The private sector saw little improvement in employment in May, but the areas that did see the most job growth were the temporary/contract help and manufacturing industries, according to the most recent employment stats from the Bureau of Labor Statistics.
The private sector had a net increase of only 41,000 jobs in May. A bulk of those jobs were in “Temporary Help Services,” which increased by 31,000 jobs, which makes 362,000 temporary/contract positions that have been added in the private sector since September. Manufacturing added 29,000 jobs, while employment in construction decreased by 35,000 jobs, offsetting some of the gains made in temporary/contract staffing and manufacturing.
Overall, the unemployment rate dropped slightly from 9.9 to 9.7 percent.