Friday, December 7, 2018

Impact of November Jobs Report

The November Jobs Report was released today.  While not as robust as anticipated, unemployment remained at 3.7% which is the third consecutive month for this historically low rate.  The number of new jobs create doubled the number of new hires made.

Hiring managers need to be realistic about the pool of candidates available in such a strong job market. Options to fill open jobs might include offering training programs, considering candidates with transferable skills, and/or engaging staffing firms to find the best talent available.

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