Job growth in the private sector: 534,000 jobs added in November
The job growth in the US private sector ramped up in November even as the labor market is currently facing one of the worst worker shortages in decades, according to the ADP National Employment Report released Wednesday morning. Companies added 534,000 jobs last month, topping the 525,000-job gain predicted by economists. This gain has marked a decline from October when companies added a revised 570,000 positions.
The sector that was hit hard by the pandemic was leisure and hospitality. This sector accounted for the bulk of the gains with 136,000 new positions last month. While employment in this sector, including bars and restaurants, has been below last year's level, it has been steadily hiring more workers as vaccination rates have increased and business restrictions have eased. More Americans now venture out to shop, eat and travel.
Professional and business services also added to the job gains last month and added 110,000 new positions last month. This was followed by trade, transportation and utilities, which saw an increase of 78,000, and education and health services, which contributed 55,000. The service-producing sector contributed 424,000 jobs in November and the goods-producing sector added some 110,000 jobs.
Source: Fox Business
The sector that was hit hard by the pandemic was leisure and hospitality. This sector accounted for the bulk of the gains with 136,000 new positions last month. While employment in this sector, including bars and restaurants, has been below last year's level, it has been steadily hiring more workers as vaccination rates have increased and business restrictions have eased. More Americans now venture out to shop, eat and travel.
Professional and business services also added to the job gains last month and added 110,000 new positions last month. This was followed by trade, transportation and utilities, which saw an increase of 78,000, and education and health services, which contributed 55,000. The service-producing sector contributed 424,000 jobs in November and the goods-producing sector added some 110,000 jobs.
Source: Fox Business
Category
Parental Leave
Workplance Violence
Retaliation
Fiduciary Duty
Ethical Practice
Privacy
Bonuses & Incentives
Leave Management
Time Worked
Inclusion, Equity & Diversity
Performance Management
Mentoring & Coaching
Job Descriptions
Employment Testing
Change Management
Workplace Security
Communication
Employee Resource Groups
Pay Equity
Disability Benefits
Family & Medical Leave
Work Visas
Background Checks
Workplace Stories
Remote & Hybrid Work
Workforce Planning
Overtime Pay
Substance Abuse
Records & Reports
Inclusion, Equity &
Mental Health Benefits
Affirmative Action
Workplace Wellness
Succession Planning
Workplace Culture
Downsizing
Contemporary Issues
Unemployment Benefits
Religious Accomodations
Ethnicity
Employee Handbooks
Global Mindset
Flexible Spending Account
Data Security
Organizational &
Business Continuity
Mental Wellness
Opening
Work Life Integration
HR Careers
Tags
Article
Top 5 Challenges of HR Professionals During COVID-19 Pandemic
When it comes to the talks of the unemployment rate due to COVID-19, experts compare it to the Grea ...
10 Tips to Help You Ace an Online Interview Amidst COVID-19 Crisis
Online interviews have been rising in popularity for quite some time now. It has increased by 49% s ...
The Interviewer's Guide to Conducting Phone Interviews
The job market in the US is slowly gaining traction after the long period of gloom that took the un ...
Don’t Fall Prey to These Job Scams
When people are looking frantically for employment, scammers get a chance to exploit their weakness ...
Comments