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Strong job growth drives unemployment rate to 5%

By Bill at November 11, 2015 00:08
Filed Under: Immigration News

The Bureau of Labor Statistics reported that U.S. employers added 271,000 new jobs in October, far stronger than expected. Monthly job gains over the last year now average 230,000. 

The unemployment rate, which is drawn from a different survey, came in at 5%, the lowest rate since April 2008. Over the past 12 months, the unemployment rate and the number of unemployed persons were down by 0.7 percentage point and 1.1 million, respectively. 

Job gains occurred in professional and business services, health care, retail trade, food services and drinking places, and construction. Please visit our blog to see the detailed unemployment rate by occupation, age and gender

Occupation Unemployment Rate
10/2015
Unemployment Rate
10/2014
Management 1.9 2.3
Business and financial operations 3.0 3.5
Computer and mathematical 2.8 3.0
Architecture and engineering 2.2 3.3
Life, physical, and social science 3.1 2.8
Education, training, and library 2.3 2.4
Healthcare practitioner and technical 1.2 2.4
click here to view all occupations by gender



The employers are desperately looking for skilled foreign workers. It is time for you to update your career profile and pitch potential employers now!