Job Market Monitor
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US Federal Government – Internet resources for internships, fellowships, and other work experience opportunities
This report describes Internet resources on major internship, fellowship, and work experience programs within the federal government. It is intended as a selective guide for students of all levels: high school, undergraduate, graduate, and postgraduate. The federal government offers many opportunities for internships, fellowships, and work experiences. However, there is no single centralized source for … Continue reading
November Job Report in US – Total nonfarm payroll employment increased by 321,000, highest since January 2012
Total nonfarm payroll employment increased by 321,000 in November, and the unemployment rate was unchanged at 5.8 percent, the U.S. Bureau of Labor Statistics reported today. Job gains were widespread, led by growth in professional and business services, retail trade, health care, and manufacturing. Household Survey Data In November, the unemployment rate held at 5.8 … Continue reading
Retiring and Health Care in US – Only one in five have taken one or more steps to prepare
The overwhelming majority (86%) of baby boomers express concern about the affordability of health care in retirement, but very few pre-retirees admit they have taken financial steps to prepare for health care costs in retirement, according to a study released today by Ameriprise Financial (NYSE: AMP). The Health, Wealth and RetirementSM study, which surveyed more … Continue reading
4-Year Degrees in US – The vast majority of full-time college students do not graduate on time
In their latest report, Four-Year Myth, Complete College America and its Alliance of States reveal that the vast majority of full-time American college students do not graduate on time, costing them and their families tens of thousands of dollars in extra college-related expenses, as well as lost wages from delaying entry into the workforce. The … Continue reading
Healthcare in US – The best jobs for 2015
Job prospects across the entire healthcare sector are expected to grow through the next decade as more Americans gain access to health insurance and providers add staff to meet the demands, according to the U.S. Bureau of Labor Statistics (BLS). Healthcare employment remained strong through the recession, and has continued to grow this year, with … Continue reading
GlaxoSmithKline (GSK) – To cut 900 research and sales jobs
GlaxoSmithKline (GSK.L) is to shed hundreds of U.S. commercial and research jobs, restructuring operations in its biggest market where drug sales are flagging. A total of 900 posts will be eliminated at GSK’s Research Triangle Park site in North Carolina as drug research is consolidated in Philadelphia and in Stevenage, near London, according to a … Continue reading
Workplace Safety in US – Death rate has dropped 81 percent, saving half a million lives
Since Congress created the Occupational Safety and Health Administration in 1970, theU.S. workplace death rate has dropped 81 percent, saving half a million lives. Economic and technological changes have swept workers out of the most deadly jobs and into comparatively safer ones. New state and federal standards have outlawed corner-cutting that formerly killed employees, imposing costs … Continue reading
Ex US Congressman – A tough time landing a new job
Lawmakers serving their final days in Congress might have a tough time landing a new job on K Street, headhunters for the lobbying industry tell The Hill. The current job market in the influence industry is the toughest in years, several headhunters said, with former lawmakers facing stiff competition for a limited number of high-ranking … Continue reading
The Class of 2015 in US – Employers expect to hire 8.3 percent more new college graduates
Employers expect to hire 8.3 percent more new college graduates from the Class of 2015 for their U.S. operations than they did from the Class of 2014, according to a new report from the National Association of Colleges and Employers (NACE). Employers taking part in NACE’s Job Outlook 2015 survey cited company growth and attrition … Continue reading
ADP US National Employment Report, November 2014 – 208,000 jobs in the private sector
Private sector employment increased by 208,000 jobs from October to November according to the November ADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by ADP®, a leading global provider of Human Capital Management (HCM) solutions, in collaboration with Moody’s Analytics. The report, … Continue reading
US – A significant acceleration in the number of medium-wage jobs created
Earlier today, Deutsche Bank’s Torsten Slok sent out this chart (right), which shows job growth by level of wages. Here’s what he has to say: “…over the past year we have seen a significant acceleration in the number of medium-wage jobs created. The bottom line is that the labor market continues to tighten and it … Continue reading
US – 30% saying now is “a good time to find a quality job” Gallup finds
Americans’ perceptions of the job market are holding steady, with 30% saying now is “a good time to find a quality job,” matching the average since August. Although not positive on an absolute basis, that assessment is much brighter than was the case during periods of elevated unemployment from 2009 to 2012, including lows of … Continue reading
US – The job market seen by LinkedIn CEO
Just under 9 million Americans are classified as unemployed. More than double that amount are either stuck in part-time jobs or say they want a job but have given up actively looking. The three groups combined added up to 18.2 million people in October. The figures raises the question, “How effective of a job are … Continue reading
Tech Worker in US – There is a shortage at the price big tech companies want to pay
You may have noticed that the big tech companies are agitating for an expansion of the H1B visa system whereby foreigners with certain tech skills can come and work in the US. You know, for big tech companies and the like. Easy issuance of green cards for those with those tech skills. It’s not an … Continue reading
Jobless Claims in US – Jump to 313,000, the highest level since the first week of September
The number of people seeking U.S. unemployment benefits jumped last week, pushing total applications above 300,000 for the first time in nearly three months. Weekly applications rose 21,000 to a seasonally adjusted 313,000, the Labor Department said Wednesday. That’s the highest level since the first week of September. The four-week average, a less volatile measure, … Continue reading
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