Employment Trends: June
Although the employment rate remained unchanged at 7.6 percent in June, nonfarm payroll employment increased by 195,000, which is in line with the average monthly gain of 182,000 over the prior year. The Bureau of Labor Statistics reported that the number of unemployed persons, at 11.8 million also remained unchanged for
Sectors with the largest increase in employment are leisure and hospitality, professional and business services, retail trade, healthcare and financial activities. Leisure and hospitality added 75,000 jobs in June. The monthly average gain for this industry is almost twice the average monthly gain of 30,000 in 2012. According to the Staffing Industry Analysts professional and business services added 53,000 jobs and temporary help services continued an upward trend with the addition of over 10,000 jobs. Retail trade employment rose by 37,000 jobs and whole sale trade increased by 11,000 jobs. Health care also gained 20,000 jobs. Employment in financial activities grew by 17,000. Employment in Federal government experienced at decrease of 5000 jobs.
The unchanged average workweek for all employees on private nonfarm payrolls was 34.5 hours In manufacturing, the workweek increased by 0.1 hour to 40.9 hours, and overtime was unchanged at 3.3 hours. The average workweek for production workers and nonsupervisory employees on private nonfarm payrolls was unchanged at 33.7 hours.