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Unemployment rate drops in tech during coronavirus pandemic

By Bill at May 19, 2020 17:59
Filed Under: Immigration News

The unemployment rate for individuals in computer occupations declined from 3% in January 2020 to 2.8% in April 2020. At the same time, the unemployment rate for individuals in all other occupations increased from 4% to 15%, according to the Bureau of Labor Statistics. read full report

Occupation January 2020 April 2020
Computer Occupation 3% 2.8%
All other Occupations 4.1% 15%

Why did professionals in computer occupations fare much better than other workers during the coronavirus pandemic? One reason is the skills used by computer professionals generally can be performed remotely. The skills in computer occupations are in high demand today and likely will be in even higher demand in the future as more work moves online.

In fiscal year 2019, 66% of H-1B beneficiaries were in computer-related occupations. The data raise questions about the Trump administration's ability to use the unemployment rate to justify the new restrictions being considered for H-1B visa holders and international students working on Optional Practical Training (OPT).

So the low unemployment rate in tech is a pretty good news to people still want to live and work in United States.

As of May 13, 2020, there were 625,702 active job vacancy postings advertised online in the previous 30-day period for jobs in the most common computer occupations that generally require a bachelor's degree or higher.

Occupation Active Job Vacancy Postings On 5/13/2020
Software Developer, Applications 258,607
Network and Computer System Administrator 86,953
Computer Systems Analyst 81,460
Information Security Analyst 54,570
Electrical Engineer 33,507
Other IT Occupations 110,605
Total 625,702

U.S. unemployment rate at half-century low

By Bill at July 06, 2019 17:53
Filed Under: Immigration News

The U.S. economy added 224,000 jobs in June, surging past expectations and helping ease fears about the nation's economic health amid President Trump's trade war.

The unemployment rate inched up to 3.7 percent, remains near a half-century low. The rate increased because more Americans entered the labor force, meaning they found a job or are actively searching for one again.

Many companies say they are struggling to find enough workers to fill all their job openings as the unemployment rate has been at or below 4 percent for more than a year.

Jobs gains were broad-based, with professional services, health care, construction, transportation and warehousing all experiencing large bumps in hiring. Please visit our blog to see the detailed unemployment rate by occupation, age and gender.

Occupation Unemployment Rate
6/2016
Unemployment Rate
6/2019
Management 2.8 1.6
Business and financial operations 3.1 2.5
Computer and mathematical 2.2 1.5
Architecture and engineering 3.0 1.5
Life, physical, and social science 1.8 1.4
Education, training, and library 5.6 5.3
Healthcare practitioner and technical 1.4 1.5
click here to view all occupations by gender



President Trump called the jobs news "unbelievable," adding that "the military has a hard time getting people" because there is so much competition for workers. It is time for you to update your career profile and pitch potential employers now!

Unemployed Rates by occupation and sex June 2019

By Bill at July 06, 2019 15:43
Filed Under: Immigration News
Unemployed persons by occupation and sex[Numbers in thousands]
OccupationTotal unemployedUnemployment rates
June
2018
June
2019
TotalMenWomen
June
2018
June
2019
June
2018
June
2019
June
2018
June
2019

Total, 16 years and over(1)

