Unemployment [4.8%]
According to U.S. Bureau of Labor Statistics the unemployment rate rose to 4.8% from 4.7% in December.
Unemployment Rate 2016Jan 16Feb 16Mar 16Apr 16May 16June 16July 16Aug 16Sept 16Oct 16Nov 16Dec 16Jan 174.54.64.74.84.95.05.1%JS chart by amCharts
Unemployment Rate
Job Openings [227,000]
Job openings rose to 227,000 in January from 157,000 in December, almost a 45% increase in one months time.
Job Openings 2016Jan 16Feb 16Mar 16Apr 16May 16June 16July 16Aug 16Sept 16Oct 16Nov 16Dec 16Jan 17Month100,000150,000200,000250,000300,000350,000# of Openings JS chart by amCharts
Job Openings
Hire Rate [3.6%] & Quit Rate [2.0%]
Throughout 2016 the hire rate fluctuated between 3.5% and 3.8%, ending the year at 3.6% and the quit rate fluctuated between 2.0% and 2.1%, ending the year at 2.0%
undefinedHire & Quit Rates 2016JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecemberMonth1.52.02.53.03.54.0%JS chart by amCharts
Hire RateQuit Rate
Temporary Employment Services Market Trends:
Temporary help services employment rose in January, 0.5%, with an increase of 14,800 new jobs after facing a .52% decline in December 2016. YOY temporary help employment was up 3.3%, which is the fastest growth rate since December 2015, with monthly job increases averaging about 7,800 within the past year.
Temporary help services employment rose in January, 0.5%, with an increase of 14,800 new jobs after facing a .52% decline in December 2016. YOY temporary help employment was up 3.3%, which is the fastest growth rate since December 2015, with monthly job increases averaging about 7,800 within the past year.
*Bureau of Labor Statistics, U.S. Department of Labor, Disclaimer, on the Internet at www.bls.gov
