Posted on 12/24/2010 9:01:54 AM PST by SeekAndFind
As the economy gradually recovers, some big U.S. companies are cranking up their recruiting and advertising thousands of job openings, ranging from retail clerks and nurses to bank tellers and experts in cloud computing.
Many of the new jobs are in retailing, accounting, consulting, health care, telecommunications and defense-related industries, according to data collected for The Wall Street Journal by Indeed Inc., which runs one the largest employment websites. It said the number of U.S. job postings on the Internet rose to 4.7 million on Dec. 1, up from 2.7 million a year earlier. The company daily collects listings from corporate and job-posting websites, removing duplicates.
Its figures may undercount available jobs because some companies don't post all listings online, an Indeed spokesman said. Farming, manufacturing and construction jobs tend to be under-represented in online postings, while skilled computer and mathematical jobs are overrepresented, said June Shelp, an economist and vice president for the Conference Board, a private research group.
To be sure, the postings data offer only a partial and unofficial look at the labor market. Job losses in the recent recession have been much worse relative to output declines than in previous slumps, and official payroll data so far haven't shown signs of a big rebound in hiring. While some big companies are expanding, others are merely replacing workers who are retiring or otherwise moving on. And many of the available jobs require experience and technical expertise that few job seekers can muster. Jobs that don't are still seeing a flood of applicants for each opening.
New claims for unemployment benefits fell just 3,000 last week to 420,000, indicating a slight slowing of job losses. A Wall Street Journal survey of 55 economists in early December showed they expect only moderate job growth in 2011,
(Excerpt) Read more at online.wsj.com ...
sounds like biz is happi conservatives are back in power...
The Obama Tax Cuts are working! Hallelujah!! All praise The One.
I hope it’s sustainable. I’m 49, and I’ve never seen the employment situation as desperate as it is right now.
Of course, it doesn’t help when you have a socialist in the White House doing everything he can to kill job growth >:(
I wonder how much of it is Christmas hiring. I would have thought that with all the unemployed this year, I’d find lots of help when I go to the store, but they still seem short-handed. Might be because Obama is paying folks not to work.
Praise Obammy for the Christmas Hiring Season!
What tax cuts? My taxes have gone up since Obama took office.
Oh yeah,
if the economy rebounds the next two years it`ll be the messiah in a LANDSLIDE re-election and another super-majority for the totalitarian left.
Nice to know you put your dislike of Obama over the economic well being of your fellow American.
I agree that it is miserable; anyone who wants to believe these reports need only look at Monster, CareerBuilder, etc. to see what the real employment situation is like (in any ZIP code you’d like). I hope things look up soon; I can’t imagine “The Dude” in the White House will even survive a primary challenge from his own party at this point.
I like the indeed.com site, but I also notice many of the job posting are duplicates & triplicates. It is a good site, though.
As a newly unemployed, I am watching this closely. I also see a parallel to a spike new job postings and the passage of the extension of the Bush tax cuts. Had they not passed, I think a lot of employers would have kept their job openings to a minimum for fear of additional Democrat tax penalties. Coupled with the win by Republicans in the House beginning next month, businesses finally have a stable playing field with which to begin hiring again.
I know we could have got a better deal in the next Congress but it would have still had to make its way through a Democrat Senate and a Democrat president before passage so I am glad to have seen this deal done for the sake of so many job seekers who don’t deserve further setbacks.
RE: As a newly unemployed, I am watching this closely.
Just curious, are you still eligible for 99 weeks of unemployment at this time?
Bohunky!! When the housing market recovers and new home construction begins again and goes full blast for about two years then you can say the economy is improving. Until that happens there ain’t no recovery going on.
Did I forget a /sarc tag? Couldn’t you see it?
But do you know, that old Grinch was so smart and so slick, that he thought up a lie and he thought it up quick. "Why my sweet little tot...", the fake Santa Claus lied...
Your short term view/strategy is your downfall.
Buh-bye Constitutional Republic. Hello Statist Totalitarian state.
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