Salaries Trending Up Again
US unemployment edged down to 5.5% in February. Manufacturers added over 8000 new jobs. Even as the strength of the US Dollar has cut into global profits, there continues to be an increase in new orders and production numbers. We should continue seeing growth in manufacturing employment. Salaries are starting to rise again, and as companies continue to grow that trend will need to keep pace in order for companies to keep and attract the talent they need to reach their goals.
Bruce Peacock
Vice President of Business Development
The Richmond Group USA