U.S. Industry Quarterly Review: Labor

April 2006
U.S. Industry Quarterly Review: Labor;2006 2nd Quarter, p193
Industry Profile
Industry Overview
The article reports on the labor situation in the U.S. in May 2006. It states that the more than 75,000 non-farm payroll jobs were created for the month. All of these jobs came from service sector, while the goods-producing sector lost 10,000 jobs. Average hourly earnings increased from a year ago by 3.5%. The predicted shortage of construction workers is putting pressure on the wage forecasts for the sector. Labor productivity improved.


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