Pasadena, CA — Employers slashed 533,000 jobs in November, the most in 34 years, according to the latest US Bureau of Labor Statistics report. Mind-boggling figures of job losses reported for the month are statistically the most since December 1974. The unemployment rate of 6.7% was the worst rate since 1993. It's only the fourth time in the past 58 years that payrolls have fallen by more than 500,000 in a month. EmploymentCrossing, the leading job board in the US, agrees that the current job market has been increasingly ruthless on the employees, as widespread cuts attain a new high.
''Yes, it is true that the job market has plunged into dire straits and it is worsening dramatically and consecutively for over 11 months now,'' says Harrison Barnes, the CEO of EmploymentCrossing. ''EmploymentCrossing is trying its best to increase its job count. The need of the hour is to accelerate that growth even more.''
Further, according to the report, jobs were lost in construction, manufacturing, employment services, retail, leisure, hospitality, and the financial sector. Healthcare and education were the only sectors to beef up payrolls. What’s agonizing is that the average workweek dropped to 33.5 hours, which is the lowest average since the figure began being recorded in 1964. More significantly, the unemployment rate does not include those too discouraged to look for work any longer or those working fewer hours than they would like. Add those people to the roster of the unemployed, and the rate hit a record 12.5 percent in November, up 1.5 percentage points since September.
Additionally, investors fear higher unemployment will lead to a more severe pullback in consumer spending, which is a crucial component to helping the economy rebound. Further, there is ‘under-employment’ too, which includes people who are forced to work in part-time jobs when they would have preferred a full-time job. That measure has been trending upwards for quite a while and now totals more than 7.3 million people.
''About 1.9 million jobs have been lost since the start of the recession a year ago. The job market has definitely hit a new low this year, but it is useless to cry over spilt milk,'' says Barnes. ''Efforts are been made to make people aware about the source of jobs, because they do not know where to find them. EmploymentCrossing is focusing on several US states and other demographics, especially the hard-hit ones, and believe it or not, has been somewhat successful in its endeavors. Over the week, the job site has managed to post more than 224,704 active new jobs in a week in US itself, one of its best efforts in spite of one of the worst employment figures recorded in the month.''
According to Barnes, the top job types out of the 2 million jobs listed on EmploymentCrossing’s websites are:
''With a highly trained team of researchers who personally screen each and every job posted on EmploymentCrossing’s portals, EmploymentCrossing seeks out, edits, approves, and tracks an elite collection of jobs on an ongoing basis,'' Barnes says. ''EmploymentCrossing is not for everyone — we are exclusive and private, and only members have access to our job-opening research.''
EmploymentCrossing is a powerful and comprehensive organization dedicated to helping professionals find jobs that will enhance their careers. EmploymentCrossing consists of 100+ industry-specific job boards which consolidate every job opening they can find in one convenient location. The website also offers a seven-day free trial to new members.
"Using people and sophisticated technology, we search tens of thousands of employer websites, newspaper classified sites, job boards, government sites, public interest sites and more looking for jobs for you."
Using salespeople they call employers and try and get them to pay hundreds of dollars for a job posting
We bring all of the jobs we find into our database.
The job site only posts jobs in its site that companies pay to post.
We filter all the jobs and show you what we find that matches your interests.
They only bring in the jobs to their database that employers pay to post on their site.
We keep a low profile (we do not advertise) and only allow subscribers on our site so there are fewer applications for the jobs we find.
The job site allows any job seekers with an Internet connection, free access. It aggressively advertises the job site to bring as many job seekers as they can to each job, so employers are flooded with applications and will pay to post again.
Manager, Operations - Data Center United States-AZ-Phoenix
Job Title:
Manager, Operations - Data Center
Job ID:
10509
Location: Arizona-Phoenix
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Unlike other sites, EmploymentCrossing works for you and does not charge employers to post jobs and actually goes out and researches jobs for you. The jobs you see are the jobs we find for you and not the ones employers are paying us to post.
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Top 101 Reasons to Sign Up for EmploymentCrossing
Reason 26: EmploymentCrossing lets you see who's hiring. Your employer may be seeking to replace you. Be the first to know.
EmploymentCrossing - #1 Job Aggregation and Private Job-Opening Research Service — The Most Quality Jobs Anywhere
EmploymentCrossing is the first job consolidation service in the employment industry to seek to include every job that exists and not charge employers to post jobs on its site.
EmploymentCrossing uses sophisticated technology and manual work to comb employer websites and other job boards for jobs and bring them all to its site.