Job Market Monitor
Washington Post
Unemployment Insurance Claims – Up by only 2,000
SEASONALLY ADJUSTED DATA In the week ending August 11, the advance figure for seasonally adjusted initial claims was 366,000, an increase of 2,000 from the previous week’s revised figure of 364,000. The 4-week moving average was 363,750, a decrease of 5,500 from the previous week’s revised average of 369,250. The advance seasonally adjusted insured unemployment rate was 2.6 percent … Continue reading
Euro area unemployment hits record high
Europe’s Unemployment statistics – March 2012 – Euro area unemployment rate at 10.9%, EU27 at 10.2% The euro area (EA17) seasonally-adjusted unemployment rate was 10.9% in March 2012, compared with 10.8% in February. It was 9.9% in March 2011. The EU27 unemployment rate was 10.2% in March 2012, stable compared with February. It was 9.4% in March 2011. Eurostat estimates that 24.772 million men … Continue reading
76% feel that the US economy is still in recession
Seventy six percent of respondents said that the economy is “still in recession” while just 21 percent said the recession is over, according to the Post-ABC poll. While 85 percent of Republicans feel the economy is still in recession so do 68 percent of Democrats and 77 percent of independents. Do you think the country’s … Continue reading
On Just over 5 M lost during the Great Recession, women accounted for nearly 1.8 M
But more than 2.2 million jobs have been added under Obama, but the gain for women was just 284,000. “For far too long women have been left behind in Obama’s job market. Of the 740,000 jobs lost since Obama took office, 683,000 of them were held by women. That is truly unsustainable.” — Statement by Sharon … Continue reading
Blizzard Entertainment cuts global workforce by 600 jobs after review of business operations – The Washington Post
Blizzard Entertainment says it’s cutting about 600 jobs. The Irvine, Calif., company, which makes the popular “World of Warcraft” games, says that only about 10 percent of the cuts will involve jobs related to game development. Blizzard, which is part of Activision Blizzard Inc., says the decision to cut jobs was made after a review … Continue reading
Wanted: Engineers and Web developers to staff D.C. upstarts – The Washington Post
Members of the Washington region’s start-up community gather each month and meeting co-organizer Peter Corbett almost always asks the same question: How many of you are looking to hire? Without fail, dozens, if not hundreds, of hands fly into the air. Like so many of their counterparts around the country, the region’s up-and-coming technology companies … Continue reading
U.S. manufacturing sees shortage of skilled factory workers – The Washington Post
This stretch of the Rust Belt might seem like an easy place to find factory workers. Unemployment hovers above 9 percent. Foreign competition has thrown many out of work. It is a platitude that this industrial hub, like the country itself, needs more manufacturing work. But as the 2012 presidential candidates roam the state offering ways … Continue reading
Spain faces unemployment pain after embracing austerity in European crisis – The Washington Post
Even while the Socialists were still in power, Spain took the initiative in slashing mercilessly into welfare budgets and reducing salaries, vowing to get a handle on a dangerous pile of deficits and debts. The conservative prime minister elected three months ago, Mariano Rajoy, has pursued the cutback campaign even more vigorously, raising taxes and … Continue reading
Two-fifths of high school graduates are unprepared for college or the workforce | The Washington Post
Two-fifths of high school students graduate prepared neither for traditional college nor for career training, according to a study from researchers at Johns Hopkins University and the University of Arizona. College-preparatory programming has expanded dramatically in the past decade, with participation in Advanced Placement and International Baccalaureate more than tripling. Career-preparatory programs have evolved, as … Continue reading
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