The job market is a big place and there are many possibilities to choose from. Did you know there are over 900 possible occupations in the Government’s classification system? Not only is it a challenge to figure out what job allows you to make money doing something you like (and is legal), but then you actually need to get yourself out there and get said job. Unfortunately, there is no ‘easy button’ for this one.
So, of all the economic data on the news, understanding the jobs market is worth your time (don’t worry, its Friday, DWTS isn’t on tonight). The fact is we all know someone who is looking for work, or looking to switch jobs, (maybe it’s you, I won’t tell your boss). Information is available that can help you understand what industries are hiring right now, and where the jobs are at (more on the geographical distribution of jobs another time). Jobs data released today shows the
There’s no disagreement that it’s work to get work. Sometimes we even take a few months off from looking for work because we get discouraged (called “exiting the labor force”). Last month, some of us who had exited the labor force came back (now that jobs are coming back). This was what was behind the unemployment rate (percent of people in the labor force who have no job and are applying to jobs) rising from 8.8% to 9.0%. Believe it or not, this is good news in the long-term (unless Cops is your favorite show). We all grow up one day – though maybe we should at least wait until after the weekend. Happy Friday!
(Bureau of Labor Statistics)