SHRM: BLS reports lowest unemployment in 50 years.

June 5, 2019 Rebecca Henderson

With consistently low unemployment in the U.S., talent has much to celebrate. Candidates are driving the job market and reaping the rewards of 14 consecutive months with unemployment rates at or below 4%. Jobless rates are historically low across all demographics, as more opportunities open up for women, people of color and people with disabilities.
 
“The tight labor market has created more opportunities for women, even in sectors traditionally dominated by men,” said Rebecca Henderson, CEO of Randstad Sourceright. “In this job market, employers are giving female workers a chance they would not have otherwise, which could eventually facilitate more long-term gender balance, both in what are viewed as traditionally male roles and in the overall workplace."
 
Overall, the fastest-growing sectors include administrative and support services, computer systems design, construction, health care, real estate and hospitality. Manufacturing is up again, after experiencing a decline earlier this year. Retail, however, continues to lose jobs as consumers move away from brick-and-mortar stores.
 
Get the details and see the recent stats in SHRM, then explore other articles, white papers and case studies that showcase how employers are advancing diversity and inclusion in the workplace.

about the author

Rebecca Henderson

Rebecca Henderson is CEO of Randstad Global Businesses and executive board member of Randstad. In this core leadership role, Rebecca brings more than 20 years of experience in all facets of talent acquisition solutions and technology. With deep insights and progressive perspectives, Rebecca steers Randstad Global Business’ development to ensure human capital leaders can play a strategic role in driving growth locally, across regions and globally. Rebecca is a highly regarded leader in the talent management field and has been recognized by Staffing Industry Analysts in “The Global Power 100 Hall of Fame.”

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