News May 2017 Volume 2
Workforce Specialists Analytics Newsletter
Wage growth is still ticking up (slowly) as the labor market continues to tighten.
Manufacturing output is up again, but that does not automatically mean more jobs: the manufacturing sector added a very modest 6,000 positions last month, down from 13,000 in March. And producers of durable goods cut 3,000 jobs.
Warehousing and Storage sector, which includes fulfillment centers that process online orders, added 2,500 jobs, accelerating from just 300 job additions in March (Bureau of Labor Statistics).
Number of job openings continue their growth trend (see chart). So do number of 'quits,' another sign of a tightening labor market.
Positive drug test results are increasing (see chart), adding to an already challenging market for qualified labor.
Keith Wisner, Vice President - Workforce & Supply Chain Analytics.