US Employment Update: Robust Hiring Continues in June

In the month of June, the US economy showed signs of robust growth, with employers continuously hiring in various sectors. According to the Bureau of Labor Statistics, approximately 209,000 jobs were added, exhibiting a somewhat steady growth. The unemployment rate also experienced a decline, showing a dip of 0.1 percentage points to arrive at 3.6%.

Leading Sectors In Job Growth

There were several sectors where the growth of jobs was especially notable in June. These sectors include:

• Government
• Healthcare
• Social assistance
• Construction

The above-mentioned sectors not only led the growth but also contributed largely to the overall job addition in the US economy during the month.

An In-depth Look Into The Sectors

Considering the details, different sectors exhibited different trends. Let’s delve into the specifics and figure out how each of these sectors performed.

Government Jobs

The government sector showed a remarkable increase of 60,000 jobs just in June. Both state and local governments were involved in this boost, contributing nearly equally to the overall increase.

Healthcare Jobs

Healthcare, another fundamental sector, displayed significant growth with the addition of 41,000 jobs. This growth was led predominantly by different branches like:

• Hospitals
• Nursing and residential care facilities
• Home health care services

Construction Jobs

The construction sector also showed an upswing by adding 23,000 jobs, which is somewhat above its 2022 average of adding 22,000 jobs on a monthly basis.

Leisure and Hospitality Jobs

The closely watched leisure and hospitality sector could add 21,000 jobs in June, which though lower than the 48,000 jobs added in May, still indicates a healthy trend.

Goods Retailers Jobs

Goods retailers encompassing industries like building materials, furniture and appliances saw a decline, which brings into focus the prominent growth among service-providing industries after the pandemic.

Service-Providing Trade Transportation and Utilities Jobs

However, not all service-providing sectors had a good endeavor. The service-providing trade transportation and utilities experienced a loss of 22,000 jobs, marking a drastic change from the previous month’s gains of 37,000.

Summary

With sector-specific growth and decline trends, the job market in the US appears complex but predominantly healthy. For more in-depth insights, feel free to use our interactive tool to search every industry that the Bureau of Labor Statistics reports monthly.