on jobs bad news is bad the good news is bad too
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

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

Arab Today, arab today

Arab Today, arab today 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.

arabstoday
arabstoday

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 23:17 2016 Wednesday ,23 November

Egyptian women's football team defeats Zimbabwe 1-0

GMT 02:33 2017 Tuesday ,26 September

US will go to Pyeongchang, confident in security, safety

GMT 17:39 2016 Sunday ,16 October

Wrong intel ‘led to Sanaa strike’

GMT 08:24 2016 Thursday ,31 March

Argentine Senate to vote

GMT 05:12 2017 Wednesday ,22 March

EU deplores ‘surreal’ stand by US on world trade

GMT 10:22 2017 Wednesday ,18 October

Britain's MI5 says running over 500 terror probes

GMT 14:36 2017 Saturday ,19 August

Queen of Soul Aretha Franklin moving back

GMT 19:33 2016 Wednesday ,10 August

BMW Korea to Recall Nearly 12,000 Cars in South Korea

GMT 21:52 2017 Thursday ,27 July

Sara Malocco PR handles Giovanni Raspini

GMT 13:48 2017 Sunday ,15 October

Bahrain to host eCommerce Forum/Exhibition 2017

GMT 18:50 2017 Monday ,01 May

Ukraine clings to nuclear power

GMT 14:45 2017 Tuesday ,28 November

Kids the bait in football shark pool
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday