on jobs bad news is bad the good news is bad too
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

On jobs, bad news is bad. The good news is bad, too

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice On jobs, bad news is bad. The good news is bad, too

Washington - Arabstoday

For the second month in a row, weak job growth numbers unsettled nerves in the White House and on Wall Street. It's obvious why the number of jobs added to the economy in April was disappointing. Employment grew by just 115,000. That followed a disappointing job gain in March. Together, the March and April average was only about half the 250,000 jobs added monthly in December, January and February. Again, economists suggested the warm winter weather might have boosted job growth during the winter months, which left fewer jobs to be added in the spring. However, at first glance there appeared to be a silver lining in April's numbers: The unemployment rate inched down again to 8.1 percent."For the last couple of months we have a situation where the unemployment rate is still declining, but that's because people are leaving the workforce," says Gary Burtless, a labor economist at the Brookings Institution. He says it's usually good news when the unemployment rate drops, because lots of people are getting hired, but that wasn't the case in April. Some people might have left the workforce because they reached retirement age, and it's possible they weren't replaced by young people, who may have decided to stay in school because the job market is still dice Yet there's no doubt many people left the workforce because they're discouraged. After months of looking, they still couldn't find a job. Kate Riley, a former health spa manager from the San Francisco Bay area, is one of them. "I was sending out anywhere between 5 and 10 resumes weekly; was getting ignored for probably half of them, but the half that did respond the comments were very complimentary for my expertise and my experience and they did want to talk to me," she says. In some cases Riley even went through half a dozen interviews with a potential employer. But after more than a year of looking in the spa industry, Riley, who's 61 years old, never got a job offer. "Someone else was getting chosen because they fit the culture better and I recently realized that that was code for I'm older and it doesn't fit the image that they want to project," she says. Last week Riley decided to stop looking. "It was somewhat humiliating and very depressing," she says. "It was a shock to realize this isn't working, because I tend to push on and push through and last week when I just decided to stop, it was an emotional change for me." So, after a long successful career, Riley, like a lot of people in today's job market, is going to have to find a new path.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

on jobs bad news is bad the good news is bad too on jobs bad news is bad the good news is bad too

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

on jobs bad news is bad the good news is bad too on jobs bad news is bad the good news is bad too

 



GMT 09:58 2016 Wednesday ,23 March

cartoon four

GMT 10:16 2016 Wednesday ,23 March

cartoon five

GMT 09:24 2018 Wednesday ,17 January

Iran should listen to demands

GMT 08:24 2015 Tuesday ,14 April

Simeone puts faith in Oblak

GMT 04:42 2015 Saturday ,17 January

Ali out of hospital in time for 73rd birthday

GMT 12:15 2012 Friday ,16 November

Climate-related migrationlo

GMT 12:16 2013 Monday ,06 May

Sir Bu Nair Festival to start on May 17

GMT 05:17 2017 Tuesday ,07 February

Tunisian singer Latifa gives priority to singing

GMT 02:43 2014 Wednesday ,10 September

'Destiny' video game soars at launch

GMT 19:56 2011 Thursday ,28 July

Abu Dhabi rents cool on supply

GMT 21:55 2017 Friday ,13 January

Leonard scores 31 as Spurs thrash slumping Lakers

GMT 23:46 2016 Tuesday ,29 November

2 Lufthansa flights cancelled over pilots strike

GMT 13:40 2013 Wednesday ,06 November

Versace to provide wardrobe for Real Madrid
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice