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BLS: Job Growth Remains Steady in May

Seasonally adjusted employment data released today by the U.S. Bureau of Labor Statistics indicates that staffing firms added 25,600 new jobs from April to May (up 1.0%). In a year-to-year comparison, temporary help employment for the month was 7.5% higher than in May 2012.

Nonseasonally adjusted BLS data, which estimate the actual number of jobs in the economy, indicated that the staffing industry added 70,500 new jobs (up 2.7%) from April to May of this year. On a year-to-year basis, there were 6.5% more staffing employees in May than in the same month last year.

“While there were some bright spots in the May BLS data, we are still not seeing the kind of widespread employment growth that we need to reduce the unemployment rate and put more Americans back to work.” says Richard Wahlquist, president and chief executive officer of the American Staffing Association. “Staffing firms report increases in demand across a number of sectors while others remain relatively flat as businesses remain hesitant to add to their headcount.”

Overall U.S. nonfarm payroll employment increased by 175,000 jobs in May and the unemployment rate edged up slightly from 7.5% to 7.6%. Over the past 12 months, employment growth has averaged 172,000 jobs per month, down from an average of 186,500 jobs per month over the prior 12 month period.

Sectors adding jobs to the economy included professional and business services (+57,000), food services and drinking place (+38,000), retail trade (+28,000), and health care (+11,000). Employment in other major industries showed little or no change during May.

Sharp Jump Expected in June Service-Sector Hiring

Society for Human Resource Management (06/06/13)

The Society for Human Resource Management’s Leading Indicators of National Employment for June predicts a gain in hiring in the service sector and a slight decrease in hiring in manufacturing. The report says a net 42.9% of service-sector companies and a net 37.3% of manufacturers will add jobs this month, with the service sector’s hiring index up 20.5 points and the manufacturing sector’s hiring index down 6.5 points on a year-over-year basis.

In May, a net 20% of manufacturing respondents and a net 17.4% of service-sector respondents reported gains in exempt vacancies, up 2.2 points and 6.8 points, respectively, from a year ago; a net 29.7% of manufacturing respondents and a net 17.1% of service-sector respondents reported increases in nonexempt vacancies, up 8.4 points and 4.2 points, respectively. A net 11.9% of manufacturing respondents said recruiting was more difficult last month, down 1.9 points year-over-year, and a net 15.4% of service-sector professionals said the same, up 7.6 points.

Find What You Need for Your Business—Shop the ASA Marketplace

The ASA Marketplace has been getting rave reviews from staffing professionals looking to purchase products and services for their companies.

Unlike any online resource of its kind, the content-rich, user-friendly ASA Marketplace features one-click access to supplier company news releases, allows searches by industry sector, delivers geographical search capabilities for firms with multiple locations, and much more.

Shop the ASA Marketplace—your No. 1 source for suppliers to the staffing industry. Suppliers interested in getting listed or advertising should contact Antoinette Dixon at 703-253-1142.

Welcome New ASA Members

Please join the ASA board of directors and staff in welcoming the following new members who joined ASA recently:

Bradford Management Group Inc.

Charlotte, NC

Dental Auxiliary Service Inc.

Austin, TX

Excel Partners

Stamford, CT

Gilbert Consulting Services Inc.

Arroyo Grande, CA

NowTemps Staffing

St. Louis, MO

Pappas & Pappas Consulting Inc.

Wayland, MA

Pyramid Consulting Group

New York, NY

The Jacobson Group

Chicago, IL

The Job Exchange Associates Inc.

Limerick, PA

Titan Staffing

New York, NY