Advert employment reaches highest degree since 2001
Promoting, PR and associated providers
U.S. employment within the Bureau of Labor Statistics (BLS) classification of promoting, public relations and associated providers got here in at 496,600 jobs in Might based mostly on seasonally adjusted figures.
That places advert employment at its highest degree since March 2001, across the time of the dot-com bubble. That earlier date is noteworthy: It marked the height of the enterprise cycle and first month of a recession.
The advert market added 2,600 jobs in Might following a acquire of 1,700 jobs in April.
BLS downwardly revised the April determine from a preliminary acquire of two,100 jobs reported a month in the past.
Month-to-month promoting employment has seesawed since final fall. Staffing rose in 5 months (October, January, February, April, Might) and fell in 4 months (September, November, December, March).
This BLS jobs bucket consists of advert companies, PR companies and associated providers akin to media shopping for, media reps, out of doors promoting, unsolicited mail and different providers associated to promoting. Advert companies account for the largest portion—about 47%—of these jobs.
The job market stays unsettled with layoffs at tech companies, media corporations and a few companies.
