Tuesday, November 10, 2009
Job openings remain close to record-lows
WASHINGTON (AP) -- Job openings are at rock-bottom levels, according to government and private surveys released Tuesday, a trend that could keep the unemployment rate high even as layoffs slow. Small businesses in particular are reluctant to add workers as they struggle to obtain credit. Many are pushing their current employees to produce more. Economists say small businesses account for about 60 percent of new jobs.
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3 comments:
That sucks for us seniors who are graduating at the end of the year.
There is no question that high unemployment rate is the biggest challenge for US government. Apparently, the number of layoffs greatly decreased comparing to the 2008 results, but it is not enough to combat high unemployment. It is important to start creating brand new jobs, but there is no clear answer of how. I think that start ups can partially help here, but they don't provide any health care and social benefits, and many of the open positions are part-time. However, it is better to start with something rather than simply letting people sit at their homes.
And I agree with David, it is sucks.
its going to be difficult for us to find a job. there are 6.1 unemployed workers competing for jobs? For fresh graduates its going to be even harder to find a job because their priority will be an experienced candidate.
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