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3 Talking Points from the June 2014 Jobs Report

3 Talking Points from the June 2014 Jobs ReportMaybe the U.S. economy sensed the jobs report would be released around the Fourth of July and wanted to steal its thunder because this was one (surprisingly) healthy jobs report released this morning. And before you check your calendar to make sure you’re not losing your mind, yes, the U.S. Bureau of Labor Statistics did release the June 2014 report a day earlier because of the holiday weekend.

As you may know, following each month’s jobs report, we read dozens of news reports, scour the Web, and break what we find down to three key talking points you can use. Whether you’re taking a break at the office water cooler or conversing with peers in the industry, you’ll have three conversation starters in your pocket.

HERE’S THE NEWS YOU CAN USE FROM TODAY’S RELEASE:

1. Time to celebrate? Why not! Not that you shouldn’t take these numbers with a grain of salt, but since the country is in a celebratory mood already, let’s take a minute to smile at the fact that employers added 288,000 jobs in June, which was quite a bit more than the 215,000 jobs that economists had anticipated. What’s more, the unemployment rate fell from 6.3 percent to 6.1 percent, which is the lowest it has been since back in September 2008.

3 Talking Points from the June 2014 Jobs Report

2. More good news … or maybe people are just in a generally good mood. Not only were April and May’s jobs numbers revised up — a total of 29,000 jobs MORE than was originally reported by the BLS — but also I guess you could say we’re on a roll. This jobs report solidifies the fact that we now have the “best five-month stretch of job creation” in about eight years. As one economist told The Wall Street Journal: “This is one welcome Fourth-of-July report for the outlook. [The 288,000 new jobs] are just the fireworks the economy needs to brighten up.” Um, if you say so, sir.

3 Talking Points from the June 2014 Jobs Report

3. Yay for lower wage jobs! (Wait, what?!) You heard that right. This jobs report shows that lower-wage sectors are winning when it comes to job creation each month. For instance, retail added more than 40,000 jobs and leisure/hospitality added 39,000. Some of the higher-wage sectors such as manufacturing and construction are running the race a little bit slower, with 16,000 and 6,000 respectively.

In case you’re looking for handy, easily digestible charts from the just-released jobs report, Quartz has some with highlights.

Don’t miss the jobs report buzz! Follow us on Twitter @CBforEmployers and live tweet with us starting at 8:30 a.m. EST on the first Friday of every month as part of #JobsFriday.

Did you miss the MarchApril and May jobs report breakdown? It’s never too late to catch up on some economy-related reading.

Deanna Hartley

About Deanna Hartley

Deanna Hartley is a senior copywriter and community manager on the creative services team at CareerBuilder, where she writes about issues that are top of mind for employers and recruiters – including talent acquisition, employee engagement and retention. An avid social media user, Deanna is the face behind @CBforEmployers on Twitter as well as CBforEmployers’ Facebook and Instagram pages, so it’s easy to stay connected with her. Prior to joining CareerBuilder, Deanna was a senior editor for the Human Capital Media Group, publishers of Talent Management, Chief Learning Officer, Diversity Executive and Workforce Management magazines. Deanna holds a master’s degree from Northwestern University’s Medill School of Journalism. She loves caffeine, social media, pop culture and dogs – though not necessarily in that order.
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