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Staying Positive Is Key As Job Market Heats Up In July

By FINS.com , Posted Aug 5th 2011 @ 9:48AM

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By Jeremy Greenfield and Kyle Stock, Special to AOL Jobs

As heat waves blazed through the nation in July, the job economy warmed up a bit too, adding 117,000 non-farm jobs and bringing the unemployment rate down to 9.1%, according to the Bureau of Labor Statistics. It was more than economists expected.

The private sector alone added 154,000 jobs and unemployment ticked down from 9.2% in June. Economists had forecast a gain of 75,000 jobs and no change in the jobless rate.

"This is a reassuring number," said Troy Davig, senior U.S. economist at Barclays Capital. "It doesn't change the broad contours and the broader trends that are out there. Things are still a bit sluggish." Economic growth remains uncertain as the U.S. and Europe grapple with high debt and declining stock markets.

For job seekers, this means that the struggle to find new work will continue. The path to getting back into the workforce remains the same: Take on temporary work, acquire new skills and find work in industries and geographic areas that are booming.

The Intersect Group, an Atlanta-based staffing firm focused on tech and finance roles, has seen strong demand all year through July. The firm's clients, which include Fortune 500 companies in 16 states, have been aggressively hiring full-time and temporary workers.

"I don't know if 'nervous' is the right word; I think maybe 'cautious' is," said Intersect Partner Keith Ordan of his clients' attitudes toward hiring and the economy. "They don't think the world is coming to the end."

Intersect Group has about 300 workers in the field on contract positions that have the potential to become full-time jobs. Many of those candidates were recently unemployed and their new-found employers are taking the opportunity to "try before they buy," according to Ordan.

Workers who have experience in a slow sector of the economy would do well to transfer to a hotter area, according to Davig.

"If you're a lesser-skilled worker, you need to retool or retrain or it's going to be a long wait," he said.

John Challenger, CEO of Chicago-based outplacement firm Challenger, Gray & Christmas, is advising job-seekers to emphasize any international experience or foreign language fluency that they may have.

"I keep getting asked, 'why are companies cutting jobs if they have record profits?'" he said. "Companies may cut in one area and may grow in another. International markets give them a big opportunity."

Whether it's taking on temporary work, finding a new, valuable skill or going to where the jobs are, it's important for job seekers not to let negative economic news discourage them in their search.

"A positive mindset will get you far, especially in a job search," said Mike Ramer, president of Ramer Search Consultants, an executive search firm in Livingston, N.J.

Ramer advises job seekers to stay upbeat by studying job-search tips, networking actively and attending industry focus groups and conferences. "That proactive style will fuel positivity," he said.

Though hiring in the economy has maintained a sluggish pace through spring and summer, there is considerable churn in the job market, and millions of people are hired for new jobs every month.

There were nearly 3 million job openings nationwide in May and just over 4 million new hires, according to the most recent BLS data.

"As a job seeker, you have to keep your momentum," Challenger said. "You have to be fighting to get your foot back in the door, get resettled in another job. You have to cast your net as widely as you can."

Next: Job Hunters, Is It Time for a Career Plan B?



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Angel

Keeping it Honest: The new ECONOMIC reality, What’s Jobs got to do with it? “When the Stock Market zigs and zags its way to a 12 percent loss during the past three weeks, wiping out $2.5 trillion in wealth”, it was clearly sending a message. But what, exactly, has the market been telling us? The most obvious conclusion is that it has absolutely nothing to do with creating American jobs! If market was truly concerned about the inability of the U.S. government to deal with its budget, there should have been a spike in interest rates as bond investors became more nervous about the continued flood of government debt and the increase risk that they may not get their money back. But the Wall Street Market has become nothing more than a Las Vegas casino game of winning financial profits based upon paper shuffles that is not based upon actual productivity or company growth to create new jobs to produce something!
Therefore, the New economic and political reality is The BIG DISCONNECT! As the drama of the past few weeks has affirmed, while the national news and political pundits report that the major parties differ on how to cut the debt, it is almost impossible to find any politician on either side that is willing to endorse a big push in public investment and continued high deficits to create jobs in America. It doesn’t matter that interest rates is so low make it a superb time for the government to borrow or the fact that the bond market has made clear that it doesn’t think we’re Greece! However, the new ECONOMIC reality is the Stock Market has nothing to do with job creation! No one in Washington seems to listen.

August 15 2011 at 11:43 AM Report abuse rate up rate down Reply
americandoo

"TIME FOR BIG INVESTORS TO STEP UP TO THE PLATE LEAD AMERICA BY
INVESTING IN AMERICA" "WHEN YOU INVEST IN AMERICA YOU INVEST IN YOUR CHILDREN'S
FUTURE"

"INVEST IN A LARGE PROJECT THAT WILL MAKE A DIFFERENCE FOR THE FUTURE"
Similar to this idea; In past history when the USA needed a Moral Boost to our
Country we built such things as; The Largest Bridges, Dams, Statue Of Liberty,
Worlds Largest Futuristic Fair, Landed on the Moon etc.

It is overdue for us and time for us to build the Largest & Best Futuristic
CITY IN THE WORLD, using ALL OF OUR CUTTING EDGE TECHNOLOGY­.

Countries CUTTING EDGE TECHNOLOGY and BEYOND ALL OTHERS ! !

Find a location in the USA somewhere that has the space for our "FUTURE CITY
PROJECT"

Where Our Future City will Utilize all of the Newest and Cutting edge combined
technology in the world to build our City using entirely GREEN energy with ZERO
POLLUTION ! ! !

Our City Could Have A NEW VERSION OF THE STATUE OF LIBERTY, Holding
the torch in one hand and our GREEN PLANET EARTH in her other hand, her head
raised high looking Up at the sky.

This would make a GREAT FILM based
on a True Story with the help of A TEAM OF BIG MONEY INVESTORS ! ! !

Use your Imaginatio­n think how; GREAT THIS WOULD BE FOR AMERICA & OUR
ECONOMY ! ! ! !

"DREAM BIG...DO BIG"

Thank You, Respectful­ly, Michael V. Caldwell

August 05 2011 at 12:22 PM Report abuse -1 rate up rate down Reply
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