In the News

Hiring in US – Fastest pace in almost 6 years

U.S. employers recently hiked their hiring to the fastest monthly pace in almost six years, a healthy sign for the U.S. labor market, according to government data released Tuesday morning.

There were 4.71 million hires in April — the most since June 2008 – and up 6% from a year earlier and, according to the U.S. Labor Department’s most recent monthly look at labor-market churn. When the recession started at the end of 2007, there were about 5.04 million hires per month.

Tuesday’s data followed a promising labor-market report last week showing that the economy’s jobs growth this year has been faster than a year earlier.

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Chosen excerpts by Job Market Monitor. Read the whole story at Hiring hits fastest pace in almost 6 years – Economic Report – MarketWatch.

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