Pasadena, CA -- (SBWire) -- 04/16/2012 --Payrolls have increased in March over previous months, according to a report put out by the ADP Employer Services. This means companies have been hiring more people, which is a steady sign of economic growth.
In fact, all sectors of the job market grew last month, with an anticipated increase of 215,000 jobs for March. Even so, the unemployment rate held steady at 8.3%. This might be confusing for some people. How can payrolls increase yet unemployment not go down?
It's all about keeping up with demand. Every month, there's a need for more positions to sustain the growing economy. New people enter the workforce every day. While an increase of 215,000 jobs is definitely nothing to sneeze at, it's not enough to compensate for all those out of work and those just entering the workforce. In short, growth is good, but more dramatic, faster growth is needed if the market is ever to fully recover.
In the meantime, job seekers need to take advantage of every search strategy out there, including a site called Hound.com. This site is subscription based to help weed out those that aren't serious about finding a job. Subscribers gain access to a variety of open positions that are pulled directly from employer's websites. These jobs aren't publicized, meaning the applicant pool will be smaller. This increases each applicant's chances considerably.
To make sure each job seeker has an improved chance at finding work with these increased payrolls, they should utilize every tool available.
Increase in Payrolls a Positive Sign for Job Growth
Pre-recession Job Levels Make Looking For Work Still a Challenge