The staffing industry led employment growth in June by adding more than 25,000 jobs, according to seasonally adjusted employment data released today by the U.S. Bureau of Labor Statistics. This is a 1.0% increase over May and 10.7% more jobs than a year ago. Moreover, BLS substantially boosted its temporary help estimate for May, from an initial 8.5% to a revised 9.3% increase year-to-year. The staffing industry has added 776,000 jobs to the economy since September 2009.
Nonseasonally adjusted BLS data, which estimate the actual number of jobs in the economy, show that the staffing industry added nearly 40,000 jobs (up 1.6%) from May to June. On a year-to-year basis, there were 10.7% more staffing employees in June compared with the same month in 2011.
Overall U.S. nonfarm employment grew by 80,000 jobs in June, BLS says. During the first three months of 2012, the average rate of monthly job creation was 226,000; by contrast, the monthly average for April through June was 75,000. The overall unemployment rate remained unchanged from May to June at 8.2%.
“Businesses continue to be very cautious about hiring in the current uncertain economic environment,” says Richard Wahlquist, president and chief executive officer of the American Staffing Association. “The good news for job seekers is that staffing firms offer immediate employment as well as opportunities for permanent placement.”
Professional and business services (the broad industry category under which temporary help is classified) added 47,000 jobs during the month, manufacturing added 11,000 jobs, health care rose by 13,000 jobs, and the wholesale trade sector added 9,000 new employees to their payrolls. Employment in other major industries showed little or no change.