Thanks, for the update. Despite all the job cuts, I think we may be heading in a better direction.
Recruitment Tips, Employer Trends, and Hiring Insights from CareerBuilder
Get your favorite seasonally appropriate pumpkin-flavored coffee beverage in hand: The latest Unemployment Situation Report is here. Just make sure that drink is caffeinated, because today’s BLS report is pretty – as Credit Suisse economists called it – “blasé.”
For the most part, figures were relatively unchanged from August to September, which certainly bodes well in the “no news is good news” sense that we’re still on the road to recovery…at the same time, however, we’re still on the road to recovery.
Even as top economists speculate that a double-dip recession is unlikely (silver lining!), it is painfully evident that recovery is going to take a long time… An AP story today cited Deutsche Bank economists pointing out that since the recession ended in June 2009, the economy has only grown 3 percent – far less than the average 6.5 percent pace in postwar recoveries. Here’s a recap of the report:
What stayed (nearly) the same:
What changed for the better…
… and for the worse:
For more highlights from the forecast, watch this clip of CareerBuilder CEO Matt Ferguson on Squawk Box , as he discusses the hiring outlook for the next half of the year: