Economic Research and Data

Economic Trends

Filling you in on the current state of the economy

Labor Market Conditions

  Average monthly change
(thousands of employees, NAICS)
2004 2005 2006 Jan. 2007 Feb. 2007
Payroll employment
172
212
189
146
97
Goods-producing
28
32
9
26
-71
  Construction
26
35
11
28
-62
  Manufacturing
0
–7
–7
–2
–14
    Durable goods
8
2
0
–19
–7
    Nondurable goods
–9
–9
–6
17
-7
Service-providing
144
180
179
120
168
  Retail Trade
16
19
–3
25
7
  Financial activities*
8
14
16
4
8
  PBS**
38
57
42
26
29
    Temporary help svcs.
11
18
–1
3
-12
  Education & health svcs.
33
36
41
30
31
  Leisure and hospitality
25
23
38
22
31
  Government
14
14
20
15
39
  Average for period (percent)
Civilian unemployment rate
5.5
5.1
4.6
4.6
4.5

a. Financial activities include the finance, insurance, and real estate sector and the rental and leasing sector.
b. PBS is Professional Business Services (professional, scientific, and technical services, management of companies and enterprises, administrative and support, and waste management and remediation services).
Source: U.S. Department of Labor, Bureau of Labor Statistics.

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