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US Job Openings and Labor Turnover in October 2010

added: 10-12-2010

There were 3.4 million job openings on the last business day of October, the U.S. Bureau of Labor Statistics reported. The job openings rate increased over the month to 2.5 percent. The hires rate remained at 3.2 percent in October, while the separations rate was essentially unchanged at 3.1 percent. This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector by industry and geographic region.

Finance Professionals Consider Economic Recovery Unsuccessful

added: 10-12-2010

As a result of limited signs of an economic recovery coupled with continued unemployment, dissatisfaction remains prominent across the United States, especially in the financial services industry. According to a recent OneWire survey, 77% of finance professionals think the economic recovery has been largely unsuccessful and 51% believe that the recovery has had no positive impact on any aspect of their lives.

US Metropolitan Area Employment and Unemployment in October 2010

added: 10-12-2010

Unemployment rates were lower in October than a year earlier in 235 of the 372 metropolitan areas, higher in 121 areas, and unchanged in 16 areas, the U.S. Bureau of Labor Statistics reported. Ten areas recorded jobless rates of at least 15.0 percent, while 12 areas registered rates of less than 5.0 percent. The national unemployment rate in October was 9.0 percent, not seasonally adjusted, compared with 9.5 percent a year earlier. One hundred eighty-two metropolitan areas reported over-the-year increases in nonfarm payroll employment, 178 reported decreases, and 12 had no change.

U.S. Homes Set to Lose $1.7 Trillion in Value During 2010

added: 10-12-2010

U.S. homes are expected to lose more than $1.7 trillion in value during 2010, which is 63 percent more than the $1 trillion lost in 2009, according to analysis of recent Zillow Real Estate Market Reports.

CFOs More Optimistic About Hiring

added: 10-12-2010

Financial executives at U.S. companies expressed more optimism that their businesses will hire employees and see revenue growth in 2011, according to a recent Bank of America Merrill Lynch survey.

Gallup and Healthways Release November 2010 U.S. Well-Being Report

added: 10-12-2010

For the first time since reporting began in January 2008, the Gallup-Healthways Well-Being Index™ (WBI) Composite Score showed no monthly change. November stayed at the 66.5 level posted in October and neither of those scores was significantly above September’s 66.4, the lowest point of this year.

Business Owners Show First Real Signs of Improved Optimism Since April 2009

added: 09-12-2010

Business owner optimism is increasing, according to the most recent Wells Fargo/Gallup Small Business Index survey conducted November 4-10. Survey results show improved outlook for business owners over the next 12 months in revenues, cash flow and capital spending.

Great Recession to Leave Indelible Mark on U.S. Workforce

added: 09-12-2010

Fundamental changes in the American workforce are taking place, and they hold tremendous implications for employers and employees alike. According to an Annual Workforce Trends Study commissioned by Yoh, 80 percent of employers expect the size of their non-employee workforce (defined as consultants, independent contractors, temporary employees, and project teams) to stay the same or increase within the next year, even as the economy regains its footing.

Retirement Readiness Varies in America’s 30 Largest Metropolitan Areas

added: 09-12-2010

Survey findings released by Ameriprise Financial suggest that where you live may influence your readiness to retire. The New Retirement Mindscape® 2010 City Pulse index examined the 30 largest U.S. metropolitan areas to determine where consumers are the most prepared for and confident about retirement. Minneapolis-St. Paul claimed the top spot on the retirement readiness index, followed by Raleigh-Durham (#2) and Nashville (#3); Los Angeles (#30) ranked last with Indianapolis (#29) and Orlando (#28) rounding out the bottom three.

US Economic Growth Continues in 2011

added: 09-12-2010

Economic growth in the United States will continue in 2011, say the nation’s purchasing and supply management executives in their December 2010 Semiannual Economic Forecast. Expectations are for a continuation of the economic recovery that began in mid-2009. The manufacturing sector continues to outpace the non-manufacturing sector and has greater expectations for growth in terms of revenue, say the nation’s purchasing and supply management executives in their December 2010 Semiannual Economic Forecast.

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