{"id":2070,"date":"2013-02-01T12:52:21","date_gmt":"2013-02-01T17:52:21","guid":{"rendered":"http:\/\/www.strategicsearch.com\/technical-recruiting-blog\/?p=639"},"modified":"2013-02-01T12:52:21","modified_gmt":"2013-02-01T17:52:21","slug":"unemployment-rate-hovers-near-dangerous-8","status":"publish","type":"post","link":"https:\/\/strategicsearch.com\/beta\/unemployment-rate-hovers-near-dangerous-8\/","title":{"rendered":"Unemployment Rate Hovers Near Dangerous 8%"},"content":{"rendered":"

Talking Points for the month<\/span><\/b><\/b><\/p>\n

    \n
  1. 157,000 (+2,000 from December) non-farm jobs added in January<\/b>. But unemployment rate up to 7.9%!<\/strong><\/b><\/li>\n
  2. <\/i><\/b>22.7 million ( Same as December)<\/span><\/i><\/b>= 12.3 (+100,000\u00a0from December)<\/i> mil. Unemployed + 8 (+100,000\u00a0from December) mil. Involuntarily working part-time + 2.4 (-200,000 from December) mil. who are not even counted = 22.7 million workers<\/span><\/i><\/b> who are either unemployed or underemployed<\/span><\/i><\/b> or 16% of all workers! = 1 in 6 workers still unemployed or underemployed in the January BLS figures!<\/span><\/i><\/b><\/li>\n
  3. BLS said that the National<\/b> Unemployment rate stayed the same at 7.9% (revised upward from December) in January<\/b>. This was the 5th straight month below 8% after 43 straight months of 8% or above!<\/b><\/li>\n
  4. <\/b>Illinois<\/b> unemployment rate was 8.7% (same as November) in December <\/b>(Projected).<\/b><\/li>\n
  5. The gains<\/b> were across the board: a) Health Care<\/b> continues to add jobs and rose by 45,000 in January<\/b> (- 22,000 from December, but over the year has added 320,000) b) Retail<\/b> added 33,000 c) Construction<\/b> rose by 28,000 in January<\/b> (since a low in January, 2011 has grown by 296,000 jobs) d) Wholesale<\/b> added 15,000 jobs in January<\/b> (since a low in May, 2010 has added 291,000 jobs) and e) Mining<\/b> added 6,000 jobs in January<\/b> (has risen 23,000 over the last 3 months).<\/b><\/li>\n
  6. <\/b>Transportation and warehousing dropped 14,000 jobs in January and manufacturing stayed the same! <\/b><\/li>\n
  7. <\/b>How bad is it?<\/span><\/i><\/b> \u00a0With only 157,000 jobs created in January<\/b>, it will take over 10 years to make up for the 7.9 million jobs killed off by the recession. Many of them are not coming back!<\/b><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    Talking Points for the month 157,000 (+2,000 from December) non-farm jobs added in January. But unemployment rate up to 7.9%! 22.7 million ( Same as December)= 12.3 (+100,000\u00a0from December) mil. Unemployed + 8 (+100,000\u00a0from December) mil. Involuntarily working part-time + 2.4 (-200,000 from December) mil. who are not even counted = 22.7 million workers who […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[30,48,45,64,52,69,55],"tags":[],"class_list":["post-2070","post","type-post","status-publish","format-standard","hentry","category-chicago-employment","category-chicago-engineering-jobs","category-engineering-jobs","category-engineering-recruiter","category-interview-preparation","category-scientific-recruitment","category-technical-recruiter"],"_links":{"self":[{"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/posts\/2070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/comments?post=2070"}],"version-history":[{"count":0,"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/posts\/2070\/revisions"}],"wp:attachment":[{"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/media?parent=2070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/categories?post=2070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/tags?post=2070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}