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U.S. Jobs Outnumber Jobless For First Time in 20 Years

Jun 6, 2018 (BE2C2) — For the first time in 20 years, there are more job openings in the United States than there are job seekers, the Department of Labor said. The department said Tuesday job openings in April reached a record high of 6.7 million as compared to December 2017 figureĀ  of 5.996 million which increased to 6.55 million in May. Openings in April increased the most in durable goods manufacturing and information — while jobs in finance and insurance decreased as compared to March. JLL Research report releasedRead More


U.S. Unemployment Rate Matches Historic Low As Payrolls Rise

Jobless rate fell to 3.8% to match April 2000 as the lowest since 1969 Jun 1, 2018 (BE2C2) — Last month, the United States added 223,000 jobs beating forecasts and the unemployment rate matched its lowest level in five decades, the Labor Department said Friday. The Bureau of Labor Statistics said in its report employment edged up in the retail, healthcare and construction sectors. Retail trade added 31,000 jobs while manufacturing added 18,000. The construction industry, often a key contributor to U.S. workforce growth, gained 25,000 jobs. Healthcare jobs increasedRead More