6,812 6,292 4.2 3.8 4.1 3.7 4.2 4.0
 

Management, professional, and related occupations

1,575 1,540 2.5 2.4 2.2 1.8 2.8 2.9

Management, business, and financial operations occupations

536 519 2.1 1.9 2.1 1.6 2.1 2.2

Management occupations

344 312 1.9 1.6 1.8 1.5 1.9 1.8

Business and financial operations occupations

192 208 2.6 2.5 2.8 2.0 2.4 3.0

Professional and related occupations

1,039 1,020 2.8 2.7 2.3 2.0 3.2 3.2

Computer and mathematical occupations

97 80 1.9 1.5 1.8 1.2 2.2 2.1

Architecture and engineering occupations

39 49 1.2 1.5 0.9 1.1 3.0 3.0

Life, physical, and social science occupations

47 21 3.0 1.4 2.7 2.2 3.3 0.5

Community and social service occupations

98 51 3.6 1.9 2.3 1.9 4.2 2.0

Legal occupations

26 32 1.3 1.6 1.4 0.9 1.1 2.2

Education, training, and library occupations

504 495 5.6 5.3 4.7 4.9 5.9 5.4

Arts, design, entertainment, sports, and media occupations

105 146 2.8 4.2 3.4 4.1 2.2 4.3

Healthcare practitioners and technical occupations

123 146 1.3 1.5 1.4 0.2 1.2 1.9

Service occupations

1,451 1,230 5.0 4.2 5.0 4.3 5.0 4.2

Healthcare support occupations

118 119 3.2 2.9 4.3 1.8 3.0 3.1

Protective service occupations

118 75 3.5 2.2 3.8 1.2 2.4 5.5

Food preparation and serving related occupations

611 562 6.5 6.3 6.0 6.7 6.8 6.0

Building and grounds cleaning and maintenance occupations

324 255 5.2 4.0 5.4 4.7 4.9 2.9

Personal care and service occupations

280 219 4.4 3.5 3.6 3.0 4.6 3.6

Sales and office occupations

1,333 1,295 3.8 3.8 3.6 3.7 3.9 3.8

Sales and related occupations

741 534 4.4 3.4 3.5 2.8 5.3 3.9

Office and administrative support occupations

592 761 3.2 4.1 3.6 5.1 3.1 3.7

Natural resources, construction, and maintenance occupations

746 606 4.8 4.0 4.6 3.7 8.1 10.2

Farming, fishing, and forestry occupations

106 90 9.0 7.5 6.6 4.6 15.4 15.8

Construction and extraction occupations

479 364 5.4 4.2 5.4 4.0 4.5 10.7

Installation, maintenance, and repair occupations

161 152 3.0 3.0 3.0 3.1 2.6 0.0

Production, transportation, and material moving occupations

870 837 4.4 4.2 4.1 4.1 5.4 4.5

Production occupations

331 309 3.7 3.4 3.5 3.1 4.2 4.1

Transportation and material moving occupations

539 528 5.0 4.9 4.6 4.9 7.0 5.0
 

No previous work experience

829 754 - - - - - -

16 to 19 years

558 535 - - - - - -

20 to 24 years

190 129 - - - - - -

25 years and over

81 90 - - - - - -

Footnotes
(1) Includes a small number of persons whose last job was in the Armed Forces.

U.S. labor market remains the healthiest in 7 years

By Bill at July 12, 2016 02:43
Filed Under: Immigration News
The Bureau of Labor Statistics reported that U.S. employers added 287,000 new jobs in June, a sharp rebound fits with other evidence, including extremely low layoffs and record job openings. 

The job gains in June were the strongest of the year. Most industries added jobs. Health-care providers, financial firms, restaurants, retailers, and professional services led the way. 

The unemployment rate, which is drawn from a different survey, rose to 4.9% in June from 4.7% in May, as more people entered the labor force in search of work. The U.S. has created 13 million jobs since 2011 to reduce the unemployment rate to precession levels last seen in 2007. 

Please visit our blog to see the detailed unemployment rate by occupation, age and gender

Occupation Unemployment Rate
6/2016
Unemployment Rate
6/2015
Management 2.8 2.9
Business and financial operations 3.1 3.0
Computer and mathematical 2.2 2.5
Architecture and engineering 3.0 1.7
Life, physical, and social science 1.8 2.6
Education, training, and library 5.6 5.2
Healthcare practitioner and technical 1.4 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!

Unemployed persons by occupation and sex: June 2016

By Bill at July 12, 2016 01:21
Filed Under: Immigration News
HOUSEHOLD DATA
NOT SEASONALLY ADJUSTED
A-30. Unemployed persons by occupation and sex
 [Numbers in thousands]
OccupationTotal unemployedUnemployment rates
June
2015
June
2016
TotalMenWomen
June
2015
June
2016
June
2015
June
2016
June
2015
June
2016

Total, 16 years and over(1)

