Americans may have been divided on what color the dress was, but we can all agree that the February 2015 jobs report was a huge win. Whether you’re taking a break at the office water cooler or conversing with peers in the industry, you’ll have three conversation starters in your pocket.
CareerBuilder and Economic Modeling Specialists Intl. have released the inaugural Labor Market 150 Index, a quarterly ranking of the labor markets of the largest 150 U.S. metropolitan areas. Using historical and leading indicators, the Labor Market 150 Index provides a detailed and comprehensive picture of local job markets.
The index makes it clear that STEM industries – those reliant on workers with science, technology, engineering and math skills – have the ability to put cities on the map – literally.
U.S. employers came out swinging in the New Year with a strong January 2015 jobs report, which was released this morning. The U.S. economy added 257,000 jobs in January — more than economists had been expecting — and there were also a few other positive surprises sprinkled throughout the report
While temperatures plunged and a deep freeze gripped much of the U.S., job creation thankfully continued to thaw as evidenced by the December 2014 jobs report released this morning. It was a different story with wages, however.
As CareerBuilder CEO Matt Ferguson previously mentioned, the U.S. job market is turning a corner as caution gives way to confidence. And with that news comes news that nearly half (45 percent) of employers anticipate their organization will raise the minimum wage this year. What does this mean for you?
Change is inevitable in every aspect of life, and the same is true of a job market that’s constantly in flux. Tens of millions of U.S. workers leave their jobs each year — some quit, others are laid off — and another wave of workers slide into these open positions. A greater level of such movement, which is typically referred to as churn, is actually a positive indicator for the labor market, because churn measures the pulse of hiring activity in an economy.
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