This blog is for discussing issues in our complex global economy.
Job reports show signs of growth
It’s relieving to read these kinds of reports, but I’m not really that surprised. our unemployment has been so high recently that, where else could we go up up? Regardless, it’s good to see that more jobs are being created, and job cuts are finally starting to curb a little bit. I would hope that this trend can continue, but many unemployed people are not out of the woods yet, and there is still lots of competition out there. Some will remain out of work.
This time had to come sooner or later. It works just like a science, what goes up must come down. This can also be applied to the increase in job loss. It is now time to decrease the loss. In reference to those who still don’t believe that we are in recovery, it is easy to relate. I also do not feel a complete recovery. It might take a higher availability of jobs to convince me of the turn around. It is not until people have been working for a while that the money flow will be put back into the economy. I believe we are headed in the right direction, but time is something that may not be sped up to get an ideal economy back sooner.
The number’s show that our economy is slowly recovering, but I feel that I have read many similar articles like this one stating that the economy is coming back and that there are more jobs. Yet I feel that there are more people losing their jobs then gaining new and more profitable ones. If there are really more jobs being created then there should be more money circulating in our economy,and it seems that there really has been no major change yet. States are still cutting back on education, the unemployment rate is still relatively high, and businesses are still going out of business due to this recession. I really hope that these numbers are right and that our economy is actually recovering. But like the saying goes: seeing is believing.
According to this article, for the past few months there has been “71% fewer job cuts” as well as an increase in job growth in the 200,000-250,000 per month range. If this trend continues for the next few months, the public will notice and they will have increased optimism and confidence, which (along with decreased unemployment) will increase spending by the general public (wealth effect). “The source of the recovery’s strength lies with the consumer.”
The article also says that unemployment rate is still “holding” at 9.7%. Which makes me wonder, are all these new jobs actually making a dent in the economy? The unemployment rate isn’t decreasing, but at least it isn’t increasing. And does this rate take into account the unemployed who have simply given up on their job search? This could be another reason why the rate isn’t going up.
This is the first good new about the economy i have heard in a while. Even if the reports are not apparently true news like this is sure to boost the moral of the people. I have already seen a increase in spending at my own job. I thought the increase of people spending was the because good weather but maybe the economy is getting better.
Its nice to hear that employers are being optimistic about the future and reducing the amount of people being laid off work and increasing the number of people being hired. Even if some companies are not hiring a whole, it still means good news. Not as many people are being laid off work and are able to have an open mind in trying to find a job. This is really good news to hear because so many people are jobless that have good job skills and with the economy bouncing back many people are in high hopes of finding a job.
Again, this is another step in the right direction. Even though i feel like i read a lot of articles similar to this one, it still gives me more hope for a better future for our economy to get out of this recession. While some people feel articles like these are released so often but yet there are still people out of work or losing the jobs still, i think for this case, we should not dwell on that so much and be more optimistic. Who like to hear bad news anyways? I am tied of reading about those types of articles while they might be very true, it is good to always look for the good or on the bright side.
Great news that the economy is turning in the right direction. I agree with the previous comments. I am tired of reading all the negative press about jobs, and although the rate of unemployment is still high, it is nice to know that the economy is bouncing back.
although the report shows the sign of growth in job, but still average people wouldn’t belive they the U.S. went back to normal as before unless the actual unemployment rate drops down.
I think government should invest more on creating jobs.
this cnn story doesnt look at the core of the issue, with new prvate sector jobs, people can see this as great, but with the small amount of unions in privatized work markets is more of an issue. Government needs to focus more job production and on regulation of ceo to worker salaries. to create more quality in the work place
Conn Carroll’s article is interesting. He blames Obama for introducing his stimulus package which promised 8 million jobs and is currently 7.8 million short. I feel that Carroll is being overly pessimistic. Obama did not create the recession we are currently in. Policy makers under the Bush Administration and poorly managed banks must take the blame. With Obama coming into power, things were never going to change automatically. The news that there is job growth is encouraging and certainly a step in the right direction. Positive news at a time like this should be welcomed rather than ridiculed.
It seems that job growth seems to increase more and more. The past few months have had a steady increase of employment and decrease in unemloyment. The increase in jobs is stimulating the economy in many ways. Its good to see that we are finally digging ourselves out of this recession. Just becasue jobs are being created doesnt mean people will take them. A lot of people that were laid off refus to go back to work for less than what they made before.
its always a good thing to see that people are getting jobs and making money, this could be the final light at the end of the tunnle. hopefully trends like this one continue.
The numbers that have been reported show that the U.S economy is slowly but surely recovering. It seems that I have read countless other articles declaring the same thing but no change ever happens. I hope the economy is getting better, but i will not believe it until i see it. As of now there are more people losing jobs than being hired, which is clearly not a step in the right direction for the United States. There have been no major changes yet, but this is a sign for the American people to be optimistic about the future of our country.
I work part time at a grocery store and I always here people coming through the check-stands complaining about being unemployed and how jobs are so hard to find these days. However, I’ve noticed that there are less people complaining as there were in late 2008. In fact, some people have been finding work lately. The trend for new work seems coming out of the growing industries such as technology. I am going to take the stance that, although this is a slight progression, we are still far from being back to “normal”.
Glad to finally see some improvements for the unemployed since the unemployment rate has been very high recently. This improvement in employment has many positive effects to the economy and this will hopefully continue as long as possible so that it will ease the recession
A positive sign in a bleak time. Jobs create opportunities which is what people need at the moment. A very good sign but not out of the woods yet. It is just a small step in the right direction. But one has to be skeptical and question if this going to be sustained. We are starting a process that, as of now, has no realistic end. But i am glad that the unemployment rate has fallen. We will see what will happen in regards of unemployment by the end of 2010.
It slowly is getting better. It is frustrating to know that so many people are out of jobs but problems can not be fixed overnight. At least were moving in the right direction. Unemployment could easily rise in the summer of 2010 and only a longer time period will allow us to asses our progress.
Some may say what happens to one thing, must happen oppositely to another. This is good news that there has been an increase in the number of jobs for our world.The past few months have had a steady increase of employment and decrease in unemloyment.Not as many people are being laid off work and are able to have an open mind in trying to find a job. This will increase the optimism of getting a job in our world
With the decrease in unemployment it shows great hope for our country. Does this mean are economy is getting better? No one really knows but this is a positive start and with less people being laid off its exciting to think that the US economy may be changing in the right direction
The story about the growth is a sign of improvement. With summer vacation kicking into high gear, I believe the economy could get even better by then. People, prepare to start spending!
Just because some people are being hired and the unemployment rate bobbing up and down dpoes not mean that news articles can be stating that the economy is recovering. It will take time for the capital people are producing to be filtered back to the economy as more job opportunities.
There seems to be a lot of articles concerning the increase of job opportunities. It’s very frustrating to many people to not have a job. This decline in unemployment is one step closer to the recovering of our economy.
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