Unemployment Rate Continues to Rise
The Bureau of Labor Statistics (BLS) issued its monthly report this morning on the state of unemployment – and the findings are not positive. U.S. unemployment rose to 9.8 percent in September, up 0.1 percentage points from August. This means that a total of 15.1 million persons were unemployed in September, twice the number at the start of the recession.
Some of the results captured by Business Journal from the BLS report include:
- In September, notable job losses occurred in construction, manufacturing, government, and retail trade. Construction employment decreased by 64,000 in September.
- Job losses averaged 66,000 per month from May through September, compared with an average of 117,000 per month from November 2008 through April.
- The average monthly job gain thus far in 2009 is 22,000, compared with an average monthly gain of 30,000 during 2008.
If you are unemployed and looking for work or a fresh perspective on your career, follow Glassdoor’s Clearview Collection, a panel of career and workplace experts who offer daily advice and tips (Monday – Friday) to help you get the most out of your interview and job. Below are a few recent contributions from the Clearview team: