By BLS 6/3/22
https://www.bls.gov/news.release/pdf/empsit.pdf
The
monthly jobs report shows jobs added in 2021 and 2022 by month
390000
in May 2022
428000
in April 2022
431000
in March 2022
678000
in February 2022
467000
in January 2022
199000
in December 2021
210000
in November 2021
531000
in October 2021
194000
in September 2021
235000
in August 2021
943000
in July 2021
850000
in June 2021
559,000
in May 2021
278,000
in April 2021
785,000
in March 2021
379,000
in February 2021
49,000
in January 2021
6,945,000 total
The US jobs deficit for January 2021 was 9.5 million minus 6.945 million jobs added = 2.555 million deficit.
Total nonfarm payroll employment increased by 390,000 in May 2022 and the unemployment rate remained at 3.6%. The number of unemployed persons remained at 6.0 million.
Professional and business services jobs increased by 75,000 in May. Jobs are up by 821,000 since February 2020.
Financial jobs did not increase in May. Employment in financial activities is 71,000 jobs above its February 2020 level.
Health care jobs increased by 28,000 in May but is down by 223,000 since February 2020.
Construction jobs increased by 36000 in May. Employment in construction is 40,000 higher than in February 2020.
Mining jobs increased by 6000 in May. Mining employment is 80,000 higher than in January 2019.
Transportation and warehousing jobs increased by 47,000 jobs in May. Jobs are up by 709,000 jobs since February 2020.
Manufacturing jobs increased by 18000 in May.
Manufacturing employment is 17,000 below its February 2020 level.
The other services repair jobs did not increase in May. Employment in other services remains 317,000 lower than in February 2020.
Wholesale jobs increased by 14000 in May. Employment in wholesale trade is 41,000 lower than in February 2020.
Retail jobs increased by 61,000 in May. Retail jobs are up by 159,000 since February 2020.
Leisure and hospitality jobs increased by 84,000 in May. Jobs are down by 1.3 Million since February 2020.
Public Education jobs did not increase in May and is down by 308,000 since February 2020.
Information jobs did not increase in May. Employment in information is down by 122,000 since February 2020.
Personal Care jobs did not increase in May. Social Assistance care jobs are 126,000 below February 2020 levels
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 Sept Oct Dec Feb Mar Apr
May
Hospitality
2.2M 1.6M 1.4M
0.6M 1.5M 1.5M 1.4M 1.3M
Prof
& Bus 632K 385K 215K 35K+596k+734k+738k+821k
Mfg 481K 353K 270K 219K178k 128k 56k 17k
Construct 238K
201K 150K 88K
11k +8k +8k +40k
Mining
110K 93K 87K 81K
62k 62k +73k +80k
Healthcare 508K
524K 460K 450K
306k 298k 250k 223k
Public
Sch 582K 504K 575K 575K 306k 306k 306k 308k
Pvt
Schls 255K 172K 148K
148K 148k 148k 148k 115k
SocialAsst 236K
204K 204K 204K 152k 126k 126k
126k
Media/Info
193K 108K 122K 122K 122k 122k 122k 122k
Tran
Whse 94K +75K+149K+218K+584k+608k+674k+709k
Wholesale
192K 159K 158K 129K
113k 113k 57k 41k
Other
Svc 297K 189K 169K 169K 317k 317k 317k
317k
Retail
303K 202K 140K 176K
104k 278k 284k+159k
Totals 6.3M 4.6M 4.9M 4.3M 3.8M 3.6M 2.9M 2.6M
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
62.3
May
62.2
April
62.4
March
62.3
February
62.2
January 2022
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 2021
https://tradingeconomics.com/united-states/labor-force-participation-rate
Norb
Leahy, Dunwoody GA Tea Party Leader
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