If you’re out of work then you’re all too familiar with the unemployment rate – 9.5% and rising. But in the July 8th Wall Street Journal, Conor Dougherty reported on another jobs number that doesn’t get nearly as much attention – the Job Openings Rate. That’s the number of jobs actually available at any given [...]
The unemployment rate for May was released this week – 9.4%. Pretty miserable but fortunately not as high as the10.8% we hit in the recession of 1982, right? Well, actually no. Dig a little deeper and a more negative picture emerges.
The reason is that 9.4% reflects the core unemployment rate defined as [...]
There’s an eyeopening article in today’s Wall Street Journal, http://tinyurl.com/nn5uut, about some of the hoops that job seekers have to jump through when applying for an open position these days. Go to an interview and you won’t just be answering complex case questions or providing an on-the-spot business analysis. In an effort to really determine [...]
When I headed to lunch yesterday I took along last week’s Time Magazine cover story on the future of work http://tinyurl.com/r7pu6h. It was a great accompaniment to my yankee bean soup and tuna sandwich. The article is actually a series of 10 essays from a group of Time reporters who specialize in [...]
It happens the first week of every month. The BLS (Bureau of Labor Statistics) releases the unemployment figures for the month previous. If you’re out of work the numbers will either give you some glimmer of hope that you’ll be employed again sometime in your lifetime. Or give you an excuse to say “what’s the [...]