Is Your Job Recession-Proof?

April 17, 2008

Via CareerBuilder …

Though it’s difficult to predict exactly how the year will pan out, weak job growth, a slowing economy and troubled housing markets all point to signs of an economic recession. The good news for job seekers is that employers are still hiring and certain industries will survive (even thrive) during hard times.
Thirty-two percent of employers plan to add full-time, permanent employees in 2008, according to a CareerBuilder.com survey. Most employers are cautious, but expect a slower, yet steady hiring environment.

Service sector rebounds slightly

April 3, 2008

Via CNNMoney.com …

A key index of business activity in the nation’s services industry rose unexpectedly in March, but the indicator remained below the level that shows growth in the sector.

The Institute of Supply Management’s March report on businesses outside of the manufacturing sector rose to an index reading of 49.6 from 49.3 in February, the ISM announced Thursday. Economists were expecting a reading of 48.5, according to a consensus compiled by Briefing.com.

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Jobless claims: Highest since Katrina

April 3, 2008

Via CNNMoney.com …

New filings for unemployment claims surged in the latest week to the highest level since September 2005, according to a government report released Thursday.

The Labor Department said applications for unemployment benefits rose to 407,000 in the week ended March 29, up from a revised 369,000 claims in the previous week.

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