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Staffing industry recruiting news, advice and thought leadership.

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Staffing industry recruiting news, advice and thought leadership.

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BLS Report – June 2020

Employment rose by 4.8 million in June, and the unemployment rate declined to 11.1 percent, the U.S. Bureau of Labor Statistics reported today.

Among the major worker groups, the unemployment rates declined in June for adult men (10.2%), adult women (11.2%), teenagers (23.2%), Whites (10.1%), Blacks (15.4%), and Hispanics (14.5%). The jobless rate for Asians (13.8%) changed little over the month.

The number of unemployed persons who were on temporary layoff decreased by 4.8 million in June to 10.6 million, following a decline of 2.7 million in May. The number of permanent job losers continued to rise, increasing by 588,000 to 2.9 million in June. The number of unemployed reentrants to the labor force rose by 711,000 to 2.4 million.

WHAT DOES THIS MEAN FOR STAFFING?

Total nonfarm payroll employment increased by 4.8 million in June, following an increase of 2.7 million in May.

These gains reflect a partial resumption of economic activity that had been curtailed due to the coronavirus pandemic in April and March, when employment fell by a total of 22.2 million in the 2 months combined.

Professional and business services added 306,000 jobs in June, but employment is 1.8 million below its February level. In June, employment rose in temporary help services (+149,000), services to buildings and dwellings (+53,000), and accounting and bookkeeping services (+18,000). By contrast, employment declined in computer systems design and related services (-20,000).

Source: Bureau of Labor and Statistics, THE EMPLOYMENT SITUATION — JUNE 2020
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