January 2010
The unemployment rate fell from 10.0% to 9.7% in January. Employment in manufacturing increased by 11,000 over the month.
Average hourly earnings in the U.S. for all employees in the private sector rose by 0.2% in January, and there was a 2.0% improvement over wages from one year ago. With the softened labor market, workers share lost bargaining power since the Clinton-era economic expansion.
EMPLOYMENT (IN THOUSANDS): |
||||
|
Industry |
This Month (January) |
Last Month (December) |
% Change |
|
|
Total Private Sector |
107,055 |
107,067 |
0.0% |
|
|
Manufacturing |
11,540 |
11,529 |
0.1% |
|
|
Transportation/Warehousing |
4,136 |
4,155 |
-0.5% |
|
|
Source: U.S. Department of Labor, Bureau of Labor Statistics, The Employment Situation. (Data are Seasonally Adjusted.) |
||||
AVERAGE HOURLY EARNINGS: |
||||
|
Industry |
This Month |
Last Year |
% Change |
|
|
Total Private Sector |
$18.89 |
$18.43 |
2.4% |
|
|
Manufacturing |
$18.42 |
$18.01 |
2.2% |
|
|
Transportation/Warehousing |
$19.05 |
$18.72 |
1.7% |
|
|
Source: U.S. Department of Labor, Bureau of Labor Statistics, The Employment Situation. (Data are not Seasonally Adjusted.) |
||||
EMPLOYMENT IN IAM INDUSTRIES: |
||||
|
Industry |
Employment This Month |
Employment Last Year |
Change |
% Change |
Manufacturing |
||||
|
Wood Products |
338,100 |
383,800 |
-45,700 |
-13.5% |
|
Fabricated Metal Products |
1,267,300 |
1,417,400 |
-150,100 |
-11.8% |
|
Machinery |
972,800 |
1,129,000 |
-156,200 |
-16.1% |
|
Transportation Equipment |
1,322,500 |
1,402,900 |
-80,400 |
-6.1% |
|
Motor Vehicle & Parts Dealers |
1,590,400 |
1,659,500 |
-69,100 |
-4.3% |
|
Automobile Dealers |
998,600 |
1,046,100 |
-47,500 |
-4.8% |
|
Repair/Service |
1,125,300 |
1,165,600 |
-40,300 |
-3.6% |
|
Air Transportation |
452,200 |
467,300 |
-15,100 |
-3.3% |
|
Source: U.S. Department of Labor, Bureau of Labor Statistics, The Employment Situation. (Data are not Seasonally Adjusted.) |
||||
2/24/2010 |
||||
