Employment Situation: Nonfarm Payrolls and Civilian Unemployment November 2016

The latest Employment Situation Report indicated that in November, net non-farm payrolls increased by 178,000 jobs overall with the private non-farm payrolls sub-component adding 156,000 jobs while the civilian unemployment decreased to 4.6% over the same period.

Net private sector jobs increased 0.13% since last month climbing 1.68% above the level seen a year ago and climbing 5.96% above the peak level of employment seen in December 2007 prior to the Great Recession.

Employment Situation: Nonfarm Payrolls and Civilian Unemployment April 2016

Today's Employment Situation Report indicated that in April, net non-farm payrolls increased by a 160,000 jobs overall with the private non-farm payrolls sub-component adding 171,000 jobs while the civilian unemployment remained flat at 5.0% over the same period.

Net private sector jobs increased 0.14% since last month climbing 2.17% above the level seen a year ago and climbing 5.06% above the peak level of employment seen in December 2007 prior to the Great Recession.

Employment Situation: Nonfarm Payrolls and Civilian Unemployment January 2015

Today's Employment Situation Report indicated that in January, net non-farm payrolls increased by 257,000 jobs overall with the private non-farm payrolls sub-component adding 267,000 jobs while the civilian unemployment rate increased slightly to 5.7% over the same period.

Net private sector jobs increased 0.22% since last month climbing 2.70% above the level seen a year ago and climbing 2.85% above the peak level of employment seen in December 2007 prior to the Great Recession.

Employment Situation: Nonfarm Payrolls and Civilian Unemployment November 2014

Today's Employment Situation Report indicated that in November, net non-farm payrolls increased by a notable 321,000 jobs overall with the private non-farm payrolls sub-component adding 314,000 jobs while the civilian unemployment rate went flat at 5.8% over the same period.

Net private sector jobs increased 0.27% since last month climbing 2.30% above the level seen a year ago and climbing 2.11% above the peak level of employment seen in December 2007 prior to the Great Recession.

Employment Situation: Nonfarm Payrolls and Civilian Unemployment August 2014

Today's Employment Situation Report indicated that in August, net non-farm payrolls increased by 142,000 jobs overall with the private non-farm payrolls sub-component adding 134,000 jobs while the civilian unemployment rate declined to 6.1% over the same period.

Net private sector jobs increased 0.11% since last month climbing 2.12% above the level seen a year ago and climbing 1.34% above the peak level of employment seen in December 2007 prior to the Great Recession.

Envisioning Employment: Employment Situation June 2013

Last week’s Employment Situation Report indicated that in June, net non-farm payrolls increased by 195,000 jobs overall with the private non-farm payrolls sub-component adding 202,000 jobs while the civilian unemployment rate went flat at 7.6% over the same period.

Net private sector jobs increased 0.18% since last month climbing 2.11% above the level seen a year ago but remained 1.40% below the peak level of employment seen in December 2007.

Envisioning Employment: Employment Situation September 2011

Today’s Employment Situation Report showed that in September, net nonfarm payrolls increased slightly from August with private nonfarm payrolls adding 137,000 jobs and the unemployment rate remaining flat at 9.1% over the same period.

Net private sector jobs increased 0.13% since last month climbing 1.65% above the level seen a year ago but but remained a whopping 5.41% below the peak level of employment seen in December 2007.

Envisioning Employment: Employment Situation June 2011

Today’s Employment Situation Report showed that in June, net nonfarm payrolls increased only slightly rising just 18,000 from May while private nonfarm payrolls added a just 57,000 and the unemployment rate edged up to 9.2% over the same period.

Net private sector jobs increased just 0.05% since last month climbing 1.58% above the level seen a year ago but but remained a whopping 5.75% below the peak level of employment seen in December 2007.

Recovery-less Recovery: Unemployment Duration June 2011

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Today's employment situation report showed that conditions for the long term unemployed worsened notably in June while remaining epically distressed by historic standards.

Workers unemployed 27 weeks or more jumped to 6.28 million or 44.4% of all unemployed workers while the median number of weeks unemployed increased to 22.5 weeks and the average stay on unemployment surged to 39.9 weeks, a new high for the series.

Looking at the charts below (click for super interactive versions) you can see that today’s sorry situation far exceeds even the conditions seen during the double-dip recessionary period of the early 1980s, long considered by economists to be the worst period of unemployment since the Great Depression.

Envisioning Employment: Employment Situation May 2011

Today’s Employment Situation Report showed that in May, net nonfarm payrolls increased only slightly rising just 54,000 from April while private nonfarm payrolls added a just 83,000 and the unemployment rate edged up to 9.1% over the same period.

Net private sector jobs increased just 0.08% since last month climbing 1.61% above the level seen a year ago but but remained a whopping 5.79% below the peak level of employment seen in December 2007.

Envisioning Employment: Employment Situation January 2011

Today’s Employment Situation Report showed that in January, net nonfarm payrolls increased by just 36,000 while private nonfarm payrolls added just 50,000 as the unemployment rate declined to 9.0%.

It's important to note that with today's release and in accordance with typical policy, the BLS has revised all months of 2010 resulting in a generally weaker trend than had been previously published with eight months being revised lower.

In fact, while both January and February of 2010 were originally reported to have seen net job gains now they show notable declines.

As for January though, net private sector jobs increased 0.05% since last month remaining a whopping 6.53% below the peak level of employment seen in December 2007 though, on a year-over-year basis, private jobs showed a notable increase of 1.16%.

Full Time Workers Fully Under Pressure: January 2011

Today’s employment situation report showed that the full time unemployment rate declined to 9.7% of the civilian workforce remaining very near the highest rate seen in 41 years.

The Bureau of Labor Statistics considers full time workers to be those “who have expressed a desire to work full time (35 hours or more per week) or are on layoff from full-time jobs”.

Full time jobless workers currently account for roughly 88.5% of all unemployed workers.

Recovery-less Recovery: Unemployment Duration January 2011

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Today's employment situation report showed that conditions for the long term unemployed was mixed in January while remaining epically distressed by historic standards.

Workers unemployed 27 weeks or more declined to 6.210 million or 43.8% of all unemployed workers while the median number of weeks unemployed declined to 21.8 weeks and the average stay on unemployment jumped to 36.9 weeks, a new high for the series.

Looking at the charts below (click for super interactive versions) you can see that today’s sorry situation far exceeds even the conditions seen during the double-dip recessionary period of the early 1980s, long considered by economists to be the worst period of unemployment since the Great Depression.

On The Margin: Total Unemployment January 2011

Today’s Employment Situation report showed that in January “total unemployment” including all marginally attached workers declined to 16.1% while the traditionally reported unemployment rate declined to 9.0%.

The traditional unemployment rate is calculated from the monthly household survey results using a fairly explicit definition of “unemployed” (essentially unemployed and currently looking for full time employment) leaving many workers to be considered effectively “on the margin” either employed in part time work when full time is preferred or simply unemployed and no longer looking for work.

The Bureau of Labor Statistics considers “marginally attached” workers (including discouraged workers) and persons who have settled for part time employment to be “underutilized” labor.

The broadest view of unemployment would include both traditionally unemployed workers and all other underutilized workers.

To calculate the “total” rate of unemployment we would simply use this larger group rather than the smaller and more restrictive “unemployed” group used in the traditional unemployment rate calculation.

Envisioning Employment: Employment Situation November 2010

Today’s Employment Situation Report showed that in November, net nonfarm payrolls increased by a mere 39,000 and private nonfarm payrolls added just 75,000 while the unemployment rate inched up to 9.8%.

It's important to note that private sector job creation increased just 0.05% since last month remaining a whopping 6.31% below the peak level of employment seen in December 2007 though, on a year-over-year basis, private jobs showed a notable increase of 1.02%.

ADP National Employment Report: September 2010

Today, private staffing and business services firm ADP released the latest installment of their National Employment Report indicating that the situation for private employment in the U.S. took a turn for the worse in September as private employers shed 39,000 more jobs than they created in the month, the first monthly decline in eight months, bringing the total employment level 0.33% below the level seen in September 2009.

Goods-producing firms fared worse losing on net 45,000 jobs while service-providing firms added just 6,000 jobs nationwide.

Manufacturing firms shed 17,000 jobs and construction firms lost 28,000 while all size firms (1-49 employees, 50-499 employees and above 499 employees) saw losses on the month.

Looking at the chart (click for full-screen dynamic version) showing ADP’s total private nonfarm payrolls since 2001 as well as the year-over-year and month-to-month percent change, you can see that the so-called “recovery” has been both anemic and, as of late, actually weakening.

Perusing the rest of the data in the ADP dataset it’s obvious that our economy faces some significant headwinds coming from the job market with continually collapsing goods-producing payrolls and feeble trends service-producing payrolls.

Look for Friday’s BLS Employment Situation Report to likely show a similar weakening trend.

Envisioning Employment: Employment Situation August 2010

Today’s Employment Situation Report showed that net nonfarm payrolls declined 54,000 while private nonfarm payrolls added just 67,000 and the unemployment rate increased to 9.6%.

It's important to note that private sector jobs appear very weak increasing only .06% since last month (far slower than the rate of increase of the civilian workforce) and remaining a whopping 6.67% below the peak level of employment seen in December 2007 though, on a year-over-year basis, private jobs showed the first increase in 29 consecutive months.

Envisioning Employment: Employment Situation July 2010

Today’s Employment Situation Report showed that net nonfarm payrolls declined 131,000 while private nonfarm payrolls only added a mere 71,000 and the unemployment rate stayed flat at 9.5%.

It's important to note that private sector jobs appear very weak increasing only .07% since last month and remaining 0.04% below the level seen last year and a whopping 6.78% below the peak level of employment seen in December 2007.

Envisioning Employment: Employment Situation June 2010

Today’s Employment Situation Report showed that net nonfarm payrolls declined 125,000 while private nonfarm payrolls only added a mere 83,000 and the unemployment rate declined slightly to 9.5%.

It's important to note that private sector jobs appear very weak increasing only .08% since last month and remaining 0.35% below the level seen last year and a whopping 6.81% below the peak level of employment seen in December 2007.

Envisioning Employment: Employment Situation April 2010

Today’s Employment Situation Report showed somewhat mixed results with net nonfarm payrolls increasing 290,000 since March (including notable upward revisions to prior months) while the unemployment rate increased to 9.9%.

Further, it's important to note that both the larger U6 total unemployment rate and the unemployment rate of full-time workers increased notably while the long term unemployed measures continued to worsen significantly.

Also, its important to consider that nonfarm payrolls are still 1.05% below the level seen in April 2009 and some 5.65% below the peak level seen in December of 2007.