The White House is predicting a slow but steady job recovery for 2010. According to President Obama’s chief economist, Christina Romer, the White House anticipates job growth of 95,000 per month for this year but doesn’t expect significant movement in the unemployment percentage. This prediction mirrors many private forecasts, and the White House may be trying [...]
Continue reading...Thursday, January 7, 2010
The number of new claims for unemployment edged up slightly last week to 434,000. Analysts had predicted a much larger jump, to 447,000. The one week rise followed two straight weeks of declines, and the four week average, considered to be a more reliable indicator of trends in the job market, continued it’s [...]
Continue reading...Thursday, December 10, 2009
According to a report issued by the Bureau of Labor Statistics, the two sectors that will experience the broadest job growth over the next decade are professional and business services and health care. More than half of all new jobs over the next ten years are expected to come in the service industry. [...]
Continue reading...Monday, November 23, 2009
The unemployment rate in Oklahoma hit its highest level in 21 years last month, coming in a 7.1%. The good news is that even though unemployment continued to rise, the state added 8,000 jobs in the same time frame, many of which have not yet been filled. The biggest gains, in what is [...]
Continue reading...Friday, November 20, 2009
It’s beginning to feel like a trend, and this is the kind of trend that we like to talk about. Job losses slowed across the nation in October, with several states adding jobs. The two states with the highest jobless rates, Michigan and Nevada, both showed a decline. Michigan’s jobless rate fell [...]
Continue reading...Thursday, November 19, 2009
In what may be an early sign of a rebounding job market, Minnesota companies added 2200 jobs in the month of October. Significantly, professional and business service jobs and temp jobs ticked up sharply. Temp jobs are often an leading indicator as companies test the waters with temp hires and October was the [...]
Continue reading...Monday, October 26, 2009
The National Association for Business Economics released a survey of its members today that showed more companies planning to add jobs than cut jobs, for the first time since December 2007. For the first time since October of 2008, more member companies increased capital spending last quarter than cut it. Two other [...]
Continue reading...Wednesday, October 7, 2009
Statistics Canada is scheduled to release its monthly report on Friday morning, but its expected to say that the net number of jobs increased by 5,000 in September, adding on to an employment surge from August. At the same time, unemployment is expected to tick up another decimal. This seeming contradiction may be [...]
Continue reading...Wednesday, October 7, 2009
A new university study predicts that Louisiana will gain 35,800 jobs over the next two years, with Monroe adding jobs at the highest rate and New Orleans, still struggling to rebuild after Hurricane Katrina, adding jobs at the slowest pace. The study also highlights two wild cards that could change the numbers significantly. [...]
Continue reading...Monday, January 19, 2009
President George W. Bush will leave office on Tuesday with the worst employment-growth record of any president since World War II, according to a new analysis from Buffalo Business First. The nation’s job base grew at an annual rate of 0.28% during Bush’s eight years as president — by far the slowest pace for any of [...]
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Thursday, February 11, 2010
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