Pasadena, CA — Initial jobless claims for unemployment benefits dropped by 21,000 to 454,000 in the last week, which were the lowest in two months. Analysts had expected the figure to decline to 460,000. The data is from the Department of Labor. This news drove up the stock market for a third straight day of gains.
But these numbers are not big enough to make any significant improvement in the unemployment situation, where the unemployment rate is still 9.5 percent. The states reporting the largest increases in initial jobless claims were: New Jersey (7,951), Massachusetts (4,681), New York (3,473) and Florida (2,838). There were also major states reporting a decline in initial jobless claims. They are: Pennsylvania (2,841), Tennessee (1,375) Illinois (1,346).
EmploymentCrossing CEO, A. Harrison Barnes says that this shows job creation is picking up. ''The numbers may seem small, but our site alone has been able to track down almost 391,000 jobs.'' EmploymentCrossing is a job aggregator site.
The reason EmploymentCrossing has been able to list so many jobs is that the company keeps researching not just job boards but employer sites as well for any openings and has aggregated them in a single database.
The sectors, per the EmploymentCrossing job collection, with high numbers of new openings this week are: healthcare (120,135), engineering (20,783), managerial (58,157), sales (43,354), and information technology (35,539).
About EmploymentCrossing:
EmploymentCrossing is one of the most powerful and comprehensive organizations dedicated to helping professionals find jobs that will enhance their careers. EmploymentCrossing consists of hundreds of industry-specific and location-specific job boards which consolidates every job opening it can find in one convenient location. The website also offers a seventy two-hour free trial to new members.
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If you go through industry reports thoroughly there are certain things in the current recession that do not match up. While joblessness continues to grow and the earning situation of the average American employee remains unstable, certain businesses continue to show record profits across sectors throughout the recession. While the reasons may vary ...
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.
To compare EmploymentCrossing with other job sites
Reason 20: EmploymentCrossing emails you daily with new jobs that match your criteria. You don't even have to leave your desk, and the jobs will come to you.
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.
