Unemployment stays at 9.7% for March

April 2, 2010 · Posted in Commentary · Comment 

The Bureau of Labor Statistics reported today that the unemployment rate stayed at 9.7% in March with 162,000 jobs being added.  This was the biggest increase in employment in 3 years.  The fact that the unemployment rate did not change seems to indicate that more people are entering the workforce.

Let’s breakdown the numbers: Read more

Unemployment remains at 9.7% in February

March 5, 2010 · Posted in Commentary · Comment 

The Bureau of Labor Statistics reported today that the unemployment rate stayed 9.7% in February with 36,000 jobs being lost.  The net loss of jobs suggests that many people have given up looking for work.  Severe weather in much of the country might have affected employment in February.

Let’s breakdown the numbers: Read more

Unemployment falls below 10% in January

February 5, 2010 · Posted in Commentary · Comment 

The Bureau of Labor Statistics reported today that the unemployment rate fell to 9.7% in January with 20,000 jobs being lost.  This would suggest that many people have given up looking for jobs and have left the workforce, or have gone back to school.

Let’s breakdown the numbers: Read more

Unemployment remains unchanged in December.

January 8, 2010 · Posted in Commentary · Comment 

The Bureau of Labor Statistics reported today that the unemployment rate remained unchanged at 10.0% in December. Altogether 85,000 jobs were lost last month, up from 11,000 jobs lost in November.

Let’s breakdown the numbers: Read more

CareerBuilder: Employers will increase hiring in 2010

December 29, 2009 · Posted in Commentary · 2 Comments 

According to a new forecast from CareerBuilder.com, employers are expecting to increase hiring in 2010.  20% of companies expect to be adding headcount in 2010, up from 14% last year.  CareerBuilder surveyed more than 2,700 hiring managers and human resource professionals nationwide across industries in compiling their data. Read more

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