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Jobs came back in May – and this is where they are
CareerBuilder | June 12, 2020
Every week, CareerBuilder shares real-time hiring data to provide insight into the coronavirus employment landscape.
As coronavirus cases declined in some states, and public health restrictions eased and allowed businesses to re-open, the job market started to bounce back - even if mildly. There are still jobs out there and companies continue to hire.
Here's what job seekers need to know about the May 2020 jobs report - and who's hiring near you.
- The unemployment rate declined from 14.7% to 13.3%
- Unemployment rates by demographics: whites (12.4%), Asians (15%), Blacks (16.8%), Hispanics (17.6%)
- Temporary layoff decreased from 18 million to 15.3 million
- Permanent job losers increased from 2.05 million to 2.3 million
- 70.8% of the total unemployed have been jobless 5 to 14 weeks
Top companies hiring now
What are employers looking for in this job market? Diverse candidates with unique skills, not just a list of job titles - as well as temporary workers.
Many industries are seeing an increase in job postings, with these three at top:
- Food services and drinking places rose by 1.4 million, accounting for about half of the gain in total nonfarm employment. Find jobs in food services here.
- Leisure and hospitality increased by 1.2 million - find hospitality jobs here.
- Construction employment increased by 464,000 in May, gaining back almost half of April's decline, which saw 995,000 jobs lost. Find construction jobs here.
Other industries on the rise: education and health services, healthcare, retail, manufacturing, professional and business services, finance, wholesale trade, couriers and messengers, transit, and ground passenger transportation.
To find an in-demand job near you, check out the CareerBuilder coronavirus job support center.