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Are things getting better?

Sep 14 2009

The economy’s been in rough shape over the last few months – even the last few years. Last February, the American Recovery and Reinvestment Act was passed, and it’s time to look at the overall impact.

Overall, things are still pretty grim – while the rate of job loss has slowed, unemployment is still on the rise, at 9.7% in August. Some industries, however, are doing better than others – namely manufacturing, construction and retail trade. The energy sector is also on the rise – particularly with the emphasis on ‘going green’.

While things are still grim, some recruiters tend to be slightly optimistic about the future, expecting job openings to start picking up again at the beginning of 2010.

Some unemployed are using the time to try to update or freshen skills through career training. Others are attempting to take advantage of as much temporary work as possible. And almost everybody is applying everywhere they can – making this a very rough and competitive job market.

Do you feel like things are really getting better??

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