Asked by Anonymous
How is the job market right now? are there any jobs out there?
According to the Bureau of Labor Statistics, the unemployment rate was 8.2% in March and 120,000 non-farm jobs were added to the economy.
From December 2011 through January 2012, employment had risen by an average of 246,000 jobs per month.
Learn more about the employment situation in March.
From the Department of Commerce:
The employment report for March 2011 provides excellent news: private payrolls grew by well over 200,000 for the second consecutive month and the unemployment rate ticked down to 8.8%. Additionally, nonfarm employment was revised upward by 5,000 in January and by 2,000 in February. The widespread job gains in March add to other positive signs about the labor market, including the continued drop in new claims for unemployment insurance. Overall, this month’s report is a very good one that signals ongoing job growth.
Read more details on employment report from the Department of Commerce’s Under Secretary for Economic Affairs, Dr. Rebecca Blank.
Image description: Chart showing employment rates from 2007 to 2011.