The latest jobs report from the U.S. Department of Labor has been released, and despite the partial government shutdown spilling over into the new year, the current report shows a strong start to 2019. With 304,000 jobs added across various industries, most notably Hospitality and Leisure with 74,000 positions, the economy seems to be doing […]
According to the latest jobs report from the US Department of Labor we end the year with a surge in job growth. The economy added 312,000 jobs in December, more than expected, and the unemployment rate rose to 3.9%. Check out the following overview of the December 2018 US Jobs Report.
The latest jobs report from the US Department of Labor shows signs of a slowing but strong labor market. The economy added 155,000 jobs in November, fewer than expected, and the unemployment rate remained steady at 3.7%. The labor force participation rate also remained unchanged, but the number of people who had looked for a […]
The latest jobs report from the US Department of Labor shows job growth exceeded expectations in October and year-over-year wage gains increased past 3% for the first time since the Great Recession. 250,000 new jobs were created, well ahead of estimates of 190,000, and the unemployment rate at 3.7% is the lowest since December 1969. […]
According to the US Department of Labor, the unemployment rate fell to a 49-year low in September. At 3.7%, this is the lowest unemployment rate since December 1969. However, only 134,000 new jobs were created in September, falling short of the estimated 185,000 new jobs. Leisure and hospitality lost 17,000 jobs, suggesting Hurricane Florence was […]
Whether the economy is boom or bust, every penny matters for recruiters and talent acquisition professionals on a budget. From time-to-hire to cost-per-hire, KPIs must be consistently met while sticking to the agreed-upon allowance. A recruiting budget is essential because companies must understand how much they are willing to spend per candidate and how to […]
About three decades ago, freelancers and independent contractors made up only a small fraction of the American workforce. While the Bureau of Labor Statistics struggles to count precisely how many Americans work in what’s called the “gig economy,” a 2017 study by global freelancing platform, Upwork estimates that currently, 57.3 Americans engage in some kind […]
On April 1, 2016, the U.S. Bureau of Labor Statistics reported that employment was up by 215,000 new jobs for the month of March. Unemployment, which was at 5 percent, experienced little change from February. The Wall Street Journal had predicted results that were nearly identical, so there was little surprise among economists. The biggest […]