Employment News
U.S. Service Sector Grows for 2nd Straight Month
By victor | Dated: 03-04-2010
The U.S. service sector, which makes up about 80 percent of all U.S. jobs, showed growth for a second straight month in February, according to the Institute of Supply Management.The ISM’s index registered a 53 February, which was up from 50.5 in January and is the highest since January 2008. Anything over a 50 in the ISM index constituted growth in the sector.
While that is certainly positive news, the concern remains that the non-manufacturing sector is still shedding jobs.The 48.6 registered by ISM’s sub-index for employment was four percentage points better than in January, but it’s still down on a month over month basis.
Career Connect (From our other career blogs):
- Employment News (Sponsored by EmploymentSpectator)
- Following Your Passion-Literally! (Sponsored by iamnotastalker.com)
- Job Search Advice from the CEO of TravelingCrossing (Sponsored by aharrisonbarnes.com)
- Layoff News (Sponsored by LayOffWatch)
Sign Up now
Only TravelingCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.
- We have more jobs than any other job board.
- We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
- We collect jobs from more than 4,429,376 websites and post them on our site.
- We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.
