Following the US July jobs report, which indicated that the country created the most jobs in the last five-months, the US market reacted very positively to the good news.
According to the BLS, the US has added 1.8 million jobs in the last 12 months: these are the sectors which supposedly have high demand for (part-time) workers – Professional and Business Services accounting for one third of the increase in jobs, Education and Health Services at 23%, and, in equal amount, Leisure and Hospitality and Trade, Transportation and Utilities, which combined have accounted for 31% of the change.
On the other hand, the segment that is actively losing workers instead of adding new positions is constrcution.
The US government provides employment for 22 million people. At the end of April, 16.5% of the total US labor force was employed in the government sector and these numbers are not changing, at least not for now.
