Job Service Helps Employment
Online, July 27, 2010 (Newswire.com)
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Medford, Oregon - July 21, 2010 - Job Service Help (JSH), an internet-based employment recruitment informational site and discount coupon and promotional portal for such companies as Monster.com and Hotjobs.com has initiated a new blog featuring subject matter of specific importance to employers, small business owners, human resource managers and job seekers alike. The job market watchers from JSH will be adding new articles on a weekly basis as the job market finds its way back to normalcy in the months and years to come.
Several economists believe the country will suffer a double dip recession. The trend towards pessimism is understandably most compelling from those still unable to find work or who have lost small businesses. For those who continue to cling-on to survival in these difficult times, the eventual end to the worst recession since the Great Depression seems to be a pipe-dream at this point. Many believe it's difficult to find much optimism given current plight and some lingering negative economic indicators.
Now for the good news, if we dig deeper, we find there are some recent positive indicators out there. The economic analysts at Job Service Help believe signs of significant hope are on the horizon for job seekers, small to medium sized businesses and the U.S. economy as a whole.
According to the National Association for Business Economics, 31 percent of businesses surveyed reported adding workers in the second quarter of this year. This was the greatest gain noted in three years.
Also spurring additional optimism is the fact that 39 percent of all companies surveyed said they plan on adding additional employees in the next six months. That's the largest gain in this category of anticipated hiring since January 2008.
Additionally, the number of companies reporting layoffs or job cuts through attrition dropped by half from the year before.
Perhaps one of the most encouraging of positive economic indicators is the Labor Department reporting a rise of 9,000 manufacturing jobs in June 2010, bringing the total increase to the crucial manufacturing job sector to 136,000 jobs since December 2009. JSH believes the return of manufacturing jobs is the holy Grail of the recovery.
Unexpected positive indicators such as the upward adjustment of the Yuan against the dollar by 0.78% in a recent three week period signals much optimism. The added valuation of the Chinese currency will help create jobs in the U.S. and provide a more level playing field when it comes to the unbalanced U.S. trade deficit with China.
We are indeed starting to see new manufacturing jobs being brought back to the United States from China. With employees and labor unions fighting for better wages and working conditions in China and the Chinese currency inflating, the cards are becoming more fairly dealt. These recent workers rights fights and wage increases in China are already causing some American companies such as Wham-O, the creator of the Hula Hoop and the Slip 'N Slide making a rather shocking strategic business decision. After many years of manufacturing the majority of their product in China, this California-based company has decided to bring half of its Frisbee production and some additional products back to the United States. This is exactly what the United States requires for real economic vitality.
Job Service Help believes the economy and job market will experience a substantial turn-around in the last half of 2010 and into and throughout 2011 and 2012 due to these and other positive indicators.
In preparation of the anticipated recovery, Job Service Help is focused on become a partner with those looking to stay on top of the changing job scene by providing insightful and useful articles within its site and blog specifically for employers, human resource managers, small business owners and prospective employees.
Individuals can visit their comprehensive site at http://www.jobservicehelp.com. While there, browsers should not miss the new weekly-updated blog focused on the ever-changing world of employment issues surrounding the American recovery.