Saturday, March 5, 2011

The Economy: Jobs Growth /Decline

jobs growth in newspaers
While looking at jobs advertisement in different newspapers it is concluded that oppertunities are
is well and truly dead insofar as job advertising and associated classified ads are concerned.wheras
online world  and others on the net looks good: they dominate job ads in this country and for the past two months, their growth has driven the growth in job advertising, more than offsetting falls in ads in newspapers
he loss of revenue from job ads to the net isn't a new story, what is new is that in the current state of the economy, employers are overwhelmingly choosing to put their everyday job ads with internet providers and ignoring newspapers, or at best giving them the top of the line managerial jobs, or their recruiters are.
That tells us something about the future of newspapers in the jobs market, doesn't it? It's not going to be happy now a days.  

The ANZ job ads reports for June showed that the total number of job ads placed in major metropolitan newspapers and on the internet rose 2.7% in June to an average of 169,690 a week.The recent decline in Australian business confidence and subdued activity in interest-rate sensitive, labour-intensive sectors of the economy, such as retailing, may also be constraining demand for new labour.this is estimated that jobs/
the unemployment rate could ease to below 6% .during first quarter of 2011.
A different result in an online job survey was found by the Advantage Job Index in June. It showed a rise of just 0.14%, after the solid 5.47% rise in May. It is clear evidence that rise in inflation for the 8th month in a row, up 0.3% for June and 3.6% for the 12 months.
The RBA has an inflation target of 2% to 3% over time in 2011.
according to a servey conducted
The number of people on emergency unemployment benefits dropped 32,094 to 3.65 million in the week ended February 12, the latest week for which data is available. A total of 9.24 million people were claiming unemployment benefits during that period under all programs.
The number of people still receiving benefits under regular state programs after an initial week of aid fell 59,000 to 3.77 million in the week ended February 19.A Labor Department official said there was nothing unusual in the state level data, adding that no states were estimated.According to RUTERS surveys conducted last week, claims data falls outside the survey period for the government's closely watched employment report for February due for release on Friday. Nonfarm payrolls probably increased 185,000 after snowstorms depressed growth to a paltry 36,000 jobs in January.The four-week moving average of unemployment claims -- a better measure of underlying trends - dropped 12,750 to 388,500 last week, the lowest since July 2008. which is alarming

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