1. December 6, 2013
U.S. EMPLOYERS HIRED
A TOTAL OF
AVERAGE HOURLY EARNINGS
(ALL WORKERS)
THE UNEMPLOYMENT RATE
FELL TO
203,000
$24.15
7.0%
WORKERS IN NOVEMBER
2.0% ABOVE LAST YEAR
7.8% LAST NOVEMBER
SOLID EMPLOYMENT GAINS IN NOVEMBER
• Job gains totaled 203,000 for the month, in line with the average monthly increase
of 204,000 since August.
• The unemployment rate continues to decline, reaching a five-year low of 7% in
November, and the labor force participation rate rebounded slightly.
• Although the recent labor market and economic data has been largely favorable, it
remains to be seen whether the positive trend will continue into 2014.
The healthy employment report for November suggests that U.S. employers took the recent partial government shutdown in stride,
as they added more than 200,000 workers to their payrolls, and the unemployment rate dipped to its lowest point in five years.
Including combined upward revisions to the prior two months’ employment figures, the U.S. economy has generated more than two
million jobs thus far in 2013.
(Continued)

2. Talent Market Monthly: December 6, 2013
The unemployment rate tumbled to 7.0% in November,
a new five-year low. The decline in unemployment came
even as the labor force grew during the month, and
edged the closely-watched labor force participation rate
slightly higher after a significant drop in October.
Jobless claims also fell to a six-year low last week, a
further signal that the labor market is strengthening.
Along with the recent upward revisions to GDP
estimates, evidence is growing that the U.S. economic
and labor market recovery finally may be gaining some
traction, after five years of sluggishness.
350
300
250
200
150
100
50
0
10.0
9.0
8.0
7.0
6.0
Total non-farm employment growth
Unemployment Rate (%)
U.S. MONTHLY EMPLOYMENT CHANGE AND UNEMPLOYMENT RATE
Employment (000s)
Among the drivers of November’s employment gains
were some holiday-related sectors, including
transportation and warehousing (+31,000) and retail
trade (+22,000). The manufacturing sector gained 27,000
workers in November—the strongest hiring month so far
in 2013—and construction employment increased by
17,000. The professional and business services sector
also continues to expand, adding 35,000 jobs in
November and more than 600,000 jobs to date in 2013.
Unemployment rate
EMPLOYMENT OVERVIEW
JUN
JUL
AUG
SEP
OCT
NOV
Total non-farm employment growth
172K
89K
238K
175K
200K
203K
Private sector employment growth
194K
100K
207K
168K
214K
196K
Unemployment rate
7.6%
7.4%
7.3%
7.2%
7.3%
7.0%
Source: Bureau of Labor Statistics
JOB SEARCHING GOES SOCIAL
Social media continues to transform our connections and interactions—including
how we communicate about work. LinkedIn, Facebook, Twitter, and other social
networks are becoming increasingly important for job seekers as well as
employers. For employees, social media has opened up new channels to share
information and opinions, and to make connections related to jobs. According to
the 2013 Kelly Global Workforce Index, 39% of people said that they use social
media networks when making employment decisions, and 44% said that they
have been contacted via social media about a job opportunity in the past year.
Among employers and recruiters, social networks have become an essential part
of finding talent. This year, more than nine out of ten recruiters (94%) said that
they use or plan to use social media in their recruitment efforts, up from 78% in
2008, according to the 2013 Jobvite Social Recruiting Survey. And not only are
employers locating potential workers, they are making job offers too: more than
three quarters of recruiters in the Jobvite survey (78%) said they have hired a
candidate via a social network, up from 58% in 2010.
An Equal Opportunity Employer ©2013 Kelly Services, Inc. W1093e. Kelly Services, Inc. makes no representation or warranty with respect to the material contained in this report.
Sources: 2013 Kelly Global Workforce Index; Jobvite