Last week, the Washington Post reported some very good and long awaited news. The highlights of the article were:
• More confident employers stepped up job creation in April, expanding payrolls by 290,000, the most in four years. The jobless rate rose to 9.9 percent as people streamed back into the market looking for work. For a helpful article from the Washington Post on this topic, click here.
• The hiring of 66,000 temporary government workers to conduct the census helped overall payroll growth last month. However, private employers — the backbone of the economy — boosted jobs, too. They added a surprisingly strong 231,000 positions last month, also the most since March 2006, the Labor Department reported Friday.
• The unemployment rate rose from 9.7 percent in March to 9.9 percent in April, mainly because 805,000 jobseekers –perhaps feeling better about their prospects – resumed their searches for work. In the last four consecutive months, and five of the last six months, the U.S. Economy has actually ADDED jobs. The employment picture is starting to look a bit better, but millions are still struggling with extended unemployment issues.
Now job openings are finally back! Get Some Free Coaching!?
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