This blog is for discussing issues in our complex global economy.
Job cuts slow
This article is very encouraging to read because it does seem that there has been job-cuts around the nation for a fairly-long time. I am glad to hear that there are a few more people getting back into the work force while less people are getting cut from their jobs. But I agree that there needs to be more labor in the the goods-producing sector, but I believe that will come around slowly just as the other sectors. It also did not occur to me that the weather could effect the Labor Departments data for job losses also. It is good to know that is just a temporary hold. I just hope that this job cut slows down even more and that in the near future there will be more job opportunities to get more people back into the work force.
Encouraging, yes, but it’s only slowing. Tons of jobs are still being cut. There was an article in the Napa Register on Friday about 60 more Napa Unified School District employees receiving pink slips this month with final lay off notices going out in May. The article stated that 43 elemntary school teachers will be getting the slip, as well as 6 councelors, 5 admin and 6 other teaching postions are on the “chopping block” and that cutting these jobs will save the district $3.6 million next year. But yes, slowing is good. Hopefully it will continue.
It is GREAT that more jobs are starting to open up, but there still least those are are unemployed. National unemployment is still at 9.3% or somewhere in that general area, and based on how our economy has been in the past year and a half, who knows what is in store next for the economy. The United States is showing signs of economic increase, especially in the stock market. The article spoke about more labor being available to people as well as the first person who wrote in this blog, and I would agree that there should be more opportunities for people to succeed.
Finally we are starting to recover. i enjoyed reading this article because it was informative and optimistic. It was also interesting to see what they consider job losses during a month. I found this part odd “Prakken explained that if the weather hindered employees from working and earning pay during the week the government collects data, the Labor Departments treats that situation as a job loss. But the losses are restored in the following month’s report.” It then gave an example about blizzards that occurred one year and the two months reports were on complete opposite ends of job loss and job gain…it is weird how they actually account for the weather…it seems as if it may be better to just make note that month was hit by a blizzard but not count it toward job loss…the data just gets too skewed.
I think that the slowing of job loss is great for our economy. I have seen a change in the way people are spending their money. I work in the hospitality industry and we were hit very hard during this ecomnomic down turn and we had to lay off 20 managers which was a big cut for a small company. But I fell that those cuts only made us stronger and gave us an opportunity to grow and learn a little bit more about ourselves because the other managers that were not layed off had a little more responsiblity. I deal with some applications and hiring people and people want to get back out their and find a job, and I feel that after this economic down turn and so many thousands of people being layed off has opened peoples eyes and they are polishing themselves for a protective new job which will benefit employers in the end because they will be recieving a higher end new employee.
It’s not surprising to see a slow down in layoffs but there still seems to be the trickle down effect. If services and manufacturing are up, that is great. People are going to need certain things in order to keep going but the economy as a whole is still trying to tread water. It’s understandable that goods producing is still down. People have changed how they are going to spend their money and it’s not going to be on unnecessary items.
It is nice that there are becoming more jobs for people in our society but he unemployement rate is still outrageous. The umemployment rate of about 10 percent still is way to hight for our country to be satisfied.It is crazy that they call america the land of opportunity but there is no opportunities for people to follow their dream and this needs to change.
It is very comforting to hear that the cuts in many different areas are finally slowing down. The rate at which jobs, schools, and opportunities were diminishing was a very staggering statistic and it is just nice t hear that it has slowed. From a concerned college student who is looking for a job when school is all done with, it is hard to see people with good, respectable jobs getting laid off left and right. This problem is a very real situation an didn’t just something where you can look and say, “oh it won’t affect me.” I just want to know that I have a fair and equal opportunity to succeed when it is my turn to go out into the real world.
Time will tell. Overall yes having more jobs than the day before is great. We do need more jobs. Its funny because we are in war and that is usually when economic activity speeds up, yet there are no valid signs of that happening for this war. There are many demands in jobs, yet the jobs are the ones that require higher education. It is so competitive in the healthcare field right now that even though with experience and education, it is just not cutting it. I wish I was around in the next hundred or more so years to see if we really do get out of this recession and see what our future holds so it doesnt happen again.
Awesome news that California jobs have increased. It is comforting to know that people are getting hired and are able to hold down a job. This is a great illustration on how our economy is slowly improving.
Nice to see some progress. Hopefully we’ll be out this mess within a year or two.
There has beena lot o good articles about lowering the unemployment rate and creating jobs. This is good to see because this is exactly hat we need right now in our economy; highr incomes. The higher incomes help the consumers stimulate the economyand buy products whether they be imported or domestically produced. I mostly agree with the above comments. Yes more jobs is good, but will it b good in 20 years. IS there such a thing as too mny jobs? Also, there are alternatives. For instance if you cannot get a job right away, go back to school and et a higher education.
It is nice to hear that job cuts are slowing, as it may be a sign that the economy is proving. Job cuts may be slowing, but the jobs are still being cut. I will start to feel better, once more jobs start being available.
Something that really caught my attention in this article was the fact about the pharmaceutical business. The pharmaceutical business has been hit hard by the bad economy and has lost lots of jobs. This does not make sense because you expect that no matter what, people are always going to drugs for whatever reason. This is a little worrisome as well. Does that mean that people just are not getting the drugs they need? If a person needs a medication than a person should go buy it but if they do not have the money than what do they do? Are people just less concerned about their health during tough times? The pharmeceutical industry should not be hit. People should be getting the prescriptiongs that they need no matter what.
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