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290,000 jobs created in April, much better than expected; jobless rate 9.9%

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jefferson_dem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 07:33 AM
Original message
290,000 jobs created in April, much better than expected; jobless rate 9.9%
Edited on Fri May-07-10 07:37 AM by jefferson_dem
290,000 jobs created in April; jobless rate 9.9%

Comments Screener (5) Alert Email Print ShareBy Jeffry Bartash WASHINGTON (MarketWatch) - The American economy added 290,000 jobs in April, which was much better than expected despite temporary hiring for the 2010 U.S. Census. Excluding Census workers, 224,000 nonfarm jobs were created, with the unemployment rate edging up to 9.9% from 9.7%, the Labor Department reported Friday. Economists surveyed by MarketWatch expected the economy to add 185,000 jobs, with the jobless rate holding steady at 9.7%. The data for February was also revised to show a 39,000 increase in nonfarm jobs, compared to an originally reported decline of 14,000. Job gains in March were also revised up to 230,000 from 162,000. Meanwhile, the average workweek in April rose 0.1 hour to 34.1 hours for all nonfarm workers. Average hourly earnings ticked up 1 cent to $22.47.

http://www.marketwatch.com/story/290000-jobs-created-in-april-jobless-rate-99-2010-05-07?siteid=bnbh


Employment Situation Summary
Transmission of material in this release is embargoed USDL-10-0589
until 8:30 a.m. (EDT) Friday, May 7, 2010

Technical information:
Household data: (202) 691-6378 * cpsinfo@bls.gov * www.bls.gov/cps
Establishment data: (202) 691-6555 * cesinfo@bls.gov * www.bls.gov/ces

Media contact: (202) 691-5902 * PressOffice@bls.gov


THE EMPLOYMENT SITUATION -- APRIL 2010


Nonfarm payroll employment rose by 290,000 in April, the unemployment rate
edged up to 9.9 percent, and the labor force increased sharply, the U.S.
Bureau of Labor Statistics reported today. Job gains occurred in manufactur-
ing, professional and business services, health care, and leisure and hospi-
tality. Federal government employment also rose, reflecting continued hiring
of temporary workers for Census 2010.

Household Survey Data

In April, the number of unemployed persons was 15.3 million, and the unem-
ployment rate edged up to 9.9 percent. The rate had been 9.7 percent for the
first 3 months of this year. (See table A-1.)

Among the major worker groups, the unemployment rate for whites (9.0 percent)
edged up in April, while the rates for adult men (10.1 percent), adult women
(8.2 percent), teenagers (25.4 percent), blacks (16.5 percent), and Hispanics
(12.5 percent) showed little or no change. The jobless rate for Asians was
6.8 percent, not seasonally adjusted. (See tables A-1, A-2, and A-3.)

The number of long-term unemployed (those jobless for 27 weeks and over) con-
tinued to trend up over the month, reaching 6.7 million. In April, 45.9 percent
of unemployed persons had been jobless for 27 weeks or more. (See table A-12.)

Among the unemployed, the number of reentrants to the labor force rose by
195,000 over the month. (See table A-11.)

In April, the civilian labor force participation rate increased by 0.3 percent-
age point to 65.2 percent, as the size of the labor force rose by 805,000. Since
December, the participation rate has increased by 0.6 percentage point. The em-
ployment-population ratio rose to 58.8 percent over the month and has increased
by 0.6 percentage point since December. (See table A-1.)

The number of persons employed part time for economic reasons (sometimes refer-
red to as involuntary part-time workers) was about unchanged at 9.2 million in
April. These individuals were working part time because their hours had been cut
back or because they were unable to find a full-time job. (See table A-8.)

About 2.4 million persons were marginally attached to the labor force in April,
compared with 2.1 million a year earlier. (The data are not seasonally adjusted.)
These individuals were not in the labor force, wanted and were available for work,
and had looked for a job sometime in the prior 12 months. They were not counted
as unemployed because they had not searched for work in the 4 weeks preceding
the survey. (See table A-16.)

Among the marginally attached, there were 1.2 million discouraged workers in
April, up by 457,000 from a year earlier. (The data are not seasonally adjusted.)
Discouraged workers are persons not currently looking for work because they be-
lieve no jobs are available for them. The remaining 1.2 million persons marginal-
ly attached to the labor force had not searched for work in the 4 weeks preceding
the survey for reasons such as school attendance or family responsibilities. (See
table A-16.)


Establishment Survey Data

In April, nonfarm payroll employment rose by 290,000. Sizable employment gains oc-
curred in manufacturing, professional and business services, health care, and in
leisure and hospitality. Federal government employment increased due to the hiring
of temporary workers for Census 2010. Since December, nonfarm payroll employment
has expanded by 573,000, with 483,000 jobs added in the private sector. The vast
majority of job growth occurred during the last 2 months. (See table B-1.)

Manufacturing added 44,000 jobs in April. Since December, factory employment has
risen by 101,000. Over the month, gains occurred in several durable goods indus-
tries, including fabricated metals (9,000) and machinery (7,000). Employment also
grew in nondurable goods manufacturing (14,000).

