Hiring Remains Weak— Hiring remains weak and employers may be cutting their staffs again. This suggests that companies won’t be adding enough workers in August to lower the 9.5 percent unemployment rate.
The government’s July jobs report showed that the economy lost a net total of 131,000 jobs last month. Excluding the impact of the elimination [...]
Are Businesses Hiring?
The outlook for private sector employment is certainly uneven across the country with a state like Michigan having a very difficult time. But are things better or worse since the depths of the recession? No one knows. If they say they do, they are not telling the truth. Businesses polled indicate confusion about [...]
Fewer Mass Layoffs, Government Hiring Bright Spot
In February 2009* alone, employers made 2,769 mass layoffs compared with 1,672 mass layoffs in the same month last year, according to the Bureau of Labor Statistics. Each layoff involved at least 50 people from a single employer filing for unemployment insurance. Since December 2007, when the [...]