Immigration Blog

Surge of Hiring Cuts US Jobless Rate to Six-Year Low

By Bill at October 07, 2014 04:02
Filed Under: Immigration News
We reported a few weeks ago that Fall is the Peak Hiring Season in the US, the Labor Department's announcment on October 3 confirmed our analysis. 

U.S. employers added 248,000 new jobs in September. This burst of hiring has helped cut the jobless rate to 5.9 percent, the lowest since July 2008. Many economists consider an unemployment rate of 5.5% as a healthy level. 

The job gains were broad-based and included many higher-paying industries. Professional and business services, which includes software developer,  engineers, accountants, financial analysts, and architects, added 81,000 jobs, the most in seven months. Please visit our blog to see the detailed unemployment rate by occupation, age and gender

Occupation Unemployment Rate
Unemployment Rate
Management 2.3 3.0
Business and financial operations 2.7 4.1
Computer and mathematical 2.8 4.5
Architecture and engineering 2.4 2.3
Life, physical, and social science 2.8 2.8
Education, training, and library 3.3 3.7
Healthcare practitioner and technical 2.4 2.3
click here to view all occupations by gender

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