Via CNN.com …
The unemployment rate took its biggest jump in more than two decades in May as employers once again cut jobs from U.S. payrolls, according to a government report Friday, showing a job market weaker than expected.
The unemployment rate soared to 5.5% from only 5% in April. Economists surveyed by Briefing.com had only forecast [...]
Archive for the ‘Statistics’ Category
Unemployment soars to 5.5%
Posted in Statistics, hiring on June 6, 2008 | Leave a Comment »
Workers shifting to 4-day week to save gas
Posted in Statistics on May 29, 2008 | Leave a Comment »
Via Reuters …
When Ohio’s Kent State University offered custodial staff the option of working four days a week instead of five to cut commuting costs, most jumped at the chance, part of a U.S. trend aimed at combating soaring gasoline prices.
“We offered it to 94 employees and 78 have taken us up on it,” said [...]
Jobless claims post sharp decline
Posted in Statistics, hiring on May 8, 2008 | Leave a Comment »
Via Associated Press …
The number of newly laid off workers seeking unemployment benefits dropped much more than expected last week.
The Labor Department reported Thursday that applications for unemployment benefits fell to 365,000, a decline of 18,000 from the previous week. Economists had been looking for a much smaller decrease of around 5,000.
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Service sector rebounds slightly
Posted in Statistics, hiring on April 3, 2008 | Leave a Comment »
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 [...]
Jobless claims: Highest since Katrina
Posted in Statistics, hiring on April 3, 2008 | Leave a Comment »
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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Employers Slash Jobs by Most in 5 Years
Posted in Statistics, hiring on March 7, 2008 | Leave a Comment »
WASHINGTON (AP) — Employers slashed 63,000 jobs in February, the most in five years and the starkest sign yet that the country is heading dangerously toward recession or is in one already.
The Labor Department’s report, released Friday, also indicated that the nation’s unemployment rate dipped to 4.8 percent as hundreds of thousands of people — [...]
Recruiters See Strong Hiring Ahead Despite Recession Talk
Posted in Statistics, hiring, recruiting on February 12, 2008 | Leave a Comment »
From Workforce Management …
While the prospect of a recession is rattling nerves from Main Street to Wall Street, a case of recession jitters hasn’t fully engulfed the recruiting community.
“I definitely see movement on the horizon,” says Nancy Albertini, chairman for executive search firm Patterson Blackstone in San Jose, California, which recruits high-level executives in the [...]
An Upside to Recession?
Posted in Statistics, hiring, productivity, recruiting, resources, sourcing on January 30, 2008 | Leave a Comment »
Via BNET …
Everyone is talking recession. President Bush is promising tax relief, and it hasn’t been a very cheery couple of days for the markets. Two thirds of Americans think we’re either already in or on the edge of a recession, and, not surprisingly, consumer spending has slowed. Among all this gloom and doom, yesterday [...]
Online job ads rise
Posted in Statistics, hiring on October 1, 2007 | Leave a Comment »
via Staffing Industry Analysts …
The number of U.S. jobs posted online rose 4.0%, or 165,200, to almost 4.3 million in September, according to The Conference Board’s online help-wanted advertising survey. Total ads rose 17.5% year-over-year in September.
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U.S. Employment Declines for First Time Since 2003
Posted in Statistics, hiring on September 7, 2007 | Leave a Comment »
Via Bloomberg …
The U.S. economy unexpectedly lost jobs in August for the first time in four years, increasing speculation that the Federal Reserve will have to reduce interest rates to counter an economic slowdown.
Employers cut 4,000 workers from payrolls, compared with a revised gain of 68,000 in July that was smaller than previously reported, the [...]
