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Talent Market Monthly

Slowing Growth in the Job Market Continues

• Employment gains were sluggish in April, as hiring continued on a very modest pace and the unemployment rate edged down.

• The U.S. economy created an average of more than 200,000 jobs per month in the first four months of 2012, showing some resilience despite slower GDP growth in the first quarter.

• Lackluster U.S. growth prospects and an uncertain global outlook may lead to a more prolonged and muted recovery in the labor market.

Latest Findings from Kelly Global Workforce Index™

Employees across the globe have experienced unprecedented economic turmoil, and, as a result, are restless regarding future career goals. Many are unhappy in their jobs and are actively searching for new opportunities. Others are content with their current employment position but are seeking greater engagement and meaning from their positions.