Nonfarm payroll employment increased by 157,000 in May


Nonfarm payroll employment increased by 157,000 in May, the unemployment rate was unchanged at 4.5 percent and the Average hourly earnings rose by 6 cents, or 0.3 percent, over the month.

Nonfarm payroll employment increased by 157,000 in May, and the unemployment rate was unchanged at 4.5 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Health care and food services added jobs, while employment declined in manufacturing. Average hourly earnings rose by 6 cents, or 0.3 percent, over the month.

The number of unemployed persons (6.8 million) and the unemployment rate (4.5 percent) were unchanged in May. The jobless rate has ranged from 4.4 to 4.6 percent since September 2006. Over the month, the jobless rates for the major worker groups--adult men (4.0 percent), adult women (3.8 percent), teenagers (15.7 percent), whites (3.9 percent), blacks (8.5 percent), and Hispanics (5.8 percent)--showed little or no change. The unemployment rate for Asians was 2.9 percent, not seasonally adjusted.

In May, total employment was about unchanged at 145.9 million, and the employment-population ratio held at 63.0 percent. The civilian labor force also was about unchanged at 152.8 million, and the labor force participation rate remained at 66.0 percent.oth the employment-population ratio and labor force participation rate were down by 0.4 percentage point from December.

The number of persons who worked part time for economic reasons, at 4.5 million, was little changed in May but was up by 332,000 over the year. This category includes persons who indicated that they would like to work full time but were working part time because their hours had been cut back or because they were unable to find full-time jobs

U.S. Department of Labor
6/6/2007 11:52:47 AM