Dec 04
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Unemployment drops–And now it’s official


As we speculated about it here, now it is official. November saw the unemployment rate at the lowest mark since 2 years. In fact, in the past one month, the number of jobs in the U.S has grown.

US bureau of labor statistics released few hours ago officially says the same.

Data-Chart-for-Nov

Fact remains to be seen whether the figures are just one time drops and misleading in this highly unstable market place. President Obama is about to deliver a speech where he is expected to address “creating jobs”, sounds fun for lot of people seeking employment.

These stats are a boost for everybody, and especially for people who have stopped looking for jobs because they are discouraged. The fact still remains that 9 out of 10 people are still working, so there is no reason that it might not be you, if these statistics are of any help for you to get out of your sack, and then be it.


Author: admin

1 Comment(s)

[...] As we have seen before, the hiring has stepped up, and has been rising for quite sometime now.  But the market is still relying on temp workers. The reluctance to do so marks the prudence of how the managers are approaching the hiring process as well as the pick-up points. Clearly, the aim of the companies is to fall back on smaller staff if things don’t smoothen out (just in case). The demand and supply graph has always been an indicator of how the companies and managers think about the situation, but the rise in demand is not necessarily signs of future demands, and hence the organizations are approaching the whole process in a different way this time around. [...]

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