The annual CareerCast.com Jobs Rated report generates plenty of buzz and controversy each year it is published. It rates the best and worst jobs based on salary, environment, and outlook, along with 11 stress factors to determine which professions are the most and least desirable.Read More
Employment figures reported for April 2016 remained positive, but shy of the lofty gains made in recent months. How might this impact your hunt heading into summer, as the job market heats up commensurate with the temperature?
In the last half-decade, April has ushered in the month-over-month growth typical of the spring and summer months with some of the bigger job gains seen all year, including a 346,000 job increase in 2011 and 310,000 in 2014. The reported 160,000 new jobs added to the American economy this April total the lowest single month gain posted yet in 2016.Read More
Yet another economic component the Great Recession negatively impacted shows signs of improvement. The revised, fourth-quarter 2015 GDP of 1.4% outpaced estimates and finished the year on a decided upswing.
The momentum of 2015 has continued into 2016, with consumer spending up -- albeit at a small rate -- per Gallup survey data.
So what does that mean for the job market?Read More
Positives can and should be gleaned from improved labor market numbers, but a return to pre-recession employment percentages do not indicate a complete recovery from the worst economic slump since the Great Depression.
Reintegrating workers who stopped looking or couldn't look for employment altogether is the next phase in the job market recovery, which Five Thirty Eight's Ben Casselman addresses in his column.Read More
U.S. Department of Labor employment numbers for February 2016 far exceeded economist expectations. The labor market added around 242,000 jobs for the month, more than 50,000 than the month's projection. Revisions to the December and January totals were also announced Friday.
Despite stock market turbulence and tumbling oil prices -- or perhaps because of those factors -- the strong February hiring numbers are the best indicator yet that the 2016 job market is friendly to seekers.Read More