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 December 07, 2016).
Recent editions of Spotlight on Statistics
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.
A look at healthcare spending, employment, pay, benefits, and prices
Spending on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Self-employment in the United States
Trends in self-employment by various demographic and socioeconomic characteristics, including both the unincorporated and the incorporated self-employed, as well as data on paid employees who work for the self-employed.