Hiring Is Down yet Challenges Aren’t Evenly Distributed Across Industries: June U.S. LinkedIn Workforce Report 2019

Gross hiring was down 0.9% year-over-year in May. But looking at the industry level, hiring continues to grow in the software & IT services (+6.7% Y/Y) and corporate services industries (+7.6% Y/Y). At the same time, export-producing goods industries, like agriculture and manufacturing, are facing rapid declines in hiring: manufacturing is down 5.6% year-over-year and is at its weakest since January 2018, while agriculture is down 6.7% year-over-year and is at its weakest since November 2017.