Is the employment market recovering?
46- kbschennai
- 1 posts
- Joined: 2 months ago
- Hubs: 3
- Fans: 0
The Last 18 months saw very few vacancies available in the engineering sector. The services sector was a big casualty .
But now, the India growth story is again gaining momentum. The Government's initiatives have proved worthwhile. Ambitious Infrastructure plans are being made and implemented. Huge spending is taking place to boost demand.
Now the world bank report suggests hat India has managed the recession better than most other nations. This was possible because we have an economist as the Prime Minister.
The Banking sector is witnessing improving demand for Loans.
So get prepared for the situation for head hunting sooner than later.
84- shinujohn2008
- 1305 posts
- Joined: 2 years ago
- Hubs: 3963
- Fans: 2342
Employment market is facing ups and downs. Even if the market is recovering , the employment problem will be solved only if it is able to provide jobs to all those people who lost jobs and to the people who are looking for jobs at present.
67- Interview Coach
- 1 posts
- Joined: 3 months ago
- Hubs: 4
- Fans: 1
According to the US Department of Labor, there was continued job loss in September of 2009 with the unemployment rate rising to 9.8%. This would indicate that the employment market has not entered a recovery phase. Once the employment situation does start to turn around it is important to keep in mind that the unemployment rate historically recovers at about 1% per year (full employment is considered to be a 5% unemployment rate).
This means we should have a tight job market for a few years at best.
According to Michael Neece, CEO of Interview Mastery, during a tight job market it takes 17 job interviews to get an offer. This compares with a ratio of 6 to 1 in times of full employment. This statistic reinforces the need for interview preparation. Since most candidates don't put much effort into interview preparation those that do will have a competitive edge. The most qualified person does not necessarily get the job. It is the candidate who best convinces the hiring manager of their capabilities to make an impact in the organization. How to prepare for an interview is a critical skill in today's job market.THE U.S GOVERNMENT IS LYING TO THE GENERAL PUBLIC !
the only reason India is seeing Growth IS BECAUSE WE KEEP SHIPPING OUR JOBS THERE ....
HELLO ! ! !
WAKE - UP ! ! !
SMELL THE STARBUCKS COFFEE WE CAN NO LONGER AFFORD !
take a look at the numbers ...NOW ad in the numbers of people who are out of work that are INDEPENDENTS who no one seems to ever think of .
They do not care , as long as they STILL HAVE THEIR JOB !
Yes there is a DEMAND for LOANS ....
BUT, NO ONE IS GETTING THE LOANS!
PLEASE READ MY HUB .
"BIG FISH WILL FRY NO LITTLE FISH LEFT TO EAT !"
THINK IT SAYS IT ALL
93- Scott.Life
- 1102 posts
- Joined: 3 months ago
- Hubs: 30
- Fans: 231
In Tennessee and much of the American Southeast, job loss continues to grow, and is expected to reach 10.5% by next spring. They predict here that the state will not see any kind of reversal until 2011, and expect the current unemployment rate to become the new norm over the next five years. The State office expanded further by saying that even once unemployment claims begin to fall it will only indicate that those filing for claims or eligible for benefits are falling off but those out of work will continue to rise. Most people have simply given up on looking for jobs as there are few available. In my area the economy continues to fall and lay-offs have begun. There literally aren't any jobs to be had. Companies here can't even afford to pay the employees they do have.
I can not afford to relocate, I can't even afford gas. I am starting college next spring thanks to government grants and loans. I hope to be able to find something part time, nights and weekends after winter, but for now am just barely hanging on. From what I read this is the truth for millions of Americans no matter what the news is saying.
95- Crazdwriter
- 7608 posts
- Joined: 4 months ago
- Hubs: 89
- Fans: 292
Let me think...I'm still unemployed...so nope it's not recovering...just heard in SD that more teachers are going to be laid off so nope not recovering
95- ryankett
- 2081 posts
- Joined: 16 months ago
- Hubs: 184
- Fans: 366
Scott.Life wrote:
I can not afford to relocate, I can't even afford gas. I am starting college next spring thanks to government grants and loans. I hope to be able to find something part time, nights and weekends after winter, but for now am just barely hanging on. From what I read this is the truth for millions of Americans no matter what the news is saying.With all due respect, and I know that your a good bloke, if you are in that situation.... then your profile can now be considered very condradictory. Maybe there is potential for a second account there, but visitors to your profile get to see your forum activity.
