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Posts Tagged ‘recession’

Survey Reveals Job Hopping Stigma No Longer Exists

job-interviewIf you’re concerned about staying at your current employer for at least two years for fear of being perceived as a job hopper, this news may brighten your day.

According to an Accountemps survey, 57 percent of workers between 18 and 34-years-old believe job hopping isn’t necessarily a bad thing. In fact, they believe it can actually help their careers!

Percentages decrease as age increases but are still higher than what we originally anticipated: 38 percent of workers between 35 and 54 mentioned job hopping isn’t bad and 22 percent of the 55+ crowd felt that way, too. Read more

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Jobless Claims Drop; Economists Rejoice

job searchGood news on the job market front! The number of Americans filing for unemployment benefits dropped last week.

For the week ending December 13, the fewest claims were made since early November, according to the Department of Labor. The magic number was 289,000 and we simply have to mention claims have been less than 300,000 for the past 14 weeks!

This means just what you think — employers aren’t giving pink slips as fast and furiously as they previously were and hiring is as its strongest since 1999.

According to a piece on Bloomberg, Stephen Stanley indicated, “Labor demand has in fact picked up a bit.”

The chief economist at Amherst Pierpont Securities mentioned in a research note, “Chair Yellen set continued improvement in labor market conditions as the key requirement to justify liftoff at some point next year, and the data continue to support that scenario.”

Pew Center Reports Positive Attitudes Regarding Job Market

Job-SearchWe were going to type “‘tudes” but figured that may be taking it a little too far but ’tis indeed true! The Pew Center reports positive attitudes on the street regarding views of the job market.

This marks the first time in at least five years that Americans are hearing good news (26 percent) compared to  those hearing bad news (25 percent). And technically, a 45 percent plurality hears a mixture of both good and bad.

Looking at the sunny side up, this is the first time that more than 20 percent of respondents have indicated positive attitudes surrounding jobs since…wait for it…2009. Read more

Monthly Jobs Report Shows Strong Numbers

jobsHappy Friday one and all! For those of us watching the monthly jobs report, it’s a happy Friday indeed.

The Department of Labor showed an addition of 321,000 jobs last month.

This is the biggest increase in almost three years! And it looks like 2014 is winding down on a high note — November signifies the 10th consecutive month of job gains above 200,000. This means 2014 has been the best hiring year since 1999.

Read more

Monthly Jobs Report Showcases Excellent News

american-flag-2aThis morning the Department of Labor announced strong numbers.

In September employers added 248,000 jobs and the unemployment rate fell to 5.9 percent — that’s the lowest since July 2008!

Hourly earnings rose as well although it sounds like they are at a snail’s pace. Naroff Economic Advisors’ economist Joel Naroff told USA Today, “The labor market is clearly tightening but there’s still no wage pressures. “When do businesses start dealing with labor shortages by raising wages?” Read more

On Cusp of Monthly Jobs Report, ADP Reports Good News

Job-SearchThe Department of Labor will release its monthly data tomorrow and ADP is sharing news that September turned out better than expected!

The payroll company says private sector hiring picked up a little in September. This marks the sixth consecutive month of gains surpassing 200,000. What does this mean exactly? According to a MarketWatch piece, this signifies a sign of strength and growth for our economy.

In September, the private sector added 213,000 jobs. In August they added 202,000 jobs. Economists originally expected a gain of 209,000 last month, so the actual number of 213,000 sounds pretty darn good to us!

Monthly Jobs Report Shows Economy Plodding Along

relocate jobOn Friday the Department of Labor released its monthly data and let’s just say things seem to be plodding along.

Employers added 142,000 jobs in August which is below the 226,000 average increase from previous months. In addition, the unemployment rate fell to 6.1 percent which represents the lowest level in nearly six years. Read more

Research Shows Job & Lifestyle Pessimism After Great Recession

flagAlthough it’s a Tuesday and certainly feels like a Monday, we’ll take it! The countdown to the next weekend has begun and it definitely doesn’t feel like summer is over. At least that’s what we keep telling ourselves anyway. See where we’re going with this? Positivity.

We like to look at the bright side of things here at MediaJobsDaily which is why this new research study was a little hard to stomach. Yes, it’s reality but still a little too bleak for our taste.

Here’s why: The John J. Heldrich Center for Workforce Development at Rutgers University released their research basically showing most Americans conclude our economy has permanently changed for the worse after the recession. Read more

Majority of New Jobs Pay Higher Than Average Wage

moneyWant some good news on this Monday afternoon? Who doesn’t, right? Let’s face it we’re going to dish it out anyway.

According to MarketWatch, the economy isn’t just adding jobs at a fast pace. It’s adding jobs that pay even better than they have in previous years!

More than half of the new jobs created in 2014 are paying higher than the hourly U.S. wage. Per the data, 58 percent of the new jobs pay more than the average hourly wage of $24.45. This is comparison to last year’s numbers of 48 percent.

Per the piece, this year businesses are focusing on extending job offers to more white collar employees. Health care is still strong and financial services has picked up its pace.

 

Jobless Claims Rise During Holiday Week

job searchAccording to a story on Bloomberg, more Americans filed applications for unemployment benefits last week than originally anticipated. Apparently the Easter holiday break made it difficult to ascertain data for seasonal deviations.

For the week ending April 29, jobless claims increased by 24,000 for a total of 329,000. As per 44 economists surveyed by Bloomberg, they predicted a number of 315,000. A Labor Department spokesperson indicated to the press that it’s hard to quantify numbers from year to year during spring holidays. Read more

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