Employment

I will also throw this out from the ISM report.

Employment

Employment activity in the non-manufacturing sector increased at a slower rate in March compared to February. This was the 32nd consecutive monthly increase in non-manufacturing employment. ISM’s Non-Manufacturing Employment Index for March is 50.8 percent, a 1.4 percentage point decrease from the seasonally adjusted 52.2 percent reported in February. Eight industries reported increased employment in March, six reported a decrease, and three indicated employment is unchanged from February. Comments from respondents include: “Negative outlook on the economy”; “Open positions filled”; and “Last hiring spree before economic slowdown.”

The industries reporting growth in employment in March are: Arts, Entertainment & Recreation; Other Services*; Transportation & Warehousing; Utilities; Retail Trade; Educational Services; Wholesale Trade; and Public Administration. The six industries reporting a reduction in employment in March are: Accommodation & Food Services; Management of Companies & Support Services; Real Estate, Rental & Leasing; Construction; Health Care & Social Assistance; and Professional, Scientific & Technical Services.

Employment %
Higher
%
Same
%
Lower
Index
March 2007 17 69 14 50.8
February 2007 18 65 17 52.2
January 2007 15 69 16 51.7
December 2006 17 71 12 53.2