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May 2018 U.S. Jobs Report Infographic

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The U.S. labor market added a whopping 223,000 nonfarm payroll jobs in the month of May, blowing away economists' projections of 190,000. This is a substantial increase from the 159,000 jobs that were gained last month.

The national unemployment rate also slightly decreased to 3.8%, setting a newer 17-year low. This places the total number of unemployed Americans to 6.1 million, down 772,000 workers (or 0.5%) over the year. The labor force participation rate also edged down to 62.7%.

Published in: Recruiting & HR
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May 2018 U.S. Jobs Report Infographic

  1. 1. MAY 2018 JOB REPORT - U.S. BUREAU OF LABOR STATISTICS Employment Increases Over the Past 12 Months by Industry: 223,000 Jobs created in�May The lowest unemployment rate since 2000 3.8% Unemployment rate 2.7% Average hourly earnings rate Average work week hours34.5 https://www.bls.gov/news.release/empsit.nr0.htm https://www.wsj.com/livecoverage/may-2018-jobs-report-analysis?mod=article_inline Construction Sources: 179,000 Involuntary part-time workers4.9M Manufacturing Mining (since October 2016) Professional & Technical Services Transportation & Warehousing 62.7% Labor force participation rate 31,000Retail 29,000Healthcare 25,000 23,000 Construction Professional & Technical Services May Jobs (Net Change) 286,000 156,000 206,000 91,000 259,000 191K Average number of jobs gained in last 12 months *Employment in other major industries, including wholesale trade, information, leisure and hospitality,�financial activities, and government, showed little change over the month.� Jobs added in last 3 months Transportation & Warehousing Manufacturing Mining 19,000 18,000 6,000

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