All Posts Tagged With: "unemployment numbers"
If you’re looking for work, here is where you may be able to find it.
Jennifer McClelland | RSS | Tue, Dec 29 2009 | 0 Comments
There are so many businesses out there that have hiring at a standstill with hiring and pay raise freezes. However, some industries are coming out as the places to work, where you can find a job and actually do alright.
The industries where jobs can be found include: Accounting, Information Technology, and even food service. This is all according to government data.
There are several surveys out now that are indicating that many companies won’t be hiring anytime soon, but a lot of the companies in the industries listed above will be looking for new recruits and are already out there actively seeking employees.
After shrinking for an entire year, four quarters in a row, the economy is expected to pick up a bit for the July through September quarter; this could lead employers to take away hiring freezes and start hiring people again. However, even with the new unemployment numbers out and showing a decrease in the total number of those who are unemployed, unemployment is expected to increase to 10% by the end of the year. Total job openings stayed steady through June according to the Labor Department.
Of course there are plenty of accounting jobs out there. The college I graduated from often boasts their 100% placement rate for accounting graduates. That number just seems crazy to me. After all, they just took a lot of the same classes I took to get through business school, yet most of them end up working in their field within weeks of getting their diplomas.
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Tags: business school, accounting jobs, job openings
Consumer confidence reaches six month high
Jennifer McClelland | RSS | Wed, May 27 2009 | 3 Comments
The consumer confidence level has increased at a fairly steady rate for a couple of months, but the numbers that came out today were much higher than anticipated as far as the increase goes. The Conference Board’s Consumer Confidence Index has a 14.1 point surge; increasing to 54.9 for the month of April. Economists were expecting a Confidence Index of 42.3. This comes just months after February’s lowest level ever of 25.3.
The consumer confidence interval is determined by a mail survey of a sample of 5,000 households in the United States from May 1st to May 19th.
The confidence interval increase means that many people are feeling more optimistic about the future of the economy including unemployment numbers. However, it is likely that the unemployment rate will hit just above 9% in the next month or two. It is nice to see that people think that things are getting better even when there are is a lot of grim news coming from economic indicators.
Today when the consumer confidence index rose, so did stocks. The Dow Industrial Average rose over 200 points, or 2.4 percent today after the news about consumer confidence came out.
The consumer confidence index began falling in October, when it fell to 38.8. At the time, it was the lowest number that had ever been seen since the Conference Board started tracking the confidence index.
This, by no means, means that people will begin throwing their money away on expensive clothing or other things that have been deemed “unnecessary” in the past few months. What was once just something that may have been a splurge is now seen as frivolous and is possibly frowned upon in some social circles.
Another reason that people aren’t spending their money on those things is that there aren’t as many jobs going around anymore and that the actual wealth going around is much less than it was even a year ago. With people having less and less money, I am actually pretty surprised that the consumer confidence index has risen. Perhaps people are getting so tired of the current economy that they are being overly optimistic on the surveys that are being sent out.
I mean, even this news is coming out in a positive light following the news last week that housing prices has fallen in the sharpest decline in the first quarter of the year.
In my optimistic point of view, perhaps this is the beginning of some sort of economic increase. If you follow the stock market, commodities market, and other indicators, then perhaps things are starting to pick up.
Related posts:Consumer confidence drops for October
Tags: unemployment numbers, splurge, dow industrial average
The Pitch – What are your summer plans?
Jennifer McClelland | RSS | Tue, May 26 2009 | 0 Comments
What do your summer plans include?
Question:
Well, summer is upon us. Yesterday was Memorial Day, the unofficial kick off of Summer 2009. Considering gas prices are on the rise and we’re still facing some pretty heavy duty unemployment numbers, what do your summer plans include?
Answer:
Personally, my summer plans include finishing up school then working to find a job. At this point, any job may be just fine for me.
Gas prices are on the rise, so going away for a week or so may be out of the question for some (and I am even thinking twice about a trip to Florida at the end of the summer).
I think this may be another one of those “staycation” years. Like last year when gas was $4 a gallon, many families opted to stay home rather than go far away to vacation. That may happen again this year.
Have an idea or want us to use your pitch in the next issue? Then, make a submission on The Pitch Page. Related posts:
The Pitch – How often should minimum wage increase?
The Pitch – Are you worried by the drop in average home price?
Tags: gas prices, unemployment numbers, style color
