If your company’s planning to hire this year, you’re not alone. The labor market is in a streak of record growth, with 101 straight months of job growth as of February. Unemployment rates have fluctuated between 3.7 and 4% for a year, which is the lowest percentage since 1969. And in some states, the unemployment rate is as low as 2.4%. Keep reading to understand what the tight job market may mean for your company.
What the Current Job Market Means for Your Company #infographic
If your company’s planning to hire this year, you’re not alone. The labor market is in a streak of record growth, with 101 straight months of job growth as of February. Unemployment rates have fluctuated between 3.7 and 4% for a year, which is the lowest percentage since 1969. And in some states, the unemployment rate is as low as 2.4%. Keep reading to understand what the tight job market may mean for your company.
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