| Job market shows signs of slow down ABC NEWS A jobs report released recently showed the highest level of job loss in the U.S. in five years, raising more alarms that the country is in a recession. The Bureau of Labor Statistics reported a loss of 80,000 jobs in March, significantly higher than the 50,000 drop economists were expecting. Nationwide, the unemployment rate rose from 4.8 percent to 5.1 percent. That’s the highest level since Hurricane Katrina, and it’s expected to continue climbing. “We’re expecting the unemployment rate to rise to as much as five and a half percent over the course of the first half of 2008, and I think we have to put that in perspective,” said Tig Gilliam, CEO of staffing firm Addeco. The increase brings the total number of jobs lost this year to 232,000 and shows that there were significantly more Americans out of work and unable to find a job in March, an expected result of a significant economic slowdown that has employers scaling back their expansion plans. ——————– MilitaryConnection.com is a portal of all things military. We have thousands of pages and hundreds of databases of valuable information and resources. There is something for everyone. All of this is provided free to users. Additionally, we feature all types of Articles like this one to keep you informed. We will post your press releases, special events, newsletters, professional conferences and seminars, reunions, job fairs, and videos to help organizations get out the word. One of the areas of our focus is connecting candidates from the military community with outstanding government and civilian employers. We are well aware that candidates from the military community across the board have a work ethic second to none. They make highly valued employees. MilitaryConnection.com has a multitude of employment resources including a Directory of over 30,000 employers, Job Tips, Columns, our Job Board, Virtual Job Fair and much more. We understand the importance of education. Please check out our new Scholarship Directory featuring thousands of scholarships. When the next tour is back home, it’s on MilitaryConnection.com. |