Atlanta, GA (PRWEB) July 30, 2014
The number of jobs added in the financial activities industry reached 17,000 for the month of June, a significant increase over previous months.
According to numbers published by the Department of Labor earlier this month, job gains for the financial activities sector include 9,000 jobs in insurance carriers and related activities. Real estate, rental and leasing also continued to trend upward with 9,000 jobs added in June.
Over the past 12 months, the financial activities industry has added an average of 5,000 jobs per month. In May 2014, only 3,000 jobs were added.
Since reaching an employment low point in February 2011, the financial activities sector has added 269,000 jobs, which translates to 37 percent of the jobs lost between December 2006 and February 2011.
Over the past year, the unemployment rate for the financial sector has decreased by 0.3 percent, which translates to 22,000 unemployed persons.
Across all industries, the total number of nonfarm payroll employment increased by 288,000 in June, while the unemployment rate declined to 6.1 percent. Job gains were widespread, led by employment growth in professional and business services, retail trade, food services and drinking places, and health care.
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