A report released today by the Labor Department and developed with Macroeconomic Advisors LLC showed that the U.S. private sector added 201,000 jobs during the month of March. This precedes the official release this Friday, April 1 by the Labor Department for both public and private labor market report for the month of March. These numbers are in line with what economists predicted, illustrating a steady economic recovery.
At WebiMax, 10+ new employees were hired in the month of March. As WebiMax continues to expand, Founder and CEO Kenneth C. Wisnefski has made an aggressive push to hire additional staff, as demand for WebiMax’s product portfolio continue to rise both domestically and internationally. In a recent press release, Wisnefski discusses the recent expansion efforts in addition to securing an undisclosed amount or private equity financing to expand operations.
“Companies are starting to get over the fear of further damage to the economy, and are confident in hiring again”, says Wisnefski, who appeared on FOX Business in February discussing the labor market. “At WebiMax, we’re hiring and we’ve been hiring for the past 3 years as our revenue has been rising rapidly over that 3 year span”.
Another report also released today shows that the number of planned layoffs for U.S. companies declined in March. Employers announced 41,500 planned job cuts during March, down 18% from February.