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Keyword: jobmarket

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  • Employment picture for Class of '04 improves, but uncertainty lingers

    03/28/2004 8:36:00 AM PST · by harpu · 4 replies · 145+ views
    Dallas Morning News ^ | 3/27/04 | VICTOR GODINEZ
    Last spring, career counselors and their students described the job outlook for college seniors as "horrible," "bleak" and "problematic." This year, fewer discouraging words are heard. "I'm seeing a definite improvement," said Dr. Richard Paterik, director of career development at the University of Dallas, adding that hiring hasn't returned to the levels seen in 2000. A University of Dallas student job fair on Wednesday drew 15 employers, up from 12 at a similar career fair last fall and 11 last spring. National surveys confirm that businesses are back in the hunt for new graduates. The National Association of Colleges and...
  • U.S. Initial Jobless Claims Rose to 339,000 Last Week

    03/25/2004 6:37:28 AM PST · by Pikamax · 5 replies · 111+ views
    Bloomberg ^ | 03/26/04 | Bloomberg
    <p>U.S. Initial Jobless Claims Rose to 339,000 Last Week (Update1) March 25 (Bloomberg) -- The number of Americans filing initial claims for jobless benefits totaled 339,000 last week, close to a three-year low, a government report showed.</p> <p>Applications increased by 1,000 from 338,000 the week before, the Labor Department said in Washington. The previous week's total was the lowest since the week ended Jan. 13, 2001. Filings have averaged 347,250 this year, down from 403,000 for all of 2003.</p>
  • U.S. Students Shun Computer Science, Engineering

    03/24/2004 9:27:04 AM PST · by HolgerDansk · 283 replies · 360+ views
    San Jose Mercury News ^ | Mar. 24, 2004 | Karl Schoenberger
    Undergraduates in U.S. universities are starting to abandon their studies in computer technology and engineering amid widespread worries about the accelerating pace of offshoring by high-technology employers. A new study, to be published in May, shows there was a dramatic drop-off of enrollment in those fields last year -- 19 percent -- and some educators warn about the potential consequences for America's global competitiveness.
  • U.S. Seen Adding Nearly 3 Million Jobs (University of Michigan economists) (Dems sadden)

    03/19/2004 5:25:48 AM PST · by GailA · 33 replies · 177+ views
    Reuters ^ | 3/18/04 | unknown
    U.S. Seen Adding Nearly 3 Million Jobs Thu Mar 18, 2004 05:30 PM ET DETROIT (Reuters) - The U.S. economy is gearing up to add nearly 3 million jobs by the end of next year and unemployment will drop below 5 percent by the start of 2006, a team of University of Michigan economists said on Thursday. "We expect to see a strengthening of the jobs picture, with monthly gains in payroll employment exceeding 100,000 over the next several months and moving up from there through the summer months," Saul Hymans, one of the university's leading economic professors, said in...
  • Where have all the jobs gone?

    03/18/2004 12:59:01 PM PST · by jhigh · 26 replies · 254+ views
    http://www.alwaysright.org ^ | 03/18/2004 | Jason E. High
    Where have all the jobs gone? Well...nowhere, really. There is much hysteria regarding current employment trends that are leading many to believe that we are losing significant numbers of jobs overseas. Even more frightening is the fact that these conclusions are leading many to believe that we should impose unjust and misguided trade restrictions. As I am rather fond of doing, let's take a moment and look at the numbers. The number of private-sector jobs in the United States increased by 17.8 million between 1993 and 2002. This means that a grand total of 327.7 million jobs were added. However,...
  • EPI News-Flash: More College Grads than Dropouts Now Unemployed

    03/17/2004 10:28:11 AM PST · by chance33_98 · 94 replies · 2,384+ views
    EPI News-Flash: More College Grads than Dropouts Now Unemployed 3/17/2004 12:27:00 PM -------------------------------------------------------------------------------- To: National Desk Contact: Nancy Coleman or Stephaan Harris, 202-775-8810, both of the Economic Policy Institute WASHINGTON, March 17 /U.S. Newswire/ -- Unemployment levels for workers with a college degree are historically high. In fact, the number of unemployed college graduates has surpassed that of high- school dropouts. Economic Policy Institute economist Jared Bernstein examines this trend in today's Snapshot and shows how labor market problems in the current economy are creeping up the education ladder. Bernstein explains that, for example, the number of unemployed college...
  • Spinning Employment Data Is No Substitute for Policies to Create New Jobs

    03/18/2004 9:34:50 AM PST · by Willie Green · 95 replies · 316+ views
    AmericanEconomicAlert.org ^ | Wednesday, March 17, 2004 | William R. Hawkins
    For education and discussion only. Not for commercial use. Even before the dismal February job numbers came out from the Bureau of Labor Statistics, the Bush administration had started to promulgate on talk radio shows the notion that the most often cited employment survey was unreliable.  The libertarian commentator Neal Boortz was one of the first to take up this line, but the rest have followed.  Now the Heritage Foundation has tried to add academic support for this notion. There are two employment surveys, which have been diverging lately.  The Current Employment Statistics (CES) survey -- generally known as the...
  • Jobless Claims in U.S. Unexpectedly Fall to Lowest Since Bush Took Office

    03/18/2004 6:40:58 AM PST · by Pikamax · 24 replies · 206+ views
    Bloomberg ^ | 03/18/04 | Bloomberg
    <p>U.S. Initial Jobless Claims Fell by 6,000 Last Week (Update1) March 18 (Bloomberg) -- The number of Americans filing initial claims for unemployment benefits fell last week to 336,000, the lowest in more than three years, suggesting improvement in the labor market, a government report showed.</p>
  • Employers expect to increase hiring ("Demand... has finally surpassed... the current workforce")

    03/16/2004 7:06:27 AM PST · by Luke Skyfreeper · 51 replies · 235+ views
    CNN ^ | 3/16/2004 | CNN/ Manpower
    <p>Employers expect to increase hiring Manpower survey finds U.S. companies' hiring plans most bullish in three years.</p> <p>NEW YORK (CNN/Money) - Strong demand for their products and services is prompting U.S. employers nationwide to say they will soon hire more workers than they have in the past three years.</p>
  • So that's why we have jobless recovery

    03/15/2004 6:55:16 AM PST · by harpu · 58 replies · 189+ views
    Houston Chronicle ^ | 3/15/04 | David Broder
    <p>IN the left of the Democratic Party, they don't come any smarter than Barney Frank, the 12-term congressman from Massachusetts. Republicans enjoy debating him, because if you've beaten him, you know the next liberal will be easier.</p> <p>In a speech on March 4, Frank took what has become a commonplace of political conversation, something that President Bush, Sen. Kerry and scores of lesser lights constantly discuss -- namely, the frustrating job market -- and probed it in a depth one rarely hears from a politician.</p>
  • Waiting for good times to return The Triangle's job market remains anemic

    03/14/2004 9:33:31 AM PST · by Kuksool · 10 replies · 133+ views
    News Observer ^ | March 14, 2004 | KARIN RIVES
    There was a time when the Triangle offered the best of two worlds: top-notch, high-paying, New Economy jobs and a small-town lifestyle in a pleasant climate. People flocked here by the thousands from Chicago, New York, Los Angeles, Houston -- all the big cities that had become too expensive and difficult to afford middle-class families a comfortable life. Today, the dream of the Triangle has become elusive for many of those transplants, thousands of whom remain unemployed or underemployed three years after the local economy imploded. Some have given up, sold their homes and moved away. Many others are desperately...
  • Smile, These Are Good Times. Truly: Anxiety is turning to paranoia about jobs. …

    03/11/2004 9:46:09 PM PST · by quidnunc · 1 replies · 146+ views
    The Economist ^ | March 11, 2003 | Unattributed
    … Take a deep breath: most Americans have rarely had it better Another month, another dismal set of job figures. America pulled out of its last economic recession way back in November 2001, yet the country's “jobs recession” finished only last autumn, by when 2.7m jobs had been lost since the start of the slowdown. Now, though economic growth has bounced back, new jobs refuse to do the same in this, the third year of recovery. In February, a mere 21,000 jobs were created, according to the official payroll survey, at a time when George Bush's economists forecast 2.6m new...
  • Young find government jobs less attractive

    03/08/2004 10:14:41 PM PST · by kattracks · 9 replies · 186+ views
    Washington Times ^ | 3/09/04 | Delphine Soulas
    <p>Fewer young people are attracted by the idea of a government service career than in the past, according to a survey that found those interested in such careers are more drawn to helping others than to earning good pay and benefits.</p>
  • Feds Understate Employment by Failing to Count Many Workers

    03/07/2004 3:46:19 PM PST · by tvn · 24 replies · 402+ views
    NewsMax.com ^ | March 7, 2004 | Paige McKenzie
    No doubt many of the same naysayers who are criticizing President Bush’s job record now were giving Bill Clinton the credit for the turnaround of the 1990s. Few Americans realize that signs were warning of the coming “Bush” recession two years before Clinton left office. McDonald's Corp. laid off employees from its corporate office for the first time in history. The number of bankruptcies declared in the U.S. exceeded the number of college graduates for the first time. Of course, all everyone could talk about was the great booming Clinton economy, aka bubble. Now, a team of economists at the...
  • Tell The Media: Bush Didn't Cause Job Loss/Kerry Will Make It WORSE! (action item)

