Adecco USA Job Market Update June 2015, reflective of May 2015 data

1. •
Job Market Update
U.S. Economic Data
Reflective of the Bureau of Labor Statistics
“The Employment Situation – May 2015”
As of June 2015

2. •
Overview of “The Employment Situation”
• The May report showed an overall
monthly gain of 280,000 jobs – exceeding
the average monthly numbers over the
past year
• The unemployment rate increased by
0.1%, to 5.5%
• Revisions to prior months:
- The March number was revised from +85,000 to
+119,000
- The April number was revised from +223,000 to
+221,000
2

3. •
280,000 new jobs added in May
3
* Numbers are seasonally adjusted. Source: BLS

4. •
Employment in May
• Total nonfarm payroll employment
decreased by 311,000 jobs to 2.4 million in
May, following an increase in the month of
April
- Unemployment rose slightly to 5.5%
- The number of long-term unemployed
persons (2.5 million) was little changed
in May, making up 28.6% of all
unemployed persons
- Over the year, the number of long-term
unemployed has declined by 849,000
• Discouraged workers in May was 563,000 –
a decrease of 134,000
4
JOBS GAINED IN MAY
UNEMPLOYMENT RATE
280,000
5.5%

5. •
May’s job creation statistics
• United States private sector jobs
increased during May, generating over
262,000 jobs
- Highest increase in employment seen
within professional and business
services, leisure and hospitality, and
education and health services
5
Source: BLS

6. •
Industry Breakdown
6
Source: BLS

7. •
Industry Breakdown
7

8. •
Employment in total nonfarm
-18.0
17
7
4.1
31.4
13.1
-3
13
63
47
57
20.1
2
18
-30.0 -20.0 -10.0 0.0 10.0 20.0 30.0 40.0 50.0 60.0 70.0
Mining and logging
Construc on
Manufacturing
Wholesale trade
Retail trade
Transporta on and warehousing
Informa on
Financial ac vi es
Professional and Business services
Educa on and health services
Leisure and hospitality
Temporary help services
Other services
Government
Over-the-monthchange, May2015
8
* Numbers are seasonally adjusted in thousands.
Source: BLS, Current Employment Statistics Survey, May 2015

9. •
State & Regional Unemployment – April 2015
• State and Regional unemployment rates were little changed in April
• The Midwest had the lowest regional unemployment rate at 5.0%
• The West had the highest unemployment rate at 5.8%
• Significant over-the-year decreases were reported in all four regions: Midwest, West,
Northeast and South
9
Metropolitan employment data from previous month. Source: BLS

10. •
Mid-Atlantic Region – April 2015
10
Metropolitan employment data from previous month. Source: BLS

11. •
Midwest Region – April 2015
11
Metropolitan employment data from previous month. Source: BLS

12. •
Mountain-Plains Region – April 2015
12
Metropolitan employment data from previous month. Source: BLS

13. •
New England Region – April 2015
13
Metropolitan employment data from previous month. Source: BLS

14. •
New York, New Jersey Region – April 2015
14
Metropolitan employment data from previous month. Source: BLS

15. •
Southeast Region – April 2015
15
Metropolitan employment data from previous month. Source: BLS

16. •
Southwest Region – April 2015
16
Metropolitan employment data from previous month. Source: BLS

17. •
West Region – April 2015
17
Metropolitan employment data from previous month. Source: BLS