GRAND RAPIDS, Mich., July 10, 2015 /PRNewswire/ -- The latest employment and consumer spending numbers paint a rosy picture of America's economic health. As of June, the unemployment rate dipped to just 5.3%, the lowest level since April 2008 – just before the total collapse of the housing market and resulting financial crisis. WorkingCouples.com (http://workingcouples.com/) welcomes this news, as it means employers are actively hiring and no longer adopting a wait-and-see approach.
"While the recent unemployment data is promising, couples looking for work have faced an uphill battle even when the economy is healthy," remarks Lee Ashworth, co-founder of WorkingCouples.com. "The big name job sites are geared toward individuals, yet so many employers need teams of two to fill certain positions. We provide the only job search portal of its kind catering exclusively to couples, with tools and features to maximize subscribers' odds of success. We gladly meet the needs of both job seekers and the employers who want to hire them. If the economy continues at its current clip, we expect use of the portal to likewise trend steadily higher."
The US added 223,000 jobs in June, well above the threshold needed to keep the unemployment number moving downward as it has been for most of the last five years. However, labor participation is also at historic lows; less than two-thirds of people capable of working are either employed or seeking employment. The dwindling participation rate is arguably the only touch of grey on a decidedly silver lining – and Ashworth and his team believe that many of these non-participants might benefit from browsing the listings at WorkingCouples.com.
Another factor supporting not just a rebounding but also a surging economy are the latest consumer spending figures. In May, spending rose at a clip not seen since 2009 – in the midst of a floundering economy. Today, though, the combination of falling unemployment, a strong stock market and more spending all add up to an undeniably good outlook for the rest of the year and beyond. For owners of resorts, hotels and campground, more consumer confidence will inevitably translate to more consumers traveling and ultimately spending some of their hard-earned vacation savings. That will mean greater demand for workers in fields like hospitality and resort management.
While jobs were added to virtually all sectors of the economy, business services, healthcare and retail posted the most significant gains. Healthcare is of particular note because so many job postings at WorkingCouples.com involve senior care services. From skilled nursing and home health aides to assisted living arrangements, finding qualified applicants to supply a 24/7 demand has always been difficult. An aging population complicates matters even further.
"There will be tremendous growth in senior care services for years to come," adds Ashworth. "WorkingCouples.com is positioned as a vital link between employers – many of them private individuals and families – and compassionate, professional teams of two who are willing to help the elderly age gracefully and live as independently as possible."
Economic analysts and policy makers will no doubt keep eagle eyes trained on the nation's GDP, unemployment numbers and related metrics for the remainder of the year. The big question is whether today's positive news is indicative of a long-term resurgence that could see the economy steam into record territory and deliver benefits to all Americans.
Ashworth and his team will also be monitoring relevant economic news, while continuing to introduce new features to WorkingCouples.com as part of maintaining its leadership position in the area of couples' employment.
WorkingCouples.com is a subscription-based job posting board for couples. As the largest single source of jobs for two on the web, the site is experiencing tremendous growth. Couples and employers are encouraged to follow WorkingCouples.com on Twitter and like the site on Facebook.
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