Looking for a Job? June 2023's Hottest Industries
The ADPⓇ Their most recent report states that in June 2023, 497,000 new jobs were created by private employers.
The ADPⓇ National Research Institute, the world’s leading job market research center, released profound data on the current job market in 2023. Their most recent report states that in June 2023, 497,000 new jobs were created by private employers.
This is a significant jump from the 267,000 created in May and the 220,000 they initially estimated for June. If you’re on the hunt for a new role, pay close attention to these thriving industries.
Industries to Look Into
The following industries saw the greatest growth in June 2023.
Leisure and Hospitality
The leisure and hospitality industry saw the greatest growth in June, creating 232,000 new jobs. This includes roles like hotel management, event planning, airport staff, housekeeping, and guest service coordinating.
To find roles in the leisure and hospitality industry, use job search engines like:
Construction saw the next highest jump in openings, increasing by 97,000. This includes roles like field engineers, inspectors, construction site managers, and equipment operators.
To find roles in this industry, consider searching on:
Trade, Transportation, and Utilities
The trade, transportation, and utilities industry includes jobs like electricians, commercial drivers, HVAC technicians, plumbers, and refrigeration mechanics. This industry brought in 90,000 new jobs in June, and some of the industry’s sub sectors are growing at higher-than-average rates of 9.62% year over year.
To find jobs in this industry, check out:
You can also reach out to local businesses — like local HVAC companies, independent electricians, and plumbers — to see if they’re hiring full-time workers or looking for seasonal contractors.
Education and Health Services
The education and health services industry added 74,000 jobs to the market in June, maintaining an unemployment rate below the national average. This industry supports roles like ambulance workers, nurses, hospital staff, teachers and professors, and school support staff.
To find roles in education, check out sites like:
You can also search for your state’s database of open public school positions. Similarly, most local school districts have an active list of open positions on their website.
To find roles in the health services industry, check out sites like:
You can also view the job boards at individual hospitals, care facilities, and other medical offices directly on their website. This allows you to tailor your search to specific facilities you’re especially interested in.
Natural Resources and Mining
The natural resources and mining industry saw 69,000 new openings in June, including roles like geologists, scientists, and mining engineers. With average hourly earnings of $38, it’s a solid industry to dive into if you have the skills and experience.
Where Jobs Were Lost
Not all industries are thriving right now. In fact, some industries have seen massive dips in employment opportunities. That said, according to ADP, the South Atlantic region of the United States still sees the highest number of open roles despite dips in the overall market.
The manufacturing industries lost 42,000 jobs in June. This includes roles like welders, woodworkers, quality control specialists, and power plant operators.
The information sector lost 30,000 jobs, including roles like information technicians, support specialists, security specialists, and computer programmers.
The financial activities industry, which includes jobs in banking, consumer finance, insurance, and real estate, lost 16,000 jobs in June.
Professional and Business Services
Professional services like management, administrative support, and customer service saw a smaller drop than other industries, losing just 5,000 jobs in June.
Can Employers Check Your Credit?
Simply put, yes — employers can check your credit report as part of the background check conducted for a position. Typically, this is only for roles where you may be handling sensitive financial information, company data, or company funds. This is because your credit report may reveal certain behaviors that suggest financial mismanagement.
That said, if an employer decides to run your credit, they must let you know beforehand. This is a law put into place by the Fair Credit Reporting Act.
If you’re on the hunt for a new role, and you’re concerned about the information an employer may find if they run your credit, consider the following steps.
Get a Copy of Your Credit Report
Beat your employer to it. Grab a copy of your credit report from a site like True Finance so you’re aware of what’s on it. If there’s any inaccurate information, make sure to dispute it. This allows you the opportunity to speak to your past experiences, explain past financial mismanagement upfront, and clear any doubts your employer may have if they run your credit.
If You Need to Consolidate, Consider a Personal Loan
If your credit history is muddied with various debts, debt consolidation might be a solid option for you. Personal loans have an average interest rate of 11.48% for 24-month plans, while credit card interest rates can be well over 20%. If you have a low credit score, check out Lendible. If your credit score is on the higher side, take a look at Credible.
Debt consolidation can help you catch up on your debt, get ahead on payments, and save on interest. This can help you remove “bad debt” from your credit history faster than before. To begin the process, look at your personal loan options and decide if debt consolidation is right for you.