Some Industries Faring Well Despite Increased Unemployment Rate, Report Says

The finance and accounting, professional and business services, temporary and healthcare industries are examples of those that fared well in June despite an increase in the unemployment rate, according to June’s monthly economic report released by Accounting Principals, a finance and accounting staffing firm. The unemployment rate now stands at 9.2 percent, according to the Bureau of Labor Statistics.

Highlights of the report include:

  • The accounting and bookkeeping industry showed signs of slight growth with an addition of 2,200 jobs. However, financial activities saw a loss of 15,000 jobs.
  • Professional and business services added 12,000 jobs in June and remains one of the most watched industries because it has been a leading indicator of overall private sector growth.
  • The temporary sector lost 12,000 jobs in June and will most likely remain close to its current level until demand picks up.
  • Healthcare added 13,500 jobs in June. On average, the sector has added 24,000 jobs a month in the past year.

For more information and analysis, click here to view the report.

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