Staffing may be on increase for logistics managers this year
As with other core competency sectors, logistics is cautiously keeping pace with other departments in staffing
in the NewsSalonCentric: One Beautiful Network Q4 2017 Rail/Intermodal Roundtable: Improvements apparent; work remains The State of the DC Voice Market Clean Cargo Working Group issues encouraging report on ocean shipping U.S. ‘trade boom’ remains intact, reports Panjiva More News
Seasonally adjusted employment data released last week by the U.S. Bureau of Labor Statistics indicates that staffing firms added 9,500 new jobs from May to June (up 0.4%).
As with other core competency sectors, logistics is cautiously keeping pace with other departments in staffing.
In a year-to-year comparison, temporary help employment for the month was 6.7% higher than in June 2012.
But according to Richard Wahlquist, president and chief executive officer of the American Staffing Association, the news might be as good as it sounds.
“In this slowly growing economy, businesses continue to strategically increase the size of their permanent and flexible work forces,” he says. “Staffing firms report that the rate of growth in demand for talent in several sectors has moderated compared to last year at this time.”
Non-seasonally adjusted BLS data, which estimate the actual number of jobs in the economy, indicated that the staffing industry added 25,000 new jobs (up 0.9%) from May to June of this year. On a year-to-year basis, there were 6.0% more staffing employees in June than in the same month last year.
Overall U.S. nonfarm payroll employment increased by 195,000 jobs in June and the unemployment rate remained unchanged at 7.6%. Over the past 12 months, employment growth has averaged 182,000 jobs per month.
Sectors adding jobs to the economy included leisure and hospitality (+75,000), professional and business services (+53,000), retail trade (+37,000), health care (+20,000), and financial activities (+17,000). Federal government employment continued to trend down (-5,000) and has contracted by 65,000 jobs over the past 12 months. Employment in most other major industries showed little change over the month.
BLS also provides employment estimates for search and placement firms, but those are nonseasonal only, and reports lag one month. Friday, BLS reported that search and placement employment in May was up 1.7% from April, totaling 285,000 jobs for the month. In a year-to-year comparison, May employment was up 4.6% from the same month in 2012.
About the AuthorPatrick Burnson, Executive Editor Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [email protected]
Subscribe to Logistics Management Magazine!Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!
Q4 2017 Rail/Intermodal Roundtable: Improvements apparent; work remains LM Viewpoint: Collaboration, Now more than ever View More From this Issue