Employee clocks are getting more use in the U.S. as the unemployment rate continues to fall.
New applications for unemployment are close to reaching a level last met in May 2007, according to The Associated Press. The jobless rate has dropped in every week, with rare exceptions to this trend occurring in October 2013 and November 2013.
New jobs in the country have been added at an average of 202,000 per month since October 2013, the last month for which figures are available. The AP points out that increased employment helps add to overall income, which then engenders more economic growth. While unemployment is still high, around 7.3 percent, a continued trend of increases in new jobs will eventually help lower that number.
The U.S. gross domestic product has also risen, based on information from CNN. The GDP was up 3.6 percent in the third quarter of 2013, the latest period for which information is available. GDP growth is another common indicator of overall economic health in the country. While some of the growth is due to inventory stockpiling, overall GDP increase is still a good sign.
With jobless claims falling and more employment opportunities arising, workplace management tools like attendance tracking software help businesses track an increased amount of employees and hours worked.
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