May Report Shows New Job Growth, But Many Still Seek Employment

Published 06/06 2014 06:51PM

Updated 06/06 2014 07:09PM

SPRINGFIELD, Mo. -- The new May jobs report reveals that the U.S. has finally added more jobs than we lost during the recession.

Missouri State Economics Professor Dave Mitchell says not all jobs are created equal and there are still plenty of people looking for work.

Navy veteran Jacob Schexsnayder is hoping his military service will pay off in his job hunt. On this day he's at an OTC job fair aimed at helping veterans.

“I'm going to look to go to the tactical industry,” says Schexsnayder. “Most of the jobs I've went after since I've been out they really look at my service as a positive, reliable, he'll be there daily. They look at you as already being a conditioned worker.”

Schexsnayder has been bolstered by May’s job numbers. The report says we've gained back as many jobs as we lost in the recession.

“That along with my degree I just obtained, I feel like my chances are pretty good,” says Schexsnayder.

Schexsnayder just graduated and wants to go into manufacturing.

“I like to be able to design and make anything you can think of digitally,” he says. “Design it and manipulate the material to create it.”

“I’d really like to work for a knife company,” he says.

Missouri State University Economist Dave Mitchell says it's not bad to be optimistic, but when you look at these job numbers you have to be realistic

“Most of the jobs that have come have been in lower wage things they've been in retail and service industry sectors so we've lost a lot of manufacturing, construction, a lot of the high tech jobs,” says Mitchell. “So we're replacing these jobs we had that were fairly good wage paying jobs some manufacturing, some high tech jobs and we've replaced them with people working at Walmart and flipping burgers.”

Mitchell says he needs more of a trend than just what happened in the month of May to convince him.

“People are going to spin this as a good thing,” he says. “To me, it is just a sign of how weak and anemic the recovery really is.”

The construction industry sent out May jobs numbers Friday, which show 6,000 workers were added to the payroll in May. That’s the highest total since June 2009.
The unemployment rate for that industry had declined to 8.6 six percent.

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