The fact that companies are growing to the point that they need to invest in support services again is a sign that things are slowly turning around.
Pasadena, CA (PRWEB) March 14, 2013
The U.S. economy added 236,000 jobs in February and the unemployment rate dropped to 7.7 percent, according to the latest jobs report by the Bureau of Labor Statistics. The greatest job gains were in professional and business services, which added 73,000 jobs last month. The latest figures reflected hiring trends in administrative and support services on Granted.com.
The labor market continued to recover last month, based on job figures released by the Bureau of Labor Statistics. Total nonfarm payroll employment rose to 236,000 and the jobs gains were sizeable enough that the unemployment rate fell to 7.7 percent. February was a particularly a strong month for the professional and business service sector, which added 76,000 jobs. Administrative support service made up the lion’s share of those employment gains, adding 44,000 jobs last month. Of significance is the fact that employment service jobs are included in jobs data for the administrative sector. The fact that job growth in that industry contributed nearly two thirds of the overall employment gains for that sector suggests that companies are experiencing greater activity in hiring and recruiting, resulting in the growing demand for employment services.
The BLS figures reflected current hiring trends on Granted.com, a leading job site. Employment demand in administration and support services has been strong for the past few months. As of the time that this release was written, 131,760 administrative jobs were listed on the site. The employers covered a wide swath of sectors, from health care and the financial sector, to technology companies and schools.
“The fact that the service sector is making a comeback points to an overall improvement in the labor market,” said Harrison Barnes, CEO of Granted.com. “Professional and business services are often one of the first areas where companies shed jobs when times are rough. Employers will learn to streamline their processes and make do with less people. The fact that companies are growing to the point that they need to invest in support services again is a sign that things are slowly turning around.”
Granted.com is a job search site based in Pasadena, CA. It is a part of the Employment Research Institute and owned by A. Harrison Barnes.