    03/07/2004 11:39:58 AM PST · by jmstein7 · 73 replies · 398+ views
    fr ^ | 3-7-04 | jms
    Tell The Media: Bush Didn't Cause Job Loss/Kerry Will Make It WORSE!If you're like me, then you're sick and tired of Kerry and his Democrat cohorts lying out of their pie-holes, blaming President Bush for a recession (and the consequential job losses) that CLINTON caused.Write a letter to the editor exposing this fallacy.1.  Open the "Write for W" window by clicking HERE.2.  Enter your ZIP CODE and click "Get Info"3.  Select Every News Outlet Listed!!!4.  Enter your info5.  Write your letter!You can use the sample below, or, of course, you may draft your own :) Subject: Kerry Misleads on Job...
  • Pres Bush: LOWEST 1st Term Unemploy. Rate Since Eisenhower! 3.2 Million More Jobs than EVER!

    03/07/2004 4:19:45 AM PST · by xzins · 91 replies · 1,504+ views
    U.S. Department of LaborBureau of Labor Statistics Bureau of Labor Statistics Data www.bls.gov Search | A-Z Index   BLS Home | Programs & Surveys | Get Detailed Statistics | Glossary | What's New | Find It! In DOL Change Output Options: From:   To:      include graphs NEW! Data extracted on: March 5, 2004 (9:58:02 AM) Labor Force Statistics from the Current Population Survey Series Id:           LNU04000000Not Seasonally AdjustedSeries title:        (Unadj) Unemployment RateLabor force status:  Unemployment rateType of data:        PercentAge:                 16 years and over Year Annual 1948 3.8 1949 5.9 1950 5.3 1951 3.3 1952 3.0 Truman AVG 2nd term = 4.4 1953 2.9...
  • Temp Jobs Rise, Permanent Ones Lagging

    03/05/2004 2:53:11 PM PST · by Willie Green · 7 replies · 171+ views
    Los Angeles Times ^ | March 5, 2004 | ADAM GELLER, AP Business Writer
    NEW YORK — Conventional wisdom says that once companies begin hiring temporary workers, a turnaround in the overall job market must be close behind. But nearly 2 1/2 years after the economy officially began its recovery, old assumptions about new jobs are providing more confusion than comfort. A report released by the government Friday showed temporary employment increased once again in February -- by 32,000 jobs -- just as it has been doing for the better part of a year. But the permanent hiring that was supposed to flow from the temp jobs is still not materializing. The economy as...
  • February Job Growth Surprisingly Weak

    03/05/2004 5:56:46 AM PST · by Lazamataz · 153 replies · 57+ views
    Reuters ^ | 2004-03-05 08:36:3 | Reuters
    Fri Mar 5, 2004 08:30 AM ET WASHINGTON (Reuters) - U.S. employers added a paltry 21,000 workers to their payrolls last month, far fewer than expected, according to a government report on Friday that was likely to weigh on President Bush as he seeks re-election. In its report, the Labor Department said private-sector employment was unchanged in February, while the government added 21,000 workers. The report also showed job creation in November and December was weaker than previously thought, adding to the weak tone of the report. The department revised lower its count of jobs gains in December to 97,000...
  • Chautauqua to Add 175 New Jobs

    03/03/2004 2:27:14 PM PST · by ambrose · 3 replies · 51+ views
    AP ^ | 3.3.04
    March 3, 2004 Chautauqua to Add 175 New Jobs A regional airline based in Indianapolis plans to add about 175 jobs over the next two years. Chautauqua Airlines said Tuesday the new hiring is planned because of an agreement to fly more jets for one of its airline customers, Delta Connection. Chautauqua plans to fly 13 more jets on contract for Delta, bringing the total to 47. Delta has not disclosed the new routes for the aircraft, so it's too early to say if any of the new jobs will be based in Indiana. Chautauqua employs about 2,000 people, including...
  • Enterprise Rent-A-Car to hire 6,500 new workers this year

    03/03/2004 2:51:22 PM PST · by ambrose · 17 replies · 211+ views
    St. Louis Business Journal - March 2, 2004http://stlouis.bizjournals.com/stlouis/stories/2004/03/01/daily24.html LATEST NEWS 8:33 AM CST Tuesday Enterprise Rent-A-Car to hire 6,500 new workers this year Enterprise Rent-A-Car plans to hire about 6,500 people this year to handle its growth and meet demand at its 5,000-plus branches, the company said Tuesday. The rental car company said the need for new employees is the result of growth in its car rental, fleet services, car sales and truck rental divisions. It will primarily seek candidates for its management training program, where nearly all of its operational employees begin. Ed Adams, senior vice president of...