Your profile says "I work online with people across the nation to help them realize the relationship, success, and career goals that they dream about.", but if I wanted to get ahead and take advice on career goals, would I ask somebody without a job?- 95
- ryankett
- 2081 posts
- Joined: 16 months ago
- Hubs: 184
- Fans: 366
It will take about 12 months from end of the recession before the job market even begins to recover. At the moment the US economy, like the UK economy, is still shrinking. At the point where it experiences a quarter of even marginal growth, and that growth is sustained for a few more quarters, you will begin to see improvements in the labour market. Although even with growth there will be more job losses to come over the next 12 months.
- 95
- Crazdwriter
- 7608 posts
- Joined: 4 months ago
- Hubs: 89
- Fans: 292
ryankett wrote:
It will take about 12 months from end of the recession before the job market even begins to recover. At the moment the US economy, like the UK economy, is still shrinking. At the point where it experiences a quarter of even marginal growth, and that growth is sustained for a few more quarters, you will begin to see improvements in the labour market. Although even with growth there will be more job losses to come over the next 12 months.
*sniff sniff* yep a lot of them being teachers too
I WANT A JOB!!! 
91- ledefensetech
- 2876 posts
- Joined: 8 months ago
- Hubs: 16
- Fans: 106
ryankett wrote:
It will take about 12 months from end of the recession before the job market even begins to recover. At the moment the US economy, like the UK economy, is still shrinking. At the point where it experiences a quarter of even marginal growth, and that growth is sustained for a few more quarters, you will begin to see improvements in the labour market. Although even with growth there will be more job losses to come over the next 12 months.
It'll take longer. I don't know about the UK, but the US is about to have a few more "major players" in the banking sector go down. For a lark, I shorted BOA on a paper stock trading app on Facebook. I was in the hole up to 700k at one point, but now I'm up 182,000. Once the stimulus goes away...well...there too will go the so-called green shoots. And we still haven't paid for that particular boondoggle.
- 93
- Scott.Life
- 1102 posts
- Joined: 3 months ago
- Hubs: 30
- Fans: 231
ryankett wrote:
Scott.Life wrote:
I can not afford to relocate, I can't even afford gas. I am starting college next spring thanks to government grants and loans. I hope to be able to find something part time, nights and weekends after winter, but for now am just barely hanging on. From what I read this is the truth for millions of Americans no matter what the news is saying.With all due respect, and I know that your a good bloke, if you are in that situation.... then your profile can now be considered very condradictory. Maybe there is potential for a second account there, but visitors to your profile get to see your forum activity.
Your profile says "I work online with people across the nation to help them realize the relationship, success, and career goals that they dream about.", but if I wanted to get ahead and take advice on career goals, would I ask somebody without a job?I do work online, and its barely paying the bills, and I do consider myself unemployed as the little money I make counseling continues to fall off as people cut spending. I always like to hear from smart asses like yourself who judge the world by your own life. Until you live where I do and go through what we are don't comment on what works and doesn't. I think being someone looking for a new career makes me somewhat of an expert on the subject and I have helped hundreds of people find new careers by doing exactly what I write about, going back to school and changing the way they think. I am doing exactly what I advise people to do. As for your opinion when you live here I might be more inclined to listen. What good is advice from someone who doesn't have a clue what they're talking about...seems to apply to you as well doesn't it.
Guess I could just lie about how things have changed since I first started my profile, would that be more to your high literary standards Ryan? I mean you're the authority on Hubpages don't want to offend you, and get banned, after all you do have all the answers for us mere mortals and simpletons here in America. Scott.Life wrote:
In Tennessee and much of the American Southeast, job loss continues to grow, and is expected to reach 10.5% by next spring. They predict here that the state will not see any kind of reversal until 2011, and expect the current unemployment rate to become the new norm over the next five years. The State office expanded further by saying that even once unemployment claims begin to fall it will only indicate that those filing for claims or eligible for benefits are falling off but those out of work will continue to rise. Most people have simply given up on looking for jobs as there are few available. In my area the economy continues to fall and lay-offs have begun. There literally aren't any jobs to be had. Companies here can't even afford to pay the employees they do have.
