According to the New York Times, corporate profits have been soaring off the charts, leaving job seekers questioning why the employment rate is still so low (at 9.4%). The article explains that although companies have been profitable, there haven’t been job offers because the effects have yet to lead to hiring new employees. Job seekers are urged to remain optimistic because the effects should lead to a steadier economy and job opportunities in the next year.
Posts tagged Economy
Job Seekers Still Struggling
Thursday, January 20th, 2011The Latest from the War on the Economy
Monday, September 13th, 2010The nation lost 54,000 jobs in the latest report, and President Obama staked out his position against the GOP in advance of the upcoming mid-term elections. It’s not easy to be president in a down economy during mid-term elections. Just ask Bill Clinton.
Crawling Back?
Monday, February 1st, 2010The economy grew in the last quarter, but how will that translate into jobs? A report.
Wall Street in the Crosshairs
Tuesday, November 3rd, 2009As the executives at financial services firms that were saved by government bailouts give themselves big bonuses, a new poll says that many Americans are still reeling economically and they want the government to do something about it. Coincidence? Probably not.
Looking for Signs [In Men's Underwear]
Friday, October 2nd, 2009A survey of some of the more unusual economic indicators to determine what’s in store for the economy.
Double Whammy of the Down Economy
Thursday, July 16th, 2009It takes forever to find a new job, and then when you do you can’t sell your house to move. Those are two of the nastiest characteristics of this down economy.
Economic Roundup in Blue
Monday, May 11th, 2009The bad news is that the economy shed another 539,000 jobs last month; the good news is that all the punderati were expecting as many as 620,000, so the state was hailed as a sign that things were improving. Before you join the, um, celebration, consider that the White House doesn’t expect the job numbers to turn positive until sometime next year. And keep in mind that a survey of the nation’s largest financial institutions are still about $75 billion short on cash.
The T Season
Tuesday, April 14th, 2009That tax refund? Go ahead and spend it in one place.
Economic Roundup
Monday, April 13th, 2009Let’s check in on the economic news: President Obama says he sees a glimmer of hope in the recent economic numbers. Well, he has to, doesn’t he? The people in Cape Fear aren’t seeing much hope, and it seems to be getting harder and harder to spend your unemployment check at the mall. If there’s good news, it seems to be that we’ve fallen so far, so fast.
Economic Update
Monday, March 2nd, 2009Let’s review: The recession is already worse than the economists expected it to be, it is expected to deepen, and the February jobless numbers are looking like a 60-year high. Things are so bad that even Warren Buffet took a beating on the market last year. And while President Obama hopes his $3 trillion budget will help turn things around in the long run, this might be a key week to see if the markets are even thinking about recovery.