In some good news for the Obama administration, payroll giant ADP released its National Employment Report for June and indicated a gain of 157,000 private sector jobs last month. The figure is four times the 38,000 jobs gained reported by the U.S. Bureau of Labor Statistics (BLS) for May. ADP revised the May total downward to 36,000. Tomorrow the BLS will release the Employment Situation Summary for June that will report the government’s official employment numbers and unemployment rate.
ADP is reporting that employment in the services-providing sector increased by 136,000, a continuing sign of the shift in the nation’s economy to service oriented employment; marking 18 consecutive months of gains in the sector. Employment in goods-producing industries rose 27,000 and manufacturing showed a 24,000 increase last month. The two sectors that experienced decreases were construction and financial services. The largest gains were reported by small businesses, those firms with 50 or fewer workers, adding 88,000 jobs in June. The heavy orientation toward job creation in the small business sector belies the attention paid to the nation’s large corporations, where job growth has been anemic.
Black leadership will be particularly focused on tomorrow’s BLS release, as Black unemployment climbed in May and Black men continued to be the most disadvantaged in the economy among adult workers. However, a new Pew Research Center report suggests that men have been gaining jobs during the recovery, from June 2009 through May 2011, while women across racial and ethnic groups have been losing jobs. The only group currently faring worse than Black men is Black teenagers age 16 to 19 years-old. The summer months will likely result in rising numbers of Black teens who are jobless as many communities have cut back on summer youth employment programs due to budgetary constraints.