GCL Experts

73 Consecutive Months of New U.S. Jobs

Over one hundred sixty thousand jobs were added to the United States economy in October 2016. With this solid gain, these numbers show a healthy and steady pace of growth. The Labor Department adjusted the number of jobs during the previous month, showing more of an increase. Unemployment fell to 4.9 percent, which is a decrease of 50 percent since 2009 when the rate peaked at ten percent.

The gains in October started the 73rd consecutive month of job increases in the United States. If you need a job, consider immigrating to the U.S. to work and live. Green Card Lottery Experts will assist you in applying to win a United States Green Card.

Tom Perez, the former U.S. Labor Secretary, said, “We see so many examples in our data of an economy moving in the right direction.” The first forecast of job gains for September was 156,000 but had to be revised to show the increase to 191,000.  Salary growth, one of the last keys to help the economy move in the right direction post-recession, is continuing to accelerate. Salaries saw an increase of 2.8%, the most accelerated growth since June 2009.

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