US added Half Million Jobs in March – it Increase in Upcoming Month!!!- Planning to move to US or Looking for Job Opportunity in United States of America. It is the great time for you guys. Suit up and Go ahead for your Wall Street Dreams. The Federal Reserve is raising U.S. interest rates again, because of that Wall Street expects another big increase in hiring. Let’s see what going on in US Economy.
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According to the poll of economist by The Wall Street Journal, US have created 490000 new jobs in March. The U.S. unemployment rate has fallen to 3.8% in one and half years. Unemployment had fallen to a 50-year low of 3.5 percent just before the pandemic started in March 2020. Now the pandemic is almost over.
The Business is steeping up again. In this situation Chief Economist of Comerica Bank said that “As financial pressures from inflation mount, more Americans who exited the labor force during the pandemic are likely to re-enter, fueling faster labor force growth,”. Major companies started to refill their vacant places.
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“The demand for labor returned more quickly than the supply of labor,” Vance-Sherman said. So it is the time. America is looking for labors right now. The cost of living has jumped almost 8% in the past year. So, the wages also expected to get higher this year. Stay connected with our website for more US Jobs updates.
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