Employment Trends: May

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Employment Trends: May

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employment-trends-may_blog_staff-management-SMXThe unemployment rate and unemployed persons remained unchanged at 7.6 % and 11.8 million in May, however the number of unemployed persons has decreased by 1 million over the past year. Nonfarm payroll employment grew by 175,000 jobs in May. Professional, business services, food services and drinking services and retail services all experienced growth last month. Professional and businesses services added 57,000 jobs and employment in this industry continued to trend up in temporary help services with an addition of 26,000 jobs. An article by ASA mentioned that Federal government jobs decreased by 14,000 in May and by 45,000 over the past few months.  Other major industries like construction, mining and logging, manufacturing, wholesale trade, transportation and warehousing, showed little change over the month.

Staffing Industry Analysts reported that temporary total employment grew by 25,600 jobs and temporary penetration increased to 1.98 percent from 1.96 percent in April. This industry is one of the fasting growing with a total of 2.68 million jobs.

Bureau of Labor Statistics noted that in manufacturing, the workweek increased by 0.1 hour to 40.8 hours, and overtime was unchanged at 3.3 hours. The average workweek for production and nonsupervisory employees on private nonfarm payrolls increased by 0.1 hour to 33.8 hours.