By BLS 2/4/22
https://www.bls.gov/news.release/pdf/empsit.pdf
The
monthly jobs report shows jobs added in 2021 and 2022 by month
467000
in January 2022
199000
in December
210000
in November
531000
in October
194000
in September
235000
in August
943000
in July
850000
in June
559,000
in May
278,000
in April
785,000
in March
379,000
in February
49,000
in January
5,018,000
total
The US jobs deficit for January 2021 was 9.5 million minus 5.485 million jobs added = 4.01 million deficit.
Total nonfarm payroll employment increased by 467,000 in January 2022 and the unemployment rate rose from 3.9% to 4.0%. The number of unemployed persons fell from 6.3 million to 5.7 million.
Professional and business services jobs increased by 86,000 in January. Jobs are up by 511,000 since February 2020.
Leisure and hospitality jobs increased by 151,000 in January. Jobs are down by 8.1 Million since February 2020.
Public Education jobs increased by 29,000 in January and is down by 359,000 since February 2020.
Health care jobs increased by 18,000 in January but is down by 378,000 since February 2020.
Financial jobs did not increase in January. Employment in financial activities is 30,000 jobs above its February 2020 level.
Retail jobs increased by 61000 in January. Retail jobs are up by 61,000 since February 2020.
Wholesale jobs increased by 16,000 in January. Employment in wholesale trade is 125,000 lower than in February 2020.
Transportation and warehousing added 54,000 jobs in January. Jobs
are up by 542,000 jobs since February 2020.
Manufacturing jobs did not increase in January. Manufacturing employment is 219,000 below its February 2020 level.
Information jobs did not increase in January. Employment in information is down by 122,000 since February 2020.
The other services jobs did not increase in January. Employment in other services remains 169,000 lower than in February 2020.
Personal Care jobs did not increase in January. Social Assistance care jobs are 204,000 below February 2020 levels
Construction jobs did not increase in January. Employment in construction is 88,000 lower than in February 2020.
Mining jobs did not increase in January. Mining employment is 81,000 below a peak in January 2019.
https://www.bls.gov/news.release/pdf/empsit.pdf
In
February 2020 the US Jobs Deficit was 9.5 million. US Unemployment by
industry has deficits since February 2020.
Industry
June July
Aug Sept Oct Nov Dec Jan
Hospitality 2.2M 1.7M
1.7M 1.6M 1.4M 1.3M 0.6M 1.8M
Prof
& Bus 632K 556K 468K 385K 215K 69K 35K 151K
Mfg 481K 433K 378K 353K 270K 253K 219K 219K
Construction238K 238K 238K
201K 150K 115K 88K 88K
Mining
110K 103K 103K 93K 87K
87K 81K 81K
Healthcare508K 502K 502K 524K 460K 450K 450K 378K
Public
Sch582K 205K 409K 504K 575K 575K 575K 359K
Pvt
Sch 255K 207K 159K 172K 148K 148K 148K 148K
SocialAsst236K 236K 236K 204K 204K 204K 204K 204K
Media/Info
193K 172K 150K 108K 122K
122K 122K 122K
Tran
Whse 94K 44K 22K+75K+149K+210K+218K +542K
Wholesale 192K 192K 192K 159K 158K 158K 129K 125K
Other
Svc 297K 236K 189K 189K
169K 169K 169K169K
Retail 303K 270K
285K 202K 140K 176K176K+61K
Totals 6.3M 5.6M 5.0M 4.6M 4.9M 4.7M 4.3M 4.M
https://www.bls.gov/news.release/pdf/empsit.pdf
https://www.bls.gov/news.release/empsit.nr0.htm
The Employment Situation-August 2021 (bls.gov)
Comments
The US Jobs deficit was 9.5 million in January 2021. This is the shortfall between jobs held in February 2020.
Over 2 million illegal immigrants entered the US since January 2021. I expect they will take government welfare in addition to food service, landscaping, construction and drug cartel jobs. Afghan refugees could exceed 100,000.
The
US Labor Force Participation Rate 2021-2022
% 2021- 2022
62.2
January
61.9
December
61.8
November
61.6
October
61.6
September
61.7
August
61.7
July
61.6
June
61.6
May
61.7
April
61.5
March
61.4
February
61.4
January
https://tradingeconomics.com/united-states/labor-force-participation-rate
Norb
Leahy, Dunwoody GA Tea Party Leader
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