Manufacturing Jobs Flat in January - Modern Distribution Management

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Manufacturing Jobs Flat in January

Overall employment grew 227,000 in January, with unemployment little changed at 4.8 percent.
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Employment in manufacturing, wholesale trade, transportation and warehousing, information, and government, showed little change in January, according to the U.S. Bureau of Labor Statistics.

Employment in construction rose by 36,000 in January, following little change in December. Residential building added 9,000 jobs over the month, and employment continued to trend up among residential specialty trade contractors (+11,000). Over the past 12 months, construction has added 170,000 jobs.

Overall, total nonfarm payroll employment rose by 227,000 in December, and the unemployment rate changed little at 4.8 percent.

In January, the number of long-term unemployed (those jobless for 27 weeks or more) was essentially unchanged at 1.9 million and accounted for 24.4 percent of the unemployed. Over the year, the number of long-term unemployed has declined by 244,000.

The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was little changed in January at 5.8 million. These individuals, who would have preferred full-time employment, were working part time because their hours had been cut back or because they were unable to find full-time jobs.

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