Tag Archives: economy

INTERNSHIPS – LIFELINE TO EXPERIENCE

internships

BY: Adam Gavriel

These days, the competition for jobs starts earlier than you may think.

Internships for students, and even post-grads aren’t just about gaining real world experience anymore, but are becoming a litmus test for employers.

“Internships have transitioned into a 10-week litmus test for a full-time job, with employers flocking to America’s college campuses ever earlier to scoop top talent. Demand for such positions has soared as students, haunted by memories of the recession and the rising cost of college, recognize the potential payoff.”

This quote from a Bloomberg.com article published today that discusses just how crucial internships, and plenty of them, are becoming for college students.

“’There’s a race for the top students, and once it gets started, it perpetuates itself,’ said Joanne Murray, executive director of the Center for Work and Service at Wellesley College in Massachusetts. ‘Students absolutely understand how valuable internships are.’”

Believe me, they do; and if they don’t, they are surely starting to.

Of the graduating class of 2013, 63% of graduating seniors have participated in some for of an internship position. This figures was the highest recorded since the National Association of Colleges and Employers has been tracking it.

Furthermore, according to the article, 70 percent of the 1,000 college graduates General Electric hires in the U.S. have completed a form of an internship position.

“’Seeing relatives, friends, neighbors, whoever had been affected by the recession, it hits home’ that internships are critical to build  a resume, said Tim Stiles, an associate director of University Career Services at the University of North Carolina at Chapel Hill. ‘We’re seeing a lot more students com in as first-years already aware of what an internship is.’”

Whether your 18, and just starting your college career, or 48, and looking to re-enter the workforce, the competition for jobs is always apparent. And as many college seniors are learning (the hard way or the easy way) completing an internship is a critical part of the job searching process.

While at Crossroads Consulting we are more inclined to work as an executive search firm that does not mean we don’t have what you’re looking for if you’re a college student. Our resume service and interview preparation work for anyone of any age, and can do wonders to increasing your chances at landing that job or internship you’re looking for.

Make sure to take a glance at our website for our current job openings. And even if you’re a recent college graduate or student, feel free to shoot us a resume at info@crossroadsconsulting.com, and we’ll do whatever we can do to help your search.

Remember, we’re here to put the ‘human’ back into ‘human resources’

SHOCK AND AWE WELFARE NUMBERS

Fotolia_welfare employment street signBY: Adam Gavriel

A shocking article released by Forbes.com earlier this week has taken its readers by surprise. The article claims, after a study, that Welfare pays more than minimum-wage work in 35 US States.

In 13 states, Welfare pays more than $15 per hour.

1

“The current welfare system provides such a high level of benefits that it acts as a disincentive for work,” Tanner and Hughes write in their new paper. “Welfare currently pays more than a minimum-wage job in 35 states, even after accounting for the Earned Income Tax Credit,” which offers extra subsidies to low-income workers who take work. “In 13 states [welfare] pays more than $15 per hour.”

Welfare should not be a solution, not a motivator to “not-work” but a stop-gap principle in the fight on unemployment. A system that can provide Americas unemployed with help when the country falls on hard-times.

President Bill Clinton attempted to continue the American use of Welfare correctly when he signed the Personal Responsibility and Work Opportunity Reconciliation Act into law which required recipients of cash welfare to seek work, or lose their benefits.

“…welfare paid more than $10 an hour in 33 states; 17 paid less than $8 an hour. Comparing the two data sets and accounting for inflation, 18 states saw a decline in the total value of welfare benefits; 32 states and the District of Columbia saw increases.”

These Government programs provide the user a complacent life in a time when the last thing they need to be is complacent. The job search is just that, a job. And if you can get more from you government than you can in an entry-level position building your skills, then it provides a sense of comfort, protection, and lack of motivation to work.

At Crossroads Consulting we understand better than anyone out there that the job search is a painful experience. Our employment agency understands that if there is an easy way out, and one that may even be more profitable for you depending on where you live, that it’s tempting to take those options.

