2020 Job Market

2020 Job Market

According to a recently published Forbes article- 225,000 jobs were added to the US economy in January 2020, far more than the expected forecast. January marked the 100th consecutive month of continuous job gains. Perks of the job are also improving, as wages have increased 3.1% compared to this time last year.

The ‘labor force participation rate’, people seeking work or actively engaged in the job market, has risen to the highest level in seven years. Some specific industries that continue to grow in terms of open jobs and employment rates are hospitality, retail, construction and healthcare.

If you’re considering taking the next step in your career or considering stepping in a brand new direction, now is a great time to consider a change. Working with recruiting firms, like iWorld Professionals, can boost your chances by matching you with the role of your dreams and assisting you every step of the interview process.