Everyone Loves a Chart
United States Unemployment Rate
US Bureau of Labor Statistics
From the BL&S
Metropolitan Area Employment and Unemployment -- October 2010
Unemployment rates were lower in October than a year earlier in 235 of the
372 metropolitan areas, higher in 121 areas, and unchanged in 16 areas, the
U.S. Bureau of Labor Statistics reported. Ten areas recorded jobless
rates of at least 15.0 percent, while 12 areas registered rates of less
than 5.0 percent. The national unemployment rate in October was 9.0 per-
cent, not seasonally adjusted, compared with 9.5 percent a year earlier.
One hundred eighty-two metropolitan areas reported over-the-year increases
in nonfarm payroll employment, 178 reported decreases, and 12 had no change.
In The News
SilkRoad Technology, a provider of talent management solutions, secured a $40 million equity round of capital in mid November. The investment was led by new investors Intel Capital and Tenaya Capital and includes existing investors Foundation Capital, Azure Capital and SilkRoad Equity.
Click 4 Compliance, the premier provider of online compliance training, released a new online compliance course, Doing Business With the U.S. Government.
Vanguard Retirement Plan Services Receive Top Marks in Boston Research Group Surveys of Plan Sponsors and Participants (read more)
JobsinHubs.com has entered the sustainable job market in Europe, launching a website dedicated to helping users search and apply for environmentally-focused "green" jobs.
CCLC, a national child care provider dedicated to developing unique and effective employer-sponsored child care programs, opens first Child Care Center in New York City - Center to focus on backup child care services to save companies money and increase employee retention. (read more)
The New Black
The Friday after Thanksgiving, known to retailers as Black Friday, is a barometer for the retail industry. By all indications, this season, and the sales year, will be brighter than 2009.
Meanwhile, Cyber Monday, which was yesterday, also reflected the start of what is expected to be a positive trend.
Consumers are in stores and online, and they're spending more than last year.
A happy holiday shopping season bodes well for the economy, and it could translate to employment opportunities. After all, increased demand for goods and services means more workers are needed, right? In theory, perhaps, but reality tells another story. (read more)
by Paula Santonocito
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