Fri May 5, 2017, 07:31 AM
mahatmakanejeeves (34,994 posts)
Payroll employment rises by 211,000 in April; unemployment rate changes little at 4.4%
Source: U.S. Bureau of Labor Statistics
Payroll employment rises by 211,000 in April; unemployment rate changes little at 4.4% Economic News Release USDL-17-0551 Employment Situation Summary Transmission of material in this release is embargoed until 8:30 a.m. (EDT) Friday, May 5, 2017 Technical information: Household data: (202) 691-6378 * cpsinfo@bls.gov * www.bls.gov/cps Establishment data: (202) 691-6555 * cesinfo@bls.gov * www.bls.gov/ces Media contact: (202) 691-5902 * PressOffice@bls.gov THE EMPLOYMENT SITUATION -- APRIL 2017 Total nonfarm payroll employment increased by 211,000 in April, and the unemployment rate was little changed at 4.4 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in leisure and hospitality, health care and social assistance, financial activities, and mining. Household Survey Data Both the unemployment rate, at 4.4 percent, and the number of unemployed persons, at 7.1 million, changed little in April. Over the year, the unemployment rate has declined by 0.6 percentage point, and the number of unemployed has fallen by 854,000. (See table A-1.) .... The number of long-term unemployed (those jobless for 27 weeks or more) was essentially unchanged at 1.6 million in April and accounted for 22.6 percent of the unemployed. Over the year, the number of long-term unemployed was down by 433,000. (See table A-12.) The labor force participation rate, at 62.9 percent, changed little in April and has shown little movement over the past year. The employment-population ratio, at 60.2 percent, was also little changed over the month but was up by 0.5 percentage point since December. (See table A-1.) The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) declined by 281,000 to 5.3 million in April. These individuals, who would have preferred full-time employment, were working part time because their hours had been cut back or because they were unable to find full-time jobs. Over the past 12 months, the number of persons employed part time for economic reasons has decreased by 698,000. (See table A-8.) In April, 1.5 million persons were marginally attached to the labor force, down by 181,000 from a year earlier. (The data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. (See table A-16.) Among the marginally attached, there were 455,000 discouraged workers in April, down by 113,000 from a year earlier. (The data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.1 million persons marginally attached to the labor force in April had not searched for work for reasons such as school attendance or family responsibilities. (See table A-16.) Establishment Survey Data Total nonfarm payroll employment increased by 211,000 in April. Employment rose in leisure and hospitality, health care and social assistance, financial activities, and mining. (See table B-1.) .... In April, average hourly earnings for all employees on private nonfarm payrolls rose by 7 cents to $26.19. Over the year, average hourly earnings have risen by 65 cents, or 2.5 percent. In April, average hourly earnings of private-sector production and nonsupervisory employees increased by 6 cents to $21.96. (See tables B-3 and B-8.) The change in total nonfarm payroll employment for February was revised up from +219,000 to +232,000, and the change for March was revised down from +98,000 to +79,000. With these revisions, employment gains in February and March combined were 6,000 lower than previously reported. Monthly revisions result from additional reports received from businesses since the last published estimates and from the recalculation of seasonal factors. Over the past 3 months, job gains have averaged 174,000. ______________ The Employment Situation for May is scheduled to be released on Friday, June 2, 2017, at 8:30 a.m. (EDT). Read more: https://www.bls.gov/news.release/empsit.nr0.htm [center]Facilities for Sensory Impaired[/center] Information from this release will be made available to sensory impaired individuals upon request. Voice phone: 202-691-5200, Federal Relay Services: 1-800-877-8339. * * * * * If you're strapped for time, the quick read is here: Commissioner's Statement on The Employment Situation https://www.bls.gov/news.release/jec.nr0.htm Statement of William J. Wiatrowski Acting Commissioner Bureau of Labor Statistics Friday, May 5, 2017 * * * * * 5 Things to Watch in the April Jobs Report https://blogs.wsj.com/briefly/2017/05/04/5-things-to-watch-in-the-april-jobs-report-3/ The Labor Department releases its April jobs report Friday and economists expect hiring perked back up after a March slowdown. Economists surveyed by The Wall Street Journal expect the report will show nonfarm payrolls increased a seasonally adjusted 188,000 last month after growing by just 98,000 in March. They forecast the unemployment rate to tick up to 4.6% from 4.5%. Eric.Morath@wsj.com @EricMorath https://twitter.com/EricMorath * * * * * Two days ago at DU: Private-sector hiring slowest in four months, ADP says https://www.democraticunderground.com/10141765766 * * * * * February was revised up; March was revised down. * * * * * April Jobs Report: Everything You Need to Know http://www.wsj.com/livecoverage/april-jobs-report-payrolls-labor-employment-analysis Last Updated May 5, 2017 at 8:41 am ET Some recent comments: 1m 5m 10m 15m 27m
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10 replies, 5353 views
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Author | Time | Post |
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mahatmakanejeeves | May 2017 | OP |
BumRushDaShow | May 2017 | #1 | |
mahatmakanejeeves | May 2017 | #2 | |
BumRushDaShow | May 2017 | #5 | |
Bengus81 | May 2017 | #3 | |
mahatmakanejeeves | May 2017 | #4 | |
mahatmakanejeeves | May 2017 | #6 | |
IronLionZion | May 2017 | #7 | |
mahatmakanejeeves | May 2017 | #8 | |
SpankMe | May 2017 | #9 | |
treestar | May 2017 | #10 |
Response to mahatmakanejeeves (Original post)
Fri May 5, 2017, 07:36 AM
BumRushDaShow (75,971 posts)
1. Thar she blows!
Will see if someone calls that "winning" or puts the blame on a predecessor.
