Markets

U.S. open in 24 hrs, 10 mins
10,309.92
-154.48
 
1.48%
2,138.44
-37.61
 
1.73%
1,091.49
-19.14
 
1.72%
101.406
0.5625
 
0.56%
5,245.73
51.60
 
0.99%
9,081.52
-301.72
 
3.22%
21,134.50
-1,075.91
 
4.84%
-0.0047
 
0.31%
0.10
 
0.12%
1,177.80
-9.20
 
0.78%
75.97
-1.99
 
2.55%
Bookmark and Share

Job Openings at Lowest Levels in 9 Years

By CHRISTOPHER S. RUGABER
,
AP
posted: 80 DAYS 17 HOURS AGO
Text SizeAAA
WASHINGTON (Sept. 9) - Job openings fell to the lowest level in nine years in July, according to a Labor Department report Wednesday, as U.S. businesses remain reluctant to hire despite signs the economy is improving.
The department's Job Openings and Labor Turnover survey, or JOLTS report, found that businesses and government advertised 2.4 million open positions on the last day in July, down from 2.5 million in June. That's also the fewest openings since the department began compiling the data in December 2000.
Still, jobs are being added in some sectors, as companies seek more health care and technology workers.
The report underscores the tough competition that jobless Americans face. With 14.5 million unemployed people in July and only 2.4 million openings, that means there were six unemployed people, on average, for every job opening.
The report also adds to evidence that companies likely will wait until the economy is clearly recovering before hiring new employees. Many analysts believe the economy is likely to grow at a healthy 3 percent rate in the second half of this year, pulling the country out of the worst recession since the 1930s.
But they also worry that the growth will be difficult to sustain, particularly once government stimulus measures, such as the Cash for Clunkers program that ended last month, are no longer in effect.
To be sure, there are some signs that hiring is slowly resuming. About one-third of both manufacturing and service sector companies plan to add jobs in September, according to a survey by the Society for Human Resource Management. That's the highest combined total for the two sectors since October 2008, the group said.
And online job postings increased by 5 percent in August from July, according to the Conference Board, a business research group. Job listings rose by 169,000 to 3.5 million, the board said, though that is down from 4.6 million a year earlier.
The largest increase in job openings was in health care practitioners and technicians, the Conference Board said, which rose by 52,700 to 574,400. That category includes physical and occupational therapists and registered nurses.
Management jobs rose 18,900 to more than 431,000, while computer and mathematical sciences increased by 8,800 to 406,800, according to the Conference Board's report.
The online job search Web site SimplyHired.com also has a large number of postings for physical therapists, according to its chief executive, Gautam Godhwani. That occupation was the Web site's "least competitive" in July, Godhwani said, meaning that it had the highest ratio of openings to job seekers.
That's likely a reflection of the aging of the population and the fact that baby boomers, those Americans born between 1946 and 1964, are more likely to remain active as they age, compared with previous generations, Godhwani said.
Some technology companies also are adding new workers, despite the slowdown. IBM Corp. is hiring or retraining up to 4,000 people to work on data analysis projects, according to spokeswoman Laurie Friedman. The company hopes to profit from what it calls "analytics" as more businesses, nonprofits and government agencies seek to use reams of data they have collected to spot and analyze trends.
For example, the Arkansas state government is using IBM technology to track the use of federal stimulus funding to improve school programs, the company said. IBM also is helping the New York City police and fire departments use their data to anticipate fires and crime.
Copyright 2009 The Associated Press. The information contained in the AP news report may not be published, broadcast, rewritten or otherwise distributed without the prior written authority of The Associated Press. Active hyperlinks have been inserted by AOL.
2009-09-09 14:47:11
COMMENTS ( 13 )
Page 1 of 3 1 2 3 Next >>
cybercorrespond
8:25PM Sep 19 2009 
About Obama’s citizenship
What passport did he use when he was shuttling between New York , Jakarta , and Karachi ?
So how did a young man who arrived in New York in early June 1981, without the price of a hotel room in his pocket, suddenly come up with the price of a round-the-world trip just a month later?
And once he was on a plane, shuttling between New York , Jakarta , and Karachi , what passport was he offering when he passed through Customs and Immigration?
Q: Did Obama travel to Pakistan in 1981, at age 20?_
A : Yes, by his own admission.
Q: What passport did he travel under?
A: There are only three possibilities.
1) He traveled with a U.S. Passport,
2) He traveled with a British passport, or
3) He traveled with an Indonesia passport.
Q: Is it possible that Obama traveled with a U.S. Passport in 1981?
A: No. It is not possible. Pakistan was on the U.S. State Department's "no travel" list in 1981.
Conclusion: When Obama went to Pakistan in 1981 he was traveling either with a British passport or an Indonesian passport.
If he were traveling with a British passport that would provide proof that he was born in Kenya on August 4, 1961, not in Hawaii as he claims. And if he were traveling with an Indonesian passport that would tend to prove that he relinquished whatever previous citizenship he held, British or American, prior to being adopted by his Indonesian stepfather in 1967.
Whatever the truth of the matter,the American people need to know how he managed to become a "natural born" American citizen between 1981 and 2008
http://www.youtube.com/watch?v=qe2bpV1QlkE
http://www.youtube.com/watch?v=gA6_k3NtXZs
Copy and paste the addresses onto Google
REPLY RATING
(0 RATINGS)
 
Arentany
6:03PM Sep 12 2009 
Interesting, isn't it. Unemployment filings have gone down, but new jobs are not available. Though this can be rationalized away via specious reasoning, the picture is clear.
REPLY RATING
(0 RATINGS)
 
Arentany
6:03PM Sep 12 2009 
Interesting, isn't it. Unemployment filings have gone down, but new jobs are not available. Though this can be rationalized away via specious reasoning, the picture is clear.
REPLY RATING
(0 RATINGS)
 
busystockdotcom
3:01PM Sep 11 2009 
the best stock screener is busyStock screener. They carry the most comprehensive stock list, and you can view all criteria in one page. Also, it has a very powerful Earning Filter to follow earning season. Check it out: http://www.busyStock.com
REPLY RATING
(0 RATINGS)
 
Stalbaum
12:45PM Sep 11 2009 
SO SAYS THE SIGNPOST UP AHEAD: ROAD TO RUIN TO THE LEFT,
ROAD TO FREEDOM TO THE RIGHT. YOU ARE NOW ENTERING THE TWILIGHT ZONE.

For those people that voted for Obama, Hey, how's that hope and CHANGE working out for you???
REPLY RATING
(1 RATINGS)
 
Page 1 of 3 1 2 3 Next >>
GOT SOMETHING TO SAY?
YOU'LL BE ASKED TO REGISTER OR SIGN IN BEFORE POSTING A COMMENT.
Make a Comment
Comment
 

Headlines From AOL Money & Finance Partners

CNBC
The Big Money
Smart Money
Kiplinger.com
The street

Visit Money & Finance for stock quotes, the web's best online portfolio manager and the latest business & financial news. Find out about every aspect of personal finance and money management, from finding the best mortgage rates and preventing identity theft to making money, saving money and investing money.