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Industry Report

Leisure and Hospitality added considerable numbers to the job market in May 2023

Home » Industry Report » Leisure and Hospitality added considerable numbers to the job market in May 2023

May 2023 Jobs Report

Total Non-Farm payroll employment increased by 339,000 in May, and the unemployment rate rose by 0.3 percentage point to 3.7 percent. Job gains occurred in professional and business services, government, health care, construction, transportation and warehousing, and social assistance.

In May, the number of persons jobless less than 5 weeks edged up by 217,000 to 2.1 million, partially offsetting a decrease in the prior month. The number of persons jobless 15 to 26 weeks increased by 179,000 to 858,000 in May. The number of long-term unemployed (those jobless for 27 weeks or more) was essentially unchanged at 1.2 million and accounted for 19.8 percent of the total unemployed.

Total Jobs Added*

(* Non-Farm Jobs Only)

Unemployment Rate

(Increased by .3% since April)

Industry-Specific Updates
– May 2023

+64,000

Professional & Business Services

Scientific, and technical services +43,000
Job growth positive

+48,000

Leisure and Hospitality

Food services and drinking places + 33,000
+77,000 Jobs per month over the last 12 months

+52,000

Healthcare

Ambulatory health care +24,000
Hospitals +20,000
Nursing and residential care +9,000

+24,000

Transportation & Warehousing

Transportation +12,000
Couriers and messengers +8,000
Air Transportation +3,000

+25,000

Construction

Heavy and civil engineering +11,000

Additional Growth Sectors

Social assistance + 22,000
Government employment +56,000
Construction +25,000

Among the major worker groups, the unemployment rates for adult women (3.3 percent) and Blacks (5.6 percent) rose in May. The jobless rates for adult men (3.5 percent), teenagers (10.3 percent), Whites (3.3 percent), Asians (2.9 percent), and Hispanics (4.0 percent) showed little change over the month.

Source: The US Bureau of Labor Statistics

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