FileUnemployment

The Employment Situation in the United States – January 2018

Updated : March 7th, 2018

The Employment situation is a monthly report provided by the US Bureau of Labour statistics. The report mainly consists of data which involves the unemployment rates in the country. This unemployment rate research takes into account all factors such as unemployment in the terms of ethnicity, race, gender, age and industry.  The report also examines the improvement/decline in wage among companies. While the report does provide the data, here are the important highlights simplified to make it easier to understand for the common reader.

 

Current Unemployment Rates

The employment situation in the United States remains unchanged for the fourth consecutive month at 4.1 %. In terms of the number of people, that too remains relatively unchanged with 6.7 million people unemployed.

When it comes to the major working groups, the black community had a rise in unemployment to about 7.7% while unemployment among the whites decreased to 3.5%. The jobless rates remained similar to that of last month with adult men (3.9%), adult women (3.6%), teenagers (13.9%), Asians (3.0%) and Hispanics (5.0%).

In terms of long-term unemployed i.e people who haven’t been employed for 27 weeks or longer. it was changed to 1.4 million and accounts for 21.5% of the overall unemployed.

However, persons employed on a part-time basis for economical purposes remained at 5 million, which was the same in January 2018. These individuals would prefer to work in full-time jobs but were given only the options to work part time or full time with major cutbacks to hours.

200,000 jobs were created in the month of January for Non-Farm employment. Employment continued to rise in food services and drinking places, healthcare, construction, and manufacturing.

Construction had increased their tally of jobs by 36,000 jobs in January. Most of this boost in jobs comes from Specialty trade contractors (+26,000) while employment in the residential building construction rose by 5000. Over the year, the construction sector has set about the creation of 226,000 jobs.

Employment in the food services and drinking places sector rose by 31,000 in the month of January. Over the past twelve months, the industry managed to provide 255,000 jobs.

The Healthcare industry continued to rise in terms of job creation in the month of January with 21000 jobs. 13,000 of which were jobs created in hospitals. Healthcare added in an average of 24,000 jobs this past month.

Employment in the manufacturing sector continues to be on an upswing with +15,000 jobs. The durable goods industry has also been on the rise with an increment of 18000 jobs. Manufacturing overall has brought in 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.

Increase in Wage Rates

Industries in the US brought in 200,000 jobs which were more than the 180,000 jobs that were predicted. An example of this is the rise in hourly wages by 2.9% yearly in comparison to January of last year. In terms of monthly raises, it has increased by a good 0.3%. This means that the promised growth and recovery from the recession periods are finally starting to show in American wage pockets.

Many employers believe that since most of their competitors are providing equivalent wages, employees are leaving their jobs in order to gain more convenience. This has to lead to employers in the US to not only increase hourly wage rates but to improve the quality of the job. Employers intend to curb their attrition by giving employees more valued work and training in multiple skill sets.

According to the NY Times, it’s to be believed that unemployed people with a criminal background will not find it extremely difficult to gain employment. This acceptance of unemployed persons with criminal history mostly pertains to fast food restaurant chains, megastores, etc., where the skill requirement is very low.

While the unemployment rate remains at 4.1% for the past four months, it isn’t a bad phase. This is because the current unemployment rate is at an all-time low. The last time unemployment rates were low was over a decade ago in 2007. Since then, Unemployment rates have climbed dangerously and then slowly trickled down to the rate it currently is.

According to the New York Times, the new tax reform legislation pitched by Congress and signed by U.S President Donald Trump has encouraged employers and companies to increase wages of their employees and also provide them with bonuses. It is believed that not much can be predicted over the long-term consequences of the recent US tax reforms but for the moment, the employees have everything to gain.

 

  1. Are you able to receive unemployment in the state of Ga if you receive lump sum severance (which was the same pay as a 2 week regular paycheck)

    1. Sid,

      The E.U.C(Emergency Unemployment Compensation) remains expired. There is no extension available. Please inquire further with the labor authorities in your state by calling them.

