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Feb 05

U.S. unemployment rate unchanged at 4.9%

unemploymentWASHINGTON, D.C. – Total nonfarm payroll employment rose by 151,000 in January, and the unemployment rate was little changed at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in several industries, led by retail trade, food services
and drinking places, health care, and manufacturing. Employment declined in private
educational services, transportation and warehousing, and mining.

Total nonfarm payroll employment increased by 151,000 in January. Employment rose
in several industries, led by retail trade, food services and drinking places,
health care, and manufacturing. Private educational services and transportation
and warehousing lost jobs. Mining employment continued to decline.

Retail trade added 58,000 jobs in January, following essentially no change in
December. Employment rose in general merchandise stores (+15,000), electronics
and appliance stores (+9,000), motor vehicle and parts dealers (+8,000), and
furniture and home furnishing stores (+7,000). Employment in retail trade has
increased by 301,000 over the past 12 months, with motor vehicle and parts dealers
and general merchandise stores accounting for nearly half of the gain.

Employment in food services and drinking places rose in January (+47,000). Over
the year, the industry has added 384,000 jobs.

Health care continued to add jobs in January (+37,000), with most of the increase
occurring in hospitals (+24,000). Health care has added 470,000 jobs over the past
12 months, with about two-fifths of the growth occurring in hospitals.

Manufacturing added 29,000 jobs in January, following little employment change in
2015. Over the month, job gains occurred in food manufacturing (+11,000),
fabricated metal products (+7,000), and furniture and related products (+3,000).

Employment in financial activities rose in January (+18,000). Job gains occurred
in credit intermediation and related activities (+7,000).

Private educational services lost 39,000 jobs in January due to larger than normal
seasonal layoffs.

Employment in transportation and warehousing decreased by 20,000 in January.
Most of the loss occurred among couriers and messengers (-14,000), reflecting
larger than usual layoffs following strong seasonal hiring in the prior 2 months.

Employment in mining continued to decline in January (-7,000). Since reaching a
peak in September 2014, employment in the industry has fallen by 146,000, or 17
percent.

Employment in professional and business services changed little in January
(+9,000), after increasing by 60,000 in December. Within the industry, professional
and technical services added 25,000 jobs over the month, in line with average
monthly gains over the prior 12 months. Employment in temporary help services
edged down in January (-25,000), after edging up by the same amount in December.

Employment in other major industries, including construction, wholesale trade,
and government, changed little over the month.

The average workweek for all employees on private nonfarm payrolls rose by 0.1
hour to 34.6 hours in January. The manufacturing workweek edged up by 0.1 hour
to 40.7 hours, and factory overtime was unchanged at 3.3 hours. The average
workweek for production and nonsupervisory employees on private nonfarm payrolls
was unchanged at 33.8 hours.

In January, average hourly earnings for all employees on private nonfarm
payrolls increased by 12 cents to $25.39. Over the year, average hourly earnings
have risen by 2.5 percent. In January, average hourly earnings of private-sector
production and nonsupervisory employees rose by 6 cents to $21.33.

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