Total employment in the U.S. grew by 163,000 positions in July as the unemployment rate grew from 8.2 to 8.3 percent, according to the Labor Department. Forecasts by economists estimated only 100,000 jobs would be added during the month. Job growth was at its highest level in five months, and if trends hold, could signal the beginning of a more robust period of job growth going into the end of the year.
Month: August 2012
Recruiter Survey Shows an Increasingly Candidate-Driven Market
Employment markets are most often measured by unemployment, a quintessential macroeconomic indicator. Yet, on the microeconomic level — the level that all companies work on — it is an indicator that is far from representative. In today???s economy, the headline unemployment number is perhaps less representative than ever before.