Posted February 13, 2017

U.S. payrolls add 227,000 jobs in January 2017

Construction industry added 36,000 jobs in January 2017.

The Bureau of Labor Statistics, U.S. Department of Labor, reports that in January 2017, total nonfarm payroll employment increased by 227,000. Over the prior 12 months, total nonfarm employment rose an average of 187,000 jobs per month.

From December 2016 to January 2017, employment increased in retail trade (+45,900), construction (+36,000), and financial activities (+32,000).

From December 2016 to January 2017, within retail trade, three industries added jobs: clothing and clothing accessories stores (+18,000), electronics and appliance stores (+8,000), and furniture and home furnishings (+6,000). Over the year, employment in retail trade increased by 229,000.

Construction jobs

Employment in construction rose by 36,000 in January 2017, following little change in December 2016. Over the prior 12 months, construction added an average of 12,000 jobs per month. 

In January, residential building added 9,000 jobs over the month, and employment continued to trend up among residential specialty trade contractors (+11,000). Over the past 12 months, construction added 170,000 jobs.

In January, financial activities added 32,000 jobs, with gains in real estate (+10,000), insurance carriers and related activities (+9,000), and credit intermediation and related activities (+9,000). Financial activities added an average of 15,000 jobs per month in 2016.

Employment in other major industries, including mining and logging, manufacturing, wholesale trade, transportation and warehousing, information, and government, showed little change over the month.