After a strong start to the year, in which private employment grew by more than 200,000 jobs in January and February, the U.S. economy added an average of only 126,000 jobs in March, April and May, according to a report from the National Council on Compensation Insurance.
The most jobs added in May were in education and health care; professional and business services; and leisure and hospitality, according to NCCI’s Quarterly Economics Briefing. Employment declined in trade, transportation and utilities; information; and manufacturing. However, manufacturing lost only 1,000 jobs in...
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