By BLS 6/2/23
https://www.bls.gov/news.release/pdf/empsit.pdf
The monthly jobs report shows jobs added in 2021, 2022 and 2023. by month.
339000
in May 2023
253000
in April 2023
236000
in March 2023
311000
in February 2023
517000
in January 2023
223000
in December 2022
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
11,148,700 total
Total nonfarm payroll employment increased by 339,000 in May 2023 and the unemployment rate moved from 3.5%to 3.7%. The number of unemployed persons moved from 5.8 million to 6.1 million.
Leisure and hospitality jobs increased by 48,000 in May. Jobs were down by 349,000 since February 2020.
Government jobs increased by 56,000 in May. Government Jobs are down 209,000 since February 2020
Professional and business services jobs increased by 64,000 in May and is above February 2020 levels by 1,000,000 jobs.
Health care jobs increased by 52,000 in May and has recovered since February 2020.
Social Assistance jobs increased by 22,000 in May.
Transportation and Warehouse jobs increased by 24,000 jobs in May.
Retail jobs declined by 15000 in April. Retail jobs are down by 150,000 since February 2020
Financial jobs increased by 23,000 in April. Employment in financial activities is 200,000 jobs above its February 2020 level..
Manufacturing jobs did not increase in May and is at its February 2020 level.
Construction jobs increased by 25,000 in May. .
Other Services jobs did not increase in May.
Information jobs did not increase in May.
Wholesale jobs did not increase in May. but has recovered since February 2020.
Mining, Oil and Gas Extraction Jobs did not increase in May.
https://www.bls.gov/news.release/pdf/empsit.pd
In
February 2020 the US Jobs Deficit was 9.5 million. US Unemployment
by industry had deficits from February 2020.
2020 2021
Industry
June Sept Oct Feb
Apr May Aug
Dec
Hospitality
2.2M 1.6M 1.4M
1.5M 1.4M 1.3M
-1.1m -1m
Prof
& Bus 632K 385K 215K+596k+738k +821k+1.1m +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 -40k
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 +0k
Other Svc 297K 189K 169K
317k 317k
317k -317k -300k
Retail
303K 202K 140K 104k 284k+159k
-208k -200k
Totals 6.3M 4.6M 4.9M 3.8M 2.9M 2.6M -1.34k - 0k
Industries with deficits as of 2/28/23 included 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 7 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 2 million legal immigrants arrive each year and 2 million US students graduate each year.
The
US Labor Force Participation Rate 2021-2023
62.6
May 2023
62.6
April 2023
62.6
March 2023
62.5
February 2023
62.4
January 2023
60.1
December 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 2021
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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