Blog Entries tagged 'unemployment rate' Blog Entries tagged 'unemployment rate' Sun, 02 Jun 2013 19:34:26 +0100 FeedCreator 1.7.2 The non-entrepreneur entrepreneur

Let's face it. Seemingly every day another piece of data is reported that suggest the economy is on the road to recovery...except for jobs.

Sure the unemployment rate is down to 8.9 percent, the lowest level since April of 2009 as 192,000 jobs were added last month. Also, the December and January new jobs numbers were revised upward by a total of 58,000 jobs.

Even so, about 2.7 million who are unemployed are still not actively seeking work, so they are not counted in t [...] Tue, 08 Mar 2011 23:00:00 +0100 unemployment rate jobs job security entrepreneurship entrepreneurs Careers/Management The upside of high unemployment

So, here is the upside to stubbornly high unemployment and slow job growth.

US labor productivity surged to 2.4 percent in 2009 and 2.8 percent in 2010, according to The Conference Board. This compares with just 0.8 percent in 2008.

Globally, labor productivity growth in 2010 climbed to 3.3 percent, up from minus 1.2 percent in 2009. "A 1.5-percent increase in job growth was accompanied by 4.8-percent growth in global output," points out The Conference Board in [...] Sun, 16 Jan 2011 23:00:00 +0100 unemployment rate unemployment temporary workers productivity freelancers contract workers Conference Board Cash Careers/Management Why some jobs are going unfilled

Contrary to what a number of politicians have asserted in recent days, the current jobless rate is not due to a pervasive desire to cash unemployment checks and lounge around or a desire to become "hobos," as Sen. Richard Burr (R-NC) asserted earlier this year.

A new Deloitte study soberly concluded what many employers have suspected for years: The potential employment pool is becoming less and less qualified for the jobs that are available.

It reports the quest f [...] Wed, 22 Dec 2010 23:00:00 +0100 unemployment rate unemployment research and development R&D; jobs joblessness Deloitte Careers/Management Majority of smaller company CFOs plan to hire

More than half of chief financial officers at smaller companies say they plan to hire additional workers in the near future.

According to the latest quarterly survey of CFOs conducted by Financial Executives International (FEI) and Baruch College's Zicklin School of Business, 56.5 percent of CFOs said they plan to hire more people in the next six months. A little more than 28 percent said they have no hiring plans while the rest said it is too soon to determine.

This i [...] Sun, 31 Oct 2010 23:00:00 +0100 unemployment rate hiring FEI CFOs Cash Careers/Management Baruch College's Zicklin School of Business Jobs picture improving in many states

There is little disagreement that the national jobs picture is ugly. The unemployment rate stands at 9.5 percent, unchanged from June 2009. If you include the under-employed, the fed up and not looking crowd, and the frustrated college grads who decided to go back to college, the rate is probably closer to 20 percent.

However, there are some bright spots-okay, let's call them not-as-bad spots-when you break down the job data state by state.

According to a new study by [...] Mon, 19 Jul 2010 23:00:00 +0100 unemployment rate unemployment jobs Cash Careers/Management Bureau of Labor Statistics Don't misinterpret HP's 3000 job cuts

Uh oh.

Hewlett-Packard said it is laying off 9,000 people.

Is this 2008-2009 all over again? Is HP a harbinger of a new wave of massive layoffs that will catapult the unemployment rate back to double-digits and help lead us into a double-dip recession?

Not so fast. If you read the computer company's regulatory filing, it doesn't sound like your routine, business stinks, so we are firing people, announcement.

Rather, the company said it plans to inv [...] Mon, 31 May 2010 23:00:00 +0100 unemployment rate layoffs jobs Cash 10% joblessness doesn't quite signal a recovery

What to say about today's unemployment announcment?

Good news, for sure.  Great news ... hmmm.

Ron Fink pointed out to me this morning a seldom-seen chart that adds some graphic perspective to what's happening.  It's worth clicking on: you can see just how deep this joblessness runs relative to previous recoveries (in 1948, 1952, 1958, 1960, 1964, 1979, 1980, 1981 and 2001).   This curve is way different from the others.

Yet almost every headl [...] Thu, 03 Dec 2009 23:00:00 +0100 unemployment rate recovery recession joblessness