Sources 1 HTTP://WWW.BLS.GOV/NEWS.RELEASE/EMPSIT.NR0.HTM 2 HTTPS://AMERICANSTAFFING.NET/POSTS/2016/06/03/BLS-STAFFING-EMPLOYMENT-FLAT-MAY/ 38K JOBS ADDED IN MAY MAY JOB GAINS TOTAL NONFARM PAYROLL EMPLOYMENT GAINS 116K/MONTH Over the past 3 months 219K/MONTH Over the past 12 months HEALTH CARE SAW THE LARGEST GAINS PROFESSIONAL AND TECHNICAL SERVICES HEALTH CARE 46K 26K 10K JUNE 01 AVERAGE MONTHLY GAINS SECTORS WITH THE LARGEST GAINS PROFESSIONAL AND BUSINESS SERVICES EMPLOYMENT TRENDS REPORT JUNE 2016 MAR APR MAY 123K* 186K* 38K NUMBERS HAVE BEEN REVISED NUMBERS HAVE BEEN REVISED What does not jump out of today’s jobs report is the fact that American employers across many sectors are still facing signiﬁcant hiring and skills gap challenges. At a time when the labor market participation rate has fallen to 62.6%, businesses report that they have close to six million open jobs they cannot ﬁll. “ ” RICHARD WAHLQUIST PRESIDENT AND CHIEF EXECUTIVE OFFICER OF THE AMERICAN STAFFING ASSOCIATION 34.4 3.2 40.8 33.6 NONFARM PAYROLL HOURS FACTORY OVERTIME HOURS MANUFACTURING HOURS PRODUCTION & NON-SUPERVISORY HOURS AVERAGE WORK WEEK AMERICAN STAFFING ASSOCIATION 0.6% 3.3% STAFFING EMPLOYMENT DOWN .7% FROM APRIL & UP .6% FROM MAY 2015 YEAR-TO-YEAR STAFFING JOB GROWTH AVERAGED 3.3% PER MONTH OVER THE PAST 12 MONTHS SEASONALLY ADJUSTED SEASONALLY ADJUSTED U.S. STAFFING INDUSTRY UNEMPLOYMENT RATE AVERAGE HOURLY PAY $25.59 $21.49 PRIVATE-SECTOR PRODUCTION & NONSUPERVISORY NONFARM PAYROLL AVG. HOURLY EARNINGS INCREASED 2.5% OVER THE YEAR 4.7% DECREASED TO

JUNE 2016 EMPLOYMENT TRENDS REPORT - Staff Management · trends report june 2016 mar apr may 123k* 186k* 38k numbers have been revised numbers have been revised ... american staffing

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Page 1: JUNE 2016 EMPLOYMENT TRENDS REPORT - Staff Management · trends report june 2016 mar apr may 123k* 186k* 38k numbers have been revised numbers have been revised ... american staffing

Sources

1 HTTP://WWW.BLS.GOV/NEWS.RELEASE/EMPSIT.NR0.HTM 2 HTTPS://AMERICANSTAFFING.NET/POSTS/2016/06/03/BLS-STAFFING-EMPLOYMENT-FLAT-MAY/

38KJOBS ADDEDIN MAY

MAY JOB GAINS

TOTAL NONFARM PAYROLL EMPLOYMENT GAINS

116K/MONTH Over the past 3 months 219K/MONTHOver the past 12 months

HEALTH CARE SAW THE LARGEST GAINSPROFESSIONAL

AND TECHNICAL SERVICES HEALTH CARE

46K

26K10K

JUNE01

AVERAGE MONTHLY GAINS

SECTORS WITH THE LARGEST GAINS

PROFESSIONAL AND BUSINESSSERVICES

EMPLOYMENT TRENDS REPORT

JUNE 2016

MAR APR MAY

123K*

186K*

38K

NUMBERS HAVE BEEN REVISED

What does not jump out of today’s jobs report is the fact that American employers across many sectors are still facing significant hiring and skills gap challenges. At atime when the labor market participation rate has fallen to 62.6%, businesses report that they have close to six million open jobs they cannot fill.

“

”RICHARD WAHLQUISTPRESIDENT AND CHIEF EXECUTIVE OFFICER OF THE AMERICAN STAFFING ASSOCIATION

34.4 3.2 40.8 33.6NONFARM PAYROLL

HOURSFACTORY OVERTIME

HOURSMANUFACTURING

HOURS PRODUCTION &

NON-SUPERVISORY HOURS

AVERAGE WORK WEEK

AMERICAN STAFFING ASSOCIATION

0.6% 3.3%STAFFING EMPLOYMENT DOWN .7% FROM APRIL & UP .6% FROM MAY 2015

YEAR-TO-YEAR STAFFING JOB GROWTH AVERAGED 3.3% PER MONTH OVER THE PAST 12 MONTHS

SEASONALLY ADJUSTED SEASONALLY ADJUSTED