I can not afford to relocate, I can't even afford gas. I am starting college next spring thanks to government grants and loans. I hope to be able to find something part time, nights and weekends after winter, but for now am just barely hanging on. From what I read this is the truth for millions of Americans no matter what the news is saying.some really may not understand but i however know exactly what you are talking about and i am doing it with 3 kids and 1 cat ..we were actually homeless for over 18 months , when you try to look for the SO CALLED resources they look at you like something is wrong with you , why you cant just go get a job today ?
my only fear for you is all the grants and loans for school really might not do much at 40 yrs old all the people i went to school with all the ones who graduated from collage in all honesty in chicago not one of us have a job or have a job doing what we went to school for .
the us companies have to stop out sourcing all OUR JOBS to China ,India...WE DESPERALTY NEED OUR JOBS BROUGHT BACK HOME if we are EVER going to come out of this ..and well i am sure most AMERICANS WOULD RATHER TALK TO AN AMERICAN WHEN THEY CALL CUSTOMER SERVICE ?? that one still steams me...but the big companies are so BUSY BEING COST EFFECTIVE FOR THEIR BILLIONS .....NOW WE HAVE NO JOBS..WHO DID IT DO ANY GOOD FOR ?- 91
- ledefensetech
- 2876 posts
- Joined: 8 months ago
- Hubs: 16
- Fans: 106
endeliz wrote:
some really may not understand but i however know exactly what you are talking about and i am doing it with 3 kids and 1 cat ..we were actually homeless for over 18 months , when you try to look for the SO CALLED resources they look at you like something is wrong with you , why you cant just go get a job today ?
my only fear for you is all the grants and loans for school really might not do much at 40 yrs old all the people i went to school with all the ones who graduated from collage in all honesty in chicago not one of us have a job or have a job doing what we went to school for .
the us companies have to stop out sourcing all OUR JOBS to China ,India...WE DESPERALTY NEED OUR JOBS BROUGHT BACK HOME if we are EVER going to come out of this ..and well i am sure most AMERICANS WOULD RATHER TALK TO AN AMERICAN WHEN THEY CALL CUSTOMER SERVICE ?? that one still steams me...but the big companies are so BUSY BEING COST EFFECTIVE FOR THEIR BILLIONS .....NOW WE HAVE NO JOBS..WHO DID IT DO ANY GOOD FOR ?Don't expect those jobs to come back unless it becomes less expensive to hire Americans. That means pay cuts and getting rid of things like unemployment insurance, workman's comp insurance, etc.
Barring that, look at areas that are growing. Healthcare is critically short of people, that's why things are so expensive. That's why I'm looking at going for a master's program to become a Physician's Assistant. PA's and NP's are going to be the winners after it's all said and done. While doctor's numbers will dwindle as pay caps will be instituted among them, you'll see more and more primary care being taken in by master's level people.
As for the billions given to bankers, well the bankers gave millions to the political parties, surely you don't expect them to get nothing for their trouble. Isn't democracy great? - 95
- ryankett
- 2081 posts
- Joined: 16 months ago
- Hubs: 184
- Fans: 366
Scott.Life wrote:
ryankett wrote:
Scott.Life wrote:
I can not afford to relocate, I can't even afford gas. I am starting college next spring thanks to government grants and loans. I hope to be able to find something part time, nights and weekends after winter, but for now am just barely hanging on. From what I read this is the truth for millions of Americans no matter what the news is saying.With all due respect, and I know that your a good bloke, if you are in that situation.... then your profile can now be considered very condradictory. Maybe there is potential for a second account there, but visitors to your profile get to see your forum activity.
Your profile says "I work online with people across the nation to help them realize the relationship, success, and career goals that they dream about.", but if I wanted to get ahead and take advice on career goals, would I ask somebody without a job?
