Jobs - Good News/Bad News

[Resume Writer]

Hi Everyone,

Thought I would post this article.

Kathy



[font=Times New Roman, Times, serif]Good news and bad news for job seekers[/font]
[font=Arial,Helvetica,Sans-Serif]Abridged: Center on Budget and Policy Priorities[/font] [font=Times New Roman, Times, serif]WASHINGTON, DC -- The good news is for three months running, the labor market has again been generating significant numbers of new jobs. The bad news is new Labor Department data show that over the same three months an exceptionally large number of jobless workers exhausted their regular unemployment benefits and did not qualify for further federal aid.

The Temporary Extended Unemployment Compensation (TEUC) program was created in March 2002 to provide up to 13 weeks of federally funded unemployment benefits to those who have run out of regular unemployment benefits. Individuals who have exhausted their regular benefits since December 20, 2003 have not been eligible for TEUC aid. The lingering high level of exhaustees suggests that the program was turned off too soon.

Analysis indicates that more than two million unemployed workers have exhausted their regular benefits and are without further federal unemployment aid from when the TEUC program ended through the end of June. The next few months are also likely to see an exceptionally large number of exhaustees. Projections suggest that in July, August, and September of this year, the number of jobless workers without aid will set records for those particular months.[/font]

 

[ThomasR]

Oh great, now watch the crime rate begin to climb.

 

[Resume Writer]

Oh great, now watch the crime rate begin to climb.

While that might be something that happens down the road, I do not see that as an immediate "threat." What I do see is a rise in personal bankruptcy, which in the end, costs us all money.

I think the individuals in the unemployment offices are overwhelmed and really have no concept of how to help the "upper level" individuals who have lost their positions. The jobs being created in the private sector are mostly entry level. The executive market has been the hardest hit.

I have seen many people who have taken a "vacation" while they have been unemployed and now that is hurting them.

I will say that the individuals who have contacted me in the last 6 months are gainfully employed and looking for upward employment. I saw a significant change in the economy in December 2003.

The jobs are out there, but people just need to present their qualifications in the best possible light in order to compete with the 500 other candidates applying for the same position.

Kathy

 

[GPilot]

I'll put a plug in for Kathy!

I have had a solid offer a couple of promising replies since having my resume redone.

Well worth it, thanks much Kathy!

 

[ThomasR]

While that might be something that happens down the road, I do not see that as an immediate "threat." What I do see is a rise in personal bankruptcy, which in the end, costs us all money...................
Kathy

Regarding crime rate: Reagan's trickle down policy was a big bust because he believed rich people would advance their wealth downward when propped up by government money. What actually happened was the rich simply got richer.
What trickles down is proverty.

One person does not go bankrupt; he takes ten other people in the community with him.

 

[DIRT]

Thomar

"rich people would advance their wealth downward when propped up by government money"

You are completely misinformed. The top 1% of taxpayers in 1988 payed 27.6% of all federal income tax, I would hardly call that being "propped up by government money." Please get your facts straight before you start babbling liberal propoganda.

Dirt

 

[ThomasR]

taxes?

I never said anything about taxes

 

[DIRT]

"Reagan's trickle down policy was a big bust"

This policy was a tax cut, please back this up with some facts.

 

[Resume Writer]

I'll put a plug in for Kathy!

I have had a solid offer a couple of promising replies since having my resume redone.

Well worth it, thanks much Kathy!

Thanks Gpilot! I'm glad I could help you out!

Kathy

 

[ThomasR]

Ok

"Reagan's trickle down policy was a big bust"
This policy was a tax cut, please back this up with some facts.

Call it what you want, results were the same.

 

[vetteracer]

I know Kathy is modest and does not pat her back her very much so I will chime in.

I sent my resume off to her and she sent me back a piece of work in return. I spent hours with here on the phone as she studied my goals and my experience.

It was hard to encapsulate everything that I wanted to say, also cut out the automatic "circular file" stuff I had put in there.

Kathy did a great job.

Thanks Kathy.

Mark

 

[Flyingtoohigh]

Kathy,

What information do you have suggesting that mainly-upper level jobs are suffering? Myself and many of my friends graduated from four-year universities with degrees this year and only one has found employment in her field. We are definitely feeling the crunch on the entry-level.
I don't want to seem argumentative. Where do you normally find your macro-level job information? I'd like to read more myself and learn.

 

[Resume Writer]

Kathy,

What information do you have suggesting that mainly-upper level jobs are suffering? Myself and many of my friends graduated from four-year universities with degrees this year and only one has found employment in her field. We are definitely feeling the crunch on the entry-level.
I don't want to seem argumentative. Where do you normally find your macro-level job information? I'd like to read more myself and learn.

Most of my intel comes from hiring surveys conducted by various organizations. These are from the National Association of Colleges and Employers, CareerBuilder.com and other recruiting agencies. I subscribe to news wires and also newsletters from various sources.

The other source of information is from the Department of Labor. The information there is broken down by age and occupation. While hard to navigate, they do provide some good information. Keep in mind though, the government information is usually behind about a year.

The reason the executive market is so bad is the restructuring of organizations. Then there are no jobs for the executives to be placed in. When I alluded to entry level jobs, I was not specifically speaking about college graduates. Many of the statistics are not collected on degreed versus non degreed candidates.

My question would be about your friends. What areas did they receive their degrees in? What methods have they used to find employment? What internships did they do prior to graduating? These are all key factors in retaining employment.

My college students have not found problems getting jobs. But I use a tailored approach with them, focusing on their unique backgrounds and what they can bring to an employer. You need to sell yourself. As I have said before, you are marketing a product and that product is you. If you do not have an effective sales presentation, i.e., resume and cover letter, then all the applying for jobs will not do any good.

I hope I answered your question!

Kathy

 

[Flyingtoohigh]

You answered my question and more. Thank you Kathy!