December 2012 BLS Employment Report Estimates 155000 Jobs Gained while ADP Report Reveals 215000 Jobs Added
Total nonfarm payroll employment in the United States rose by 155,000 jobs in December 2012, bringing the total number of jobs created in 2012 to 1.84 million, according to ‘THE EMPLOYMENT SITUATION — DECEMBER 2012’ released by the U.S. Department of Labor’s Bureau of Labor Statistics (BLS) today. The report also found the unemployment rate remained largely unchanged at 7.8 percent while the number of unemployed people, at 12.2 million, also was little changed during the month. The December 2012 report will be available at http://www.bls.gov/news.release/pdf/empsit.pdf until the January 2013 Employment Situation Report is released on Friday, February 1, 2013.
The December 2012 Employment Situation Report showed that employment growth averaged 153,000 per month in 2012, the same as the average monthly gain for 2011. In December 2012, among specific industries, employment increased in health care, food services and drinking places, construction, and manufacturing:
- Health care employment continued to expand in December 2012 with 45,000 jobs added. During the month, ambulatory health care services added 23,000 jobs, hospitals added 12,000 jobs, and in nursing and residential care facilities added 10,000 jobs. In 2012, health care employment rose by 338,000 jobs.
- Food services and drinking places employment rose by 38,000 jobs in December 2012. The industry added an average of 24,000 jobs a month in 2012, essentially the same as in 2011.
- Construction employment added 30,000 jobs in December 2012, led by employment increases of 13,000 jobs in construction of buildings and 12,000 jobs in residential specialty trade contractors.
- Manufacturing employment rose by 25,000 jobs in December 2012, with small gains in a number of component industries. In 2012, factory employment increased by 180,000 jobs with most of the growth occurred during the first quarter.
- Employment in other major industries, including retail trade, mining and logging, transportation and warehousing, financial activities, professional and businesses services, and government, showed little change over the month.
The December 2012 Employment Situation Report also revised the change in nonfarm employment for October 2012 from 138,000 jobs added down to 137,000 jobs added and the change for November 2012 was revised from 146,000 jobs added up to 161,000 jobs added.
According to the December 2012 ADP National Employment Report® produced by Automatic Data Processing, Inc. (ADP®), the U.S. economy added 215,000 private sector jobs from November to December, while the estimated gain from October to November was revised up from the initial estimate of 118,000 jobs to 148,000. During the past year, the report found the private sector added a total of more than 1.7 million jobs. The December 2012 ADP National Employment Report is available at: http://www.adpemploymentreport.com/2012/December/NER/NER-December-2012.aspx.
Other highlights of the December 2012 ADP National Employment Report include:
- Large businesses representing payrolls with more than 499 employees added 87,000 jobs from November 2012 to December 2012. Large businesses with more than 1,000 employees gained 61,000 jobs while those with 500-999 employees gained 26,000 jobs.
- Medium businesses representing payrolls with 50 to 499 employees added 102,000 jobs from November 2012 to December 2012.
- Small businesses representing payrolls with 1 to 49 employees added 25,000 jobs from November 2012 to December 2012. Small businesses with 20 to 49 employees gained 31,000 jobs while those with 1 to 19 employees lost 6,000 jobs.
- Service providing sector added 187,000 jobs from November 2012 to December 2012.
- Goods producing sector added 28,000 jobs from November 2012 to December 2012.
- Trade/transportation/utilities gained 53,000 jobs from November 2012 to December 2012.
- Construction gained 39,000 jobs from November 2012 to December 2012.
- Professional/business services gained 37,000 jobs from November 2012 to December 2012.
- Financial activities gained 14,000 jobs from November 2012 to December 2012.
- Manufacturing lost 11,000 jobs from November 2012 to December 2012.
Of the 25,000 jobs created in private small business employment from November 2012 to December 2012, the ADP Small Business Report® – a subset of the ADP National Employment Report – revealed that the service providing sector added 18,000 jobs while the goods producing sector gained 7,000 jobs. For more information, visit http://www.adpemploymentreport.com/SBS-NER-December2012.aspx.
The ADP National Employment Report – produced in collaboration with Moody’s Analytics, Inc. – is a monthly measure of the change in total U.S. nonfarm private employment derived from an anonymous subset of roughly 406,000 U.S. clients that employ more than 23 million U.S. workers. The January 2013 ADP National Employment Report will be released on Wednesday, January 30, 2013.
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