Career and Job-Hunting Blog
Career and job-search news, trends, and scoops for job-seekers, compiled by the staff of Quintessential Careers.
|Career and Job-Hunting Blog Index|
|November 16, 2009|
Jobs a struggle for adults and teens alike, as adult unemployment tops 10 percent and teen unemployment soars to an all-time high near 30 percent.
While economists have put the weak economy back on track for recovery, job-seekers know firsthand that the job market still has a long way to go before we can even begin to say things are doing okay.
The unemployment rate for adults hit a 26-year high last month, reaching the double digits (as expected), coming in at 10.2 percent, according to the Labor Deparment. Much more startling — and barely reported in the media, teen unemployment skyrocketed to 27.6 percent last month. It seems that adults (both college students and older adults) are squeezing teens out of the labor market.
Politically-oriented folks are screaming that the stimulus and other government efforts are not working — using the unemployment rate as proof. But Recovery.gov shows that hundreds of thousands of jobs (many in construction and education) have been saved or created through the Federal Government’s efforts.
There is no question this is one of the toughest job markets in memory. Job-seekers will have to work extremely hard to not only find job leads, but to fight the competition for those jobs. Finding a new job can be done; it will take longer, will require much work and effort, and may even involve having to relocate or make a lateral move or career change.
Furthermore, a “jobs summit” planned for next month by President Obama will hopefully bring about new ideas for creating additional jobs.
|Quintessential Career and Job Resources|
- QuintZine: A Career and Job-Hunting Newsletter
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- Q&A with Career & College Experts
- The Career Doctor Career Advice Column
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