Unemployment rate falls to 10.2% in July

Today’s department of Labor reports show a third consecutive month of employment gains.  Still a far cry from the low of 3.5% just six months ago.  We are trending back and as expected, the rate of jobs gains is flattening as we close back in on the single digit territory.  As the $600 additional unemployment subsidy expires, it is likely more people will seek re-employment as there was an adverse incentive to stay home during the panic.

For the WSJ article Click Here

Job postings for accounting and finance have remained strong and as usual, is below the overall unemployment numbers.

Torrey & Gray is a top recruiter in the Chicago area for both permanent hire accounting and finance professionals as well as temporary and temp-to-hire professionals.  Typical position titles are Chief Financial Officers, Controllers, Accounting Managers, Financial Modeling, Tax Accountants and more.