Monthly Archives: April 2012

UNEMPLOYMENT COMPENSATION

BY: Adam Gavriel

According to an article on CBSnews.com written by Amy Levin-Epstein, 30 percent of the 14 million people who are benefiting off of unemployment have been receiving these benefits for over a year.

If you go on over to CBSnews.com and take a look at the article, you may be able to tell that Amy could be an avid reader of ours here at OutOfOurMind. Levin-Epstein touches on a few points in her article that we have made here. It’s never a bad thing to be reminded though, so we’ll give a brief overview on what Amy talks about, and our own thoughts on the subject.

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JOB GROWTH?

BY: Adam Gavriel

According to an article released on Bloomberg BusinessWeek earlier in this week, job growth in the US seems capable of rebounding from its brief slump. Analysts from JP Morgan Chase & Co. and Deutsche Bank Securities Inc. say that there are no signs of a repeat of 2010 and 2011, when hiring started slumping after promising starts. However these predictions of good news are not universal, with economists at Bank of America Corp. disagreeing believing that employment will slump in the second half of the year.

Bruce Kasman, who stands as chief economist at JPMorgan believes that the economy will only be “OK” while the job market will be “better than OK.” Kasman believes that this is one of the most prominent times to hire, to invest in human capital.

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