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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.

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