Manufacturing Jobs Increase in February - Modern Distribution Management

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Manufacturing Jobs Increase in February

Overall employment grew 235,000 in February, with unemployment little changed at 4.7 percent.
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Manufacturing added 28,000 jobs in February, according to the U.S. Bureau of Labor Statistics.

In February, construction employment increased by 58,000, with gains in specialty trade contractors (+36,000) and in heavy and civil engineering construction (+15,000). Construction has added 177,000 jobs over the past six months.

Overall, total nonfarm payroll employment rose by 235,000 in February, and the unemployment rate changed little at 4.7 percent.

In January, the number of long-term unemployed (those jobless for 27 weeks or more) was essentially unchanged at 1.8 million and accounted for 23.8 percent of the unemployed. Over the year, the number of long-term unemployed has declined by 358,000.

The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was little changed in February at 5.7 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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