Good new for job seekers! Recent
statistics reveal that the unemployment rate has dropped 10%, which is
the best showing since December 2007. I
don’t need to tell everyone the abc’s of the recession or how or why we got to
the point of having such a high rate of joblessness in
The industries most affected by the
recession include: construction, real estate, gamming, fashion, and goods and
services. One fact that the 10% decline
hides is that when people don’t look for jobs, they are not factored into the
figure. So those job seekers that are
upset about fruitless searches and need a break are still unemployed, they just
aren’t unemployed for the purpose of the study.
Though a positive swing in numbers,
there is still a long way to go. A
recent LegalMatch study
revealed an overall increase in unemployment benefit inquiries. That basically means that people are still
struggling to find employment in this market and are forced to rely on the
weekly income provided by their state unemployment insurance plan.
One
study noted that the average unemployed individual that finds himself out
of work remains jobless for 28.5 weeks.
I find that figure to be depressing.
I have many friends who have been laid off within the past year and I
have seen the struggles that go along with job hunting. Nevertheless, it is important to remain
optimistic and explore
fields that are hiring.
Hopefully the unemployment rate will
continue to go down and the struggling industries will be able to get out of
their slumps. Maybe a holiday spending
spree will be the stimulus the economy needs???
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