These industries are starting off the year with great job growth

The first jobs report for 2018 signaled a strong start to the year, with solid increases to jobs and wages.

These industries are starting off the year with great job growth

January 2018 BLS Jobs Report

January was a great month for jobs.

January was a great month for jobs.

Wait, did we say that already? We’ll just blame it on Groundhog’s Day, a holiday that happens to fall on another holiday: Jobs Day, celebrated once a month with the release of the Bureau of Labor Statistics’ jobs report. Coincidence?

Well, Punxsutawney Phil saw his shadow, which typically means more winter, but this time around, perhaps it means more jobs and higher pay, too.

According to the report, an even 200,000 jobs were created last month, just above economists’ predictions that hovered around 180,000. Additionally, the unemployment rate remained at a 17-year low of 4.1%.

What’s more is that average hourly wages are increasing at the fastest pace since the recession. In January, wages rose by another 9 cents—after following an 11-cent increase in December—now totaling $26.74.

So where did the most job growth occur in January? Try construction, food services, health care, and manufacturing.

With the creation of 36,000 jobs, construction was the biggest job-growth sector last month, with most of the increase occurring in specialty trade contractors (+26,000) and residential building construction (+5,000).

Employment in food services and drinking places also saw huge gains, having added 31,000 jobs. This coincides with the latest edition of the Monster 100—our weekly roundup of companies with the most new job listings on Monster—with Aramark and Sodexo both sitting high on the list.

Of course, health care, a mainstay sector on the BLS’s monthly jobs reports, saw great growth last month, too. The report showed that employment moved up by 21,000, with the majority of these jobs found in hospitals (+13,000). To coincide with that news, Brookdale Senior Living and Kindred Healthcare both cracked the top 10 on the Monster 100.

Manufacturing continued its upward trend, seeing gains of more than 15,000 jobs in January. Additionally, the durable goods industry added 18,000 jobs. This comes as no surprise to us, as a lot of manufacturers appear on the Monster 100 this week, including Ford Motor Company, Trumpf, Brooks Automation, and Magna International.

And not to repeat ourselves (again!), but a couple of revisions were made to November’s and December’s jobs reports. Job creation in November changed from 252,000 to 216,000, while December’s numbers increased from 148,000 to 160,000.

February’s jobs report comes out Friday, March 9, at 8:30 a.m. EST. In the meantime, you can find jobs in all industries on Monster.