The number of people who applied last week for new unemployment benefits appeared to stabilize after a pair of large swings, reflecting a status-quo labor market in which companies are only gradually hiring new workers. Initial jobless claims rose by 4,000 to a seasonally adjusted 352,000 in the week ended April 13, the U.S. Department of Labor reported today. Despite the increase last week, which was broadly in line with economists’ expectations, claims held near a level economists normally associate with average monthly job gains of more than 150,000. That helped to further ease concerns of a deterioration in labor market conditions after nonfarm payrolls in March posted their smallest increase in nine months.
Say Goodbye to Mundane Tasks and Hello to Efficiency
Are you accustomed to using a plethora of resources to recruit the right candidates? Our research shows that the average firm spends around five hours logging in and out of systems to source candidates to fill one job. We’re excited to announce the next level in candidate sourcing: CareerBuilder Talent Discovery, a platform that has everything in one place. Stop by CareerBuilder’s booth next week at Staffing World to learn more—Booth 813 in the expo hall.