I do work online, and its barely paying the bills, and I do consider myself unemployed as the little money I make counseling continues to fall off as people cut spending. I always like to hear from smart asses like yourself who judge the world by your own life. Until you live where I do and go through what we are don't comment on what works and doesn't. I think being someone looking for a new career makes me somewhat of an expert on the subject and I have helped hundreds of people find new careers by doing exactly what I write about, going back to school and changing the way they think. I am doing exactly what I advise people to do. As for your opinion when you live here I might be more inclined to listen. What good is advice from someone who doesn't have a clue what they're talking about...seems to apply to you as well doesn't it.
Guess I could just lie about how things have changed since I first started my profile, would that be more to your high literary standards Ryan? I mean you're the authority on Hubpages don't want to offend you, and get banned, after all you do have all the answers for us mere mortals and simpletons here in America.It doesn't matter where you live, if you are struggling to be successful or live a fruitful lifestyle yourself then you are not the greatest candidate for giving people advice on lifestyles or careers. I am working for minimum wage, in an area with lots of unemployed people, does that qualify me to give people career advice? Not sure what your talking about with regards to authority or being banned, or how they are supposed to relate to each other in any way. In fact I'm not sure how 'Literary standards' are relevant either, I just get fed up with you guru types who offer 'expert' advice with no expertise whatsoever. Are you a member of a relevant professional body? Or do you hold a relevant degree? Or have you worked in recruitment or headhunting? Maybe you are, maybe things are just different in America. I have already seen a hubber who has claimed to have cured cancer, maybe that can be your next idea.
93- lynnechandler
- 845 posts
- Joined: 6 months ago
- Hubs: 83
- Fans: 98
It's not recovering here either although there is some hope on the horizon according to our local paper. We have a new hospital and a new cancer center in the works. The predominant hiring force at the moment in my area is health care and government jobs.
This being said our jobless rate is hovering at the 10% mark and that is just the people who are reporting. I cannot imagine what it would be if everyone who was out of work like me reported.
I am one who believes like Scott that you have to take your future into your hands and do something. I made the call today and am going to see about getting my nursing degree. Sure I will be 50 when I graduate but I will still have many years to work since they keep changing the retirement age, lol.
Make your own way, I say!
85- APD Marketing
- 5 posts
- Joined: 11 months ago
- Hubs: 26
- Fans: 43
I've just come back from a day in the City of London, I met up with some of my old recruitment friends to talk over "old times".
Some of them still work the City market and their view is that the Banks are starting to recruit again.
This ties in with what we've been hearing over here in the UK about huge Banking bonuses being paid once more. So, they've taken all of our money and are now using it to pay bonuses, but at least they are starting to hire again!
I think a tentative recovery is underway, and that will translate to more jobs over the next 12 months. However, I don't think it would take much to set the economy backwards again.- 93
- Scott.Life
- 1102 posts
- Joined: 3 months ago
- Hubs: 30
- Fans: 231
ryankett wrote:
Scott.Life wrote:
ryankett wrote:
With all due respect, and I know that your a good bloke, if you are in that situation.... then your profile can now be considered very condradictory. Maybe there is potential for a second account there, but visitors to your profile get to see your forum activity.
Your profile says "I work online with people across the nation to help them realize the relationship, success, and career goals that they dream about.", but if I wanted to get ahead and take advice on career goals, would I ask somebody without a job?
I do work online, and its barely paying the bills, and I do consider myself unemployed as the little money I make counseling continues to fall off as people cut spending. I always like to hear from smart asses like yourself who judge the world by your own life. Until you live where I do and go through what we are don't comment on what works and doesn't. I think being someone looking for a new career makes me somewhat of an expert on the subject and I have helped hundreds of people find new careers by doing exactly what I write about, going back to school and changing the way they think. I am doing exactly what I advise people to do. As for your opinion when you live here I might be more inclined to listen. What good is advice from someone who doesn't have a clue what they're talking about...seems to apply to you as well doesn't it.
