Cities With the Lowest Unemployment Rates
The national unemployment rate is up to 9.5%, but there are still quite a few cities/metros with lower unemployment rates, making them fertile ground for job-hunting (or, at least, good bets for job retention). Below is a list of the 40 metros with unemployment rates less than 6.0%. Bismarck, ND 3.5% Iowa City, IA 3.7% [...]
Cities With the Highest Unemployment Rates
El Centro, CA – 26.8% Yuma, AZ – 23.3% Guayama, PR – 19.2% Kokomo, IN – 18.8% Yuba City, CA – 17.7% Elkhart-Goshen, IN – 17.5% Merced, CA – 17.3% Fajardo, PR – 16.6% Flint, MI – 16.5% Yauco, PR – 16.5% Modesto, CA – 16.3% Monroe, MI – 16.2% Aguadilla-Isabela-San Sebastian, Mayaguez, PR – [...]
Unemployment Soars to 9.4%
According to the Bureau of Labor Statistics report released today, the national unemployment rate has now reached 9.4%, bringing the number of unemployed people to 14.5 million. A 9.4% national unemployment rate is bad, but the unemployment rate for minorities and teens is far worse. Unemployment Rates for Minorities and Teens Hispanics – 12.7% Blacks [...]
Why Jobs Data Seems Conflicting
I thought it was important to take a few seconds and acknowledge and explain apparent discrepancies in the jobs data reported on Careersthatdontsuck.com. Each month, we report jobs data from a variety of sources, and sometimes, that data appears to be all over the board. How can there be good news in one post and [...]
Private Companies Cut 532,000 Jobs
According to the ADP National Employment Report, privately-owned businesses cut 532,000 jobs between April and May. Private companies in the service-producing sector cut 265,000 jobs, while goods-producing companies cut 267,000. Medium-sized businesses (50-499 employees) cut the greatest number of jobs with employment declining by 223,000. Small businesses (0-50 employees) cut 209,000 jobs, and large businesses [...]
New Jobless Claims Drop
According to the Labor Department, the number of initial claims for jobless benefits dropped last week to a seasonally adjusted 623,000. This is about 12,000 less than analysts’ estimates, signaling that employers may be cutting fewer jobs. Unfortunately, the new applicants join the 6.16 million people already receiving unemployment benefits, driving the total to 6.78 [...]
The European Job Market
On a recent flight, I spoke with a woman named Meryl, who was, like so many, lamenting losing her job and wondering aloud what to do next. We were both on our way to Maui–me for R&R, her for a friend’s wedding. My seatmate shared with me that she was considering chucking it all and [...]
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