Merito Group is a boutique recruitment firm and our team of experienced Executive Recruiters have thousands of successful placements under their belt because they take the time to get to know you, your company/ division /department’s needs as well as our candidates’ personal interests and goals through a thorough in-person interview process, making sure that we get to know the person we are assisting in their job search. We were very pleased therefore, at the news released this week in regards to the newly released employment rates figures here in the US.
Hiring at private U.S. employers grew more than expected in February, according to a report.
Firms across the country added 235,000 workers in February, according to payroll processor Automatic Data Processing Inc. and forecasting firm Moody’s Analytics.
Economists surveyed by The Wall Street Journal had expected the addition of 200,000 jobs.
“The labor market continues to experience uninterrupted growth,” said Ahu Yildirmaz, vice president and co-head of ADP Research Institute, in the report. “We see persistent gains across most industries with leisure and hospitality and retail leading the way as consumer spending kicked up.”
Still, natural resources and mining added only 2,000 jobs and the information sector posted a 1,000 job decline.
The January figure was revised up to 244,000 from 234,000.
The ADP report is based on private-payroll data in addition to government data.
Still, the report raised concerns over employee shortages given the low unemployment rate.
To read the complete article from Austen Hufford at the Wall Street Journal, please click here.
Merito Group is a small women-owned business providing excellence in outsourced talent acquisition solutions including retained executive search, RPO, and consulting services. Looking to hire exceptional talent? Contact us by email or 703-734-6340. To view our current career opportunities click here.