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05 May 2006
Government Reports No Big Ups or Downs in Job Market
The Bureau of Labor Statistics reports that the unemployment rate was
unchanged, at 4.7%, in April. Nonfarm payroll employment increased by 138,000
jobs, which was less than the 200,000 new jobs expected. Industries with job
gains during April included financial activities, health care, and
manufacturing.
So what does this mean to you? Well, if you happen to be job searching, the news
really isn't bad, though it may appear that way at first glance. Job seekers
need not become overly concerned with small fluctuations in the big economic
picture. More devastating to your job search is to let pessimism get an upper
hand. This can put a drag on your job search efforts and seep into your demeanor
in front of interviewers.
Keeping positive in your outlook will, statistically speaking, generate much
more activity than yielding to every economic shiver. back
to May blog
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