- About 25% of manufacturing companies and 40% of service-sector employers plan to hire workers in June.
- The highest total in 6 months, according to a survey by the Society for Human Resources Management.
- Conference board also reported that online job ads rose by 250,000 in May to 3.37 million, the first increase since October and the largest jump since October 2006.
- None the less, economist still warns that jobs overall will remain scare as most employers are likely to wait until the economy grows at a healthy pace before they feel confident enough to add workers. Which will not happen well until 2010.
- The current unemployment rate now stands 9.4% and the Federal Reserve expects unemployment to remain elevated until 2010.
- Labor department today showed that total job openings fell in April to 2.5 million, from 2.6 million in May.
With 13.7 million people unemployed it means that there are 1 job for every 5 people in America.
- Manpower Inc said quarterly employment outlook survey found only 15% of respondents planned to increase hiring in the Q3 2009. 13% plan to cut more staffing and 67% plan no changes.
- Labor department also showed some pockets of growth though in specific areas such as layers, accountants and other professional business services which rose from 428,000 to 458,000.
- Restaurants and hotels also advertised about 55,000 more openings in April than in March.
- Restaurant operators added nearly 9,000 jobs in May. (First time in 10 months). This is particularly true among fast-food and other low-cost restaurants.
Employment growth in low-cost and fast-food restaurants reflect greater frugality by consumers.
- Hiring has also ramped up among banks and other lenders. In part, because low rates have led to a surge in mortgage refinancing.
- Indeed.com have also reported that mortgage-related jobs has risen 50% since last summer. Job listings related to foreclosures and bankruptcy are also up.
- Simply hired CEO reported that total job postings are declining at a much slower pace. Online want ads fell 3.7% in May compared with 5.9% in April and 13.7% in February.
- Job ads for accounting, government and truck-driver positions registered the largest increase in April.
“There are indications of greater optimism and greater demand” – Gautam Godhwani (CEO Simply Hired)
Source: Seattle Times
0 comments:
Post a Comment