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Sector changes in May

Private sector hiring was a bit disappointing last month, as only half of the nation’s 10 major industry groups reported employment increases. In all, the construction, government, information, leisure and hospitality, and professional and business services industries recorded job losses in May.

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Economic recovery remains sluggish

Ever since the worldwide economic recession drew to a close in 2008, a series of untimely events have repeatedly shaken Asia Pacific’s financial infrastructure.

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Year-to-Year Joblessness Continued to Fall Within a Majority of Metropolitan Areas

According to the BLS’ most recently published “Metropolitan Area Employment and Unemployment” report, which was released on May 2nd, joblessness continued to decease within a majority of the United States’ metropolitan areas in March.

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Private Sector Hiring Doesn’t Perform As Well As Hoped

On May 4th, the BLS released its most recent “The Employment Situation” report, which revealed that, for the second consecutive month, private sector hiring was not nearly as extensive in April as it was in January and February.