Mining added 7,000 jobs in April, with most of the increase in support activities
for mining. Since last October, mining has added 39,000 jobs.

In April, construction employment edged up (14,000), following an increase of 26,000
in March. Over the month, nonresidential building and heavy construction added 9,000
jobs each.

Employment in professional and business services rose by 80,000 in April. Temporary
help services continued to add jobs (26,000); employment in this industry has in-
creased by 330,000 since September 2009. Employment also rose over the month in ser-
vices to buildings and dwellings (23,000) and in computer systems design (7,000).

In April, health care employment grew by 20,000, including a gain of 6,000 in hospi-
tals. Over the past year, health care employment has increased by 244,000.

Employment rose by 45,000 in leisure and hospitality over the month. Much of this
increase occurred in accommodation and food services, which added 29,000 jobs. Food
services employment has risen by 84,000 over the past 4 months, while accommodation
has added 18,000 jobs over the past 3 months.

Federal government employment was up in April, reflecting the hiring of 66,000 tem-
porary workers for the decennial census.

Over the month, employment changed little in wholesale trade, retail trade, informa-
tion, and financial activities.

Employment in transportation and warehousing fell by 20,000 in April, reflecting a
large decline in courier and messenger services.

In April, the average workweek for all employees on private nonfarm payrolls increased
by 0.1 hour to 34.1 hours. The manufacturing workweek for all employees increased by
0.2 hour for the second straight month to 40.1 hours, and factory overtime was up by
0.1 hour over the month. The average workweek for production and nonsupervisory em-
ployees on private nonfarm payrolls increased by 0.1 hour to 33.4 hours in April.
(See tables B-2 and B-7.)

Average hourly earnings of all employees in the private nonfarm sector increased by
1 cent to $22.47 in April. Over the past 12 months, average hourly earnings have in-
creased by 1.6 percent. In April, average hourly earnings of private-sector production
and nonsupervisory employees increased by 5 cents to $18.96. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for February was revised from -14,000
to +39,000, and the change for March was revised from 162,000 to 230,000.

http://www.bls.gov/news.release/empsit.nr0.htm
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mucifer Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 07:35 AM
Response to Original message
1. where are the green jobs?
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Nicholas D Wolfwood Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 09:09 AM
Response to Reply #1
9. Germany.
That's where most solar panels and other green tech is manufactured, because they have a workforce skilled enough to actually do it. Even American companies are outsourcing their "green" production thereOurs was predicated on the Ford/GM model, where if you just got through high school (or in many cases, didn't even bother), you could get a manufacturing job. Their education model is a lot more advanced than ours, and it's reaping dividends.
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fujiyama Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 02:40 PM
Response to Reply #9
14. Good points you bring up
I've dealt with interns from France and Germany, and it's really amazing how much they already know as an undergrad or recent grad. I wouldn't be surprised if the same holds true for recent HS grads over there.

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Dr Morbius Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 07:35 AM
Response to Original message
2. Improving, but needs to improve a good deal more. (nt)
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DrToast Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 07:36 AM
Response to Original message
3. Excellent number. Household survey shows 550,000 more employed
The labor force increased by 805,000 people, which is why the unemployment rate ticked up.

Still, a very strong report.

Census hiring only made up 66,000 of the 290,000 establishment survey jobs.
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high density Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 07:46 AM
Response to Original message
4. This is great news
February is revised up, now a gain.
March is revised up, a larger gain.
April was rip roaring.
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 08:17 AM
Response to Original message
5. Joe and Pat Buchannan both proclaimed this to be GREAT news...
... at which point I assumed I must be dreaming and I rolled over and went back to sleep. :)
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mecherosegarden Donating Member (434 posts) Send PM | Profile | Ignore Fri May-07-10 09:09 AM
Response to Reply #5
8. LOL!
Having those two in a dream should be called a nightmare!



:rofl: :rofl: :rofl: :rofl: :rofl:
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 08:21 AM
Response to Original message
6. Manufacturing added the highest number of jobs since 1998...
http://twitter.com/PressSec/status/13546924696

He's now besting the Big Dawg! :)
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Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 08:24 AM
Response to Original message
7. That 9.9% shows more people who have been off for a very long time
having the confidence to try and come back into the market... that is a very good sign
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SpartanDem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 10:32 AM
Response to Original message
10. K&R
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Clio the Leo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 11:23 AM
Response to Original message
11. I'm VERY surprised at how the MSM is focusing on the good news and not the bad...
... more being made of the 290,000 number than the 9.9 number.

But then again, I haven't checked out what Fox is saying. :)
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jenmito Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 11:28 AM
Response to Original message
12. K&R. It's even better than Biden's "optimistic" prediction of 200,000! n/t
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bigdarryl Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 02:05 PM
Response to Original message
13. hows this good news if the rate is up ticking from 9.7 to 9.9 that's the number everybody
remembers
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Aramchek Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 03:27 PM
Response to Reply #13
15. the number went up because more people think they can get a job now so they are trying
face it, even if the number had gone down, you would have found a reason to bitch.
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