Here is what this month’s report looks like. Where do you think we are headed for the remainder of the year and what does it mean for your business? June jobs report adds thousands of jobs The June’s Bureau of Labor Statistics (BLS) employment report showed positive job growth with the addition of 195,000 positions and an unchanged unemployment rate of 7.6%. The change in total nonfarm payroll employment for April was revised from 149,000 to 199,000, and the change for May was revised from 175,000 to 195,000, adding an additional 70,000 jobs to the economy. Economists anticipated, and accurately predicted, an unchanged unemployment rate. This month marks four years since the start of the economic recovery. Nonfarm payroll employment increased by 195,000 in June, which is slightly higher than the average monthly gain of 182,000 over the prior 12 months. Does positive growth mean a recovery? A number of sectors saw positive growth, including professional and business services (+53,000), retail (+37,100), leisure and hospitality (+75,000), financial activities (+17,000), healthcare (+19,800), computer systems design and related services (+7,300), and architectural and engineering services (+3,000). Temporary help services saw an increase in May, with an addition of 10,000 jobs, contributing to the confident,fotolia,handsome,happy,laughing,models,relaxed,smart,tannedgrowing numbers for this year within the subsector. Additionally, another positive sign was seen with a strong increase in leisure and hospitality positions, signifying that Americans are spending money on discretionary and leisurely activities. Adecco is seeing strong demand for workers in business and professional services, retail, IT, and the healthcare industries. Things continue to look consistently bright for employment as the economy continues towards full economic recovery. As a provider of jobs and opportunities to help the economy recover, we aim to bring you the latest updates each month from the Bureau of Labor Statistics, it’s important to you and it’s important to us! Subscribe to our blog and follow us on Twitter for updates each month.

1. According to the report, 195,000 new jobs were generated last
month, exceeding a majority of economists’ projections, as most
financial experts anticipated a rise in employment of 150,000 to
165,000. The national civilian labor force also augmented, rising
by 177,000, as total employment was measured at 144.1 million,
an increase of 160,000, when compared to May’s figures.
Since June 2009, the official end of the Great Recession, 5.3 million
new jobs have been added to the national economy, an average
of 110,417 per month. In that time, the nation’s jobless rate has
decelerated considerably, from 9.5 to 7.6 percent, the lowest
measurement recorded since December 2008.
Furthermore, the report revealed two substantial job creation
revisions, as April and May’s total monthly nonfarm payroll
employment rose to 199,000 and 195,000, respectively, an increase
of 70,000 jobs. As a result of these revisions, 2013’s average monthly
job creation also upturned, from 189,200 to approximately 202,000.
The total number of workers employed part-time, due to economic
reasons, also increased, by 322,000, rising to 8.2 million. Economists
agree that significant economic progress has occurred throughout
the past 12 months. Since June 2012, employment has risen by 1.6
million, whereas unemployment has declined by 924,000. Moreover,
the civilian labor force has increased sharply, by 686,000.
Although the economy’s recovery from the Great Recession is
occurring at slow but steady pace, a majority of June’s jobs report
findings appear to indicate that America’s employment situation
will likely continue to improve throughout the second half of 2013.
Although some private sectors, like information, reported job
losses, a majority added employees to payrolls last month,
including each of the following sectors.
Workplace Economy July 2013
195,000 new jobs were added in April
Source: CNNMoney.com
Numbers are seasonally adjusted. Source: Bureau of Labor Statistics
Thousand
195 195
87
153
165
138
160
247
219
148
332
199
JUN
2012
JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN
2013
As millions of Americans celebrated Independence Day weekend, the BLS
released one of the most encouraging jobs reports in recent memory –
“The Employment Situation – June 2013.”
142
As Americans awaited the results of the latest BLS jobs report,
many economists projected one certainty would be fully realized:
a continuous rise in private sector hiring.
After all, private sector employment had grown every month
since February 2010. In fact, sector hiring has been wide-ranging
throughout 2013, increasing by 178,000 as recently as May.
Economists’ predictions were accurate, as 202,000 new private
sector jobs were added to the national economy in June, one
of the highest monthly totals reported in recent memory.

2. Rising for the 40th consecutive month, private sector hiring was
particularly robust within the following industries.
Financial services: After decelerating a bit in May, sector
hiring rebounded last month, rising by 17,000. Roughly
12,600 hires were recorded in finance and insurance,
whereas real estate generated 4,400 new jobs.
Healthcare: As one of the nation’s most reliable employers,
the healthcare sector generally releases consistent job figures,
as employment tends to rise on a monthly basis. With 19,800
professionals added to payrolls last month, the sector’s latest
employment figures were no exception.
Leisure & hospitality: Since June 2012, the sector has created
approximately 42,833 new jobs, on average. This pace was
nearly doubled last month though, as the sector hired 75,000
new employees, 51,700 of which accepted jobs in food services
and drinking places.
Professional & business services: Sector hiring continued
to upturn last month, rising by 53,000, as workers accepted job
offers within a variety of industries, from employment services
(18,600) to management and technical consulting services (8,400).
Retail trade: Employment rose by 37,100 last month, exceeding
May’s initial figures by nearly 10,000. To compare, since June 2012,
employment has increased by 25,008 per month, on average.
Temporary help services: Sector hiring augmented for the fifth
straight month, rising by 9,500. Roughly 2.7 million professionals
are presently employed within the sector.
For more insights into the job market and the economy,
please visit workplaceeconomy.com
Sector changes observed in June
Source: BLS
Architecture & engineering
Finance
Healthcare
Leisure & hospitality
Professional & business services
Retail trade
Temporary help services
0 10 20 30 40 80
Workplace Economy July 2013
Thousand
50 60 70