Guess I could just lie about how things have changed since I first started my profile, would that be more to your high literary standards Ryan? I mean you're the authority on Hubpages don't want to offend you, and get banned, after all you do have all the answers for us mere mortals and simpletons here in America.It doesn't matter where you live, if you are struggling to be successful or live a fruitful lifestyle yourself then you are not the greatest candidate for giving people advice on lifestyles or careers. I am working for minimum wage, in an area with lots of unemployed people, does that qualify me to give people career advice? Not sure what your talking about with regards to authority or being banned, or how they are supposed to relate to each other in any way. In fact I'm not sure how 'Literary standards' are relevant either, I just get fed up with you guru types who offer 'expert' advice with no expertise whatsoever. Are you a member of a relevant professional body? Or do you hold a relevant degree? Or have you worked in recruitment or headhunting? Maybe you are, maybe things are just different in America. I have already seen a hubber who has claimed to have cured cancer, maybe that can be your next idea.
Guru, coming from "one of the greatest living writers" that's funny. I don't claim to be an expert on anything Ryan, I do state that I help people improve their situation. The moment you start qualifying yourself to anyone you lost the argument my friend, and no you don't know what its like in America. Professionals everywhere are now penniless and unemployed. Does that mean they don't know how to be successful or that events beyond their control forced them out. I guess by your definition its their fault. I mean obviously all of unemployed workers here in the states deserve it, we just don't know how to be profitable I guess.
Get your facts straight before you come at me about my own life, I don't promise anyone anything or claim to have the inside scoop.I don't make any guarantees and I'm not on here hawking any product or system. I write about my own experiences and life. What I say I do on my profile, does not have any relevance to where I have ended up due to harsh economic failures. I know you think you're quite clever and witty but all you come off as is elitist and arrogant, you have built a reputation on Hubpages for condensation and belittlement, and I have no time for your assessment of my life or success. I'm not here for your approval or opinion and if you don't like my "Guru" statements then don't read them I certainly don't remember asking for you to. - 95
- Crazdwriter
- 7608 posts
- Joined: 4 months ago
- Hubs: 89
- Fans: 292
Jeez Ryan why are you constantly attacking ppl?
68- rhamson
- 1290 posts
- Joined: 2 months ago
- Hubs: 1
- Fans: 15
kbschennai wrote:
The Last 18 months saw very few vacancies available in the engineering sector. The services sector was a big casualty .
But now, the India growth story is again gaining momentum. The Government's initiatives have proved worthwhile. Ambitious Infrastructure plans are being made and implemented. Huge spending is taking place to boost demand.
Now the world bank report suggests hat India has managed the recession better than most other nations. This was possible because we have an economist as the Prime Minister.
The Banking sector is witnessing improving demand for Loans.
So get prepared for the situation for head hunting sooner than later.Th short answer is no and the long answer might well be no also. There is such a loss of jobs in this country I don't think it will ever come back. The reason being as inflation increases as it always does after a recession, the reaction to drive costs down will be to farm the jobs overseas. This is funny because if we have no jobs who is going to have any money to buy these new cheaper made products. Oh, I forgot! I have a credit card.
- 93
- Scott.Life
- 1102 posts
- Joined: 3 months ago
- Hubs: 30
- Fans: 231
rhamson wrote:
kbschennai wrote:
The Last 18 months saw very few vacancies available in the engineering sector. The services sector was a big casualty .
But now, the India growth story is again gaining momentum. The Government's initiatives have proved worthwhile. Ambitious Infrastructure plans are being made and implemented. Huge spending is taking place to boost demand.
Now the world bank report suggests hat India has managed the recession better than most other nations. This was possible because we have an economist as the Prime Minister.
The Banking sector is witnessing improving demand for Loans.
So get prepared for the situation for head hunting sooner than later.Th short answer is no and the long answer might well be no also. There is such a loss of jobs in this country I don't think it will ever come back. The reason being as inflation increases as it always does after a recession, the reaction to drive costs down will be to farm the jobs overseas. This is funny because if we have no jobs who is going to have any money to buy these new cheaper made products. Oh, I forgot! I have a credit card.
It is ironic that one of the requirements for economic recovery is increased consumer spending, yet with the continued job-loss more and more Americans are cutting back drastically on spending. In turn companies are losing profit and being forced to cut more costs and more jobs. How exactly is it that the economy is recovering then?
