Friday, October 8, 2021

US Jobs Report September 2021

By BLS, 10/8/21 

The monthly jobs report shows jobs added in 2021 by month

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

4,078,000 total

The US jobs deficit for January 2021 was 9.5 million minus 4.078 million jobs added = 5.422 million deficit.

Total nonfarm payroll employment increased by 194,000 in September 2021 and the unemployment rate declined from 5.2% to 4.8%. The number of unemployed persons fell from 8.4 million to 7.7 million.

Professional and business services jobs increased by 60,000 in September. This included jobs in engineering and commuter services. Jobs are down by 385,000 since February 2020.

Leisure and hospitality jobs increased by 74,000 in September. This included the addition of 32,000 jobs in food and drink and a gain of 43,000 jobs in entertainment. Jobs are down by 1.6 million since February 2020.

Education jobs decreased by 180,000 in September.  This included a loss of 144,000 jobs in K-12 public education, 17,000 state college education and 19,000 in private education. Education Employment is down by 676,000 from February 2020 levels including job losses of 310,000 in K-12 government education, 194,000 in state government education and 172,000 and private education.

Health care jobs decreased by 18,000 in September.  Health care employment is down by 524,000 since February 2020.

Manufacturing increased by 26,000 jobs in September. including job   Manufacturing employment is 353,000 below its February 2020 level.

Information jobs increased by 32,000 in September and included jobs in publishing, hosting, data processing, film and sound recording, Employment in information is down by 108,000 since February 2020.

Financial activity jobs remained unchanged at 17,000 in September including real estate. Employment in financial activities is down by 29,000 since February 2020.

Mining jobs increased by 5,000 in September. Mining employment is 93,000 below a peak in January 2019.

Retail jobs increased by 56,000 in September.  Retail jobs are down by 202,000 since February 2020.

Transportation and warehousing added 47,000 jobs in September. Jobs are up by 72,000 since February 2020.

The other services industry reported no jobs added in September, including repair and maintenance services. Employment in other services remains 189,000 lower than in February 2020.

Construction jobs increased by 22,000 in September. Employment in construction is 201,000 lower than in February 2020.

Wholesale jobs increased by 17,000 in September.  Employment in wholesale trade is 159,000 lower than in February 2020.

Personal Care jobs increased by 30,000 jobs in September, including child care and elder care. Social Assistance care jobs are 204,000 below February 2020 levels.

https://www.bls.gov/news.release/empsit.nr0.htm

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

Hospitality       2.2M      1.7M      1.7M    1.6M

Prof & Bus       632K      556K     468K    385K

Manufacturing 481K      433K     378K    353K

Construction    238K      238K     238K    201K

Mining             110K      103K     103K      93K

Healthcare       508K      502K     502K     524K

Public Schools 582K      205K     409K     504K

Pvt Schools      255K      207K     159K    172K

Social Asst       236K      236K     236K     204K

Media/Info       193K       172K     150K     108K

Transp Whse    94K         44K       22K     +75K

Wholesale      192K        192K      192K    159K

Other Svc       297K        236K      189K    189K

Retail              303K        270K      285K    202K

Totals           6.322M    5.575M  5.422M  4.619M  

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 vs September 2021.

Over 1.5 million illegal immigrants entered the US since January 2100. I expect they will take government welfare in addition to food service, landscaping, construction and drug cartel jobs. Afghan refugees could exceed 100,000.

Norb Leahy, Dunwoody GA Tea Party Leader

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