Advance copies of this statement are made available to the press
under lock-up conditions with the explicit understanding that
the data are embargoed until 8:30 a.m. Eastern Standard Time.
Erica L. Groshen
Bureau of Labor Statistics
Friday, December 5, 2014
Nonfarm payroll employment rose by 321,000 in November,
and the unemployment rate was unchanged at 5.8 percent. The
increase in employment was widespread, led by gains in
professional and business services, retail trade, health care,
Incorporating revisions for September and October, which
increased total nonfarm payroll employment by 44,000, monthly
job increases have averaged 278,000 over the past 3 months. In
the 12 months prior to November, employment growth averaged
224,000 per month.
Employment in professional and business services rose by
86,000 in November. Within the industry, accounting and
bookkeeping services added 16,000 jobs. Employment continued to
trend up in temporary help services (+23,000), management and
technical consulting (+7,000), computer systems design (+7,000),
and architectural and engineering services (+5,000). Over the
year, employment in professional and business services has
increased by 696,000.
Retail trade employment grew by 50,000 in November. Job
gains occurred in motor vehicle and parts dealers (+11,000);
clothing and accessories stores (+11,000); sporting goods,
hobby, book, and music stores (+9,000); and nonstore retailers
(+6,000). Employment in retail trade has increased by 290,000
over the year.
Health care added 29,000 jobs in November, and employment
is up by 261,000 over the year. In November, employment
continued to trend up in offices of physicians (+7,000), home
health care services (+5,000), outpatient care centers
(+4,000), and hospitals (+4,000).
Employment in manufacturing grew by 28,000 in November.
Durable goods employment accounted for 17,000 of the increase.
In nondurable goods, plastics and rubber products added 7,000
jobs. Over the past 12 months, manufacturing added 171,000 jobs,
largely in durable goods.
Financial activities employment rose by 20,000 in November
and by 114,000 over the year. Within the industry, insurance
carriers and related activities gained 10,000 jobs in November
and 70,000 jobs over the year.
Transportation and warehousing added 17,000 jobs in
November, including 5,000 jobs in couriers and messengers.
Employment continued to trend up in food services and drinking
places (+27,000) and in construction (+20,000).
Average hourly earnings of all employees on private
nonfarm payrolls rose by 9 cents to $24.66 in November. Over the
12 months ending in November, average hourly earnings grew by
2.1 percent, in line with the recent trend in the series. From
October 2013 to October 2014, the Consumer Price Index for All
Urban Consumers (CPI-U) increased by 1.7 percent.
Turning to the survey of households, the unemployment rate
held at 5.8 percent in November, and the number of unemployed
persons was about unchanged at 9.1 million. The number of
unemployed persons who had been jobless for 27 weeks or more was
little changed at 2.8 million. These individuals accounted for
30.7 percent of the unemployed.
Both the labor force participation rate, at 62.8 percent,
and the employment-population ratio, at 59.2 percent, were flat
in November. The labor force participation rate has been
essentially unchanged since April. The employment-population
ratio is up by 0.6 percentage point over the year.
Among the employed in November, the number of people
working part time for economic reasons, at 6.9 million, changed
little over the month. (These individuals, also referred to as
involuntary part-time workers, would have preferred full-time
employment, but had their hours cut or were unable to find full-
Among people who were neither working nor looking for work
in November, 2.1 million were classified as marginally attached
to the labor force, essentially unchanged over the year. (These
individuals had not looked for work in the 4 weeks prior to the
survey but wanted a job, were available for work, and had looked
for a job within the last 12 months.) The number of discouraged
workers, a subset of the marginally attached who believed that
no jobs were available for them, was 698,000 in November, little
changed over the year.
In summary, nonfarm payroll employment increased by
321,000 in November, and the unemployment rate held at 5.8