Monday, June 25, 2012

Still an uphill battle for job seekers

Sent to you by Steve Sherlock via Google Reader:

via Economic Policy Institute - Feed by Heidi Shierholz on 6/19/12

The April Job Openings and Labor Turnover Survey (JOLTS), released today by the Bureau of Labor Statistics, underscores the sluggishness of the recovery, showing that job openings declined by 325,000 in April. Given April's drop in unemployment of 173,000 (unemployment data are from the Current Population Survey and can be found here), this means that the "job-seekers ratio"—the ratio of unemployed workers to job openings—increased by three tenths, to 3.7-to-1.

MORE: Sort through updated graphs using data from today's report
Despite this increase, the ratio has been slowly but steadily improving since its peak of 6.7-to-1 in summer 2009, and it is likely that April's increase represents month-to-month variability in the data rather than a reversal of that overall trend. However, the odds are still stacked strongly against job seekers; a job-seekers ratio above 3-to-1 means that for more than two out of three unemployed workers, there simply are no jobs.

The JOLTS data are particularly useful for diagnosing the cause of today's persistent high unemployment. The figure below shows the number of unemployed and the number of job openings by sector. Unemployed workers far outnumber job openings in every sector. This underscores that by far the main cause of today's persistent high unemployment is a broad-based lack of demand for workers—and not, as is often claimed, available workers lacking the skills needed for the sectors with job openings.

Unsurprisingly, given the drop in job openings, hires also declined in April, by 160,000. Looking at the data over time, however, hires nevertheless are on a slow upward climb, up 13.5 percent since the official start of the recovery in June 2009. But hiring still has a long way to go before it returns to healthy levels. For example, hiring is still 19.6 percent below its 2007 average.
Voluntary quits decreased by 89,000 in April (lower levels of voluntary quits are not good news, since they signal that workers are less confident about outside job opportunities). However, voluntary quits are also on a general upward climb, having increased 18.3 percent since June 2009. But they too have a long way to go; voluntary quits are still 28.2 percent below their 2007 average.

Layoffs also increased slightly in April, by 68,000. Despite April's increase, the number of layoffs remains at a "normal" level; in fact, it is still below the 2007 average. While the consequences of being laid off are much more severe now due to limited job availability, the likelihood of being laid off is no greater now than before the Great Recession started.
With research assistance from Nicholas Finio and Hilary Wething

Things you can do from here:

Friday, June 1, 2012

Hopkinton Networking Group: "Elevator Speech: How to Get to the Next Level"

Hello Everyone,
The agenda for this Friday's Hopkinton Networkers Group (HNG) meeting will be featured by our speaker, Anne Crawford. The facilitator for this week will be Vincent Rocheleau. We will devote the first hour, from 10 to 11 AM to the following agenda: Welcome, Landings, Announcements, New Member Intros, and Needs & Leads. Please arrive early, so we can make every effort to start on time. In the second hour, Anne will talk about "Elevator Speech: How to Get to the Next Level."

Elevator Speech: How to Get to the Next Level

This workshop will cover the three essential steps to help you form a precise "Elevator Speech". Anne will discuss your own personal strengths and help you compile a 30 second introduction that does not sound like a machine talking, but actually reflects who you are and hooks them in the process. Be prepared to bring paper, pen, and an open mind. Remember: The key to your success is in yourself. Anne is just trained to bring it out.

About Anne Crawford:

Anne Crawford is a certified life coach specializing in career transitions. She has run workshops for over 5 years, helping men and women recognize their strengths, find clarity in their visions and achieve manageable goals. She is an expert in understanding human behaviors, what drives our emotions, and what is holding her clients back from the life and careers they deserve. Anne has been published in magazines, newspapers, and loves group and individual one on one coaching. She has spoken at many events and assists Bill Lippincott with the Employment Support group of Norton, MA.

Recap of HNG Meeting of May 18, 2012:

Our 76th meeting of HNG had 14 people, this is seventeen less than the previous meeting, and five signed the New Member list. Barbara McKee was our facilitator. There were four introduction speeches.

We had an impromptu interview workshop because our speaker, Joellyn Schwerdlin, had to cancel because of a personal issue.

Schedule for HNG Meetings:

June 15, 2012 William Lam "Working a Job Fair"
July 6, 2012 Jen Vondenbrink "LinkedIn"
July 20, 2012 Panel Discussion with Heather Cole and Hari Narayanan
August 3, 2012 Patricia Hunt Sinacole "A Practical Guide to Landing a Job in Today's Employment Market"
August 17, 2012 TBD
September 7, 2012 TBD
September 21, 2012 Dorian Mintzer "Here Come the Boomers: New Possibilities for Positive, Creative and
Successful Aging"

General Information:

The networking group meets in Hopkinton, at St. John the Evangelist Church parish hall. The meeting occurs, from 10 to 12 noon, and will meet the first and third Friday of the month. The parish hall has a capacity for 250 people and there is plenty of parking spaces in the parking lot and on the street. Around the perimeter of the parish hall are rooms to allow us to have focused network groups or for any other purpose we need. We chose the first and third Friday to allow everyone to attend the Acton Networking Group or any other networking group, if they wanted, on the Friday we do not meet.

We will maintain our close affiliation with Acton Networkers by using the same list-server to share information between the groups. Any e-mails specific to the Hopkinton Networking Group (HNG) will be indicated in the subject line either by "Hopkinton Networking Group" or "HNG"; this way anyone attending these meetings will know the e-mail is intended for them.

We will follow the following agenda items:
* Welcome
* Landings (with doughnuts)
* Announcements
* New member introductions
* Needs and Leads
* Speaker(s), Workshop, or Focus Group
* Cleanup

For those new members who give their introductions, this is what we would like to know:
* Name
* Skills and Value Statement
* Where have you been?
* Where are you going?
* Your title
* Your target companies
* Geography of search
* Name and e-mail address

If anyone wants to join our team, please let one of us know; we could always use the extra help and input for ideas.

Take Rt. 495 North/South and get off Exit 21A. Go through three traffic lights. Colella's Supermarket is on the right at the third traffic light. The first street after the third traffic light is Church Street, take a right turn. The church is on the right. Go around to the left of the parking lot and go into the side entrance of the parish hall.

Depending upon where you live, perhaps you may want to use Mapquest for a more direct route. The address of the church is:
St. John the Evangelist
20 Church Street
Hopkinton, MA 01748

Hopkinton Networkers Group (HNG) Coordinators:
Sandra Cipriani
Gil Krispien
Barbara McKee
Vincent Rocheleau
Ralph Sabatino
Salpi Sarafian