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- Healthcare Jobs(342,151)
- Blue-collar Jobs(272,661)
- Managerial Jobs(204,989)
- Retail Jobs(174,607)
- Sales Jobs(161,029)
- Nursing Jobs(142,882)
- Information Technology Jobs(128,503)
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By EmploymentCrossing.com
Unemployment Claims Rise
By EmploymentCrossing.com
Reaching the highest mark in four months, new unemployment claims increased by 34,000 for the week.
The Labor Department reports the 406,000 new claims for the week further illustrate a poor labor market.
With the national unemployment rate at 5.5%, US joblessness has become a major concern.
In 2001, weekly unemployment claims averaged 415,000. Any figure above 350,000 indicates a weak job market and shows poor growth in the economy. The Labor Department projects the unemployment rate will reach 5.8% by the end of the year.
Employers are looking to cut their labor costs as they are threatened by the Big Three: fuel costs, a slump in the housing market, and a national credit crisis.
Consumers have been cutting back on spending, which continues the trend as retail represents two-thirds of the economy.
Thirty-seven states reported increases in new unemployment filings. The report also found the number of continuing unemployment claims actually dropped by 9,000 to 3.1 million.
For more information on retail jobs in your area, click here.
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