News
Upside Down Economy and Lopsided Employment Ratios
by Stephen Lytle on Nov 17th 2009 12:27PM
The economy appears to be getting better and when you turn on the news the positive thoughts are really starting to outweigh the negative emotions. However, were not out of the deep water yet and there are still a lot of job seekers and still very few jobs.
While employers have decreased the amount of lay offs that we are seeing from major companies, a recent article from the New York Times states that employment prospects are still getting worse.
"Job seekers now outnumber openings six to one, the worst ratio since the government began tracking open positions in 2000. According to the Labor Department's latest numbers, from July, only 2.4 million full-time permanent jobs were open, with 14.5 million people officially unemployed. And even though the pace of layoffs is slowing, many companies remain anxious about growth prospects in the months ahead, making them reluctant to add to their payrolls."
How does it look in your market? Are you seeing any changes that can provide insight, motivation, or a positive thought to other job seekers?


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