Continuing last Monday’s post about the October’s jobs report (in which new job postings on LinkUp rose by 4% from September), there is also positive news on an industry by industry basis. In October, 23 of 36 industries showed an increase from September in new job listings on LinkUp, while 21 showed an increase in [...]
Last Friday, the Department of Labor issued its monthly jobs report for October and reported that the U.S. economy lost another 190,000 jobs in October (a number that will certainly be revised up or down in future months). October’s losses represent the 22nd straight month of monthly job losses, and unemployment rose from 9.8% to [...]
Continuing last Friday’s post about LinkUp’s dour jobs report for September (in which 47 states reported a decrease from August in the total number of job listings), there is equally as discouraging news on an industry by industry basis. In September, 29 of 36 industries showed a decrease from August in both new and total [...]
Not surprisingly given the grim jobs report issued earlier today by the Department of Labor, LinkUp’s September jobs report showed that the U.S. jobs market continues to struggle badly. New job listings on LinkUp fell by 14% during the month and total job listings dropped by 7%. On a state by state basis, 38 of [...]
Despite the continuing rise in U.S. unemployment and the mixed signals from the August jobs report (good news relative to previous months but still horrendous compared to historic norms), there are a lot of companies with jobs listed on their company websites (still the 2nd best place to find a job behind a personal contact). [...]
Continuing yesterday’s post about LinkUp’s encouraging jobs data for August (in which 49 states reported an increase from July in the total number of job listings), there is equally encouraging news on an industry by industry basis. In August, 35 of 37 industries showed an increase from July in the total number of job listings [...]
The Department of Labor released its jobs report for August last Friday, and despite the fact that 216,000 more jobs were lost and unemployment rose to 9.7% (a 26-year high), the monthly job losses were the smallest of any month this year. The fact that we’re celebrating what would normally be considered abysmal job losses [...]
Consistent with LinkUp state by state job listing report for May released yesterday, the job search engine’s report of new and total job listings by industry for May provides further proof that the job market is showing signs of life. While new job listings on LinkUp fell 8% to 425,783, the decline was a massive [...]
The Department of Labor report for May will be released this Friday, and if LinkUp’s data is any indication, the jobs market is showing clear signs of improving. Granted, the numbers are still quite bleak, but they are a far cry from the abysmal numbers LinkUp reported in April. In May, new job listings on [...]
I had the great pleasure of hearing Jim Grant of Grant’s Interest Rate Observer speak at a conference last week. In his incredibly entertaining, enlightening, and frightening remarks, he noted that in the previous 10 post-war recessions, the peak-to-trough decline in GDP averaged 1.7%. The average stimulus response during those 10 recessions averaged 2.9% of [...]