Associated Press (06/01/12)
May’s hiring slowdown was broad-based, with half of the 10 major industry groups that the government tracks cutting jobs, while job growth slowed in two others. The hardest hit industry in May was the construction industry: it lost 28,000 jobs—the deepest cuts in two years. Economists say that may partly reflect payback from the mild winter. The leisure and hospitality industry also shed jobs, mostly because of cuts at casinos, museums, and amusement parks. Governments continued to cut workers, losing 13,000 jobs in May, more than the 10,000 shed in April.
New Webinar: CareerBuilder Staffing and Recruiting Talent Brief
As many as 75% of staffing and recruiting professionals say some of their currently existing talent acquisition and human capital management roles will be completely automated using technology over the next 10 years. Find out how this will impact your business.