PRZOOM - /newswire/ -
Washington, DC, United States, 2005/12/02 - Unemployment rate steady at 5.0 percent. Nonfarm payroll employment grew by 215,000 in November..
U.S. EMPLOYMENT SITUATION: November 2005
Bureau of Labor Statistics of the U.S. Department of Labor reported today that over the month, job growth was widespread, with large gains in construction and food services
Total nonfarm payroll employment rose by 215,000 to 134.3 million in November. This followed 2 months of little growth in employment, due in part to the direct and indirect effects of hurricanes that struck the Gulf Coast. During the first 8 months of the year, payroll employment grew by an average of 196,000 per month. In November, gains were widespread with notable increases in construction, professional and technical services, health care, and food services and drinking places.
• Construction employment rose by 37,000, with a large increaseoccurring in heavy and civil engineering construction (14,000).
November jobgains in construction partly reflect rebuilding and clean-up efforts following Hurricane Katrina. Employment in the industry has been on an upward trend for more than 2-1/2 years.
• Professional and technical services employment increased by 22,000 in November.
Within this sector, architectural and engineering services and management and technical consulting services each added about 6,000 jobs. Over the last 12 months, professional and technical services has added 210,000 jobs.
• Employment in financial activities continued its upward trend, as credit intermediation added 5,000 jobs. Wholesale trade employment also continued to trend up, with most of the over-the-month gain occurring in the industry's durable goods component. Retail trade employment was about unchanged over the month. Within the industry, employment in automobile dealerships declined for the second consecutive month, falling by 6,000 in November. Building material and garden supply stores added 6,000 jobs over the month.
• Health care employment continued to grow in November, increasing by 20,000. Ambulatory health care services, which includes doctors' offices and outpatient clinics, added 15,000 jobs. Health care has added 263,000 jobs since November 2004. Source DOL.
Source: Labor Force Statistics