Immigration Blog

US recovered all jobs lost in recession!

By Bill at June 11, 2014 00:39
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WASHINGTON - For the first time since 1999, American employers have added more than 200,000 jobs a month for four straight months, offering more evidence that the U.S. economy is steadily growing while much of Europe and Asia struggle. 

Last month's gain of 217,000 jobs means the economy has finally recovered all the jobs lost to the Great Recession. The unemployment rate, which is derived from a separate survey, matched April's 6.3 per cent, the lowest in more than five years. 

The unempolyment rates for professionals, which are qualified for H1B visa, are more promising. The United States defines full employment unemployment rate as 4% for persons aged 16 and over. 

Occupation Unemployment Rate
(May 2014)
Management 3.0%
Business and financial operations 4.1%
Computer and mathematical 2.6%
Architecture and engineering 2.9%
Life, physical, and social science 4.7%
Community and social service 1.8%
Legal 3.3%
Education, training, and library 3.0%
Arts, design, entertainment, sports, and media 6.5% 
Healthcare practitioner and technical 1.8%

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