Job-market recovery off to a great start in 2012

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After news last month that the economy added 200,000 jobs in December, there was talk that January’s job numbers would be disappointing by comparison. Economists had predicted the economy would gain just 135,000 jobs in January.

It was more than a pleasant surprise then, when the Bureau of Labor Statistics’ monthly employment report showed that 243,000 jobs were added in January, the largest monthly gain since April 2011. The increase was significant enough to drop the unemployment rate to 8.3 percent, a three-year low. According to The New York Times, the report is “the strongest signal yet that an economic recovery [is] spreading to the jobs market.”

Other signs that the job market recovery is picking up speed?

1. According to the Conference Board’s monthly Help Wanted Online report, the number of advertised job openings online increased by 61,300 in January, to 4.38 million. Online job postings increased by 207,118 year-over-year.

2. The U.S. Labor Department reported that that the number of first-time filings for unemployment insurance fell to 367,000in the week ended Jan. 28. Economists consider fewer than 400,000 new filings per week to be a sign of strong hiring trends. The four-week filing average, a more stable indicator, fell to 375,500 — the second-lowest four-week average since June 2008.

3. CareerBuilder recently released a list of 22 companies that are looking to hire a total of more than 38,000 new employees around the country.

What are your thoughts on the job market? Let us know in the comments section, below.

5 Comments
  1. A bunch of numbers that look great – meanwhile all of us blue collar guys out of work are wondering ‘Where the hell are all these supposed jobs?’. Careerbuilder for example, which Ms. Madden works for, is 90% filled with scam offers from companies looking to sell you something rather than employ you. They may be reporting that the number of jobs posted is on the rise, but they’re mostly bogus. And even when I’m lucky enough to get a bite from a legitimate company on there, it turns out like this – ‘Hi, Mr. ____! We saw your resume on Careerbuilder and we think you’d be a good fit for [this position]. Please apply on our website.’ I sacrifice a half hour of my time and two days later I get ‘Thank you for applying for [this postion]. We were very impressed with your resume, but in the end we chose other candidates that we feel were more qualified than you.’ In other words, they have a bot search Careerbuilder for potential people and they really have no idea who you are or how your resume reads when they first invite you to apply, no matter what their message says. Fantastic. And come on – look around – from self-checkout lanes to ‘smart meters’ to automated customer phone support to customers pushing carts back for Wal-Mart (smh), is it so hard to see that there are really fewer and fewer jobs available? This is not a new thing – a lot of people lost their jobs to machines in car manufacturing, railroad building, and mining, for starters, before many of you readers were born. But things ARE getting worse. As the world’s population grows which demands more jobs, the available jobs actually DECREASE because advances in technology are giving big companies more and more ways to make human workers obsolete. The top execs say it’s necessary, it’s this or it’s that, but it’s really only about one thing – profit. The people on top want to get theirs while they can and they don’t care what they do to the common man or the economy in order to do it. And I haven’t even mentioned outsourcing, which is at least as big a problem as automation.

    The unsolvable problem is that big company execs, like all other humans, are so short-lived they don’t foresee themselves having to live with the consequences of what they’ve done. Start off graduating from a good school, become a company exec, expect to switch companies a few times in the career, jack the American workforce up, but retire in twenty to forty years with a beautiful house, nice car, and more money than the average man ever dreams of, and then it’s someone else’s problem. We’re only expected to live to our mid-70′s anyway, so we’d better get while the getting is good, right? Unfortunately, that thought process is a killer. If humans lived to be 500 or 1000 years old, then what would happen? They wouldn’t be able to even remotely imagine that they’d die before they saw the consequences of their actions upon the world. In my short time on this planet I’ve heard a lot of people say ‘I’ll be retired by then’ and ‘I’ll be dead by then/before that happens’ – but that would be a thing of the past. It’d be a much different world, I assure you. But unfortunately, scientists haven’t figured out how to make these Chinese-indentured servant-hiring, robot-loving bastards live long enough to really become disgusted with themselves yet.

    So yeah, anyway – to sum it up – I don’t see things getting better. I can’t even pay someone to hire me. I do, however, see things getting a lot worse. And I don’t have an answer for it besides God Help Us All.

  2. Pingback: 6 jobs that are in-demand now | The Work Buzz

  3. Pingback: 6 jobs that are in-demand now | City Jobs Blog

  4. Pingback: 6 jobs that are in demand now | The Work Buzz

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