December 2011
The unemployment rate fell to 8.5% in December. Employment in manufacturing increased by 23,000 over the month.
Average hourly earnings in the U.S. for all employees in the private sector was unchanged in December, and there was a 1.6% improvement over wages from one year ago.
EMPLOYMENT (IN THOUSANDS):
Industry |
This Month (December) |
Last Month (November) |
% Change |
Total Private Sector |
109,928 |
109,716 |
0.2% |
Manufacturing |
11,790 |
11,767 |
0.2% |
Transportation/Warehousing |
4,335 |
4,285 |
1.2% |
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 |
$19.54 |
$19.23 |
1.6% |
Manufacturing |
$19.05 |
$18.80 |
1.3% |
Transportation/Warehousing |
$19.48 |
$19.28 |
1.0% |
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 |
331,000 |
335,700 |
-4,700 |
-1.4% |
Fabricated Metal Products |
1,376,500 |
1,316,100 |
60,400 |
4.4% |
Machinery |
1,073,200 |
1,013,600 |
59,600 |
5.6% |
Transportation Equipment |
1,419,500 |
1,340,500 |
79,000 |
5.6% |
Motor Vehicle & Parts Dealers |
1,689,200 |
1,638,200 |
51,000 |
3.0% |
Automobile Dealers |
1,054,400 |
1,019,300 |
35,100 |
3.3% |
Repair/Service |
1,154,100 |
1,134,400 |
19,700 |
1.7% |
Air Transportation |
471,100 |
467,000 |
4,100 |
0.9% |
Source: U.S. Department of Labor, Bureau of Labor Statistics, The Employment Situation. (Data are not Seasonally Adjusted.)
1/20/2012
