Posts tagged unemployment

With the tough economy, many job providers are telling new-hires that they will have low compensation but will need to concentrate on performing better. Typical high-paying jobs are now being followed by a lower salary since job providers know that there are many worthy candidates that could fill the position. Although times seem to be looking up, the Labor Department reported Friday that the unemployment rate is staying steady at a rate of 9.6%.

In case you missed it, the national unemployment rate hit double digits.

A new economic forecast suggests that this recovery may be sustained despite lagging employment.

With the jobless remaining jobless for six months or more, economists say that recovering from the Great Recession will take a long, long time.

“Unemployment Falls” Millions could be reading that headline in line at the unemployment office for years to come.