“2014 was the best year for job growth since 1999 — and nearly every industry shared in the gains.
A good year for hiring — finally.
Not only has overall job growth been strong this year, but the types of jobs added have been spread across almost every industry.
In November, the Labor Department’s diffusion index, which measures the breadth of industries expanding their payrolls, reached its highest level since January 1998, signaling that the labor market recovery is broadening, and isn’t restricted to certain sectors of the economy.
The strongest showing came from the business and professional services sector, which added a total of 680,000 jobs through November this year (December numbers won’t be released until Jan. 9.) This sector includes a range of positions, such as marketing associates, secretaries and lawyers.
Take, for example, the online reviews company Yelp  YELP 0.77% , which hired about 300 salespeople over two quarters this year, adding to its almost 2,000-person staff. CFO Robert Krolik said that the company is preparing for the future now “by hiring so many folks now and making sure that they are productive.†If business does slow down, all Yelp has to do “is slow down the hiring process,†he added.
2014 was the best year for job growth since 1999 — and nearly every industry shared in the gains.
A good year for hiring — finally.
Not only has overall job growth been strong this year, but the types of jobs added have been spread across almost every industry.
In November, the Labor Department’s diffusion index, which measures the breadth of industries expanding their payrolls, reached its highest level since January 1998, signaling that the labor market recovery is broadening, and isn’t restricted to certain sectors of the economy.
The strongest showing came from the business and professional services sector, which added a total of 680,000 jobs through November this year (December numbers won’t be released until Jan. 9.) This sector includes a range of positions, such as marketing associates, secretaries and lawyers.
Take, for example, the online reviews company Yelp  YELP 0.77% , which hired about 300 salespeople over two quarters this year, adding to its almost 2,000-person staff. CFO Robert Krolik said that the company is preparing for the future now “by hiring so many folks now and making sure that they are productive.†If business does slow down, all Yelp has to do “is slow down the hiring process,†he added.
