Select Observations from July 2013 Unemployment Report

Three observations from the July 2013 Unemployment Report, released this morning from the Bureau of Labor and Statistics.

  • Of the 266,000 jobs created (note, this number is higher than the headline number due to June 2013 revisions) 35% were full-time jobs.  This represents an increase in full time jobs of 0.08% and an increase in part time jobs of 0.62%.
Apr-13 May-13 Jun-13 Jul-13
 Full-time workers(1)  116,053,000  116,238,000  115,998,000  116,090,000
 Part-time workers(2)  27,549,000  27,699,000  28,059,000  28,233,000
Total  143,602,000  143,937,000  144,057,000  144,323,000
  • “Permanent Job Losers” fell to its lowest level in the past six months.
Mar-13 Apr-13 May-13 Jun-13 Jul-13
Permanent Job Losers 3,959 3,976 3,822 3,700 3,589
  • Wages in 17 of 19 sectors are higher than they were in July 0f 2012.
Jul-12 Jul-13 Difference Percent Change
Financial activities 835.21 877.46 $42.25 5.1%
Wholesale trade 857.69 873.9 $16.21 1.9%
Construction 939.18 956.63 $17.45 1.9%
Information 968.03 985.68 $17.65 1.8%
Professional and business services 819.31 833.18 $13.87 1.7%
Private service-providing 632.45 643.09 $10.64 1.7%
Total private $666.25 $676.70 $10.45 1.6%
Education and health services 678.78 689.19 $10.41 1.5%
Nondurable goods 710.94 721.51 $10.57 1.5%
Transportation and warehousing 742.08 752.6 $10.52 1.4%
Other services 540.32 547.7 $7.38 1.4%
Goods-producing 861.87 873.38 $11.51 1.3%
Leisure and hospitality 289.84 292.82 $2.98 1.0%
Manufacturing 796.89 803.98 $7.09 0.9%
Durable goods 850 856.8 $6.80 0.8%
Mining and logging 1,216.33 1,224.76 $8.43 0.7%
Trade, transportation, and utilities 588.4 591.95 $3.55 0.6%
Retail trade 420.43 419.1 ($1.33) -0.3%
Utilities 1,322.01 1,312.89 ($9.12) -0.7%

Source: BLS

+ posts

Joseph Colangelo is Executive Director of Consumers' Research, the nation's oldest consumer-focused organization. Joseph grew up in Northern New Jersey and attended U.C. Berkeley on a Naval ROTC scholarship where he graduated with a Bachelor’s of Arts with a concentration in Political Science.

Share

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on email
Email

Subscribe to get the latest consumer news

More consumer News