The nation’s unemployment rate rose from 8.1% to 8.5% in March. Since the recession began in December 2007, 5.1 million jobs have been lost, with … Read more
Worst Month Since December 1974
Oh, what a month! The U.S. lost 533,000 jobs in November, the highest rate in 34 years (since 1974). This moves the nation’s unemployment rate to … Read more
Profs Downbeat on ’09, But Urge Caution When Cutting
For the next issue of the Journal of Corporate Recruiting Leadership, I asked business, econ, and finance professors what they expect out of the 2009 … Read more
Veterans Make Good Hires Though Some Take Months To Find A Job
As America honors its military veterans, there’s news about the difficulties some vets have finding a job. A CareerBuilder (profile; site) survey … Read more
$11 Trillion Flowing Into World Financial System Means Jobs, Lots of Jobs!
Eleven Tril is the equivalent of 9.5 months of our Gross Domestic Product ($14.3 Tril a year), or 2 1/2 months of the world GDP! ($54 Tril). And while we … Read more
Despite The Numbers, This Is A “Different” Kind Of Recession
What’s worse than losing the presidential election? Winning it three days before the unemployment rate jumps to 6.5 percent after the U.S. economy … Read more
Healthcare Hot Amid Recession Rot
Friday’s Bureau of Labor Statistics monthly jobs report shows pockets of good news nestled in with the bad. But how much can we rely on the BLS … Read more
How Companies May Respond to the Economy
From October 15 to 24, 2008, Towers Perrin surveyed human resources executives and staff at more than 450 companies, asking what they’re likely to do … Read more
Hefferlin: If Oil Keeps Plunging, Employment Should Pick Up
Jonathan R. Hefferlin, managing director at MRI Dana Point, a former radio commentator and a prescient observer of economic trends, gives his weekend take … Read more
Integrating Labor Market Data into Planning and Recruiting Strategies
Workforce planning uses a blend of hard data, human intelligence, and management intuition to accurately forecast upcoming recruiting needs. While the … Read more