How high will the city’s jobless rate go? Crain’s New York Business, NY Factor in underemployment (Mortgage Brokers waiting on tables) and people forced to work part time even though they need full time work and the figure is much higher. If you recall the Central Bank in January anticipated unemployment to rise to a 2009 …

unemployment

John Hussman with another provocative idea, which he attributes to Ray Dalio at Bridgewater:

In typical recessions, unemployment tends to be a lagging indicator, and the employment figures themselves tend to move up and down roughly in concert with the overall economy. In the current downturn, however, the unusually high debt burden and precariousness of mortgages among households creates a dynamic that we don’t usually observe.

Read the full article here.

unemployment

As we’ve written before, the pace of jobs cuts has slowed markedly in recent months. This is good news for all those workers who didn’t lose their jobs in the last few months. It also seems as if it could be a turning point, signaling that the Great Recession may soon end.

Read the full article here.

unemployment

It’s imperative that job seekers have all of the tools at their disposal to find new work. High unemployment rates don’t necessarily mean that there’s no work, it often means that the fields where there are available jobs are changing. For this reason, I’d like to offer a list of the top 10 most effective job search websites to help MakeUseOf readers land that new dream job as quickly as possible.

Click here for a list of the Top 10 most effective job search websites.

unemployment

Volunteering is a great way to get your foot in the door to the New York City jobs you’ve always wanted.

Jill, a work-at-home Mom, had volunteered time at the local school for years. After her divorce, Jill was able to get a job working as a math and reading aid due to her years of service prior to her divorce. It was something she had enjoyed and now loves working there. She is currently working on her degree and has been guaranteed a teaching position when she finishes.

Learn more about How Volunteering Can Help You Land New York City Jobs.

part time jobs, unemployment

It’s a refrain new college graduates hear from prospective employers all the time: “You don’t have enough experience.” But how do you get experience if you don’t have any?

Read the full article here.

unemployment

The economy is busted. The American Dream is dead. Once built on the pursuit of happiness, now our country crumbles because of it. A dismal state of existence — a perfect time to thrive!

Though most of us will do anything to avoid challenge, discomfort or even the slightest bit of inconvenience (hence, the Clapper, remote controls and Velcro), research suggests that people who endure hardship often experience positive growth as a result of such. These people are thrivers - and they emerge from adversity with a new lease on life and a greater sense of vitality. Thrivers also know how to embrace challenge and discomfort, spinning them into opportunities for growth!

unemployment

Miami Dade College student Anthony Paz will spend this summer visiting the homes of family friends — and the friends of family friends — extolling the virtues of chef’s knives and vegetable peelers.The 19-year-old from Kendall, Fla., started selling Cutco cutlery last summer because he couldn’t find an opening at a fast-food restaurant. Lucky for him: He says he made $12,000 as a traveling knife salesman, and hopes to double that between now and the start of classes in August.

Read the full article here.

part time jobs, unemployment

The U.S. unemployment rate increased to 9.4% for  May, while actual job losses dropped to 345,000, according to a U.S. Labor Department report released Friday.

While the unemployment rate is at its highest level in 26 years, the narrowing of job losses last month is an indicator that the recession is tapering off. The job loss number is well below the median 520,000 decrease expected by economists surveyed by Bloomberg News. April’s job losses were 504,000 after a Labor Department revision.

Read the full article here.

unemployment

Career writer Marci Alboher added a “slash” title (as in “writer/speaker/writing coach”) to business cards and email signature, and saw new coaching work gradually roll in. She suggests other ways anyone looking for work can add their own “slash.”

Read the full article here.

unemployment

Are online jobs the next big thing? For Mary Steadman it sure is. Mary, a mother from Boston, MA is thriving, in the middle of an economic recession working in the comfort of her own home.

From her website: “I get paid about $25 for every link I post on Google and I get paid every week… I make around $5500 a month right now.”

Read the full article here.

part time jobs, unemployment

From what I hear, the rate that pink slips are being passed out is falling, but it’s still pretty nasty out there. If you’ve been caught in the Economic End Times, I’ve got six tips for dealing with your imminent layoff and the hunt for the next job.

Read the full article here.

unemployment

Has the $787 billion stimulus package worked? In California last Wednesday, President Obama declared, “we are already seeing results.” That is in line with the predictions Obama and his advisers made when they warned of dire consequences if the stimulus did not pass.

Read the full article here.

unemployment

Since she was laid off, Norma Shulman of Framingham has decided she has one more chance in her working life to change careers. She plans to make that switch count for something.

Read the full article here.

unemployment

In different ways it’s been said that it isn’t events, but our response to them that result in the biggest changes in our lives. Rather than attempt to analyze the forces behind the trends above or attempt to predict what direction they might take in the future, perhaps it’s best to take a more practical approach, and focus instead on answering the more relevant question, “What is our response?”

Find 10 tips on how to survive in a down economy.

unemployment

“My job search began nearly four months ago. I’ve sent out dozens of cover letters and applications, mainly for jobs without pre-requisites. A history major like me doesn’t come with many specialized skills besides research. These days, it’s difficult to convince people to take a chance on an entry-level hire. I’ve landed a handful of interviews, but still no job. There was one week when I got three rejections. It felt like I’d hit a brick wall. I’m scared of having nothing to do after working non-stop for 4 years. I’m not questioning my abilities, but I have been questioning my choices, knowing students with engineering degrees are still finding jobs. And many of the positions I am equipped to fill are disappearing.”

Read more about unemployment struggles and how recent grads are preparing to overcome them.

unemployment

Unemployment stats have made headlines in recent months.  Many think that the unemployment rate is one of the best measures of the current state of the economy.  When there’s money floating around, and people are using that money to buy more things, companies make and market more things, creating jobs.  That is not the case right now.  In April, according to the Bureau of Labor statistics employers took 2,712 mass layoff actions, laying off 271,226 workers.  It’s a problem that gets a lot of press.

Read more on the issue of underemployment and how it is quietly impacting the economy.

underemployment, unemployment