US Adds 258,800 Jobs in June as Layoff Notices Fall to 17,600
Updated
Updated · reveliolabs.com · Jul 1
US Adds 258,800 Jobs in June as Layoff Notices Fall to 17,600
1 articles · Updated · reveliolabs.com · Jul 1
Summary
258,800 jobs were added in June, with Public Administration, Professional and Business Services, and Health Care driving the gain, while Transportation and Warehousing and Mining were the only sectors to lose jobs.
17,600 workers were covered by WARN layoff notices in June, down from 35,700 in May, as hiring edged up 0.4 percentage points and attrition fell 0.8 points.
2.1% fewer active job postings were listed from May to June, extending a leveling-off trend, with Transportation and Warehousing down 24% and Education and Health Services posting the largest absolute drop.
3% higher salaries on new job postings suggest employers are still competing for talent in some areas, led by Leisure and Hospitality and Professional and Business Services even as openings soften.