More good news from the latest jobs report by the U.S. Department of Labor. In February, over 300,000 jobs were added. This is the most since July 2016 and the 89th consecutive month of job gains. The unemployment rate remained at 4.1% for the 17th straight month making the labor market fuller than ever.
What does this latest report mean for the recruitment industry? It means both employers and job seekers won last month. Employers were able to create and fill enough jobs to meet the demands of job seekers and keep the unemployment rate low. Job gains across all types of industries – from manufacturing to financial services to retail – shows the economy is strong across the board.
Check out the following infographic for a breakdown of the February 2018 jobs report and subscribe to PandoLogic for the latest industry news.