Falling employment in personnel services
June 04, 2002
After nearly a decade of unparalleled growth, the number of jobs in business services peaked in September 2000 and then began the steepest job loss in the 43-year history of the industry. As both the largest employer and the weakest component, personnel supply services has driven the recent job decline in business services.
Employment in personnel supply services posted its largest annual decline in absolute terms, down 459,000 or 12 percent, between September 2000 and September 2001. Job losses were concentrated in help supply services, an industry that primarily provides temporary workers to other businesses. Employment agencies—the other component of personnel supply services, which includes intermediaries that match employers with employees—also showed job losses, but to a lesser degree.
Payroll employment data are products of the Current Employment Statistics program. For additional information, see Employment in business services: a year of unprecedented decline, by Rachel Krantz, Monthly Labor Review, April 2002.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Falling employment in personnel services on the Internet at http://www.bls.gov/opub/ted/2002/jun/wk1/art02.htm (visited July 23, 2016).
Recent editions of Spotlight on Statistics
A look at healthcare spending, employment, pay, benefits, and prices
As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.