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To: The Wharf who wrote (132)	2/4/2012 5:38:28 PM
From: The Wharf	Respond to of 594

tal nonfarm payroll employment rose by 243,000 in January, and the unemployment rate decreased to 8.3 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread in the private sector, with large employment gains in professional and business services, leisure and hospitality, and manufacturing. Government employment changed little over the month. After accounting for the annual adjustments to the population controls, the employment-population ratio (58.5 percent) rose in January, while the civilian labor force participation rate held at 63.7 percent The number of persons employed part time for economic reasons, at 8.2 million, changed little in January. In January, 2.8 million persons were marginally attached to the labor force, essentially unchanged from a year earlier. (The data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. (See table A-16.) Among the marginally attached, there were 1.1 million discouraged workers in January, little different from a year earlier. (The data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.7 million persons marginally attached to the labor force in January had not searched for work in the 4 weeks preceding the survey for reasons such as school attendance or family responsibilities. (See table A-16.) Total nonfarm payroll employment rose by 243,000 in January. Private- sector employment grew by 257,000, with the largest employment gains in professional and business services, leisure and hospitality, and manufacturing. Government employment was little changed over the month. (See table B-1.) The total nonfarm employment level for March 2011 was revised upward by 165,000 (162,000 on a not seasonally adjusted basis). The previously published level for December 2011 was revised upward by 266,000 (231,000 on a not seasonally adjusted basis). An article that discusses the benchmark and post-benchmark revisions, the change to NAICS 2012, and the other technical issues, as well as all revised historical Current Employment Statistics (CES) data, can be accessed through the CES homepage at www.bls.gov/ces/. Information on the revisions released today also may be obtained by calling (202 The adjustment increased the estimated size of the civilian noninstitutional population in December by 1,510,000, the civilian labor force by 258,000, employment by 216,000, unemployment by 42,000, and persons not in the labor force by 1,252,000. Although the total unemployment rate was unaffected, the labor force participation rate and the employment-population ratio were each reduced by 0.3 percentage point. This was because the population increase was primarily among persons 55 and older and, to a lesser degree, persons 16 to 24 years of age. Both these age groups have lower levels of labor force participation than the general population.

To: The Wharf who wrote (132)	2/4/2012 5:38:29 PM
From: The Wharf	Read Replies (1) \| Respond to of 594

tal nonfarm payroll employment rose by 243,000 in January, and the unemployment rate decreased to 8.3 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread in the private sector, with large employment gains in professional and business services, leisure and hospitality, and manufacturing. Government employment changed little over the month. After accounting for the annual adjustments to the population controls, the employment-population ratio (58.5 percent) rose in January, while the civilian labor force participation rate held at 63.7 percent The number of persons employed part time for economic reasons, at 8.2 million, changed little in January. In January, 2.8 million persons were marginally attached to the labor force, essentially unchanged from a year earlier. (The data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. (See table A-16.) Among the marginally attached, there were 1.1 million discouraged workers in January, little different from a year earlier. (The data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.7 million persons marginally attached to the labor force in January had not searched for work in the 4 weeks preceding the survey for reasons such as school attendance or family responsibilities. (See table A-16.) Total nonfarm payroll employment rose by 243,000 in January. Private- sector employment grew by 257,000, with the largest employment gains in professional and business services, leisure and hospitality, and manufacturing. Government employment was little changed over the month. (See table B-1.) The total nonfarm employment level for March 2011 was revised upward by 165,000 (162,000 on a not seasonally adjusted basis). The previously published level for December 2011 was revised upward by 266,000 (231,000 on a not seasonally adjusted basis). An article that discusses the benchmark and post-benchmark revisions, the change to NAICS 2012, and the other technical issues, as well as all revised historical Current Employment Statistics (CES) data, can be accessed through the CES homepage at www.bls.gov/ces/. Information on the revisions released today also may be obtained by calling (202 The adjustment increased the estimated size of the civilian noninstitutional population in December by 1,510,000, the civilian labor force by 258,000, employment by 216,000, unemployment by 42,000, and persons not in the labor force by 1,252,000. Although the total unemployment rate was unaffected, the labor force participation rate and the employment-population ratio were each reduced by 0.3 percentage point. This was because the population increase was primarily among persons 55 and older and, to a lesser degree, persons 16 to 24 years of age. Both these age groups have lower levels of labor force participation than the general population.