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April Job Market Updates: Shaker’s Take

The recruitment marketing landscape remains challenging for employers. The number of job openings well exceeds the number of Americans seeking work, now for the thirteenth month in a row.

Job growth over the past three months is lower than average—this may be an indication that the current general labor shortage as well as shortage for candidates with certain skills is creating challenges for employers to fill certain positions.

The Labor Department reports that, as of March 31, there were 7.49 million unfilled job openings—that’s 1.28 million more open jobs than available unemployed people. Check out the infographic for some more key statistics to keep in mind.

While these numbers are daunting, Shaker Recruitment Marketing sees this increasingly competitive employment marketplace as an opportunity to elevate our clients’ recruitment and retention strategies. For more information on how to stand out in the high-employment economy, get in touch with us at info@shaker.com.

Infographic titled "Job Market Updates March 2019" shows: +129K private sector job growth, 3.8% unemployment rate, 1.6% growth in hiring, March's ETI reading: 102.3, average hourly earnings: $27.70. Charts depict overall job growth and job growth by industry. Data sources listed at bottom.

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