Editor-in-chief of The Central New York Business Journal Adam Rombel discusses the U.S. job market and the unemployment shifts. He makes note of how the unemployment rate was lowered back in October, but explains that it was not due to more Americans finding jobs, but rather more Americans abandoning their job search. Once the unemployed stop looking for a job, they are no longer considered unemployed and are not counted in the rate. To build upon that, he notes how in the state of New York in November there were over 34,000 jobs added but the unemployment rate was increased. This is due to people entering back into the job market and picking up their job search yet again.
You may also like
Gone are the days of salarymen and women who join and retire at the same company after 40 years; retaining today’s generation of talent over the long term is much more difficult. Employers in 2019, 2020 and beyond are...
Job postings are riddled with skills and qualities that are necessary for filling a role and getting a job done. More and more, they are littered with adjectives like “experienced”, “fresh”, and “innovative” and ask for...
- 10 Questions Recruiters Love to Ask (and How to Answer Them)
- Top Tools for Boosting Your Online Profile to Land Your Dream Job
- Recorded Video Interview Tips: How to Make Your Submission Stand Out
- How to Master the Remote Video Interview
- Everything You Need to Know About One-Way Video Interviews
- Everything You Need to Know About Live Video Interviews
- Why Companies Use Video Interviews
- 6 Habits of Highly Productive People You Should Possess
- 4 Reasons to Consider Company Culture in Your Job Search