By BLS 12/2/22
https://www.bls.gov/news.release/pdf/empsit.pdf
The monthly jobs report
shows jobs added in 2021 and 2022 by month
263000 in November 2022
261000 in October 2022
263000 in September
2022
315000 in August 2022
528000 in July 2022
372000 in June 2022
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
8,684,000 total
The US jobs deficit for January 2021 was 9.5 million minus 8.947 million jobs added = 553 thousand deficit.
Total nonfarm payroll employment increased by 263,000 in November 2022 and the unemployment rate remained at 3.7%. The number of unemployed persons remained at 6.1 million.
Professional and business services jobs increased by 6,000 in November and is above February 2020 levels by 1,100,000 jobs.
Financial jobs increased by 14,000 in November. Employment in financial activities is 200,000 jobs above its February 2020 level.
Health care jobs increased by 45,000 in November and has recovered since February 2020.
Social Assistance jobs increased by 21000 in November.
Manufacturing
jobs increased by 14000 in November.
Manufacturing employment is at its February 2020 level.
Construction jobs increased by 20000 in November.
Other Services jobs increased by 24000 in November.
Information jobs increased by 19000 in November.
Wholesale added 15,000 jobs in October and has recovered since February 2020.
Leisure and hospitality jobs increased by 88,000 in November. Jobs are down by 1.1 million since February 2020.
Government jobs increased by 42000 in November.
Social Assistant jobs increased by 23000 in November.
Mining Jobs did not increase November,
Transportation and Warehouse jobs decreased by 15,100 in November.
Retail jobs decrease 21800 in November. Retail jobs are down by 208,000 since February 2020.
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 Feb Apr May Aug
Sep
Hospitality 2.2M 1.6M
1.4M 1.5M 1.4M 1.3M -1.1m -1.1m
Prof &
Bus 632K 385K 215K+596k+738k +821k+1.1m +1.1m
Mfg 481K 353K 270K 178k
56k 17k 0k
0k
Construct 238K
201K 150K 11k +8k +40k
+40k +59k
Mining
110K 93K 87K 62k +73k +80k +96k +102
Healthcare 508K 524K 460K
306k 250k 223k -37k
+0k
Public Sch 582K 504K
575K
306k 306k 308k -555k
-555k
Pvt Schls 255K 172K
148K
148k 148k 115k +115k
+115k
SocialAsst 236K
204K 204K 152k 126k 126k -53k -53k
Media/Info 193K 108K
122K
122k 122k 122k
+117k +101k
Tran Whse 94K +75K +149K+584k +674k+709k +759k +751k
Wholesale 192K 159K 158K 113k
1 57k 41k -3k +9k
Other
Svc 297K 189K 169K 317k 317k
317k -317k -317k
Retail
303K 202K 140K 104k 284k+159k -208k
-208k
Totals 6.3M 4.6M 4.9M 3.8M 2.9M 2.6M -1.34k -10.8k
Industries with current deficits as of 12/4/22 include Hospitality, Public Schools, Retail and Other Services.
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 5 million illegal immigrants entered the US since January 2021. I expect they will take government welfare in addition to jobs in food service, landscaping and drug cartel jobs. Over 1 million legal immigrants arrive each year and 2 million US students graduate each year.
The US Labor Force
Participation Rate 2021-2022
% 2021- 2022
62.1 November
62.2 October
62.3 September
62.4 August
62.1 July
62.2 June
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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