On the other hand, moving to Hawaii and collecting $60K a year in welfare benefits doesn’t sound too bad after all…

No, no, don’t do that. Come to us here at Crossroads Consulting where we can empathize with you in your search. We see it every day, and we want to help more than anything. If you can’t seem to find the career you’re looking for on LinkedIn, or Indeed, come to our website where we have nearly 50 positions we are looking to fill TODAY. If you’re at step one, or new to the job searching process, we can help you there too with our recommended resume and interview preparation services.

As a professional search firm, we want to be with you from step one until you walk into your new office for your new career. We take pride in our work, and take a supreme gratification in being able to help however you feel we can.

Remember, at Crossroads Consulting we’re putting the ‘human’ back into ‘human resources.’

(Photo courtesy of: tcdailyplanet.net)

NEW YORK, NEW YORK?

150By: Adam Gavriel

When you think of New York, what’s the first thing that comes to mind? Manhattan? New York City in general? The Empire State Building? Chances are it has something to do with the giant Metropolis Island. Those who don’t live in the Empire State tend to forget about the rest of the state. And while New York City has its own struggles (like those living under the poverty line in a city whose average rent is $3300/month), the rest of New York is also suffering.

The Buffalo News is reporting that for the first time in six years, New York’s job growth rate is trailing the nations job growth rate.

In 2012, New York’s job growth rate dropped from 2.1 percent to 1.8 percent. The United States as a nation experienced a job growth increase of .4 percent from 1.8 percent to 2.2 percent.

Further, from 2007 to 2012, New York lost 100,000 manufacturing jobs, a 16.9 percent decline. The nation in that same time-frame experienced a drop of 14.1 percent in manufacturing. In 2012 alone, New York’s manufacturing jobs declined 3.6 percent.

From the article:

In the one-year period ending in June, the state added 110,000 jobs. It said the growth has been geographically uneven, with private-sector growth up in places like Buffalo, New York City, and the Albany area, but there have been “sizable” private-sector employment declines in Syracuse, Utica, Binghamton, and Elmira.” 

All is not bleak for New York, however.

The released report confirms that New York has done better than the nation as a whole in the education and health care sectors.

On top of that, New York had not gone through any major spikes in housing prices during the recession avoiding a complete collapse of the real estate market.

As a New Yorker lucky enough to spread my living days both in the greater New York City area, and Western New York, I feel privileged to experience such a diverse world in the same state. That’s why I take it to heart even more when I hear my native state is among those struggling. While the positive job growth keeps me optimistic, the rate at which it is going is a nerve-wracking one.

Continuing to read daily about the struggles that not only the nation faces, but that the people of the nation face on a daily basis is heart-breaking. That’s why at Crossroads Consulting we are continuing to push our goal of doing whatever it is we can to get Americans, whether they be New Yorkers or not, working again!

With our job postings from around the nation that we are looking to fill today, we want to hear from YOU now. And with our recommended resume service, we can be there from step 1 to the finish line on your pursuit of a career.

If you were just laid-off, or are one of America’s long-term unemployed, we want to help you TODAY.

As a full-service employment agency, we will do whatever it takes to help you with anything that you bring to our doorstep. Do not hesitate to get in touch as quick as possible.

Remember, at Crossroads Consulting we’re putting the ‘human’ back into ‘human resources’

(Photo courtesy of learnenglish.com)

THINGS AIN’T GETTING BETTER FOR THE UNEMPLOYED

BY: Adam Gavriel

A staggering report released Monday by the Huffington Post cites that an incredible four out of five U. S. adults struggle with joblessness, near-poverty, or reliance on welfare for at least part of their lives. For our math friends out there, you did not read that wrong – that’s 80% of American adults.

From the article:

Survey data exclusive to The Associated Press points to an increasingly globalized U.S. economy, the widening gap between rich and poor, and the loss of good-paying manufacturing jobs as the reason for the trend.

The findings come as President Barack Obama tries to renew his administration’s emphasis on the economy, saying in recent speeches that his highest priority is to ‘rebuild ladders of opportunity’ and reverse income inequality.”

Pessimism among whites about their families’ economic futures has climbed to its highest point since 1987; showing that 63% of white Americans call the economy “poor.”

The article reports that while racial and ethnic minorities are more likely to live in poverty, race disparities in the poverty rate have narrowed by substantial amounts since the 1970s.

