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US - Temp jobs edge higher, penetration rate unchanged

August 02 2013

Temporary help services job in the U.S. rose by 7,700 in July on a seasonally adjusted basis to almost 2.70 million, according to data released Friday by the U.S. Bureau of Labor Statistics. The month-over-month increase of 0.3 percent represents little change.

In addition, the year-over-year growth rate for temp jobs in July eased from June and was down from July 2012 (see chart below).

The temporary penetration rate was 1.98 percent in July, unchanged from the revised rate for June. The temporary penetration rate measures temp employment as a percentage of total U.S. jobs.

Total nonfarm employment rose by 162,000 for total employment of approximately 136.0 million. The U.S. unemployment rate fell to 7.4 percent in July from 7.6 percent in June.

College-level unemployment also ticked down to 3.8 percent in July from 3.9 percent in June.

Click on charts below to enlarge.

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