Temporary help payrolls fell by 9,800 jobs in July to approximately 1.7 million, a smaller decrease than the month-over-month decline of 31,400 in June, according to seasonally adjusted numbers released Friday, August 7, by the U.S. Bureau of Labor Statistics. The temporary help penetration rate was 1.32 percent in July, compared with 1.33 percent in June.
Year over year, temporary help payrolls were down 26 percent, or 609,700 jobs.
Temporary job losses as a percentage of total job losses were 8 percent in July. Internal employment in direct hire was down 9.2 percent year over year in July and internal employment in executive search was down 12.9 percent year over year.
Total nonfarm payrolls fell by 247,000 in July. That’s down from the July 2008-July 2009 12-month average job loss of 478,000 per month.
The U.S. unemployment rate in July was 9.4 percent, down 15 basis points from June.
In construction, employment fell by 76,000 in July; that compares with the 12-month average change in employment of a loss of 88,000 per month.
In manufacturing, employment fell by 52,000 in July. It was a smaller decline than the 12-month average change in employment of a loss of 136,000 jobs per month.
Employment in the financial activities sector fell by 13,000 jobs in July. The 12-month average change in employment was a loss of 34,000 jobs per month.
Employment in education and health care rose by 17,000 jobs in July. That’s slower than the 12-month average change in employment of a gain of 32,000 jobs per month.
The college-level unemployment rate fell to 4.69 percent in July from 4.74 percent in June.
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