Payroll employment up 175,000 in February 2014
March 10, 2014
Total nonfarm payroll employment rose by 175,000 in February. Job growth averaged 189,000 per month over the prior 12 months. In February, job gains occurred in professional and business services and in wholesale trade, while the information industry lost jobs.
Employment in professional and business services increased by 79,000 in February. Over the prior 12 months, professional and business services added an average of 56,000 jobs per month. Accounting and bookkeeping services added 16,000 jobs in February. Employment continued to trend up in temporary help services (+24,000) and in services to buildings and dwellings (+11,000).
In February, wholesale trade added 15,000 jobs, with nearly all of the increase occurring in durable goods (+12,000). Over the prior 12 months, the employment gain in wholesale trade averaged 9,000 per month.
The information industry lost 16,000 jobs in February. Most of the decline occurred in motion picture and sound recording (-14,000); employment in this industry can be volatile from month to month.
Employment in other major industries changed little over the month.
Since the most recent recession ended in June 2009, total nonfarm payroll employment has increased 4.9 percent. Employment in the private sector increased 6.5 percent from June 2009 to February 2014, while government employment declined 3.3 percent.
|Industry||Employment level||Percent change|
|June 2009||February 2014(p)|
Mining and logging
Transportation and warehousing
Professional and business services
Education and health services
Leisure and hospitality
Among the major private sector industries, mining and logging experienced the largest employment gain since the end of the recession, 22.7 percent. Employment in professional and business services increased 13.3 percent, while employment in leisure and hospitality rose 9.7 percent. The information industry, utilities, and construction all lost jobs, on net, from June 2009 to February 2014.
These data are from the Current Employment Statistics (CES) program and are seasonally adjusted. Data for the most recent two months are preliminary. To learn more, see "The Employment Situation — February 2014," (HTML) (PDF) news release USDL‑14‑0354. More charts featuring CES employment data can be found in Current Employment Statistics Highlights: February 2014 (PDF).
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Payroll employment up 175,000 in February 2014 on the Internet at https://www.bls.gov/opub/ted/2014/ted_20140310.htm (visited July 05, 2020).
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