Jobs creation rebounded last month with U.S. employers adding 261,000 in October. This resulted in the unemployment rate dropping to 4.1%, its lowest level since December 2000.
However, this was not a totally joyful scenario according to most economists, who expected 315,000 new jobs last month.
Unfortunately, as I shared … Read More
One of the major tools governments are now employing to recruit new jobs, companies and industries is “cash incentives.” This was a major part of Wisconsin’s successful $3 billion recruitment effort of technology giant Foxconn Technology Group that won over other more lucrative recruiting efforts such as Michigan’s 27% … Read More
The Labor Department reported this morning that U.S. employers lost 33,000 jobs last month. This was their first loss in seven years ending a streak of 83 straight months of adding new jobs, which was the longest stretch of job growth ever! Additionally, workers’ wages only gained 12 cents, or … Read More
Total job recruiting reported by the Labor Department this morning slowed last month with only 156,000 new jobs being created last month. This caused the unemployment rate to rise to 4.4% from the previous month’s 16-year low of 4.3%!
This contrasted with most economist predictions of 179,000 new jobs being created … Read More
Manufacturing is growing according to the latest ISM report. This has led to more manufacturing job creation and recruiting of key talent! The overall job market also grew last month according to today’s Labor Department report with 209,000 new seasonally adjusted jobs added in July. This caused the unemployment rate … Read More
The Labor Department reported this morning that 222,000 new jobs were added by U.S. employers last month. Unfortunately, the unemployment rate also rose .1% to 4.4% as more workers joined the labor market. The past two months jobs figures were also revised upward with April’s job number increased to 207,000 and … Read More
As I shared in my last article VR or Virtual reality is a booming field that is growing exponentially. Because of this meteoric rise, technical, engineering, scientific, IT and R&D recruiters and recruitment firms are having a difficult time recruiting all the talent to fill open job orders. This is … Read More
One technology area that has been booming lately is VR or Virtual reality. A recent report from SuperData Research says that virtual reality technical, engineering, scientific, IT, Research and Development (R&D) and manufacturing innovation and technology investments will top $4 billion this year! This is confirmed by regular media mentions … Read More
As I shared in my last article, the Labor Department reported in their most recent jobs report that employer recruiting increased in April with 211,000 new hires. This caused the unemployment rate to fall to 4.4%, its lowest level in nearly a decade! One area that exemplifies this hiring growth … Read More
The Labor Department reported this morning that, after a sluggish March, employer recruiting accelerated again in April with 211,000 new jobs created. This caused the unemployment rate to fall to 4.4%, its lowest level in nearly a decade! Unfortunately, the U.S. economy only grew at a 0.7% annual pace and … Read More
