Monthly Archives: July 2012

DIM PROSPECTS FOR YOUNG PEOPLE

BY: Adam Gavriel

As the unemployment rate in the United States remains stagnant hovering around 8%, the demographic being hit the worst by this economy are young workers from 15-24. A report released on July 10thfrom CNN Money revealed that in the United States 14.8% of youths were neither employed nor in school or training programs. That number was even higher at 18.6% among OECD countries including Mexico, Japan, and much of Europe.

The same article predicts that among those countries (which include the United States) the unemployment rate will not dip below 7.7% by the end of the calendar year of 2013. This is somewhat of a discouraging reveal considering that the unemployment rate is currently 7.9% As the economy continues to stagnate and falter, there appears to be no greener pastures in sight according to sources. Continue reading

YOUR RESUME NEEDS TO BE RIGHT

BY: Steven Murray, Special to Out of Our Mind

Simple ways to avoid common resume errors

For job seekers, a good resume is their best bet for getting an interview call. However, many applicants may find preparing a resume a challenging task. It is, in fact, quite easy to unknowingly make mistakes such as typing errors in your resume. Errors in a resume can cost you dearly and, so, it is necessary that you pay attention to all small details and ensure that your resume is error-free and well crafted.

To help you prepare an impeccable resume, we present some common resume blunders and also show how you can avoid them-

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(Un)Employment Numbers

BY: Adam Gavriel

The June United States job reports show a stagnant growth rate while the country celebrated its 236thbirthday this past week. According to a report by Yahoo Finance, the United States economy added just 80,000 jobs in June, while the unemployment rate remained unchanged at 8.2% This is the third straight month that the United States has shown weak job growth.

From the April to June quarter this year, the economy averaged just 75,000 jobs/month, one-third of the pace in the first quarter of 2012.

With the slow-rate in which jobs are being added, consumer spending continues to decrease and business all over the nation are going to feel that hit. On top of that, Europe’s debt crisis continues to slow exports from the United States. From the report: “Job creation is the fuel for the nation’s economic growth. When more people have jobs, more consumers have money to spend – and consumer spending drives about 70% of the economy.”

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