The employment situation for December 2014 was released on Friday January 9th. Friday’s release puts a capstone on a successful 2014. It caps off a year filled with many months that had well over 200,000 jobs created. Many industries are growing and those industries are contributing to a steady flow of jobs that we believe will extend far into 2015.
On Friday it was indicated that the unemployment rate dropped to 5.6%. For the 2014 calendar year, the average monthly upside in jobs created in the US economy was 246k that is 52k more per month on average than 2013 at 194k per month.
A notable improvement came in manufacturing with 2014 growth set at 16k per month average gains 7k per month for 2013.
As a recruiter in Boston, we are seeing many other industries put up some big numbers in jobs including leisure and hospitality, professional and business services, healthcare and construction. Like we have said before; there are cranes everywhere we turn.
If your company is growing and is in need of great talent, we would welcome that opportunity to discuss your hiring plans and how we can help you in 2015.