Payroll employment up by 2 million in 2005
January 09, 2006
From December 2004 to December 2005, total nonfarm payroll employment grew by 2.0 million.
Professional and business services employment increased by 486,000 over the year. Employment in the health care industry expanded by 271,000.
The construction industry added 246,000 jobs over the year. Employment growth in residential building and residential specialty trade contractors accounted for about two-thirds of this gain.
Financial activities posted an over-the-year gain of 188,000. Much of this increase occurred in credit intermediation and real estate.
Mining added 48,000 jobs from December 2004 to December 2005 , with most of the growth occurring in support activities for mining, particularly oil and gas.
Payroll employment data in this article are from the BLS Current Employment Statistics program and are seasonally adjusted. Data for December 2005 are preliminary and subject to revision. To learn more, see "The Employment Situation: December 2005" (PDF) (TXT), news release USDL 06-07.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Payroll employment up by 2 million in 2005 on the Internet at http://www.bls.gov/opub/ted/2006/jan/wk2/art01.htm (visited June 30, 2016).