The latest jobless claims report, which continues to vividly display the weak job market,
barely mentioned in many media outlets.
Perhaps like many other subjects that get a lot of coverage over an extended period of time,
the media are tiring of reporting the bad labor news.
The news, from the U.S. Department of Labor, was that initial jobless claims last week
held steady from the previous week -- at 384,000. The more widely examined number,
the four-week average of first-time claims, was at 378,250 -- the highest level since
October 2005.
Most experts note that whenever the jobless claims number is above 350,000 that it is a sign
of a very weak job market -- something we all probably know.
We also seem to be back to the almost daily reports of companies announcing layoffs and job cuts.
If you do become downsized (or rightsized or just plain fired), please read our article,
Getting Fired: An Opportunity for Change and Growth.
If you're still working, protect yourself by showing your commitment to your employer and
doing all you can to protect your job. Read more in our article,
Seven Strategies to Recession-Proof
Your Career: Build Your Future Regardless of Health of the Economy.
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