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NYSA Home Page   CareerBuilder for NYSA   Chapters   Members   Resource Center    March 29, 2011
 
NYSA Staffing Industry Update
 
 
Hiring changes in strained employment market
Green Bay Press-Gazette    Share   Share on FacebookTwitterShare on LinkedinE-mail
article
The recession has changed the way businesses approach just about everything, and the way they hire employees hasn't escaped the overhaul. Applying for jobs in today's crippled economy is a finely honed skill that requires research, learning the steps to a delicate dance with corporations and, most of all, dogged determination, experts said. More



State unemployment benefits in the crosshairs
CNN Money    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The jobless soon may find their state unemployment check is not in the mail. A growing number of states are looking to cut back on jobless benefits to minimize the increase in unemployment taxes businesses pay. State officials are concerned these tax hikes could deter companies from hiring. More

Employment in region improving meagerly
Buffalo News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Buffalo Niagara job market is getting better, but the rebound doesn't have much bounce to it. The Buffalo Niagara region added jobs for the sixth straight month during February, extending the slow rebound in employment following the Great Recession. The region has gained 1,500 jobs over the last year — an 0.3 percent increase — as a pickup in hiring by private-sector employers offset cutbacks in government jobs, the state Labor Department reported. More

Consumer spending in US probably accelerated as job market improved
Bloomberg News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Consumer spending in the U.S. probably accelerated in February as the labor market improved, helping to bolster the expansion, economists said in a recent report. The U.S. added jobs for the sixth consecutive month in February and the unemployment rate fell to the lowest level since April 2009, generating the income gains needed to cushion Americans from higher food and fuel prices. Spending is contributing more to the recovery, which Federal Reserve policymakers say is on a "firmer footing." More



Is the American jobs machine still working?
Seeking Alpha    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Census Bureau recently said that 403,765 new firms were started in the 12 months ended March 2009, down 17.3 percent from a year earlier and the fewest on records that begin in 1977. New businesses are an important source of new jobs — without them, there would be no job growth at all. Indeed, the new Census data show that one of the reasons that the job market declines were so severe in the recession was the dearth of startups. Firms less than a year old employed 2.3 million people in March 2009 whereas as a year earlier startups employed 3 million people. More

Why higher unemployment might not be a bad thing
U.S. News & World Report    Share    Share on FacebookTwitterShare on LinkedinE-mail article
While still painfully high, unemployment has been creeping down gradually since November of last year, igniting hopes of a more robust economic recovery. February's national unemployment rate dipped to 8.9 percent (the lowest in 22 months), and employers added more than 190,000 jobs, the Bureau of Labor Statistics reported. However, despite more positive economic indicators and projections that the U.S. economy could grow by more than 2 percent in 2011, some economists say we could see a rise in unemployment — and it might not be a bad thing. More

Lower jobless rate fails to reflect reality
The Columbian    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Look beyond the artificially low February unemployment numbers and the usual picture emerges of an economy bouncing along the bottom, with only faint hints of recovery. But managers in Vancouver, Canada, employment agencies offer anecdotal evidence of springtime flowering of temporary work, at least for persistent job seekers. Economists look for a rise in temporary employment as a signal that employers may soon add permanent jobs. More

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The 5 C's of finding a funder
Sterling National Bank    Share    Share on FacebookTwitterShare on LinkedinE-mail article
With $1.2 trillion in loans extended by U.S. commercial banks and another $480 billion from U.S. commercial finance companies, a mid-sized business owner who is in the market for financing certainly has a myriad of choices. There are commercial banks, savings banks, credit unions, finance companies and private investors — all who might be interested in helping you finance your business. More

Ahead of the bell: Unemployment benefits
Bloomberg Businessweek    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Fewer people likely have applied for unemployment benefits within the last week, a sign that hiring may be picking up. Economists forecast that applications for unemployment benefits dropped by 2,000 to 383,000 in the week that ended March 19. That would be the fourth decline in five weeks. Applications need to fall consistently to about 375,000 or below to indicate a sustained increase in hiring. More
   
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