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Employmenty


Employmenty


Construction employment was flat in November. Job gains in general build-

ing contractors were offset by losses in heavy construction. Construction

industry employment has shown no net growth since spring of this year.

Employment in the services industry rose by 50,000 in November. Health

services added 27,000 jobs, with hospitals accounting for about half of

this increase. Over the past 12 months, employment in the health services

industry has risen by 278,000. In November, employment also rose in several

other services industries, including engineering and management, agricultural

services, and auto repair and parking services. Employment in help supply

services decreased by 23,000 in November; this followed declines that totaled



65,000 in the prior 2 months. The industry had added 167,000 jobs from Feb-

In finance, employment continued to increase in mortgage brokerages

(5,000) as refinancing activity maintained a healthy pace. Employment

in mortgage brokerages has grown by 106,000 since its low point in

Weekly Hours (Establishment Survey Data)

The average workweek for production or nonsupervisory workers on private

nonfarm payrolls was unchanged in November at 34.2 hours, seasonally adjusted.

The manufacturing workweek and factory overtime also were unchanged at 40.7

hours and 4.1 hours, respectively. (See table B-2.)

The index of aggregate weekly hours of production or nonsupervisory workers

on private nonfarm payrolls was unchanged in November at 148.1 (1982=100),

seasonally adjusted. The manufacturing index was down by 0.4 percent over

the month to 91.0. (See table B-5.)

Hourly and Weekly Earnings (Establishment Survey Data)

Average hourly earnings of production or nonsupervisory workers on

private nonfarm payrolls increased by 4 cents in November to $14.93,

seasonally adjusted, following a similar increase (as revised) in October.

Average weekly earnings rose by 0.3 percent over the month to $510.61.

Over the year, average hourly earnings were up by 2.9 percent and average

weekly earnings rose by 3.2 percent. (See table B-3.)




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