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  • Stagnant Job Market Remains 6/29/10

    admin 8:09 pm on June 29, 2010 | 0 Permalink | Reply
    Tags: , , ,

    Job Openings remain at a very sluggish 3.6 Million openings. Despite the rhetoric from politicians and people wanting the economy to recover, the job market is not seeing a real trend in any direction except flat. Despite billions of $ in stimulus, little or no progress is being made toward creating jobs.

    We have talked to bankers and business owners and many people are waiting for better signs of growth before hiring.

    To find a job, you must be diligent to find companies, areas or regions where growth is occurring. Since the economic recovery is so uneven across the country, each local area needs to be investigated and reviewed to find job openings and a growing (local) job market.

     
  • Unemployment Rises, Job Openings Not so Much

    admin 8:42 pm on May 21, 2010 | 0 Permalink | Reply
    Tags: , political, rate,

    While I do not want to turn this blog into a political communications, it is impossible to connect the unemployment and the government actions. It was announced this past week that the Unemployment Rate rose to 9.9%. What was not so apparent was that they have revised 2009 numbers and we had an unemployment rate of 10- 10.1%. Despite all the money spent by our government, the jobless rate remains high with little momentum to improve it.

    The Job Openings have been stagnant now for 2-3 months. The Job Openings rate has remained nearly the same at just under 3,600,000.

    The job openings most published are:
    Healthcare 457,000
    Computer / Computer Tech 630,000
    Engineers 361,000+
    Customer Service 40&,000

    What does everyone see out there.

    Good Hunting!!!!!

     
  • Unemployment Rate Holds Firm at 9.7%

    admin 12:21 pm on May 2, 2010 | 0 Permalink | Reply
    Tags: CNN, , , Money, ,

    As I published over the last few months, without job openings increasing to over 4 + Million the unemployment rate will hold firm. Although we have seen some increase in job-openings since the beginning of the year, we just don’t see enough to reduce the unemployment rate below these historically high levels.

    If you are looking for work there are some articles on line at CNN/Money section that describe companies hiring. These companies are in the Fortune 500 and are hiring throughout the country for many different positions.

    We believe the real solution to unemployment is small business start-ups. Many of these will come from the ranks of the unemployed and from people frustrated with their income etc.

    To put this all in perspective and looking forward the following are the unemployment numbers since last year:
    May ‘09 9.4%
    June ‘09 9.5%
    July ‘09 9.4%
    Aug ‘09 9.7%
    Sept ‘09 9.8%
    Oct ‘09 10.1%
    Nov ‘09 10.0%
    Dec ‘09 10.0%
    Jan ‘10 9.7%
    Feb ‘10 9.7%
    Mar ‘10 9.7%

    The Government is causing too much uncertainty and cation in the minds and plans of business owners for them to break-out the money to hire people. UNtil businesses understand what obligations ( Tax, Insurance, etc) they will have, they will not rapidly hire.

     
  • Job Openings Slowdown to 2 Month Low

    admin 6:55 pm on April 27, 2010 | 0 Permalink | Reply
    Tags: Business Starts, , , ,

    Disturbing trends are developing in the employment and business areas.

    In early April, the new jobless claims showed a consistent trend upward. This seems to indicate that either unemployment will increase ( or stay the same ) or people are continuing to drop out of the job market.

    Also an article by Scott Shane reports that even though new businesses are starting up, they are smaller and employing fewer employees than in the past. New business starts are lower than many years previously reported and with fewer employees hired, unemployment is potentially headed in the wrong direction.

    Current Job Openings total 3,218,000, too low to reduce unemployment and moving the wrong direction.

     
  • Job Opening Remain Flat

    admin 8:10 pm on April 22, 2010 | 0 Permalink | Reply
    Tags: hope, , ,

    Job openings have remained flat at the 3,300,000 indicating a continuing “jobs recession”.

    What to do Now? The job market is not going to improve fast enough to reduce unemployment significantly. Three choices remain.
    1. Wait for a job to appear and hope you get it.
    2. Become organized and constructive and find jobs / locate opportunities that meet your talents and experience or simply pursue positions through your network of friends and associates.
    3. Create your own job by purchasing a franchise, assertively going to companies (whether they have published job openings or not) and create some other opportunity.

    It will continue to be a very challenging time for job seekers. Don’t loose hope and don’t give up. Within those 3MM plus jobs there is one for you.

     
  • Disturbing Trend for Job Openings (DOWN)

    admin 8:19 pm on April 20, 2010 | 0 Permalink | Reply
    Tags: Blog, business, , , Jobs. Job,

    Job Openings peaked over 2 weeks ago at just over 3,350,000 job postings. We are back at our mid-March job Opening level of just over 3,250,000. Although this slowdown has been happening for just a few weeks, what seems to confirm the trend is the first time unemployment applications have been up for the last few weeks.

