There’s good news for the job market and the U.S. economy according to the January 2012 employment numbers released by the U.S. Department of Labor’s Bureau of Labor Statistics. Statistics reveal total nonfarm payroll employment added 243,000 jobs in January 2012 while the unemployment rate decreased to 8.3 percent.
The number of unemployed persons fell to 12.8 million, dropping the unemployment rate by 0.2 percentage point in January.
Private-sector employment grew by 257,000, with the largest employment gains in professional and business services, leisure and hospitality, and manufacturing.
· Professional and business services added 70,000 jobs. About half of the increase occurred in employment services (+33,000). Job gains also occurred in accounting and bookkeeping (+13,000) and in architectural and engineering services (+7,000).
· The leisure and hospitality industry workforce increased by 44,000, primarily in food services and drinking places (+33,000).
· Health care employment added 31,000 jobs. Within the industry, hospitals and ambulatory care services each added 13,000 jobs.
· Government employment was little changed over the month.
· Wholesale trade employment increased by 14,000.
· Manufacturing added 50,000 jobs, nearly all of them in durable goods manufacturing, with job growth in fabricated metal products (+11,000), machinery (+11,000), and motor vehicles and parts (+8,000).
An increase in new jobs translates to an increased need for pre-employment background checks. Make sure your company has hired the very best when it comes to employment screening, in order to ensure every new employee is qualified and deserving of the job.
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