press release
NBER says that recession over even as 15 million Americans remain jobless; EmploymentCrossing finds 180,000 jobs.
September 23, 2010 | 
PDF version
The institute is correct in its assessment of the economy because the country recorded a growth of 1.6 percent in the second quarter this year. But the unemployment is still at 9.6 percent, which means 15 million Americans are unemployed. This figure excludes 1.1 million discouraged workers who are not counted in the usual unemployment figures.
Most of the media outlets carrying this report have called the recovery a jobless recovery, with older workers having the hardest time finding a job. Also hard-hit are people without a college degree and those who do not even have a high school diploma. There were 43.6 million people in poverty last year according to the Census Bureau.
CEO A. Harrison Barnes of EmploymentCrossing says he partially agrees with the economists and journalists who are calling this a jobless recovery. ''Yes, there aren’t as many jobs as we would like, but its not a completely jobless recovery. Lot of people have given up, they are what economists calls discouraged workers, while we have been able to find over 180,000 jobs in just the last seven days.'' Barnes is referring to the fact that his company, EmploymentCrossing, which is a job aggregator website, has been able to find thousands of jobs across the country and in every industry listed on employer websites everyday.
Contact:
Roger Croft
Editorial Coordinator
Employment Research Institute
626-243-1814
rogerc@employmentresearchinstitute.com
About EmploymentCrossing:
EmploymentCrossing is part of the Employment Research Institute, which is one of the most powerful and comprehensive organizations dedicated to helping professionals find jobs that will enhance their careers. Employment Research Institute 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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- Jeremy E Greenville, NC
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Only EmploymentCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.
- We have more jobs than any other job board.
- We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
- We collect jobs from more than 4,429,376 websites and post them on our site.
- We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.