    The big questions are whether or not this means the economy is about to experience the double-dip, or are we seeing the new “normal” level of unemployment. We think that the new “Normal” predicted by economists and the US administration could be coming true but we are hopeful that even if the new normal is above historical levels it will not remain at the current 9.7% unemployment rate.

    What seems likely is that companies will continue to repair balance sheets and improve their cash position while they await clear signs the economy is truly mended or consistently improving.

    Speaking to recruiting firms, activity has increased in some areas but remains slow for many job categories.

    If you are unemployed, we belive the best options include the following:
    1. Being flexible on location and type
    of job.
    2. Network / Network / Network
    3. Start or purchase a business that meets your income needs or you can grow to meet your needs (reasonably quickly).

    Let me know what you see out in the marketplace, at your company or your friend’s company. Share with us what is happening in your area.

     
  • Job Openings Stall - No growth since mid-March

    admin 6:50 pm on April 14, 2010 | 0 Permalink | Reply
    Tags: , ,

    We are monitoring job openings and we have stalled at just over 3.3 Million Openings.

    What does this mean?
    We think it means that their is still a level of anxiety and fear of instability about the “recovery”. The real situation can be seen in the unemployment numbers. The weekly job losses are holding too steady to reduce the unemployment level. Wether the government says its improving – that may be true but in fact they are still too high to make any dent in the job less ranks.

    In past blogs I have mentioned that the unemployment rate is as high as 20 years ago but the number of unemployed people is much higher. The economic growth is too feeble to reduce the unemployed ranks.

     
  • Positive Trend for job Openings

    admin 6:13 pm on March 24, 2010 | 1 Permalink | Reply
    Tags: advertised jobs, , , ,

    90,000 new jobs have been posted in just the last 2 days. If looking at the long term trend since the end of January, the Job Openings have increased by an average of 8,000 jobs per day. The Advertised jobs are now above 3,350,000 and look to be growing strongly this past week. Maybe there is some relief that all the discussion and negative speech is winding down and now at least the businesses have some idea what they will be facing.

    I attended a skills seminars today. All except 1 person was unemployed and actively seeking employment. Two people have been hired within the last 4 months and both were laid off again due to lack of business.

    There may be a backlog of jobs that companies need to fill now but there are still layoffs happening so we are not out of the woods.

    Good Hunting!

     
  • Big Jump in Job Openings 3/18/2010

    admin 11:46 pm on March 18, 2010 | 0 Permalink | Reply

    The Job Openings published rose by almost 5% in just a few days to 3,232,000. That’s over 170,000 more posted jobs in just 3 days.

    Looking forward according to government and http://www.collegeboard.com websites, the jobs that have the largest potential openings through 2018 are:

    Teaching – Preschool, Elementary, Middle school and Secondary

    Computer Technology – Systems Analysis, Applications Engineering, Network Systems, System Software, Computer Specialists

    Construction Management

    Hair Stylists

    Automobile Service Technicians

    Insurance Sales Agents

    HVAC Technicians

     

    Some of these match the trends we are seeing today and some do not. Unfortunately these projections were made prior to the severe recession kicking in. All of these are needed no matter what the economy does and matches the needs of a population that is getting older, has older cars and using more computer technology. Also the construction may become much stronger as the recession abates, the construction business could jump rapidly.

    Many of these job opening are based on the baby boomers retiring and needing to be replaced. In some companies I have heard of the need to replace 20-25% of the work force because of retirements within the next 3-5 years. These are companies that had rapid growth and expansion during the 70’s and 80’s have to begin to replace many of their experienced staffs.

    If you are looking for a job or career change, you may want to look for companies that have an aging workforce. This could allow faster progression and advancement if you are a quick learner, humble and willing to learn from the experienced people in the organization.

     
  • Job Opening Flat since mid-February (3/2/2010)

    admin 10:56 pm on March 2, 2010 | 0 Permalink | Reply
    Tags: , employer, , job postings, , job sites,

    Today’s job Opening show a nearly flat trend for the last 3-4 weeks. We believe that with the Job Openings remaining near the 3,000,000 level, unemployment will remain high for some time. At the current growth rate in openings, it will take about 75 weeks to reach the level where unemployment will decline significantly. That means that competition for jobs will remain strong for another 16-18 months and is an “employers market”. Employers will be able to have their pick of candidates which could lead to stagnant or declining wages. When interviewing or discussing opportunities with people emphasize your flexibility to meet the employers needs.

     
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