Thursday, April 24, 2014

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Job numbers reveal lowest unemployment rate in five years

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Rochester: Job numbers reveal lowest unemployment rate in five years
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NATIONWIDE -- New job numbers reveal the lowest unemployment rate in five years.

Many of the added jobs were in higher paying industries, such as manufacturing and health care.

Anthony Hynes, president of Precision Value and Automation in Cohoes, said he saw the improvement in the economy over the past year from his own books and knew it would soon be a part of nationwide growth.

Recruiters too said they have seen a flood of companies come to them looking to hire.

“I really do think what you're looking at is a pretty positive trend that I would anticipate would certainly carry into the New Year and hopefully even after that,” Hynes said.

“We're seeing more jobs come to us, more higher level jobs as well,” said Renee Walrath, president of Walrath Recruiting. “We've placed a few different executive level positions this year.”

The unemployment rate is now at seven percent, as 203,000 thousand jobs were added last month which is better than what economists predictions of 180,000 jobs.

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