According to the U.S. Bureau of Labor Statistics, the unemployment rate has remained the same at 3.7% in September and October.
“The pace of innovation is accelerating, and so are the skills necessary to support it,” says Stephane Kasriel, CEO of Upwork Global Inc., the largest freelancing website. Upwork released the top 5 fastest growing skills for quarter three of 2018...
Upwork Global Inc., a website for freelancers has confirmed the fastest growing tech skills in Q2. “As technological change and the knowledge economy continue advancing, so will work requiring more skills,” said CEO, Stephane Kasriel. Companies are looking for individuals who are masters at these trades in order to help them keep a competitive edge against other employers. Here are the top 5 fastest growing skills for the second quarter of 2018.
New Jersey is the tenth state that has imposed a statewide mandatory paid-sick-leave law. On May 2, 2018, Governor Phil Murphy signed the New Jersey Paid Sick Leave Act to go into effect October 29, 2018.
Job Openings Remain at 6.6 Million Through June*
According to the U.S. Bureau of Labor Statistics, the unemployment rate has decreased from 4% in June to 3.9% in July.
Job Openings: [6.6 million]
Jobs openings have remained at 6.6 million in May and June, displaying a steady job market.
Hire Rate [3.8%] & Quit Rate [2.3%]
The hire rate in June (3.8%) has decreased from 3.9% from May and the quit rate has decreased from 2.4% in May to (2.3%) in June.
* All Data is from Bureau of Labor Statistics, U.S. Department of Labor online at www.bls.gov