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Finans

USA: Større lønstigninger øger mulighed for rentestigninger

Morten W. Langer

fredag 02. februar 2018 kl. 14:46

Fra Bureau of Labor Statistics 


In January, average hourly earnings for all employees on private nonfarm payrolls rose
by 9 cents to $26.74, following an 11-cent gain in December. Over the year, average
hourly earnings have risen by 75 cents, or 2.9 percent. Average hourly earnings of
private-sector production and nonsupervisory employees increased by 3 cents to $22.34
in January. (See tables B-3 and B-8.)

Establishment Survey Data

Total nonfarm payroll employment rose by 200,000 in January. Employment continued to trend
up in construction, food services and drinking places, health care, and manufacturing.
(See table B-1. For information about the annual benchmark process, see the note and
table A.)

Construction added 36,000 jobs in January, with most of the increase occurring among
specialty trade contractors (+26,000). Employment in residential building construction
continued to trend up over the month (+5,000). Over the year, construction employment
has increased by 226,000.

Employment in food services and drinking places continued to trend up in January
(+31,000). The industry has added 255,000 jobs over the past 12 months.

Employment in health care continued to trend up in January (+21,000), with a gain of
13,000 in hospitals. In 2017, health care added an average of 24,000 jobs per month.

In January, employment in manufacturing remained on an upward trend (+15,000). Durable
goods industries added 18,000 jobs. Manufacturing has added 186,000 jobs over the past
12 months.

Employment in other major industries, including mining, wholesale trade, retail trade,
transportation and warehousing, information, financial activities, professional and
business services, and government, changed little over the month.

The average workweek for all employees on private nonfarm payrolls declined by 0.2 hour
to 34.3 hours in January. In manufacturing, the workweek declined by 0.2 hour to 40.6
hours, while overtime remained at 3.5 hours. The average workweek for production and
nonsupervisory employees on private nonfarm payrolls edged down by 0.1 hour to 33.6
hours. (See tables B-2 and B-7.)

In January, average hourly earnings for all employees on private nonfarm payrolls rose
by 9 cents to $26.74, following an 11-cent gain in December. Over the year, average
hourly earnings have risen by 75 cents, or 2.9 percent. Average hourly earnings of
private-sector production and nonsupervisory employees increased by 3 cents to $22.34
in January. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for November was revised down from
+252,000 to +216,000, and the change for December was revised up from +148,000 to
+160,000. With these revisions, employment gains in November and December combined
were 24,000 less than previously reported. (Monthly revisions result from additional
reports received from businesses and government agencies since the last published
estimates and from the recalculation of seasonal factors. The annual benchmark process
also contributed to the November and December revisions.) After revisions, job gains
have averaged 192,000 over the last 3 months.
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