 More from the article:

“Nationwide, the count of America’s poor remains stuck at a record number: 46.2 million, or 15 percent of the population, due in part to lingering high unemployment following the recession. While poverty rates for blacks and Hispanics are nearly three times higher, by absolute numbers the predominant face of the poor is white.”

“The risks of poverty also have been increasing in recent decades, particularly among people ages 35-55, coinciding with the widening income inequality. For instance, people ages 35-45 had a 17 percent risk of encountering poverty during the 1969-1989 time period; that risk increased to 23 percent during the 1989-2009 period. For those ages 45-55, the risk of poverty jumped from 11.8 percent to 17.7 percent.”

By 2030, close to 85 percent of all working-age adults in the U.S. will experience a time of economic insecurity.

This article from the Huffington Post only provides further strength to the point that while the U.S. economy is in a ‘recovery’ trends and relevant data continue to suggest otherwise. The American Dream, what once drew great people to this great nation, is now becoming more and more elusive.

At Crossroads Consulting, we always take these numbers to heart. The numbers affect us deeply on a personal level. As proven patriots, dedicated to making America a better place to live for everyone, we strive to put the ‘human’ back into ‘human resources.’

As an employment agency, we have job openings across the nation that we are looking to fill TODAY, but we need your help. We’re looking to hear from you right now, not tomorrow, not in a week, but right now. Our mission is to help you from step one, to the step you take into the office to start your new job. If you’re not confident on your resume, our recommended resume service is here to help. If you need a connection, reach out, as we are always networking.

When we read the numbers in the morning, it disgusts us in the office. We are setting out to make a difference, but we need you to help us do it.

Let’s start getting back on track together.

CITY STRUGGLES – IS YOURS AMONG THEM?

BY: Adam Gavriel

While the United States economy continues it’s slow and often frustrating climb back to mediocrity, many of the country’s cities continue to falter.  According to an article by the Huffington Post, eight US cities experienced a falling average wage of close to or over 1% in the year 2012.

“One common criticism of the recovery is that even as unemployment has declined nationally, wage inequality has risen. According to a report by the National Employment Law Project, the increase in inequality is because many people who were unemployed during the recession have accepted lower-skill and lower-pay jobs than the ones they previously had in order to make ends meet.”

This quote goes hand in hand with the United States underemployment rate, which recent reports suggest sits at 17.2%

1

Here are the 8 cities struggling more than the rest of the United States:

10. Santa Cruz-Watsonville, CA
1 year wage growth: -0.8%
Decemeber 2012 unemployment: 11.2%

9. Sandusky, OH
1 year wage growth: -0.8%
December 2012 unemployment: 7.3%

8. Ocean City, NJ
1 year wage growth: -1.1%
December 2012 unemployment: 17.3%

7. Las Cruces, NM
1 year wage growth: -1.2%
December 2012 unemployment: 6.7%

6. Kennewick-Richland-Pasco, WA

1 year wage growth: -1.3%

December 2012 unemployment: 9.7%

5. Flint, MI

1 year wage growth: -1.4%

December 2012 unemployment: 9.1%

4. Atlantic City, NJ

1 year wage growh: -1.4%

December 2012 unemployment: 14.9%

3. Elizabethtown, KY

1 year wage growth: -1.8%

December 2012 unemployment: 7.3%

2. Rocky Mount, NC

1 year wage growth: -2.3%

December 2012 unemployment: 13%

1. Anniston-Oxford, AL

1 year wage growth: -2.4%

December 2012 unemployment: 6.8%

All of these numbers really hit home here in the Crossroads Consulting office. As an employment agency, we take pride in our commitment to putting the ‘human’ back into ‘human resources’ and getting Americans working again. When the unemployment goes up anywhere in America, we take it as a personal insult and commit to working harder as a search firm.

With our job postings from across the nation, and our recommended resume service, there is no reason for you NOT to contact us in the offices today. We are a great search firm, and we may find you first, but help us out and drop us an email TODAY.

