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To: traditional2

Total nonfarm payroll employment increased by 216,000 in December. Employment continued to trend up in government, health care, social assistance, and construction,while transportation and warehousing lost jobs.

Payroll employment rose by 2.7 million in 2023 (an average monthly gain of 225,000), less than the increase of 4.8 million in 2022 (an average monthly gain of 399,000). (See table B-1.)

Government employment increased by 52,000 in December. Employment continued to trendup in local government (+37,000) and federal government (+7,000). Government added anaverage of 56,000 jobs per month in 2023, more than double the average monthly gain of23,000 in 2022.

In December, health care added 38,000 jobs. Employment continued to trend up in ambulatory health care services (+19,000) and hospitals (+15,000). Job growth in health care averaged 55,000 per month in 2023, compared with the 2022 average monthly gain of 46,000.

Employment in social assistance rose by 21,000 in December, mostly in individual and family services (+17,000). Social assistance employment rose by an average of 22,000 per month in 2023, little different than the average increase of 19,000 per month in 2022.

In December, construction employment continued to trend up (+17,000). Employment in nonresidential building construction increased by 8,000. Construction added an average of 16,000 jobs per month in 2023, little different than the 2022 average monthly gain of 22,000.

Employment in transportation and warehousing declined by 23,000 in December. Couriers and messengers lost 32,000 jobs, while air transportation added 4,000 jobs. Since reaching a peak in October 2022, employment in transportation and warehousing has decreased by 100,000.

Employment in leisure and hospitality changed little in December (+40,000). The industry added an average of 39,000 jobs per month in 2023, less than half the average gain of 88,000 jobs per month in 2022. Employment in the industry is below its pre-pandemic February 2020 level by 163,000, or 1.0 percent.

Retail trade employment changed little in December (+17,000). Over the month,
employment increased in warehouse clubs, supercenters, and other general merchandise retailers (+14,000); building material and garden equipment and supplies dealers (+8,000); and automotive parts, accessories, and tire retailers (+4,000). These jobgains were partially offset by a job loss in department stores (-13,000). Retail trade employment has shown little change, on net, since recovering in early 2022 from pandemic-related losses.

In December, employment in professional and business services changed little (+13,000). Employment in professional, scientific, and technical services continued to trend up(+25,000); this industry added an average of 22,000 jobs per month in 2023, about half the average monthly gain of 41,000 in 2022. In December, employment in temporary help services continued its downward trend (-33,000) and has fallen by 346,000 since reaching a peak in March 2022. Overall, employment in professional and business services changed
little in 2023.


11 posted on 01/05/2024 6:20:07 AM PST by kabar
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To: kabar

Any idea what the job participation rate was?? Or wage increase?

BTW: “Government employment increased by 52,000 in December.”

Guarantee that is where all the revisions are coming from. They are inflating the numbers via “gov’t employment” only to revise them downwards the following month


14 posted on 01/05/2024 6:25:12 AM PST by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
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To: kabar
So........25% of the Jobs Report additional hires were Federal Govt. hires, to keep Unemployment numbers where they want them.

That's 50K+ additional Democrat voters (couple with the millions of Illegals, who vote Democrat, whether THEY submit ballots, or are just used for Mail-in vote identities).

21 posted on 01/05/2024 6:40:41 AM PST by traditional2 (lets go B*and*n)
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