What Does the 4.9% Unemployment Rate Mean For Recruiters?


The new low of 4.9% unemployment is the lowest rate in the past eight years. Last year, the US economy saw 2.74 million jobs created. So what does this mean for recruiters?

It is time to set more realistic expectations with management. Recruiters will need increased resources to attract applicants in 2016-2017. Creative use of existing and new media will also help recruiters to maintain momentum. Be sure to evaluate new media options at least quarterly. Many recruitment advertising agencies will do the media research for you for free. Make use of this type of service to save time and money.