December 2014 was another good month. US unemployment figures edged down in December from 5.8% to 5.6%, and US Manufacturing ended the year strong with an increase in activity. With continued growth in consumer sales and production demands along with an increase of backlogged orders, companies are in need of superior talent in order to meet their customers’ needs. The labor department reported that US manufacturers added 17,000 jobs in December and averaged an increase of 16,000 jobs per month in 2014, which represents significant increase in employment from 2013. As we move closer to the employment numbers that the government considers “full employment”, we are going to see salaries increase in 2015. It’s going to take more for companies to attract and maintain the talent they need to be successful.
Bruce Peacock
Vice President of Business Development
The Richmond Group USA