How many jobs were created in 2017

Figure 6 shows the annual employment change for durable and nondurable goods over the past 5 years. Employment in durable goods manufacturing increased by , in , after changing little over the previous 2 years. In contrast, employment in motor vehicles and parts manufacturing remained unchanged in , after experiencing growth in each year since Employment in nondurable goods manufacturing grew by 77, in , more than in The majority of the job growth for the past 3 years occurred in food manufacturing, which added 51, jobs in , slightly more than in each of the previous 2 years.

Employment in construction grew by ,, or 3. The majority of the job growth occurred in specialty trade contractors, which added , jobs, slightly more than in Among the specialty trades, nonresidential specialty contractors added 87, jobs, while residential specialty contractors gained 74, jobs. In contrast, in , employment growth for residential specialty contractors was nearly double that for nonresidential contractors.

Among all construction industries, employment in nonresidential and heavy construction industries grew by , in , versus 74, in , while all residential construction gained , jobs in , compared with , in the previous year.

Employment in mining and logging grew by 52, in , rebounding from 2 years of job losses totaling , Within the sector, mining employment had reached a trough in October , after declining by , since September The employment rebound in support activities for mining coincided with a turnaround in oil prices during See figure 7.

Employment in service-providing industries rose by 1. This increase was nearly , jobs less than in , as growth slowed in most service-providing sectors. Employment in education and health services increased by ,, or 2. In , most of the job gains—, jobs, or 2. Health care gained , jobs, while social assistance gained 97,, with each of these increases representing about three-fourths of those in The deceleration in health-care employment coincided with health-care consumption expenditures slowing to 2.

See table 1. Employment in private education grew by 77, in , below the , increase in Employment in professional and business services increased by ,, or 2. Employment in professional and technical services grew by , over the year, about the same as in Employment in leisure and hospitality increased by ,, or 2.

This was the weakest calendar-year employment increase since , when the industry gained , jobs. The deceleration in job growth over the past year occurred largely in food services and drinking places, with an increase of , in versus , in Arts, entertainment, and recreation added 63, jobs in , compared with 88, jobs in the previous year.

Employment in financial activities grew by ,, or 1. Most of the employment weakness occurred in credit intermediation and related activities, which added 25, jobs in , compared with 52, in the previous year. Real estate and rental and leasing employment grew by 60, in , or 2. For couriers and messengers, the employment increase exceeded the gains in the previous 2 years. Warehousing employment growth in was half that in , and was the primary cause of job weakness in all of transportation and warehousing.

The job gain in personal and laundry services was the largest annual increase in the history of the series, which dates back to For membership associations and organizations, the increase was the largest annual gain since Employment in wholesale trade increased by 68, in , about triple the change during The job growth in durable goods wholesalers coincided with job growth in durable goods manufacturing. See figure 8.

Among general merchandise stores, department stores shed 44, jobs in , continuing a downward trend in which , jobs had been lost since January Employment in general merchandise stores, including warehouse clubs and supercenters, was essentially flat over the year.

Employment in information edged down by 36, in , after experiencing little change over the previous 3 years. Most of this decline occurred in telecommunications, which shed 26, jobs and continued a 4-year trend in which the industry had lost 83, jobs.

In , job growth averaged , per month, slightly lower than the average monthly gain of , in In the last release of EPFO, The employment statistics number for the 19 month period September to March as per the latest disclosure has been revised by 6. The retirement fund body has been releasing payroll data from April , covering the period starting from September The estimates may include temporary employees whose contributions may not be continuous for the entire year.

Members' data are linked to unique Aadhaar identity, it added. The EPFO manages social security funds of workers in the organised or semi-organised sector in India and has more than 6 crore active members with at least one-month contribution during the year. Sign In. EPFO has declared net additional employment at However, it has revised downwards the previous 19 month Sep to Mar job creation numbers by 6.

Latest Must Read Markets. Many of those jobs were in construction. That successfully reduced the unemployment rate.

Job creation would have been stronger during Obama's term if Congress hadn't passed sequestration. In the prior recovery from the recession, the economy added , jobs during the same period.

President Johnson added 8. That increased the debt by By the time he left office, the economy was growing a robust 4. President Truman added almost 7 million jobs. President Bush created 5. He struggled with two recessions. He lost 3 million jobs in , his last year in office. The job gains occurred before that, as he recovered from the recession. He responded to it with stimulus checks and the Bush tax cuts.

He was helped by low-interest rates from the Fed's expansive monetary policy. President Eisenhower added 4. He increased the debt by 8.

The end of the Korean War caused the recession, and higher interest rates caused the recession. Part of Eisenhower's success with job creation was due to his creation of the Interstate Highway System. A president's record at job creation depends somewhat on the business cycle.

They started with a low base and so had nowhere to go but up. Those who were in office when recessions started did worse but Nixon and Bush were outliers. Presidents have many tools to create jobs. The most important tools are expansive fiscal policy, especially deficit spending. Government spending can employ people directly and through contracting. That will encourage the private sector to hire through greater demand from consumers.

But all presidents must have Congressional budget approval before they can increase spending or cut taxes. A president does have one unique tool. He can inspire confidence through a compelling vision. A president who can articulate a message that reverses doubt and pessimism may be more successful in creating jobs. Between and , they are taken from a special BLS survey. Both surveys count the total number of people employed. That includes paid employees, self-employed people, private household workers, farm-workers, and temporarily unpaid leave workers.

The number of jobs added during each president's term was calculated by subtracting the total number of jobs when he entered office from the number of jobs when he left office. The number is taken from the household survey data for December of the prior year.

The Bureau of Labor Statistics publishes two employment statistics for each month, taken from two different sources. The household survey measures number of people employed. The non-farm payroll report measures the number of jobs created by businesses. This number does not include the self-employed, private household employees, farm-workers, or temporarily unpaid leave workers.

An individual with two jobs is counted twice by the payroll survey. Bureau of Labor Statistics. Accessed Feb. The White House. Tax Policy Center. National Center for Biotechnology Information.

Federal Reserve History. City Average, All Items. Federal Reserve Bank of St. Employment From the — Recession Through