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Response to BumRushDaShow (Reply #1)
Fri May 5, 2017, 07:42 AM
mahatmakanejeeves (34,994 posts)
2. It's better than predicted. Expect yuuuuge tweetstorm.
Economists surveyed by The Wall Street Journal expect the report will show nonfarm payrolls increased a seasonally adjusted 188,000 last month after growing by just 98,000 in March. They forecast the unemployment rate to tick up to 4.6% from 4.5%. I post regardless, good or bad. Good morning. |
Response to mahatmakanejeeves (Reply #2)
Fri May 5, 2017, 07:59 AM
BumRushDaShow (75,971 posts)
5. Buh buh buh...
"It's anemic growth" according to the current WH occupant when the same occurred under his predecessor.
![]() ![]() ![]() (Am guessing he's still high-fiving a bill that he thought was ready to sign but will be dismantled in the Senate shortly) |
Response to mahatmakanejeeves (Original post)
Fri May 5, 2017, 07:52 AM
Bengus81 (5,886 posts)
3. Remember,those unemployment numbers are FAKE according to Trump.....
Always were when Obama had unemployment in the 4% range. Trump always said you could add 5-6% to his numbers. Ok Trump,YOUR unemployment numbers are 10.4% right now.
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Response to mahatmakanejeeves (Original post)
Fri May 5, 2017, 07:54 AM
mahatmakanejeeves (34,994 posts)
4. Previously at DU:
Response to mahatmakanejeeves (Original post)
Fri May 5, 2017, 08:02 AM
mahatmakanejeeves (34,994 posts)
6. How to get around the paywall to read articles in The Wall Street Journal.:
For free access to articles in The Wall Street Journal., trying going in through the authors' Twitter feeds. I'll be posting them.
Ben Leubsdorf: @BenLeubsdorf https://twitter.com/BenLeubsdorf I cover the economy at @WSJ. @ConMonitorNews, @AP, @the_herald alum. DC native. Hyperactive news omnivore. Also I like burritos. ben.leubsdorf@wsj.com Josh Zumbrun: @JoshZumbrun https://twitter.com/JoshZumbrun National economics correspondent for the Wall Street Journal. Covering the world's usual state of greed and disorder, confusion and apathy. josh.zumbrun@wsj.com Nick Timiraos: @NickTimiraos https://twitter.com/NickTimiraos National economics correspondent, The Wall Street Journal Please look at the tweets, as Nick Timiraos likes to slice and dice the data every which way. Also, link to the "11 charts " article from his Twitter feed to get past TWSJ.'s paywall. Jeffrey Sparshott: @jeffsparshott https://twitter.com/jeffsparshott Jeffrey.Sparshott@wsj.com Paul Vigna: @paulvigna https://twitter.com/paulvigna Markets, bitcoin, and the zombie apocalypse. Eric Morath: @EricMorath https://twitter.com/EricMorath Eric.Morath@wsj.com I'm a Wall Street Journal economy reporter, dad, husband and Spartan for life. eric.morath@wsj.com Who loves ya, baby? ![]() |
Response to mahatmakanejeeves (Original post)
Fri May 5, 2017, 08:31 AM
IronLionZion (32,309 posts)
7. From the socialist sounding Bureau of Labor Statistics
I bet it's "seasonally adjusted" too, which is a sure sign of socialism.
![]() Pride comes before a fall. So If Trumpster fire brags about all the great stuff he has done to accomplish this, we will see a bad recession soon. I think Trump's policies will prove bad for the economy. The only silver lining is that Congress has decided to maintain budget spending levels and basically told Dolt 45 to go to hell. They're not likely to repeal Obamacare. People are going to ask when they'll get tax cuts and some coal and manufacturing jobs. |
Response to mahatmakanejeeves (Original post)
Fri May 5, 2017, 09:10 AM
mahatmakanejeeves (34,994 posts)
8. Swell charts 'n' stuff at the BLS Twitter feed and TWSJ.:
Last edited Mon May 8, 2017, 10:28 AM - Edit history (1) See our interactive graphics on today’s #JobsReport http://go.usa.gov/cn5B4 #BLSdata #DataViz Link to tweet More charts and analysis on the April nonfarm payroll employment numbers http://go.usa.gov/4UqY #JobsReport #BLSdata Link to tweet On net, full-time positions have outpaced part-time positions over the past decade https://blogs.wsj.com/economics/2017/05/05/the-april-jobs-report-in-11-charts/ Link to tweet |
Response to mahatmakanejeeves (Original post)
Fri May 5, 2017, 09:38 AM
SpankMe (2,251 posts)
9. Same trajectory as under Obama.
But it'll be characterized as some sort of win for Trump...even though it was derided as fake under Obama.
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Response to mahatmakanejeeves (Original post)
Fri May 5, 2017, 10:23 AM
treestar (78,296 posts)
10. Thanks Obama
Cue the claims they are all crappy jobs and that workforce participation is down due to the giver-uppers.
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