Job growth in June was bolstered by education and healthcare, adding 147,000 jobs, exceeding expectations. State and local government education, along with private healthcare and social services, contributed about 122,000 additional jobs. However, challenges persist in white-collar sectors, as professional services experienced job losses. Labor shortages in education may be causing reduced layoffs this summer, leading to potential job declines in the fall. Economists view recent job data possibly as a seasonal anomaly, suggesting volatility ahead.
"If you're not a teacher, if you're not a nurse, and you're not a doctor, you're not seeing those opportunities," Cory Stahle, an economist at the Indeed Hiring Lab, said.
"Probably what's going on here is that there were smaller-than-expected summer layoffs in the education sector, which could be about teachers or it could also be about support staff, like school bus drivers or custodial staff," Daniel Zhao, lead economist at Glassdoor, said.
An industry breakdown of payrolls shows that professional and business services, a white-collar sector, shed roles from May to June.
Those sectors alone added about 122,000 jobs in June.
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