Is the economy rebounding? Friday’s latest jobs report shows the July unemployment at 9.4%, down from 9.5% in June. American employers cut just … Read more
Job Losses Continue To Mount, Pushing Unemployment to 8.5%
The Bureau of Labor Statistics played spoil-sport this morning, raining on Wall Street’s parade with a jobs report that said unemployment has … Read more
663,000 Jobs Lost in March
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