Analyzing the Bureau of Labor Statistics’ (BLS) may employment report, The Heritage Foundation's Rea Hederman and James Sherk write:
Private-sector hiring is anemic for an economic recovery: Some 83,000 net private-sector jobs were created, but the details are worrying. First, temporary service hiring (–1,200) was negative in the month of May, indicating slackening demand for labor. Second, the number of hours worked was flat again, indicating little strength in the labor market. The payroll survey was also revised downward by 39,000 jobs for the past two months. All three of these indicators show that there is little hope for a fast labor market recovery this summer. Both employment surveys are converging and showing a labor market that has retreated over the past quarter. In the first quarter of 2011, private job creation exceeded 200,000 a month. Now the labor market is struggling to reach 100,000. Other macroeconomic indicators are slackening as GDP was also revised downward. Business hiring remains weak, and this is keeping unemployment high. Other data released by the BLS demonstrate this clearly. New hiring fell sharply at the recession’s onset and has not recovered. Job creation is still in deeply recessionary levels.