It was revealed today that the US unemployment rate has fallen to a to a five-year low of 6.7%.
The number of unemployed Americans dropped by 490,000 to 10.4 million in December. Over 2013, the number of unemployed persons and the unemployment rate were down by 1.9 million and 1.2 percentage points, respectively.
74,000 fresh jobs were created across the US in December. the Manufacturing, Leisure, and Services sectors showed significant growth. 38,000 more jobs were created in November than previously estimated.
Economists expect growth of 3% this year; increase of 1.3% compared to 2013.
As companies across the US and Canada prepare for increased human capital management demands, the first two quarters of 2014 are set to offer a window for implementing and utilizing new HR software solutions to help need new demands
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