The Inside Job


July 2009


Young Women Closing in on Gender Wage Parity

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Working women in their early twenties are close to catching up to their male counterparts in median  earnings, according to Labor Department data. Women in most age groups have made gains since 1979, but full-time working women ages 65 and older have gained no ground in closing the wage gap.

This ...

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13 Cities Where Some of the Job News is Good

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The Labor Department reported metro area employment data this week, and it's clear that while all cities have suffered in this recession, there's no question the damage has been worse in some spots. Consider that Kokomo, Ind., suffered the highest percentage point increase in the unemployment rate ...

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More Job Seekers Are Relocating For Work

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Job seekers are showing a willingness to move again. The percentage of job seekers who relocate for a new job has more than doubled to 18.2 percent from a recessionary (and record) low of 8.9 percent early last year, according to a new report from Challenger, Gray & Christmas. That percentage--of ...

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The End of Unemployment Benefits: 5 Things to Know

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While Presidents Bush and Obama have done many things differently, they used one common tool to help stimulate the economy: unemployment benefit extensions. Still, the efforts of both presidents may not have been enough to hold over millions of American workers until they find their next jobs. More ...

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10 Best Cities to Look For Creative Jobs

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You can head for a city with a low unemployment rate, or you can find a city that's got a slightly outsized need for the job you know best. For people in creative careers, you may actually be able to find work in this recession if you spend some time focusing your search on spots where the ...

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A Fitness Stimulus Could Save Lives and Jobs

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Amid the chorus of calls for another stimulus package (it would be President Obama's second, the country's third), a new study is released that finds that active commutes--walking or biking some portion of the distance to work--are correlated with a higher level of fitness. But only 17 percent of ...

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9 Things to Know About the Job Market of the Future

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The President's Council of Economic Advisers released a report today detailing their forecasts for the job market over the next decade or so. Here are 9 key points, followed by excerpts from the report:

Unemployment under the stimulus is higher than officials expected, but the White House insists ...

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Initial Unemployment Benefit Claims Plunge

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Last week, 565,000 people filed inital claims for unemployment benefits--a drop of 52,000 from the previous week, when 617,000 claims were filed, the Labor Department reported this morning. The four-week moving average, used to smooth out this volatile weekly data, fell by 10,000.

It's good ...

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7 Lessons From a Successful Job Search

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For the past few months, I've been helping someone look for a job. By that I mean that I have been offering my advice by the bucketload to a receptive, if discriminating, job seeker who then had to do the actual work of finding employment. Last week, this job search ended with some of the greatest ...

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employment

5 Things to Know About Hiring Right Now

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The Labor Department released its report on May's hiring, firing and job openings today. If you'll recall, May's job numbers were a burst of good news when reported last month--as employers had cut their rate of job shedding in half for the month.

The number of people hired in May held pretty steady ...

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Why the Worst Jobs Numbers Sometimes Aren't

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Recessions are really about people--losing jobs, missing mortgage payments, starting new businesses, and closing businesses that have failed. But you can't dismiss the numbers. The unemployment rate rises, the gross domestic product slips, home sales fall, advertising dollars fade. While the ...

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The June Jobs Report and Long-term Unemployment

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The bad news in June's jobs report is slightly insidious. From the outside, it doesn't look so bad. It's not like we had the kinds of job losses we had earlier this year. But there are many, many ugly things in this report. A list:

  • Job losses were a good deal higher than expected: 467,000 vs.
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    Why the Unemployed Need to Find Peace of Mind

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    It's a fairly cruel fact of life that the people most in need of a career coach, a massage, a vacation, or, say, a nutritious variety of fruits and vegetables, are the least likely to be able to afford them. Stress often accompanies a drop in income, so right when you need better methods of dealing ...

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