Employment News
Encouraging Numbers in Unemployment, Exports
By joe | Dated: 09-09-2010
The Department of Labor reported today that seasonally adjusted first-time unemployment claims dropped last week by a heartening 27,000, down to 451,000. Economists had expected the number to fall by only 2,000. The four-week moving average of new claims also fell, dropping 9,250 to 477,750.The United States trade deficit also fell, decreasing by 14 percent. The narrower trade gap indicates a stronger export market for U.S. companies and should benefit the wider economy.
Overall unemployment remains stubbornly high, however, and in fact ticked up by .1% in August. The private sector added 67,000 jobs during August, but will need to add about 200,000 jobs per month in order to drive down unemployment consistently.
Career Connect (From our other career blogs):
- Employment News (Sponsored by EmploymentSpectator)
- Following Your Passion-Literally! (Sponsored by iamnotastalker.com)
- Job Search Advice from the CEO of TravelingCrossing (Sponsored by aharrisonbarnes.com)
- Layoff News (Sponsored by LayOffWatch)
Testimonial of the Week
By using Employment Crossing, I was able to find a job that I was qualified for and a place that I wanted to work at.
- Madison Currin Greenville, NC
Sign Up now
Only TravelingCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.
- We have more jobs than any other job board.
- We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
- We collect jobs from more than 4,429,376 websites and post them on our site.
- We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.
