December 14, 2015
If you run a startup, small business, or have ever employed others, you should know that aside from your specific business goals, you are also helping the job market as a whole. Sure, you may think that your ultra-talented team could have gotten jobs anywhere, but unemployment has been a real problem in this country, even among the educated, talented, and ambitious.
Luckily, 2015 has seen some of the best numbers in recent history. The job market is improving markedly. Business owners are doing more hiring, yet have the flexibility to layoff when necessary, knowing that a future employee with the right combination of skills is out there.
RiseSmart, a company that offers career transition, coaching, and outplacement services, compiled some statistics of the 2015 employment landscape in the United States and designed them into a visually appealing infographic. The facts they present offer an optimistic look at where things are today vs. 2009 at the height of the recession. For example:
- Unemployment is at half of what it was in 2009 (15.3 million then vs 7.9 million now).
- 1.1 million unemployed people found jobs in 2015.
- 641,000 professional and business services jobs were created in 2015.
Despite these statistics, there were some pretty big layoffs across the country over the past year. Technology giant HP laid off 30,000 and the US Army laid off 57,000. However, it should be stressed that not all layoffs are due to a downturn in the economy. Layoffs can also be a sign of technological advancements (less people needed for certain jobs), and mergers and acquisitions (there were over $4 trillion in merger and acquisition deals in 2015).
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