U.S. Industry Quarterly Review: Labor

April 2005
U.S. Industry Quarterly Review: Labor;2005 2nd Quarter, p195
Industry Profile
Industry Overview
The article looks at the trends in the U.S. labor market in the first quarter of 2005. The following were the total job creations in various industries: the non-farm private sector added 78,000 jobs in May; the service sector added 64,000 jobs; 20,000 jobs were created in the construction industry; manufacturing lost 7,000 jobs; education and health services sector added 40,000 jobs; while professional and business services lost 1,000 jobs. Meanwhile, labor costs remained constrained in the first quarter.


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