FirstPRO 360 News
Top Gun for Talent Q3-2022
Posted: Aug. 10th, 2022 at 2:40 pm under General
According to Reuters, U.S. employers hired far more workers than expected in June and continued to raise wages at a steady clip, signs of a persistent strong labor market. The number of people working part time for economic reasons fell to its lowest level in nearly 21 years.
Both IT and Financial sectors had the lowest unemployment rates in the country. The IT unemployment rate continues to hover around 2.1% with software developers and engineers accounting for nearly one third of all employer job postings in spring. The Financial sector unemployment rate is among the lowest as well at only 3.2%. We are seeing Accounting and Finance professionals embrace more remote and hybrid work, increased salaries across the board; and
record rates of employee turnover.
Georgia experienced the 9th highest employment growth rate in the U.S. between March 2021 and March 2022. The current Georgia unemployment rate is 3.1% compared to the national rate of 3.6%