美国1月非农报告全文

Core Viewpoint - The U.S. labor market showed modest growth in January, with non-farm employment increasing by 130,000 jobs and the unemployment rate remaining stable at 4.3% [1][13]. Group 1: Employment Data - In January, the unemployment rate was 4.3%, with 7.4 million unemployed individuals, both figures higher than a year ago when the unemployment rate was 4.0% and the number of unemployed was 6.9 million [2][14]. - The youth unemployment rate decreased to 13.6%, while adult male and female unemployment rates remained stable at 3.8% and 4.0%, respectively [2][14]. - The labor force participation rate was 62.5%, and the employment-population ratio was 59.8%, both showing little change [2][14]. - The number of long-term unemployed (27 weeks or more) was stable at 1.8 million, but this was an increase of 386,000 from the previous year [2][14]. Group 2: Sector-Specific Employment Changes - The healthcare sector added 82,000 jobs in January, with outpatient care services contributing 50,000 jobs, hospitals adding 18,000, and nursing and residential care facilities increasing by 13,000 [4][16]. - The social assistance sector saw an increase of 42,000 jobs, primarily in personal and family services, which added 38,000 jobs [5][17]. - The construction sector added 33,000 jobs, mainly in non-residential specialty trade contractors, which increased by 25,000 jobs [5][17]. - Federal government employment decreased by 34,000 jobs, attributed to employees leaving under a delayed retirement program, with a total decline of 327,000 jobs since October 2024 [5][17]. - The financial activities sector lost 22,000 jobs, with a total decline of 49,000 jobs since May 2025 [5][17]. Group 3: Wage and Hour Data - Average hourly earnings for all private non-farm employees rose by $0.15 (0.4%) to $37.17, with a year-over-year increase of 3.7% [6][18]. - Average weekly hours for private non-farm employees increased by 0.1 hours to 34.3 hours [6][18]. - The average hourly wage for production and non-supervisory employees rose by $0.12 (0.4%) to $31.95 [6][18]. Group 4: Data Revisions and Adjustments - The non-farm employment total for March 2025 was revised down by 898,000, reflecting a 0.5% decrease in non-seasonally adjusted figures [7][19]. - The change in non-farm employment for 2025 was revised from an increase of 584,000 to 181,000 [8][20]. - The severe winter storm in January 2025 did not have a discernible impact on employment data, although it affected the response rate for household surveys [10][22].