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Key Employment Figures, December 2016

Here is a glance at the Labor market of the United States accord to the Bureau of Labor Statistics. Key figures extracted, December 2016

Total nonfarm payroll employment rose by 156,000 in December, and the unemployment rate was little changed at 4.7 percent, the U.S. Bureau of Labor Statistics reported today.
Job growth occurred in health care and social assistance.

The number of unemployed persons, at 7.5 million, changed little in December. However, both measures edged down in the fourth quarter, after showing little net change earlier in the year.

Employment in food services and drinking places continued to trend up in December (+30,000). This industry added 247,000 jobs in 2016, fewer than the 359,000 jobs gained in 2015.

Employment also continued to trend up in transportation and warehousing in December
(+15,000). Within the industry, employment expanded by 12,000 in couriers and messengers. In 2016, transportation and warehousing added 62,000 jobs, down from a gain of 110,000 jobs in 2015.

In December, employment edged up in manufacturing (+17,000), with a gain of 15,000 in the durable goods component.

All signs points to a continued steady growth in the American job market. We at Just Walk In look forward to facilitating this growth. Let’s all get to work.

 

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