- Manufacturing: +31K
- Healthcare: +9K
- Mining: +9K
- Financial Activities: +28K
Commenting on the data, SouthBay research noted the following:
- Construction: Much higher than expected. Homebuilders are hiring and the bottlenecks I saw did not show up in BLS data
- Manufacturing: Higher than expected. My data shows demand is strong but more moderate
- Financial: Higher than expected. More lending and sales agents
What was also quite notable was the sharp, +50,300 jump in retail jobs, which according to the BLS, have wiped out the doldrums from the recent bricks and mortar collapse, and are back to record high.
Southbay's summary: "Broad strength. Notable strength in the supply chain (manufacturing, transportation) and consumer (home construction, Lending, Retail, Leisure & Hospitality)"
Finally, as Bloomberg shows, below are the industries with the highest and lowest rates of employment growth for the most recent month: monthly growth rates are shown for the prior year.
