By BLS, 11/6/21
The
monthly jobs report shows jobs added in 2021 by month
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
4,609,000
total
The US jobs deficit for January 2021 was 9.5 million minus 4.609 million jobs added = 4.891 million deficit.
Total nonfarm payroll employment increased by 531,000 in October 2021 and the unemployment rate declined from 4.8% to 4.6%. The number of unemployed persons fell from 7.7 million to 7.4 million.
Professional and business services jobs increased by 100,000 in October. This included 41000 temp jobs. Jobs are down by 215,000 since February 2020.
Leisure and hospitality jobs increased by 164,000 in October. This included the addition of 119,000 jobs in food and drink. Jobs are down by 1.4 million since February 2020.
Education jobs decreased by 48,000 in October. This included a loss of 43,000 jobs in K-12 public education and 22,000 state college education. Private education added 17000 jobs. Education employment is down by 723,000 from February 2020 levels including job losses of 370,000 in K-12 government education, 205,000 in state government education and 148,000 in private education.
Health care jobs increased by 37,000 in October. Health care employment is down by 460,000 since February 2020.
Manufacturing increased by 60,000 jobs in October. Manufacturing employment is 270,000 below its February 2020 level.
Information jobs did not increase in October. Employment in information is down by 122,000 since February 2020.
Financial activity added 21,000 jobs in October. Employment in financial activities has returned to its February 2020 level.
Mining jobs increased by 5,000 in October. Mining employment is 87,000 below a peak in January 2019.
Retail jobs increased by 35,000 in October. Retail jobs are down by 140,000 since February 2020.
Transportation and warehousing added 54,000 jobs in October. Jobs are up by 149,000 since February 2020.
The other services jobs increased by 33000 in October. Employment in other services remains 169,000 lower than in February 2020.
Personal Care jobs increased by 28,000 jobs in October. including child care and elder care. Social Assistance care jobs are 204,000 below February 2020 levels
Construction jobs increased by 44,000 in October. Employment in construction is 150,000 lower than in February 2020.
Wholesale jobs increased by 14,000 in October. Employment in wholesale trade is 158,000 lower than in 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 July Aug Sept
Oct
Hospitality
2.2M 1.7M 1.7M
1.6M 1.4M
Prof
& Bus 632K 556K 468K 385K
215K
Manufacturing
481K 433K 378K 353K
270K
Construction
238K 238K 238K 201K
150K
Mining
110K 103K 103K 93K
87K
Healthcare
508K 502K 502K 524K
460K
Public
Schools 582K 205K 409K 504K
575K
Pvt
Schools 255K
207K 159K 172K
148K
Social
Asst 236K
236K 236K 204K
204K
Media/Info
193K
172K 150K 108K
122K
Transp
Whse 94K
44K 22K +75K
+149K
Wholesale
192K
192K 192K
159K 158K
Other
Svc 297K
236K 189K 189K
169K
Retail
303K 270K 285K
202K 140K
Totals 6.322M 5.575M 5.422M 4.619M 4.891M
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 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.
The
US Labor Force Participation Rate 2021
% 2021
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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