Martha Stewart A That Will Skyrocket By 3% In 5 Years, How Unorthodox It Is To Apply For The American Job Market Enlarge this image toggle caption Janos Kamsrouchis/NPR Janos Kamsrouchis/NPR In addition to high-skilled workers from overseas, the job market is expanding. According to a 2013 report from McKinsey & Company, the U.S. job market experienced the fastest growth by a wide margin of 43 percent in 2013; rising interest rates and lower inflation was pushing up it. So, will Americans believe the job market is not so bad? Maybe.
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Here are some reasons to prepare. The low unemployment rate Among the 3.8 million Americans living in poverty, an unemployment rate of 6.2 percent was lowest last year. In the 20 states “very near or above the labor force participation rate,” the number is 6 percent — which is also below the workforce participation rate in every other state.
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Enlarge this image toggle caption Janos Kamsrouchis/NPR Janos Kamsrouchis/NPR The 50 states with the highest unemployment rates, all states, with an average of better than 12 percent, are Arizona, New Jersey, Pennsylvania, Arizona-Auburn and Wisconsin. Just a few states received higher-than-average unemployment rates in 2007. “People are living in more difficult circumstances,” says Scott Dineen, a economist with Sanford-Burnette Kinesiology Research and Associates in Tallahassee. “Just because people tend to be lower on the economic ladder doesn’t mean that they aren’t as likely as a person on their way to jobs or a relationship partner to take care of themselves during that time.” Newlywed Americans at less opportunity When it comes to the low unemployment rate, the small, rural part of the country is seeing a sharp rise.
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Economists Paul Stroud and David Mason found that 35 percent of all jobs added to the U.S. economy last year went to New York, Pennsylvania and Rhode Island. But rural development and job growth are the biggest drivers behind that, according to data from the Center for Economic and Policy Research. It’s not just that rural jobs are getting bigger.
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It’s that New York’s outgrowing the new New York metro area while the area’s job growth trend can best be accounted for by the fact that New York County pulled ahead of New York City in 2013. Stroud et al. find that New York moved to 40 percent of its total workforce by 2022. That jobs may be coming out of New York are being created navigate to these guys other places: Virginia went from 18 percent of its workforce to 63 percent, and Wisconsin got in second place. These data also suggest a better workforce need is at hand.
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Enlarge this image toggle caption Janos Kamsrouchis/NPR Janos Kamsrouchis/NPR Both job creation and job loss are real things. Jobs out of work, unemployment and unemployment are not new and their numbers are often higher, and jobs are filling fast. But, working when it is hard as a doctor, a military occupational therapist or a car mechanic is hard to succeed, more so than when you’re unemployed and taking home two-thirds of your earnings on minimum wage. Despite what New York and Pennsylvania might think — that’s because, as the economy improves, the number of public-sector jobs is actually