Monday, September 27, 2010

The Worst is Behind Us, Not Ahead!

Chart of the Week

















Gallup.com, in its online article Recession or Not, U.S. Job Market Woes Persist, published on September 22, stated that the Great Recession may be over but the job market doesn't reflect "Happy Days Are Hear Again."

Although the unemployment rate is down almost 1.5% since its highs in February 2010, it still is too high on any measure.

BUT... the good news is:

1) the worst is behind us, not ahead.  That means, if you've been looking for that next opportunity, time is on your side.
2) executives hiring, although not robust, is happening.  Many of my clients are finding oppportunties and landing.
3) unemployment is the difference between created jobs and discontinued jobs.  That means there are jobs opening up all the time. 
4) summer is always changable in its hiring/layoffs.  Don't look at the past -- it does no good -- but know that unemployment is a lagging indicator with respect to job hiring.

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