8,638 8,144 5.5 5.1 5.4 5.0 5.5 5.2
 

Management, professional, and related occupations

1,714 1,712 2.9 2.8 2.5 2.4 3.3 3.2

Management, business, and financial operations occupations

603 646 2.4 2.5 2.4 2.2 2.5 2.8

Management occupations

387 400 2.2 2.2 2.2 2.1 2.3 2.4

Business and financial operations occupations

216 245 3.0 3.1 3.1 2.6 2.9 3.4

Professional and related occupations

1,111 1,067 3.2 3.1 2.6 2.6 3.7 3.4

Computer and mathematical occupations

116 103 2.5 2.2 2.7 1.8 2.1 3.3

Architecture and engineering occupations

51 94 1.7 3.0 1.7 3.2 1.6 2.1

Life, physical, and social science occupations

39 26 2.6 1.8 2.1 2.0 3.1 1.5

Community and social service occupations

78 67 2.8 2.5 1.8 1.4 3.4 3.1

Legal occupations

21 11 1.1 0.6 0.4 0.4 1.8 0.8

Education, training, and library occupations

470 495 5.2 5.6 4.5 4.5 5.5 6.0

Arts, design, entertainment, sports, and media occupations

129 140 4.2 4.4 3.8 4.8 4.7 3.9

Healthcare practitioner and technical occupations

209 131 2.4 1.4 1.6 0.8 2.6 1.7

Service occupations

1,789 1,658 6.3 5.7 6.9 5.6 5.8 5.7

Healthcare support occupations

155 125 4.2 3.3 6.6 2.9 3.8 3.4

Protective service occupations

88 106 2.8 3.3 2.5 2.6 3.7 5.3

Food preparation and serving related occupations

751 621 8.1 6.8 9.7 6.9 6.8 6.6

Building and grounds cleaning and maintenance occupations

443 438 7.0 6.6 7.4 6.4 6.4 6.8

Personal care and service occupations

352 368 5.8 5.7 4.6 5.2 6.1 5.9

Sales and office occupations

1,777 1,550 5.0 4.4 4.5 4.2 5.3 4.6

Sales and related occupations

950 820 5.6 4.9 4.2 4.3 7.1 5.4

Office and administrative support occupations

827 730 4.4 4.0 5.1 3.9 4.2 4.1

Natural resources, construction, and maintenance occupations

926 832 6.2 5.5 6.1 5.2 9.3 11.1

Farming, fishing, and forestry occupations

88 151 6.7 10.8 5.4 8.6 10.4 17.1

Construction and extraction occupations

617 462 7.4 5.3 7.3 5.3 11.0 5.8

Installation, maintenance, and repair occupations

221 218 4.2 4.4 4.2 4.3 4.6 6.4

Production, transportation, and material moving occupations

1,122 1,091 6.0 5.9 5.8 5.5 6.9 7.3

Production occupations

462 439 5.1 4.9 4.8 4.3 5.9 6.6

Transportation and material moving occupations

660 652 6.9 6.7 6.5 6.4 8.6 8.5
 

No previous work experience

1,289 1,278 - - - - - -

16 to 19 years

822 785 - - - - - -

20 to 24 years

282 291 - - - - - -

25 years and over

185 202 - - - - - -

Footnotes
(1) Includes a small number of persons whose last job was in the Armed Forces.

NOTE: Updated population controls are introduced annually with the release of January data. Dash indicates no data or data that do not meet publication criteria (values not shown where base is less than 75,000). 

 

Americans collecting unemployment checks lowest in 16 years

By Bill at May 07, 2016 00:19
Filed Under: Immigration News

The number of Americans collecting unemployment benefits fell in late April to a nearly 16-year bottom, while initial jobless claims have been below 300,000 for 61st straight week. 

Some 2.12 million people collected weekly unemployment benefits in late April, tumbled 82% after hitting a record 11.6 million in early 2010, when the U.S. was in the early stages of a recovery following the Great Recession. 

The last time fewer Americans were collecting unemployment checks was in November 2000, shortly before President Bill Clinton exited the White House. 

Initial jobless claims, meanwhile, climbed by 17,000 to a five-week high of 274,000 in the last week of April. Despite the increase, new claims have been below the key 300,000 mark for 61 straight months, the longest stretch since the waning stages of the Vietnam War. 

The economy has created an average of more than 200,000 jobs a month since 2014, knocking the unemployment rate down to 5%. Low jobless claims have contributed to marked improvement in the labor market over the past several years. The unemployment rate falls more quickly when hiring is strong and fewer people are being laid off. 

The U.S. job market is pretty strong now, and the employers are desperately looking for skilled foreign workers. It is time for you to update your career profile and pitch potential employers now!

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!

October 2015: Unemployed persons by occupation and sex

By Bill at November 09, 2015 20:03
Filed Under: Immigration News
HOUSEHOLD DATA
NOT SEASONALLY ADJUSTED
A-30. Unemployed persons by occupation and sex
[Numbers in thousands]
OccupationTotal unemployedUnemployment rates
Oct.
2014
Oct.
2015
TotalMenWomen
Oct.
2014
Oct.
2015
Oct.
2014
Oct.
2015
Oct.
2014
Oct.
2015

Total, 16 years and over(1)

