Total nonfarm payroll employment in the U.S. added only 69,000 jobs in May 2012 while the unemployment rate rose to 8.2 percent, according to ‘THE EMPLOYMENT SITUATION — MAY 2012’ released today by the U.S. Department of Labor’s Bureau of Labor Statistics. The May 2012 report also revised the change in employment for April 2012 from 115,000 jobs added down to 77,000 jobs and figures for March 2012 were revised from 154,000 jobs added down to 143,000 jobs. The May 2012 Employment Report is available at http://www.bls.gov/news.release/pdf/empsit.pdf until the June 2012 Employment Report is released on Friday, July 6, 2012.
The May 2012 Employment Situation Report showed that the number of unemployed persons rose to 12.7 million. Among specific job sectors, the May 2012 report found:
- Transportation and warehousing added 36,000 jobs in May 2012 with transit and ground passenger transportation adding 20,000 jobs and couriers and messengers adding 5,000 jobs.
- Health care employment increased by 33,000 jobs in May 2012 and has risen by 340,000 over the year.
- Wholesale trade employment rose by 16,000 jobs in May 2012 and has added 184,000 jobs since reaching an employment low in May 2010.
- Manufacturing employment added 12,000 jobs in May 2012 and has increased by 495,000 jobs following its most recent low in January 2010.
- Employment in other major industries, including professional and business services, mining and logging, retail trade, information, financial activities, leisure and hospitality, and government, changed little in May.
- On the negative side, construction employment declined by 28,000 jobs in May 2012, with 18,000 jobs lost in specialty trade contractors and 11,000 jobs lost in heavy and civil engineering construction.
The May 2012 Employment Situation Report will be available at http://www.bls.gov/news.release/pdf/empsit.pdf until the June 2012 Employment Situation Report is released on Friday, July 6, 2012.
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