April showers brought May jobs in a number of industries

Not only was major job growth seen across the board last month with the creation of 223,000 jobs, but wages also hiked up by 8 cents and the unemployment rate fell to an 18-year low of 3.8%.

April showers brought May jobs in a number of industries

BLS Employment Situation May 2018

Ready for summer? The labor market sure is.

Lately, it’s been more clouds than sunshine on the jobs front, meaning job growth hasn’t necessarily been bad, but it hasn’t been all that great, either.

But it might be time to break out the sunglasses and lather on some sunscreen because it looks like the clouds have cleared and given way to a brighter outlook for the U.S. labor market.

Per the latest jobs report from the U.S. Bureau of Labor Statistics (BLS), 223,00 jobs were added in May. This strong number not only surpasses economist estimates that hovered around 190,000, it’s also the most growth we’ve seen since February, even after March’s job numbers were revised up to 155,000 and April’s job numbers were revised down to 159,000. Over the past year, monthly gains have averaged 191,000, which is a sign of a solid labor market.

In addition to employment, wages hiked up, too. Average hourly earnings continued to increase, moving up by 8 cents for a total of $26.92.

The unemployment rate continued to drop, going from 3.9% to 3.8%, matching April 2000 as the lowest reading since 1969, The Wall Street Journal reported.

Gains were made across a number of sectors last month. See which industries experienced the most job growth in May:

Retail trade

Number of jobs created: 31,000

Job growth areas: General merchandise stores (+13,000), building material and garden supply stores (+6,000)

Companies hiring: David’s Bridal, Best Buy, Jos. A. Bank

Find all retail jobs on Monster.

Health care

Number of jobs created: 29,000

Job growth areas: Ambulatory care services (18,000), hospitals (+6,000)

Companies hiring: Brookdale Senior Living, Penn Medicine, Saber Healthcare

Find all health care jobs on Monster.

Construction

Number of jobs created: 25,000

Job growth areas: Nonresidential specialty trade contractors (15,000)

Companies hiring: Benderson Development Company, Webcor Builders, Michael Page USA  

Find all construction jobs on Monster.

Professional and technical services

Number of jobs created: 23,000

Companies hiring: NTT Data, Zolon Tech, Tech Mahindra

Find all professional services jobs on Monster.

Transportation and warehousing

Number of jobs created: 19,000

Job growth areas: Warehousing and storage (+7,000), couriers and messengers (+5,000)

Companies hiring: UPS, XPO Logistics, Professional Transportation

Find all transportation jobs on Monster.

Manufacturing

Number of jobs created: 18,000

Job growth areas: Durable goods, machinery (6,000)

Companies hiring: Whirlpool, Terex, Fiat Chrysler Automotive (FCA)

Find all manufacturing jobs on Monster.

Mining

Number of jobs created: 6,000

Job growth areas: Support activities for mining

Companies hiring: Southwestern Petroleum, Trinity Industries, S&L Industries

Find all mining jobs on Monster.

June’s jobs report comes out Friday, July 6, at 8:30 a.m. EST. In the meantime, you can find the top companies hiring on Monster right now.

Job search next steps

Knowing the top industries hiring is a key step in the job search process. But now it's time to get out there and get some exposure. Need some help with that? Join Monster for free today. As a member, you can get job alerts emailed right to your inbox, which cuts down on the amount of time you'd spend combing through ads. Additionally, you can upload up to five versions of your resume—each tailored to different types of jobs that interest you. Recruiters search Monster every day looking to fill top jobs with qualified candidates, just like you.