Friday, June 6, 2014

Job creation remains steady, 217k jobs added in May

Overall, this is a report that suggests the jobs landscape is … holding steady. At least after one read-through, there’s nothing that stands out as either great or horrible. The economy continues to plod along steadily.
 
All told, over the last 12 months, the U.S. economy has added over 2.38 million jobs overall and 2.36 million in the private sector. What’s more, May was the 51st consecutive month in which we’ve seen private-sector job growth. The year isn’t quite half over, but 2014 is currently on track to be the best year for U.S. job creation since 1999.



3 comments:

  1. Looks like a good sign for the new graduates :) I am curious which industries are producing the most jobs. My hunch is the tech industry.

    It's interesting that the job loss in the public sector does not drag down the statistics. This also means that the private sectors, perhaps small & middle-sized businesses, are thriving, a sign that people are willing to spend and make investments!

    ReplyDelete
  2. There are two things I would like to know to get a better understanding of how the economy is really doing. How many of those jobs are full-time, and how many are minimum wage jobs?

    ReplyDelete