Search For Jobs

A Strong 2016 Ends With Modest Job Growth

A Strong 2016 Ends With Modest Job Growth

By CareerCast.com

The final employment numbers of 2016 close a strong year for hiring on a positive, if not underwhelming note, with a reported 156,000 new jobs added to the labor market in December.

December has historically been a modest month for hiring. Employers seeking seasonal help typically add staff in October or November, and companies looking to beef up their numbers for the new year wait until after the holidays.

In that context, the newest jobs numbers speak to a positive outlook for the year to come. Added to the much broader context of the post-recession economy, it provides a snapshot of how far hiring has come in the last eight years.

In January 2009, the first tremors of the recession began to really show. The economy began a steady tumble in the spring of 2008, due largely to the housing crisis.

Unemployment hit 7.8 percent in January 2009, then accelerated to 10 percent before the year's end.

It's been a steady climb back, but 2016 ends with unemployment of 4.7 percent, a jump of more than half from the worst point of the Great Recession.

Hiring in the last four years in particular has revved up. In January 2013, unemployment sat at 8 percent. The 3.3 percent drop since is the strongest since 1983 to 1986, when unemployment slashed from 10.4 to 6.7 percent.

Unemployment's now at its lowest point since the early 2000s, but that doesn't mean the job market is set to stall. Underemployment remains near 10 percent.

The next phase of marketplace improvement is more workers moving into full-time jobs, and other seekers finding higher wages. If you're looking for a change in 2017, search the CareerCast.com database.

You might find the right spot for you.


Latest Jobs

Tester

Coon Rapids
Coon Rapids, MN

Tester

Coon Rapids
Coon Rapids, MN

Tester

Coon Rapids
Coon Rapids, MN

Tester

Coon Rapids
Coon Rapids, MN

Sales & Business Development Lead

Dame Products
New York, NY

New Business Account Executive New Business Account Executive

Times-Union Media
Jacksonville, FL

Architectural Intern- Boca Raton

PGAL
Boca Raton, FL

Architectural Designer- Boca Raton

PGAL
Boca Raton, FL

Marketing Promoter

Kitchen Magic
Paramus, NJ

Lead Generation

Times-Union Media
Jacksonville, FL

Interactive Developer

Hearst
New York, NY

CEMETERY SALES

HILLCREST MEMORIAL PARK AND PINEVIEW CEMETERY
North Augusta, SC

Digital Media Sales Consultant

Times-Union Media
Jacksonville, FL

Director of Business Development-Atlanta

PGAL
Atlanta, GA

Accounting Clerk

PGAL
Houston, TX

About Our Partners

mashable

Mashable is a leading source for news, information & resources for the Connected Generation. Mashable reports on the importance of digital innovation and how it empowers and inspires people around the world. Mashable's 25 million monthly unique visitors and 11 million social media followers have become one of the most engaged online news communities.

salesgenomix


OUR VISION: Imagine A World Where Every Sales Force Is ABOVE quota. SalesGenomix has been called the eHarmony of sales recruiting. We connect pre-assessed sales professionals to jobs that match their unique sales DNA. As a sales recruiter this means, no time wasted with unqualified applicants, no more unforced hiring errors. More qualified candidates, less turnover, more sales. Spend your time talking to talented candidates.

archdesign

ArchDesignJobs.com is a nationally recognized career site for anyone with an interest in careers within the architectural and design industries.  ArchDesignJobs.com reaches the top architects and designers within the corporate, education, healthcare, institutional, government, hospitality, retail and residential environments.

deadline

Influential industry leaders and key decision-makers across many fields track Deadline many times a day and its postings regularly receive more reader comments than all of the  entertainment industry news sites combined.

varmedia

Recognized and respected throughout the world of show business, Variety is the premier source of entertainment news. Since 1905, the most influential leaders in the industry have turned to Variety for timely, credible and straightforward news and analysis — information vital to their professions.

tvb

TVB is the not-for-profit trade association of America’s commercial broadcast television industry. Its members include television broadcast groups, advertising sales reps, syndicators, international broadcasters, associate members and over 500 individual television stations. TVB actively promotes local media marketing solutions to the advertising community, and in so doing works to develop advertising dollars for the medium’s multiple platforms, including on-air, website and mobile. TVB provides a diverse variety of tools and resources, including this website, to support its members and to help advertisers make the best use of local ad dollars.