BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Half of Job Hunters Have No Idea When They'll Be Working Again]]>http://www.bloggingstocks.com/2010/01/12/half-of-job-hunters-have-no-idea-when-theyll-be-working/http://www.bloggingstocks.com/2010/01/12/half-of-job-hunters-have-no-idea-when-theyll-be-working/http://www.bloggingstocks.com/2010/01/12/half-of-job-hunters-have-no-idea-when-theyll-be-working/#commentsFiled under: ,

Nothing comes easily to the job seeker in this market. Though there are signs of stability, unemployment isn't expected to turn the corner until sometime this summer. A new survey that Challenger, Gray & Christmas revealed to BloggingStocks finds that 16% of would-be employees believe their hunts will take more than a year. More than half aren't sure when they'll find new positions. The survey was conducted by phone during the 24th annual two-day free job search advice call-in on December 28 and 29.

This year, 81% of the callers were unemployed, an increase from 76% a year earlier and a more modest 55% in 2007. And, confidence was down. Last month, only 12.4% of the callers felt they'd be able to find a job in up to three months, off from 27% in 2008. Those who thought it would take between four and seven months fell from 31% in 2008 to 12.2% in 2009.

Continue reading Half of Job Hunters Have No Idea When They'll Be Working Again

Half of Job Hunters Have No Idea When They'll Be Working Again originally appeared on BloggingStocks on Tue, 12 Jan 2010 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Challenger GrayChallenger Gray ChristmasChallengerGrayChallengerGrayChristmaseconomyemploymentinthenewsjob marketjob market resultsJobMarketJobMarketResultsunemploymentunemployment rateUnemploymentRateTue, 12 Jan 2010 09:30:00 EST<![CDATA[Why the market should have risen today]]>http://www.bloggingstocks.com/2007/09/07/why-the-market-should-have-risen-today/http://www.bloggingstocks.com/2007/09/07/why-the-market-should-have-risen-today/http://www.bloggingstocks.com/2007/09/07/why-the-market-should-have-risen-today/#commentsToday's weaker than expected job report supposedly contributed to its 250 point drubbing. But the simple reality is that nobody knows why the market went down.

If the market had gone up today, so-called analysts would have been available to explain that the market rose because weak job market results meant that the Fed was more likely to lower interest rates than it otherwise might have been.

After all, some analyst could have argued, the risks of not cutting interest rates -- in the form of a weaker economy -- far outweigh the inflationary risks. In fact, those analysts might argue, a decelerating job market means that there is a bigger risk of deflation. And what better way to counter that risk than to cut rates?

So why didn't the market rally today? Nobody who knows the answer is talking to the media. It's safe to say that the wisdom of those who comment to the press on market movements is worth exactly what you paid for it -- nothing.

Peter Cohan is President of Peter S. Cohan & Associates. He also teaches management at Babson College and edits The Cohan Letter.

Why the market should have risen today originally appeared on BloggingStocks on Fri, 07 Sep 2007 17:13:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>economyfed ratesFedRatesinthenewsjob market resultsJobMarketResultsmarket movementMarketMovementFri, 07 Sep 2007 17:13:00 EST