American State Jobs

Unemployment Decrease Among Professionals      The employment numbers were released about a week ago, and the big news was the significant drop in the unemployment rate among professionals: from 5.2% in September to 4.7% in October.

At the heart of the numbers was the fact that unemployment dropped for professionals and managers in October (it also dropped for those with college degrees).  This continues a decline that began in the summer and has seen the professional unemployment rate decrease from a decade-high 5.5% in July to 4.7% last month.

Big-picture economic statistics obviously don’t mean much to your job hunt.  It points to some cautious optimism that the Great Recession may be receding.

Let’s all certainly hope so