 

A TALE OF TWO ECONOMIES

BY: Adam Gavriel

The American unemployment numbers for May have been released, and they tell an interesting story. While May’s unemployment rate rose from April’s (7.5%) to 7.6%, payrolls also increased by 175,000 in America. This is just a mere fraction of the story, as many Americans came in and flooded the labor force.

As many economists have been saying, the unemployment numbers must be taken as a grain of salt since it does not account for Americans that have left the labor force or underemployed Americans. May tells the story perfectly as payrolls increased much more than expected and still the unemployment rate rose.

From Bloomberg.com:

“The economy has really held up much better than expected, considering the strong fiscal headwinds that we’re experiencing right now,” said Russell Price, senior economist at Ameriprise Financial Inc. in Detroit, who correctly projected the rise in the unemployment rate. “The underlying fundamentals of the economy are very supportive, and once these headwinds recede somewhat, that the economy can gain momentum.” 

The household survey displayed that government sequestration will continue to have an impact on government jobs. Employment at federal agencies, excluding the post office, dropped 9400 last month; while private payrolls saw an increase of 178,000 up from 157,000 the month prior.

““We’re seeing losses of government jobs,” Krueger said in an interview on Bloomberg Television. “We’re making progress, but we would do even better if Congress would get out of the way.”” 

A tale of two economies.

One story paints a picture of a recovering economy, while another shows a bleak outlook on the horizon. Gridlock in congress, and a government sequester looming in the distance can certainly slow the recover of the American economy that is oh so necessary.

Americans need to get working again, and that’s where we come in.

At Crossroads Consulting, we pride ourselves on being an employment agency that is dedicated to putting the ‘human’ back into ‘human resources.’ We want to work with you from step one to placing you in your dream job; and we want to get started today. At Crossroads Consulting, we are also a search firm, so if we come knocking on your door, don’t worry it’s not the NSA, just us trying to help.

We are a full service employment agency. If you’re not comfortable with your resume? Contact us. If you can’t seem to find the job you’re looking for, or the human interaction in the process that you crave? Contact us. Our job is to get you working TODAY.

Remember, we’re here to put the ‘human’ back into ‘human resources.’ More importantly, we’re here to make sure the unemployment number never gets higher than 7.6% again, and for that, we need your help.

STOCKS AND THE MARKET AND EMPLOYMENT

BY: Adam Gavriel

The best reflection of how the United States economy, and the world economy in some cases, is going is shown by the stock market. What’s even more incredible about this, is that is an instant indicator, and one that will tell a story in very few words. The stock market can make or break a fortune; but if a picture says a thousand words, how many words does a graph say?

1graph

Here is a graph of today’s market movements so far. In blue, the Dow, in red, the NASDAQ, and in yellow, the S&P 500. All trending downward since the market opened this morning.

This is all because early Wednesday morning reports cited that the economy is continuing to “recover” at its incredibly sluggish pace.

From an article posted on Yahoo! News this morning:

“Investors have become increasingly sensitive to economic reports in the last two weeks. They are trying to anticipate when the Federal Reserve will pull back on its $85 billion of bond purchases a month. That program has supported markets this year, and on some days stocks have even rallied on speculation that an ailing economy would ensure the stimulus will remain in place.

“We’re pleased to see the market sell off on some bad news,” said John Lynch, a regional chief investment officer for Wells Fargo private bank. “The whole idea that bad news was good news was frustrating because it suggests to me that the markets are becoming too Fed-dependent.””

On Friday, the United States Department of Labor will release the employment report from the month of May. Many economists expect the Unemployment rate to continue dropping to a more manageable number. The problem will continue to lie in the speed of the recovery, which is making the economy seem more and more stagnant every month.

As an employment agency, we are seeking candidates every day to fill the open job positions that we have TODAY. We pride ourselves on being a search firm, so we may find you before you find us, but wouldn’t it be greater to meet in the middle somewhere?

At Crossroads Consulting, we firmly believe in being an employment agency that fully understands their clients on both sides of the employment spectrum, we aim to be human. That is why it is our goal as a search firm to put the ‘human’ back into ‘human resources.’

If you’re not comfortable in your resume, we can help you there with our recommended resume service.

Please do not hesitate to get in contact with us, because it is only together that we can speed up the rate at which unemployment falls!