News



Unemployment Continues to Decrease, New Jobs Increase 115% from March

Published May 8th, 2017 by Julie

Unemployment Continues to Decrease, New Jobs Increase 115% from March*
 

Unemployment [4.4%]
According to U.S. Bureau of Labor Statistics the unemployment rate dropped from 4.5% to 4.4% in April.

 

Job Openings: [211,000]

Jobs openings increased from only 98,000 new jobs in March to 211,000 in April, a 115% increase in one months time.

 

Hire Rate [3.6%] & Quit Rate [2.0%]
Both the hire rate (3.6%) and the quit rate (2.0%) have not been updated by the Bureau of Labor Statistics since January 2017. 

* All Data is from Bureau of Labor Statistics, U.S. Department of Labor online at www.bls.gov

Unemployment is Down & So is the Number of New Jobs

Published April 10th, 2017 by Julie

March 2017 Job Report: Job Openings, Unemployment Rate, Market Trends*

Unemployment [4.5%]

According to the U.S. Bureau of Labor Statistics the unemployment rate dropped from 4.7% to 4.5% in March.

 

Job Openings [98,000]

Jobs openings dropped drastically to 98,000 in March (compared to the projected 180,000) from 235,000 in February, a decrease of 58% in one months time. 


 

Hire Rate [3.6%] & Quit Rate [2.0%]

Both the hire rate (3.6%) and the quit rate (2.0%) remained the same from the previous month.

* All Data is from Bureau of Labor Statistics, U.S. Department of Labor online at www.bls.gov

February 2017 Job Report: Job Openings, Unemployment Rate, Market Trends

Published March 10th, 2017 by Julie

February 2017 Job Report: Job Openings, Unemployment Rate, Market Trends*

Unemployment [4.7%]

According to U.S. Bureau of Labor Statistics the unemployment rate dropped to 4.7% from 4.8% in January.

Job Openings [235,000]
Job openings rose to 235,000 in February from 227,000 in January, almost a 3.5% increase in one months time.

Hire Rate [3.6%] & Quit Rate [2.0%]

Both the hire rate (3.6%) and the quit rate (2.0%) remained the same from the previous month.


 

Temporary Employment Services Market Trends:

Temporary help jobs increased by 3,100 in February from the previous month. February's data also reported a decrease in temp jobs from 14,800 in January to 6,500 in February. The temporary penetration rate, defined as temporary jobs as a percent of total employment,  decreased slightly to 2.038% in February from 2.039% in January.

*Bureau of Labor Statistics, U.S. Department of Labor, Disclaimer, on the Internet at www.bls.gov

 

Comrise Presents at Innovation Forecasts 2017

Published March 2nd, 2017 by Brittany

Comrise Presents at Innovation Forecasts 2017 

Comrise would like to thank the NJ Tech Council for inviting us to present at the NJ Innovation Forecast last week at Bell Works. It was very exciting to have  200+ individuals attend the conference to hear about how Comrise has innovated our staffing approach with our own patented RightFit technology.  The positive response we received from our presentation from potential partners, customers and consultants was overwhelming and humbling. We enjoyed learning more about our region’s latest innovations and connecting with other companies with the same passion for innovation to address today’s problems.  

 Shelly Carolan,President of Comrise, speaking at Innovation Forecasts 2017 at Bell Works, Holmdel, NJ

January 2017 Job Report: Job Openings, Unemployment Rate, Market Trends

Published February 6th, 2017 by Julie

January 2017 Job Report: Job Openings, Unemployment Rate, Market Trends*

Unemployment [4.8%]
According to U.S. Bureau of Labor Statistics the unemployment rate rose to 4.8% from 4.7% in December.

 

Job Openings [227,000]
Job openings rose to 227,000 in January from 157,000 in December, almost a 45% increase in one months time. 

 

Hire Rate [3.6%] & Quit Rate [2.0%]
Throughout 2016 the hire rate fluctuated between 3.5% and 3.8%, ending the year at 3.6% and the quit rate fluctuated between 2.0% and 2.1%, ending the year at 2.0% 

 

 
Temporary Employment Services Market Trends:
Temporary help services employment rose in January, 0.5%, with an increase of 14,800 new jobs after facing a .52% decline in December 2016. YOY temporary help employment was up 3.3%, which is the fastest growth rate since December 2015, with monthly job increases averaging about 7,800 within the past year.

*Bureau of Labor Statistics, U.S. Department of Labor, Disclaimer, on the Internet at www.bls.gov