    1. Jose,

      We’re not a scam or a fraud website:) fileunemployment.org has been around for more than 10 years and we’re one of the leading forums for unemployment insurance and unemployment in general. Our daily visitor and patron base is of considerable size and we truly believe in being a center for jobless workers to access resources and share their queries.

      1. I’m confused the article is about extending unemployment benefits in Texas but there hasn’t been any approved Emergency extensions since 2013. Can you clarify this.

        1. Glo,

          The E.U.C(Emergency Unemployment Compensation) remains expired. There is no extension available. Please inquire further with the labor authorities in your state by calling them.

  2. I’m attemptiing to file my first weekly claim since my layoff, however, my PIN# is not correct. what do I do to get my correct PIN# , please?

  3. I have exhausted my unemployment benefits in Texas but my calendar year does not end until September. Do I have to wait until the calendar year is over in Texas, to apply for unemployment benefits in New York in which I have available quarters?

    1. Mattie,

      As much as I am aware, UI benefits are only a one-time cycle. Please call the Claims Center for clarification.

  4. Help ran out of unemployment benefits for the pass 8 years i have worked at Hexion speciality chemical plant in Brady Texas how can i get my benefits extended

    1. Roderick,

      The E.U.C(Emergency Unemployment Compensation) remains expired. There is no extension available. Please inquire further with the labor authorities in your state by calling them.

    1. Annette,

      You can visit the official website of the Unemployment Office and ‘login’ to check the claim status. Alternatively, you can also call the Claims Center.

      PS: It should not take 6 weeks to process the initial claim. Please chase at regular intervals.

    1. Jocelyn,

      Unemployment is offered to claimants who’re able and available for work. Please call the Unemployment Office to ascertain if you can apply.

  5. I have been working for the same company for the past 11 years. I started out cleaning apartments, then landscaping and finally Asst. Manager for the past seven years. However, the owner/ manager had us all sign papers claiming we were “Independent Contractors.” I worked Monday thru Friday from 8am – 5pm the entire 11 years. Obviously, in reality, we had Never been “Independent Contractors.”
    Finally, October 2018 we became employee’s. On May 10, 2019 he sold the business which puts us all out of work. I tried filing for unemployment, but, I don’t have enough quarters in. Assuming I’m still out of work, can I wait for the next quarter to end, thus giving me the 2 quarters I need or will it not make a difference.

    1. Lea,

      Why don’t you look at alternate based period? Please use the link below to access the Base Period calculator.

  6. I have been working as an hourly employee for the last 4 months. Currently the board of the nonprofit agency came to me and told me that I had to file a 1099 or go to part time or find a new job. I have a scheduled time that I report to work. What are the laws here in Florida about who can receive a 1099

  7. I am unemployed and currently going to a community college. How can I apply for federal assistance?

    1. Carol,

      If you’re able and available for full-time employment, you can directly go to the website of the Unemployment Office and apply.

  8. I have worked in AZ since March 2016. However, I moved lived and worked for my employer in CA since 08/02/1982. Can I apply for Cali unemployment benefits?

    1. Robert,

      You should be applying from the state where your employment was based. Employers generally remit unemployment taxes to the state where the employee is based.

      1. How long does it take Washington state unemployment to deposit your back pay after they receive the determination letter from OAH stating I won my appeal?

  9. I have been trying for over a month to file and I still do not seem to be able to do it, but I finally got to the correct place, I think.

  10. Cumberland NJ Unemployment Center kept me on hold for 2 hours; I finally had someone answer my call, after providing my information and question regarding the status of my NJ Unemployment Claim the representative disconnected my call.

  11. Excellent list of things to help execute better. Even taking 3 or 4 of these that one does not currently utilize could help immensely.

    1. How did you calculate the total weekly Illinois benefit of $1495? Also, why isn’t Washington and Minnesota listed in your top 5 states with the highest paid unemployment insurance compensation?

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