January 2013 Nonfarm
Payroll Employment Up 157,000 - Unemployment 7.9%
February 01, 2013
Total nonfarm payroll
employment increased by 157,000 in January, and the unemployment rate
was essentially unchanged at 7.9 percent, the U.S. Bureau of Labor
Statistics reported today. Retail trade, construction, health care, and
wholesale trade added jobs over the month.
Household Survey Data
The number of unemployed persons, at 12.3 million, was little changed in
January. The unemployment rate was 7.9 percent and has been at or near
that level since September 2012.
Among the major worker groups, the unemployment rates for adult men (7.3
percent), adult women (7.3 percent), teenagers (23.4 percent), whites
(7.0 percent), blacks (13.8 percent), and Hispanics (9.7 percent) showed
little or no change in January. The jobless rate for Asians was 6.5
percent (not seasonally adjusted), little changed from a year earlier.
In January, the number of long-term unemployed (those jobless for 27
weeks or more) was about unchanged at 4.7 million and accounted for 38.1
percent of the unemployed.
Both the employment-population ratio (58.6 percent) and the civilian
labor force participation rate (63.6 percent) were unchanged in January.
The number of persons employed part time for economic reasons, at 8.0
million, changed little in January. These individuals were working part
time because their hours had been cut back or because they were unable
to find a full-time job.
In January, 2.4 million persons were marginally attached to the labor
force, down by 366,000 from 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.
Among the marginally attached, there were 804,000 discouraged workers in
January, a decline of 255,000 from a year earlier. (The data are not
seasonally adjusted.) Discouraged workers are persons not currently
looking for work because they believe no jobs are available for them.
The remaining 1.6 million persons marginally attached to the labor force
in January had not searched for work in the 4 weeks preceding the survey
for reasons such as school attendance or family responsibilities.
Acting
Secretary of Labor Seth D. Harris issued the following statement on the
January 2013 Employment Situation report released today:
"This morning's report shows solid, steady growth in jobs. The economy
added 157,000 nonfarm payroll jobs in January, while the unemployment
rate was unchanged at7.9 percent.
"January's report marks 35 consecutive months of private sector job
growth totaling more than 6.1 million jobs. Today's report shows that
the economy gained 2.25 million private sector jobs in 2012, which
includes an annual revision to the survey that resulted in an additional
424,000 jobs.
"Our recovery from the Great Recession continues at a steady pace as we
build on previous gains in job creation. The recent strengthening of the
housing market, in particular, is driving welcome growth in construction
employment, with 98,000 jobs added over the past four months and 296,000
jobs over the past two years. Retail jobs, health care jobs, and
professional and business services jobs also contributed to the positive
numbers in today's report.
"Over the last three months, we've added an average of 208,000 private
sector jobs, and that is a real testament to the resilience of our
economy. But there is more work to do. The bipartisan American Taxpayer
Relief Act of 2012 enacted this month met President Obama's goal of
keeping taxes low for middle class families — a critical part of
assuring that our economy will stay on its path toward greater growth.
Congress should resolve remaining tax and spending issues to provide
hard-working middle-class families and small businesses a measure of
certainty about the future. As Congress considers how it should address
long-term deficit challenges, it is essential that it take a balanced
approach that preserves programs providing important safeguards for
working families struggling to make ends meet in an improving labor
market."