8,680 7,597 5.5 4.8 5.3 4.8 5.8 4.9
 

Management, professional, and related occupations

1,582 1,312 2.7 2.2 2.5 1.9 2.9 2.5

Management, business, and financial operations occupations

643 552 2.7 2.2 2.2 1.8 3.3 2.7

Management occupations

383 331 2.3 1.9 2.0 1.5 2.8 2.5

Business and financial operations occupations

261 221 3.5 3.0 2.9 2.7 4.0 3.2

Professional and related occupations

939 760 2.7 2.2 2.7 1.9 2.7 2.4

Computer and mathematical occupations

140 122 3.0 2.8 3.0 2.8 3.1 2.9

Architecture and engineering occupations

97 68 3.3 2.2 3.3 1.9 3.3 3.5

Life, physical, and social science occupations

42 45 2.8 3.1 2.7 3.2 3.0 3.0

Community and social service occupations

81 53 3.0 2.1 2.3 1.1 3.4 2.5

Legal occupations

28 27 1.6 1.5 1.6 1.3 1.6 1.6

Education, training, and library occupations

217 213 2.4 2.3 2.7 1.7 2.3 2.6

Arts, design, entertainment, sports, and media occupations

119 121 3.8 3.8 4.2 2.7 3.4 4.9

Healthcare practitioner and technical occupations

215 111 2.4 1.2 1.3 0.4 2.9 1.5

Service occupations

2,076 1,800 7.4 6.5 6.6 6.2 7.9 6.7

Healthcare support occupations

214 208 6.0 5.7 7.1 1.8 5.9 6.2

Protective service occupations

165 158 5.1 4.8 4.9 4.8 6.2 5.1

Food preparation and serving related occupations

798 665 8.9 7.5 7.5 7.4 10.0 7.6

Building and grounds cleaning and maintenance occupations

503 443 7.5 7.0 6.9 6.5 8.5 7.6

Personal care and service occupations

396 326 6.8 5.9 6.2 6.3 7.0 5.8

Sales and office occupations

1,817 1,688 5.2 4.8 4.4 4.8 5.6 4.9

Sales and related occupations

847 858 5.2 5.3 3.9 4.1 6.4 6.5

Office and administrative support occupations

970 831 5.2 4.4 5.2 5.8 5.2 3.9

Natural resources, construction, and maintenance occupations

967 887 6.5 5.9 6.4 5.6 9.4 12.8

Farming, fishing, and forestry occupations

122 137 10.2 11.0 8.8 8.8 15.0 17.7

Construction and extraction occupations

650 592 7.7 7.1 7.6 6.9 8.9 14.3

Installation, maintenance, and repair occupations

195 158 3.8 3.0 3.9 3.0 1.2 3.1

Production, transportation, and material moving occupations

1,184 1,112 6.2 5.8 5.6 5.4 8.4 7.0

Production occupations

554 429 6.0 4.8 4.9 4.2 8.8 6.0

Transportation and material moving occupations

630 683 6.4 6.7 6.1 6.4 7.8 8.6
 

No previous work experience

1,019 775 - - - - - -

16 to 19 years

527 374 - - - - - -

20 to 24 years

285 223 - - - - - -

25 years and over

206 178 - - - - - -

Footnotes
(1) Includes a small number of persons whose last job was in the Armed Forces.

NOTE: Updated population controls are introduced annually with the release of January data. Dash indicates no data or data that do not meet publication criteria (values not shown where base is less than 75,000). 

 

Last Modified Date: November 06, 2015

U.S. Added 223,000 Jobs In June As Unemployment Rate Dropped To 5.3%

By Bill at July 07, 2015 03:00
Filed Under: Immigration News
The Bureau of Labor Statistics reported that U.S. employers added 223,000 new jobs in June, continued the medium-term trend of above 200,000 average monthly growth. 

The unemployment rate, which is drawn from a different survey, came in at 5.3%, the lowest rate since April 2008. Many economists consider an unemployment rate of 5.5% as a healthy level. 

Job gains occurred in professional and business services, health care, retail trade, financial activities, and in transportation and warehousing. Employment in professional and business services increased by 64,000 in June, about in line with the average monthly gain of 57,000 over the prior 12 months. Please visit our blog to see the detailed unemployment rate by occupation, age and gender

Occupation Unemployment Rate
06/2015
Unemployment Rate
06/2014
Management 2.2 2.5
Business and financial operations 3.0 3.5
Computer and mathematical 2.8 4.5
Architecture and engineering 1.7 3.0
Life, physical, and social science 2.6 5.2
Education, training, and library 5.2 5.3
Healthcare practitioner and technical 2.4 2.0
click here to view all occupations by gender


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



Not all jobs are created equal!
http://www.myvisajobs.com

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
09/2014
Unemployment Rate
09/2013
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!