This employment strength suggests that hiring appetite remains intact across company sizes, especially as larger firms regain momentum after past restructuring waves. The composition of job growth indicates more selective hiring aligned with sector-specific performance and operational scalability.
Services Sector Drives Employment Upside
The services sector provided most of the gains, with financial activities and professional/business services leading the way. Financial activities posted a robust 38,000 increase, while professional and business services added 57,000 jobs—highlighting continued demand in white-collar segments.
Leisure and hospitality added 17,000 jobs, signaling moderate recovery, though below the highs seen during previous reopening phases. Education and health services, another traditionally stable segment, added 12,000 jobs. However, weakness in trade, transportation, and utilities was notable,…
Read More