The new year has just begun, and as job seekers work on their resolutions to find employment this year, encouraging news has emerged to spark optimism for 2012. According to data released this morning by the Bureau of Labor Statistics, nonfarm payroll employment rose by 200,000 in the month of December 2011. Also, the national unemployment rate dipped to 8.5 percent, a decrease of 0.6 percent since the month of August, and its lowest level since February 2009. Overall, national employment rose by 1.6 million in 2011, compared to an increase of 940,000 in 2010.
Thus, America’s economic recovery ends the year on a positive note, and will hopefully continue into 2012. The largest job gains occurred in transportation and warehousing (gained 50,000 workers), retail trade (gained 28,000 workers), manufacturing (gained 23,000 workers), health care (gained 23,000 workers), and mining (gained 7,000 workers). Even the struggling construction industry showed signs of improvement, gaining an additional 20,000 workers. While it is true that much of the employment increase could be due to holiday season hiring, it continues the trend in which unemployment has fallen for four consecutive months. These encouraging trends bode well for the new year, and job seekers should take advantage by being proactive in their search for employment.
If you are a job seeker, be sure to keep your resume up-to-date, and stay on the lookout for opportunities opening up in your area. At America’s Job Exchange, we can help your job search in a variety of ways. Check out our careerresources, which include resume writing and distribution services. Make the new year a great one by landing the job of your dreams!