Career and Job-Hunting Blog
Career and job-search news, trends, and scoops for job-seekers, compiled by the staff of Quintessential Careers.
|April 24, 2008|
The occupations with the largest projected increases over the next decade can be found in the healthcare, business, education, and hospitality industries.
According to the recently released 2008-09 edition of the Department of Labor’s Occupational Outlook Handbook, the occupations with the largest numerical increases in employment through 2016 are:
The Handbook, renewed and released every two years, features information on more than 270 jobs, and is a great research tool for career exploration. Go to the Handbook.
|April 18, 2008|
Unemployment claims surge in the U.S. as more big-name employers announce even more job cuts.
The Labor Department announced yesterday that applications for unemployment benefits increased by 17,000 from the previous week to a total of 372,000. The four-week average for claims was reported at 376,000, down only slightly from 376,750, the previous week.
These numbers are some of the highest seen since the economy’s last recession in 2001.
In related job news, bot Citigroup and AT&T announced major job cuts. Citigroup announced another 9,000 jobs will be cut — on top of the 4,200 cuts announced during the previous quarter. AT&T, meanwhile announced that will eliminate about 4,650 employees as part of a “streamlining” effort.
It’s amazing the different names companies give to laying off employees — downsizing, rightsizing, correcting, smartsizing, brightsizing, and now streamlining. In the end, it’s actual people whose lives are adversely affected, but the names given the cuts tend to cover the human side of firing and eliminating actual people.
|April 16, 2008|
Here’s a look at the states with the best unemployment rates — and the worst unemployment rates.
In an analysis from the Bureau of Labor Statistics for February 2008 — the latest data available — of civilian employment, here are the top five states with the least amount of unemployment, as well as the five with the worst amount of unemployment.
States with the lowest unemployment levels:
States with the highest level of unemployment:
California is by far the most volatile state for unemployment, with eight metropolitan areas with greater than 10 percent unemployment (Bakersfield, El Centro, Fresno, Hanford-Corcoran, Merced, Modesto, Salinas, and Yuba City) and several below five percent unemployment (Napa, San Francisco-Oakland-Fremont, San Luis Obispo-Paso Robles, and Stockton).
|April 8, 2008|
More than 2 million people could lose their jobs before the U.S. economy recovers.
With the news of almost a quarter-million lost jobs in the first quarter alone, economists are now predicting continued bad times ahead, with job losses trailing even after the economy recovers. Some expect the unemployment rate to hit around 6 percent before things get better.
Industries that seem in decent shape — that may even see job growth over the next year — include healthcare, education, environmental sciences, and security. Even with rhetoric about smaller government, governmental bodies have added many, many jobs over the last year — and many expect that trend to continue.
Industries that are hurting — and will continue to hurt and lose more jobs — include construction, real estate, financial and banking, and manufacturing. Hospitality and retail are also weak and could see more job losses.
Your options are to continue to do all you can to make yourself a valued and productive member of your employer’s team while building your personal brand and keeping in constant touch with your network about other opportunities. If you have career interests than the one you are in, especially if it is in one of the growth fields, consider making a gradual career change to get more fulfillment — and more job security.
|April 4, 2008|
Recession? Employers in U.S. cut jobs for the third straight month as unemployment reaches nearly three-year high.
What most people have seemed to acknowledge for several months, government leaders are finally daring to admit — the triple effects of a housing collapse, a credit crunch, and a financial system in turmoil — have led us to an ugly economic situation that has resulted in a weak job market with limited prospects.
The Labor Department announced today a net loss of 80,000 jobs in March, which marks the third straight month that jobs have fallen — the longest period of losses since early 2003 — and now estimates that the economy has lost 232,000 jobs in the first three months of this year.
Job losses were widespread across professions/occupations, with the construction sector losing 51,000 jobs, manufacturing 48,000 jobs, business and professional service 35,000 jobs, and retail employment 12,000 jobs.
The unemployment rate jumped to 5.1 percent from 4.8 percent in February — the highest level since May 2005.
Some economists expect the job losses to continue through at least August while others say that job losses could easily continue into 2009.
The other issue is the number of people who are only working part-time who want to work full-time, but cannot find full-time employment… and those numbers have also spiked in the last few months.
The news is not all doom and gloom, as there are pockets of positive job growth, but the overall weakness of the job market affects employer outlooks and future hiring. Increases in jobs were found in education, healthcare, leisure and hospitality, as well as in government hiring.
|April 3, 2008|
Jobless claims in the U.S. surged last week to the highest level since September 2005, just after Hurricane Katrina.
According to the Department of Labor, applications for unemployment benefits spiked to 407,000 — up from a revised 369,000 claims the previous week. Economists had expected jobless claims to fall to 365,000.
The continuing bad labor news comes the day before the Labor Department announces last month’s employment report — which most expect to show another month of job losses, perhaps as high as 60,000.
The most shocking element of this week’s jobless claims is that these reports always under-represent the number of people who are unemployed and have given up on seeking benefits.
|April 2, 2008|
New hiring over the next several months is predicted to be weak, at best.
In a new hiring survey released this week, 29 percent of managers plan to increase hiring during th second quarter of 2008. About 6 percent expect to decrease their staffs, while 59 percent expect no change in staffing.
Larger companies appear more likely to hire than smaller firms, with 33 percent of companies with 250 or more employees expecting to increase their staffs, 32 percent of companies with 51-250 employees increasing, and only 22 percent of firms with 50 or fewer employees hiring more employees.
The survey results come from a pool of more than 2,700 hiring managers and human resource managers polled by Harris Interactive for USA Today and CareerBuilder.com.
|April 1, 2008|
Unfortunately, it’s no joke: More than 200,000 banking jobs may be cut over the next year or two as mortgage crisis weakens entire industry.
In an announcement Tuesday, financial research firm Celent said the cuts will occur as a result of a trickle down effect of the subprime mortgage crisis.
Whether your company, industry, or profession is affected by the economic downturn directly or not, now is the time for workers to actively protect jobs while cautiously looking for new ones. Now is the time to again review the strategies published in this article published on Quintessential Careers: Seven Strategies to Recession-Proof Your Career: Build Your Future Regardless of Health of the Economy.
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|Other Career/Job-Hunting Blogs|
- Quintessential Resume & Cover Letter Tips, a blog from our sister site, with new resume and cover letter tips daily. A must-see for any active job-seeker.
- Job Stuff, A Blog for Your Career, from Stephen Harris. Stephen’s blog is a great resource for those job-seekers who find yourselves in transition, searching for guidance and reassurance.
- The Occupational Adventure Blog, from Curt Rosengren, a Passion Catalyst. Curt’s blog is great for finding encouraging ideas (and resources) for moving forward with your career… a career that lights your fire.
- Blue Sky Resumes Blog, from career expert Louise Fletcher, a general career and job-search blog that covers all aspects of the job-hunt.
- Career Transition Discussion, a blog that deals with the issue of mid-career change… for job-seekers 40+.
- LifeWork Design — a conversation about topics related to career counseling and coaching.
And for our entire list of favorites, go here: Career-Related Blogs for Job-Seekers.
|Quintessential Career and Job Resources|
Other topical resources for job-seekers:
- QuintZine: A Career and Job-Hunting Newsletter
- Q-Tips: Quick and Quintessential Career & Job Tips
- Q&A with Career & College Experts
- The Career Doctor Career Advice Column
- College, Career, and Job-Related Articles
- Career and Job-Related Tutorials
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