Jobless claims fell by 19,000 last week, as a sign that companies are slowing down on layoffs and starting to hire again. In addition, unemployment claims decreased by 25,000 from the previous week.
It appears that the worst effects on the job market are over, and we are seeing an uptick in hiring throughout the United States. The reasons appear to be the most recent round of government assistance and the fact that the vaccine is being distributed to more and more people, which is reducing business restrictions.
As an Executive Search Firm with positions throughout the U.S., we have seen a significant increase in the demand for talent.
Now appears to be a very good time to get back on the job market if you haven’t already done so.
If you are looking to hire or make a career change, please contact Michael Rosenblatt, President of The Quest Organization at Michael@questorg.com or 212-971-0033.