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May Job Market Updates: Shaker’s Take

The job market has seen some broad, unpredictable swings during the first five months of the year. While the unemployment rate is steady and average earnings have increased by 6 cents this month, job growth is in flux each month both in general and by industry.

Since January, the U.S. has added an average of 164,000 jobs per month. This is down from the average monthly increases of 223,000 jobs in 2018. Check out our infographic below for more details.

In this tight job market, it’s crucial to stand out from the crowd. Shaker Recruitment Marketing recommends maintaining consistent employer brand visibility through traditional, digital, and social media marketing efforts. By growing brand awareness, companies will differentiate themselves and continue to build a pipeline of top talent. To learn more about our capabilities and how we can help your brand, get in touch with info@shaker.com today.

 

Infographic titled "Job Market Updates - May 2019." Key stats: 62.8% labor force participation, 3.6% unemployment, 34.4 average work hours/week, $27.83 average hourly earnings, 15,000 job decrease. Job growth bars show details by month and industry in the current job market. Sources noted.

 

 

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