Hiring Continues to Improve….
Unemployment Figures for March 2011 will be out shortly but in the meantime the job market continues a slow and steady rebound. Over 200,000 positions were added in the private sector in March and if this trend continues we should see the overall unemployment number fall to 8.25% by the end of the year.
And fewer companies are laying off employees also another indicator that the economy is coming back. No one is expecting a big jump although that would be exciting but not anticipated. Economists predict small increases in job creation on a monthly basis and small decreases in layoffs – the combination of these two factors will help lower the unemployment numbers.
In light of all the news around the world – Japan, Middle East etc – there are still positive feelings and a belief that things are getting better.