BLS Update – May Employment Trends

As we dial into the May BLS jobs report, we’re looking at key takeaways and what they mean for businesses and job seekers.

272,000 Jobs Added 

In May, the BLS jobs report revealed a modest increase in job gains with main gains concentrated in health care, government, and leisure and hospitality.

4.0% Unemployment Rate 

The unemployment rate edged up slightly from 3.9% to 4.0%, the first time it has breached that level since January 2022.

62.5% Labor Force Participation Rate 

The labor force participation rate decreased slightly from 62.7% to 62.5%.

For more insights into today’s hiring landscape, click here to download LaSalle Network’s 2024 Talent Index or connect with our team today. 

About LaSalle Network

LaSalle Network is a national staffing, recruiting and culture firm with business units that specialize in accounting and finance, administrative, call center, healthcare revenue cycle, human resources, management resources, marketing, sales, supply chain, technology and executive search.

We partner with companies across the country to help find top temporary and direct hire talent and grow their teams.

Our team is here to help you find your next role or find great talent for your team. Don’t hesitate to contact us.


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