Hiring Uptrend Expected To Continue Through 2013
- — Photo Courtesy of Forbes.com —
Many unemployed workers who previously gave up looking for a job over the past few years are now going back into the market to try to find a employment again and some are getting hired. With the U.S. economy showing some signs of improvement and the Federal Reserve continuing to support the economy until unemployment is at a satisfactory rate, the hiring trend is expected to continue thorough 2013.
“We don’t think there will be a further decline in participation” this year, said Mary Daly, a group vice president at the San Francisco Fed. As a result, “we don’t see a lot more progress in reducing the unemployment rate in 2013.” Read more for details.