services
May-18: 31 Prior-12: 42
Over-the-month change, January 2015–May 2018
Professional and business services employment continued to trend up in May (+31,000), but came in below its prior-12 month average change. Employment continued to trend up in professional and technical services (+23,000) , including +7,000 in computer systems design and related services. Management of companies and enterprises added 8,000 jobs in May.
Seasaonally adjusted, in thousands 100
81 80
74
72 63
60
53
57
52
44 40
42
36
31 32 21
23
23
20
20
53
50
42
40
36
27
42
27 21
38 31
27 19
10
61
60
57
53
41 43 31
Small offsetting movements in the component industries of administrative and waste services kept employment flat in May.
16
6
0
-1 -13
-20 Jan-15
Jul-15
Jan-16
Jul-16
Jan-17
Over-the-month change
Jul-17
Jan-18
Annual average
Bureau of Labor Statistics, Current Employment Statistics survey, June 01, 2018 Most recent 2 months of data are preliminary. * denotes significance
Employment in Professional and business services component industries
Over-the-month change and prior averages, May 2018 Seasonally adjusted, in thousands
23
Professional and technical services
8
Management of companies and enterprises
0
Administrative and waste services 0
Over-the-month change
5
Prior-3 mo. Avg.
10
15
20
Prior-6 mo. Avg
25
30
Prior-12 mo. Avg
Bureau of Labor Statistics, Current Employment Statistics survey, June 01, 2018 Data are preliminary. * denotes significance
Summary
Mining & Logging
Construction
Manufacturing
Trade: Wholesale Retail
Transp., Warehousing & Utilities
Information
Financial Activities
Professional & Business Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Release Date: June 1, 2018
CES Highlights
Private Education and Health Services Employment in health care
Health care employment continued to grow in May (+29,000). Job gains have averaged 26,000 per month in 2018, in line with average monthly growth in 2017 (+24,000).
Over-the-month change, January 2015–May 2018 Seasonally adjusted, in thousands
50
45
45 40 40
40
40
38
37
37
35
35
35
33
34
36
35 33
32
30
30 27
27
26
26
25
25 22
29
27
25
31
29 29 26
25
23
21
21
20
20
19
23 21
20
18
14
15 11
10 5
0 Jan-15
Jul-15
Jan-16
Jul-16
Jan-17
Over-the-month change
Jul-17
Jan-18
Annual average
Bureau of Labor Statistics, Current Employment Statistics, June 01, 2018. Most recent 2 months of data are preliminary.
Employment in selected health care industries
Health care industries: 29*
Over-the-month change, May 2018 Seasonally adjusted, in thousands
18 Ambulatory health care services¹*
Within health care, employment in ambulatory health care services rose by 18,000 in May. Its main component industries also continued their respective upward employment trends. Ambulatory health care services has added 208,000 jobs over the last 12 months for a gain of 2.9 percent.
4 - Offices of physicians 5 - Outpatient care centers
4 - Home health care services
Hospital employment continued to trend up in May (+6,000). Hospital employment has continued to grow in 2018, adding an average of 9,000 jobs per month so far. In 2017, hospital employment had risen by an average of 6,000 per month.
6 Hospitals 5 Nursing and residential care* -5
0
5
10
15
May 2018
20
25
Prior 12-month average
Bureau of Labor Statistics, Current Employment Statistics survey, June 01, 2018. Data are preliminary. ¹ Includes additional component industries not shown separately. * denotes significance
Summary
Mining & Logging
Construction
Manufacturing
Trade: Wholesale Retail
Transp., Warehousing & Utilities
Information
Financial Activities
Professional & Business Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Release Date: June 1, 2018
CES Highlights
Leisure and Hospitality
Employment in leisure and hospitality Over-the-month change, May 2018
Leisure and hospitality: 21
Seasonally adjusted, in thousands 4
Arts, entertainment, and recreation
Employment in leisure and hospitality changed little in May (+21,000). Museums, historical sites, and similar institutions lost 4,000 jobs. The Consumer Confidence Index ticked up in May, while employment changed little in food services and drinking places (+18,000).
0 Accommodation
18 Food services and drinking places
-5
0
5
10
15
May 2018
20
25
Prior 6-month average
Bureau of Labor Statistics, Current Employment Statistics survey, June 01, 2018. Data are preliminary. * denotes significance
Summary
Mining & Logging
Construction
Manufacturing
Trade: Wholesale Retail
Transp., Warehousing & Utilities
Information
Financial Activities
Professional & Business Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Release Date: June 1, 2018
CES Highlights
Other Services Employment in other services Over-the-month change, January 2015–May 2018 Seasonally adjusted, in thousands
20
17
15
17
16
16
14 11
11 9
10 7
6
11
13
11
7
6
7 5
5 1
14
9
7
6
14
13
12
17
16
Employment in other services edged up in May (+13,000). Over the most recent 12 months, the industry has added 97,000 jobs, a change of 1.7 percent. Personal and laundry services accounted for 47 percent of the gains over this period.
5
5 3
2
1
0
0
3
0
-1
-5
-4 -6
-10
-6
-10
-15
-15
-20 Jan-15
Jul-15
Jan-16
Jul-16
Jan-17
Over-the-month change
Jul-17
Jan-18
Annual average
Bureau of Labor Statistics, Current Employment Statistics, June 01, 2018. Most recent 2 months of data are preliminary.
Summary
Mining & Logging
Construction
Manufacturing
Trade: Wholesale Retail
Transp., Warehousing & Utilities
Information
Financial Activities
Professional & Business Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Release Date: June 1, 2018
CES Highlights
Government Employment in government changed little in May (+5,000). Employment in federal agencies declined by 3,000. Government employment has been essentially flat over the year (+21,000).
Employment in government January 2008–May 2018
Seasonally adjusted, in thousands 23,400
May 2018 Level: 22,326 OTM Change: 5
23,200 23,000 22,800 22,600 22,400 22,200 22,000 21,800 21,600
21,400 Jan-08
Jan-10
Jan-12
Jan-14
Jan-16
Jan-18
Bureau of Labor Statistics, Current Employment Statistics survey, June 01, 2018. Shaded area represents recession as denoted by the National Bureau of Economic Research. Most recent 2 months of data are preliminary. * denotes significance
Summary
Mining & Logging
Construction
Manufacturing
Trade: Wholesale Retail
Transp., Warehousing & Utilities
Information
Financial Activities
Professional & Business Services
Private Education & Health Services
Leisure & Hospitality
Other Services
Government
Current Employment Statistics Highlights Detailed Industry Employment Analysis
CES Analysts Michael Calvillo Wander Cedeño Steve Crestol Tyler Downing Brittney Forbes Mike McCall John Mullins Michael Osifalujo Edward Park
Prepared by Staff of the National Estimates Branch Current Employment Statistics Survey U.S. Bureau of Labor Statistics 202-691-6555 Email CES