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Payroll employment up by 315,000 in August 2022

September 07, 2022

Total nonfarm payroll employment increased by 315,000 in August 2022 and by 5.8 million over the past 12 months, as the labor market continued to recover from the job losses of the pandemic-induced recession. In August 2022, total nonfarm employment was 240,000 higher than its pre-pandemic level in February 2020. Professional and business services added 68,000 jobs in August. Over the past 12 months, professional and business services added 1.1 million jobs. Employment in financial activities rose by 17,000 in August and by 200,000 over the year.

Change in total nonfarm employment by industry, February 2020 to August 2022
Industry 1-month change 12-month change Change since Feb. 2020

Mining and logging

7,000 67,000 -45,000

Construction

16,000 311,000 84,000

Manufacturing

22,000 461,000 67,000

Wholesale trade

15,100 197,000 3,400

Retail trade

44,000 422,300 259,500

Transportation and warehousing

4,800 409,700 748,200

Utilities

600 1,800 -5,500

Information

7,000 166,000 129,000

Financial Activities

17,000 200,000 111,000

Professional and business services

68,000 1,132,000 1,048,000

Education and health services

68,000 816,000 -54,000

Leisure and hospitality

31,000 1,315,000 -1,215,000

Other services

7,000 203,000 -246,000

Government

7,000 138,000 -645,000

Retail trade added 44,000 jobs in August and 422,000 jobs over the past 12 months. Employment in wholesale trade increased by 15,000 in August, returning to its February 2020 level. This industry added 197,000 jobs over the year.

Employment in leisure and hospitality changed little in August (+31,000), following average monthly gains of 90,000 in the first 7 months of the year. Employment in leisure and hospitality is below its February 2020 level by 1.2 million.

In August, employment showed little change in other major industries, including construction, transportation and warehousing, information, other services, and government.

These data are from the Current Employment Statistics program and are seasonally adjusted. Data for the most recent 2 months are preliminary. To learn more, see "The Employment Situation — August 2022." Also see more charts of national employment, hours, and earnings data.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Payroll employment up by 315,000 in August 2022 at https://www.bls.gov/opub/ted/2022/payroll-employment-up-by-315000-in-august-2022.htm (visited November 29, 2022).

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