The roughly 98,000 jobs added across the U.S. in March 2017 represents the smallest gain in approximately one year, according to recently-released federal statistics. Reacting to the “Employment Situation Summary” data from the U.S. Bureau of Labor Statistics, some economists believe that winter weather and recent higher hiring numbers allow for the slump seen in March.
An S&P Global Ratings chief economist told The Washington Post that while March’s numbers were a disappointment, a rebound to recent gains is likely not too far off. To Todd Katz, who has spent decades as an authority in the financial sector, the ebb and flow of hiring is just part of the process. However, he also has some suggestions for both companies looking to add to their ranks in the coming months and job-seekers in the hunt for the perfect gig.
Per the April 2017 Washington Post article, March unemployment was down compared to February’s total – 4.5 percent to 4.7 percent, respectively. The report adds that roughly 56,000 of the total 98,000 jobs added came from the professional and business services sectors. The reason why winter weather affected employment totals is because retail and construction jobs, for example, are heavily tied to foot traffic and the ability to work.
So what should employers look for in the coming months as the U.S. economy continues its rebound from the Great Recession? According to Todd Katz, it’s easy to figure out who’s going to thrive in any environment if you’re looking for a few key traits.
The first consideration for employers should be enthusiasm. If your candidate is enthusiastic, that’s a sure-fire sign that this person will hit the ground running if hired. Given the massive shedding of jobs that has taken place in the U.S. over the past 10 years, a candidate who admits that they might be overqualified should show you that they want to perform the work you’ll be offering them – and not just working for a paycheck. Finally, consider how you’re coming across. This can be tricky for those who perform candidate interviews often, but how can you expect someone to be interested in working for you if you can’t get excited for your own employer?