Non Farm Payrolls Advance by 20K Jobs for (Feb 2019)

 United States Non-farm payrolls only increased by 20,000 new jobs in the month of February 2019. Todays NFP report, failed  to meet experts predicted  forecast for the month of February 2019 of 181,000 Jobs.  The Month of January 2019 NFP Jobs report was revised up from 304,000 to +311,00 new jobs added to the U.S. Economy. .

The average hourly earnings of private-sector production and nonsupervisory employees on private nonfarm payrolls fell by 0.2 hour to 33.6 hours, reported by the United States Labor Department.

Private Non Farm Payrolls increased to 25,000 jobs for the month of February 2019, not meeting expected economist forecast of 170,000 jobs.

• Unemployment decreased 0.2% to 3.8% for  month of February 2019, and the number of unemployed decreased to 330,000 to 6.2 million. people compared to the month of December 2018.    The 0.2% down tick in the unemployment rate was partial due to the furloughed workers from the government shut down in January returning back to work in February.
• Among the unemployed the number included on temporarily layoff (including temporary people on temporary layoff ) decreased 225,000 according to the Household survey data report.  These figures include the return of federal furloughed in January due to the partial government shut down. 
• Health Care added a robust 21,000 jobs in the month of February and  361,00 jobs over the year.  

• According to the Bureau of Labor Statistics employment in construction decreased by 31,000 in the month of February, despite  increasing by 53,000 jobs in the month of January.  ADP National employment report: Private sector  increased  180,00 jobs for the month of February 2019. 
• The ADP National employment  is comprised of  all U.S.  private sector Small,  Medium, and Large Businesses: (Goods producing, Service providing, Franchise Employment .    ADP National employment report was revised up for the month of January 213,000 to 300,000 jobs.  
• Small Business report increased to 63,000 new jobs added to the U.S. Jobs market for the month of (Jan) 2019 
• Nonfarm Payrolls measures the change in the number of people employed during the previous month, excluding the farming industry.  Job creation is the foremost indicator of consumer spending, which accounts for the majority of economic activity. 

• Revisions: employment for November was revised up from +176,000 to +196,00, and the change for December was revised up from +222.000 to  +227,000.  With these revisions, employment gain in November and December were combined 70,000 less than previously reported.