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Posts Tagged ‘unemployment’

Good News! Monthly Jobs Report Shows Another Dip in Unemployment

ImproveJobProspectsWhat a way to end the week on a high note! The monthly jobs report was issued today and employment looks really good.

For the ninth consecutive month, more than 200,000 jobs were created. In October alone 214,000 new jobs were added. Plus, unemployment decreased to 5.8 percent. We should point out that’s the lowest it’s been in six years. Read more

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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

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

Unemployed & Pounding the Pavement? Survey Says Only 11 Percent Will Land Full-Time Jobs

unhappy-computer-keyAs we roll into the weekend, we want to end the week on a good note. Alas, the economy doesn’t make that easy. Per a new study conducted by three Princeton University economists, Americans who have been unemployed for more than six months are in the minority of landing a full-time job.

That is, 11 percent of this population will regain steady employment. The number of long-term unemployed equates to 3.8 million people which is technically 37 percent of Americans who are unemployed.

Furthermore, the long-term unemployed are more than twice as likely to stop looking for a new job than to find one. Researchers also mentioned when this population leaves the labor force, they’re more likely to say they don’t even want a job any more. Read more

New ADP Report Shows Job Growth

job searchAs 2013 winds down, there’s good news to share. According to an ADP report issued yesterday, the U.S. private sector added 215,000 jobs in November.

Numbers are based on literally millions of paychecks ADP handles each month. As for the really good news? The number was approximately 40,000 to 50,000 higher than predictions by economists, so says Business InsiderRead more

Monthly Jobs Report Reveals Slight Uptick in Unemployment

Job-SearchThe U.S. Department of Labor released its monthly job report this morning and although the unemployment rate increased to 7.3 percent, the good news is that employers have added 204,000 jobs.

This number of job addition was significantly higher than original estimates.

According to ABC News, economists surveyed prior to the report anticipated 120,000 added jobs and an unemployment rate of 7.3 percent. Read more

Knowing Your Rights Regarding Forced Resignations

If you feel like you’re being forced to sign a resignation letter courtesy of your employer providing it, a piece on AOL Jobs attempts to set the record straight with several important items to think about.

1. Are you being offered a package? If you’re not, what’s the benefit to your resignation? The piece suggests letting them fire you instead so you’ll “at least get unemployment.” Read more

Instead of Doling Out Pink Slips, Some Japanese Companies Put Employees in ‘Banishment Rooms’

We shouldn’t live in a bubble so what you’re about to read will bring a new perspective to a basic conference room. While some Japanese companies are reluctant to show employees the door, they embrace banishment rooms.

Looking to pink slip an employee? Fughettaboutit! As per the Asahi Shimbun, companies are transferring surplus employees and giving them mundane tasks to accomplish. The goal is for employees to reach a point of despair and simply quit on their own.

And we’re not talking about boutique companies. As mentioned in the piece, two subsidiaries of Panasonic Corp., Hitachi Ltd., Sony Corp., an NEC Corp. subsidiary and Seiko Instruments, Inc. have all employed banishment rooms. Read more

Uptick in February Hiring Looks Good for Economic Recovery

There’s good news on the horizon for everyone keeping score with the economy.

As per CareerCast’.com/JobSerf’s Employment Index, national hiring climbed by 4.9 points in February. What exactly does this mean? Compared to a 2.2 increase in January it’s on the way up and reflects job growth across the country. Read more

Data Reflects Decrease in Americans Seeking Unemployment

Maybe this week will end on a good note? According to data released by the Labor Department, last week weekly unemployment benefit applications dropped by 37,000.

The seasonally adjusted number of 335,000 is technically the lowest level since January 2008!

This could perhaps mean that the job market is finally on the upswing.

That said, as per a piece by The Associated Press, applications in January can be misleading. Pink slips sometimes occur in the middle of the month when restaurants and retail companies let go of their holiday workers.

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