US Nonfarm Payrolls Slightly Up to 203K in November


Total nonfarm payroll employment increased by 203,000 in November, slightly up from a revised 200,000 in October. Job growth averaged 195,000 per month over the prior 12 months. In November, job gains occurred in transportation and warehousing, health care, and manufacturing.

Employment in transportation and warehousing rose by 31,000 in November, with gains in couriers and messengers (+9,000), truck transportation (+8,000), warehousing and storage (+5,000), and air transportation (+3,000).

Health care employment continued to increase over the month (+28,000). Job gains occurred in home healthcare services (+12,000) and offices of physicians (+7,000), while nursing care facilities lost jobs (-4,000). Job growth in health care has averaged 19,000 per month thus far this year, compared with an average monthly gain of 27,000 in 2012.

In November, manufacturing added 27,000 jobs. Within the industry, job gains occurred in food manufacturing (+8,000) and in motor vehicles and parts (+7,000).

In November, employment in professional and business services continued to trend up (+35,000). Over the prior 12 months, the industry added an average of 55,000 jobs per month.

Retail trade employment also continued to expand in November (+22,000). Within the industry, job growth occurred in general merchandise stores (+14,000); in sporting goods, hobby, book, and music stores (+12,000); and in automobile dealers (+7,000). Over the prior 12 months, job growth in retail trade averaged 31,000 per month.

Within leisure and hospitality, employment in food services and drinking places continued to trend up in November (+18,000). Job growth in this industry averaged 28,000 per month over the prior 12 months.

Employment in construction continued to trend up in November (+17,000). Monthly job gains in the industry averaged 15,000 over the prior 12 months.

US Nonfarm Payrolls Slightly Up to 203K in November


US Bureau Labour Statistics | Joana Taborda | joana.taborda@tradingeconomics.com
12/6/2013 1:38:19 PM