Posts Tagged job
Which Companies Are Hiring for the Holidays
Posted by Oksana Grebenjuk in Budget, Favourites on Октябрь 21st, 2010
According to a new projection from Challenger, Gray & Christmas, retailers will hire between 500,000 and 600,000 workers for the holidays. (Last year, 501,400 were hired.) If you expect to nab one of those seasonal slots, now is the time to act.
Start now: Almost every employer I spoke with said they will begin interviewing in early to mid-October to make sure their seasonal staff is in place when they need them. Don’t wait until Thanksgiving to pound the pavement. Now is your time.
Be flexible: You’ll have more options on scheduling the earlier you apply, but flexibility on day, evening, overnight and weekend shifts will give you access to the most opportunity. Be clear on which days and times you’re available.
Juggle Jobs, or Work from Home
Apply in person (where applicable): Apply in person where applicable. This may mean a paper application or a kiosk, depending on the company. Dress the part and chat up the manager, too, so you can put a face to your resume. If it’s retail, visit the store and get to know the merchandise before applying. Ask if and when you can call on the status of your application so you’re not in the dark. Read the rest of this entry »
Fed holds key for stocks to break range
Posted by Oksana Grebenjuk in Fund Markets on Сентябрь 20th, 2010
If the Federal Reserve’s view of the economy brightens by just a glimmer this week, it could push the stock market above its four-month trading range.
The S&P 500 closed the week at the higher end of that range, just below 1,130. Some chartists see a break above it as presaging a test of the year’s highs.
But options trading suggests some see 1,130 as the market’s ceiling and are protecting their portfolios against a decline.
Other investors see the Federal Open Market Committee policy meeting on Tuesday as the turning point that stocks have been searching for to break out of the range with conviction.
«Going up to the close on Tuesday, we could see a little bit of enthusiasm, and perhaps it could be the catalyst that could push us above 1,130 on the S&P,» said Brian Jacobsen, chief portfolio strategist at Wells Fargo Funds Management in Menomonee Falls, Wisconsin.
In late August, Fed Chairman Ben Bernanke said he would need to see a significant deterioration in economic conditions before easing monetary conditions further. Recent data, including a stronger-than-expected reading on private-sector jobs growth, could prevent further action from the Fed. Read the rest of this entry »
IMF warns of global economic slowdown
Posted by Oksana Grebenjuk in Trading Markets on Сентябрь 13th, 2010
The International Monetary Fund (IMF) has issued a warning that global economic growth is likely to slow towards the end of 2010, largely due to continued weakness in the financial sector and a confidence crisis in some individual nations.
The Fund recommends that the most developed countries to reduce their budget deficits and increase export volumes in order to alleviate the problem. IMF also suggested that the Asian and emerging markets concentrate more on stimulating internal demand and less on export growth.
The faltering housing market in the U.S. — the source of the global crisis — as well as the fragile sovereign debt market in Europe were highlighted as key issues to be tackled.
In tandem with The International Labour Organization (ILO), the IMF is hosting a joint conference in Oslo, Norway this week to find new ways to create jobs and sustain the economic recovery.
In a published interview ahead of the conference, IMF’s chief economist Olivier Blanchard on a number of topics the Oslo confab will discuss.
«We want to make unemployment, and the costs of unemployment, more prominent in current policy discussions,» he asserted, citing that about 34-million people worldwide have lost their jobs during the crisis. Read the rest of this entry »
Consumer Spending in U.S. Rises More Than Forecast
Posted by Oksana Grebenjuk in Favourites, Trading Markets on Август 30th, 2010
Consumer spending in the U.S. rose more than forecast in July, exceeding gains in incomes, a sign the improvement will not last without more jobs.
Purchases rose 0.4 percent, the most since March, after little change the prior month, Commerce Department figures showed today in Washington. Incomes climbed 0.2 percent, less than projected, and the savings rate dropped.
Disposable incomes, or the money left over after taxes, dropped for the first time since January after adjusting for inflation, showing the lack of jobs is hurting Americans’ spending power. Companies from Intel Corp. to J. Crew Group Inc. are cutting forecasts as unemployment and flagging confidence prompt households to scale back.
“This, so far, is allaying near-term double-dip concerns,” said Derek Holt, an economist at Scotia Capital Inc. in Toronto, referring to fears the world’s largest economy will tip back into a recession. “It nonetheless showcases very lackluster growth in the U.S. economy.”
Stock-index futures fell after the report, extending earlier losses, and Treasury securities rose. The contract of the Standard & Poor’s 500 Index was fell 0.3 percent to 1,060.3 at 8:54 a.m. in New York. The yield on the benchmark 10-year Treasury note dropped to 2.60 percent from 2.65 percent late on Aug. 27. Read the rest of this entry »
Jobs: Will a May Surge Be Followed by a June Slump?
Posted by Oksana Grebenjuk in Budget on Июнь 2nd, 2010
With Census hiring peaking in May, Action Economics expects a gain of 480,000 U.S. jobs. But a fall-off in Census jobs could lead to a payrolls decline in June.
Action Economics expects U.S. nonfarm payrolls to surge by 480,000 in the government’s May employment report, scheduled for release on June 4, with a hefty boost of 420,000 from Census hiring and a 400,000 rise for government payrolls, alongside an 80,000 rise in private payrolls—the fifth straight monthly increase—that would come in below the surprisingly large 231,000 increase in April and the 174,000 gain in March.
We also expect the jobless rate to moderate to 9.8 percent from the surprising pop to 9.9 percent in April, while the average workweek holds at 34.1 hours and average hourly earnings post a 0.1 percent gain.
The industry mix should reveal the 400,000 surge in government hiring mentioned earlier, alongside a 10,000 rise in goods-producing employment that includes a 20,000 gain in factory employment, and a 70,000 gain in service-sector jobs excluding government. Though construction employment has risen in each of the previous two months, the gains may reflect the boost in April housing-sector activity spurred by the Apr. 30 expiration of the home buyers’ tax credit, and could prove temporary. Read the rest of this entry »
Four Tips for Single, Female Homebuyers
Posted by Oksana Grebenjuk in Investing on Май 11th, 2010
Buying a home today takes a certain confidence — in the market and in your own financial strength. A lot of single, female homebuyers are taking that bold step in high heels, with no one at their side.
Nationally, single women accounted for 21 percent of all home purchases in the year ended this past June, while single men accounted for just 10 percent, according to the National Association of Realtors.
Experts say female homebuyers share characteristics and concerns that set them apart from male buyers. Following are four tips single, female buyers should keep in mind when purchasing a home.
Buy with confidence
A variety of factors — such as a greater likelihood of working at jobs that offer paltry retirement and other benefits — keep single women from achieving their financial goals, says Mariko Chang, a consultant who recently completed a report on the wealth gap for women for the Insight Center for Community Economic Development in Oakland, Calif. Read the rest of this entry »
New jobless claims unexpectedly rise by 24,000
Posted by Oksana Grebenjuk in Budget on Апрель 14th, 2010
New weekly jobless claims unexpectedly rose by 24,000 to 484,000 last week, the government said this morning, increasing worries that high unemployment will stick around for a long time.
Forecasters had expected the new jobless claims number to come in at 430,000.
The four-week moving average, which smooths out volatility in the number, rose by 7,500 last week to 457,750.
Continuing claims rose from 4.57 million to 4.64 million.
Economists suggest the spike in claims could be related to the Easter holiday. Each week, it seems, there’s some sort of anomaly that affects the new jobless claims — the big February snows, the March snapback from the big February snows, the Easter holiday — so it’s hard to get a good handle on the real jobless picture in the U.S. Read the rest of this entry »
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