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(See table 1.) Nonfarm payroll employment rose from 27.1 million in 1919 to 143.1 million in December 2015, with growth averaging 1.7 percent per year.
However, annual job growth has fluctuated over the period.
From December 1945 through December 1972, manufacturing fell from 38 percent to 16 percent of job growth, while private service-providing industries expanded from 40 percent to 56 percent of overall growth.
Over the next 7 years, through December 1979, employment grew at a 2.7-percent annualized rate.
The analysis in this article focuses on longrun employment trends dating as far back as 1939; for employment series with later start dates, shorter periods of time are analyzed.
Changes in employment for major industry sectors from January 1939 through December 2015 are discussed, and major historical events or other dynamics within the economy causing changes in employment trends are highlighted.
This section examines selected sectors during this period.
Employment in the mining and logging sector declined by an annualized rate of 0.2 percent, but the industry has experienced strong trend changes.
Employment in one sector has shown a net decline over this period, while employment in other sectors has grown much faster than total nonfarm employment.
For example, employment fell by a series low of 11.3 percent in 1932 and rose by 12.9 percent in 1941, a series high.
Since 1939, the CES program has published monthly data for total nonfarm employment and employment in selected major industries on the basis of the Standard Industrial Classification (SIC) system for all major industry sectors. In 2003, CES estimates were converted to the North American Industry Classification System (NAICS), which divided the industry structure into additional sectors.
In 1919, BLS first published monthly data on employment and earnings for production workers in manufacturing (monthly average weekly hours data for these workers were added a few years later).
That same year, CES began publishing annual employment data for various industries, including detailed industries in the goods-producing sector and in the service-providing sector, the latter of which included wholesale and retail trade, transportation and public utilities, and government.