29 June 2012

∙ U.S. Payrolls Increased in May...but Not in Manufacturing


Private wage and salary disbursements increased $1.1 billion in May, compared with an increase of $5.3 billion in April.

Goods-producing industries' payrolls decreased $7.0 billion, in contrast to an increase of $5.6 billion; manufacturing payrolls decreased $4.5 billion, in contrast to an increase of $3.2 billion.

Services-producing industries' payrolls increased $8.3 billion, in contrast to a decrease of $0.4 billion.

Government wage and salary disbursements increased $0.3 billion, compared with an increase of $0.4 billion.

Source: USDOC


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