Tuesday, November 1, 2011

Small Business Hiring has Slowed

This article by Thomas Reuters titled Small Business Hiring Slows, Wages Dip expresses the concern of the economy’s effect on the working world and the cycle of hiring. Not only does the article show how hiring has slowed but also people are paid less and given raises less. On a good note Susan Woodward from Intuit (a payroll processing company conducting research) said, “"From this month's numbers, we don't see a new recession, but we don't see a robust recovery either.”
That statement doesn’t give job seekers much to go on. Are they supposed to take a low paying job just for the sake of having a job? Or wait until the economy picks up and jump in then?
Drop in August employment doesn’t mean the economy is back in recession. According to this article this should not be interpreted as a sign the economy is back in recession, when the economy grew 1 percent at an annual rate in the 2nd quarter after expanding only .4 percent in the Jan to Mar period.
When looking for a job having something that no one else has, making yourself unique, and marketing yourself will help make you noticed. I do all the hiring for my company and it’s hard to put a price on GREAT employees. Make yourself that employee that everyone wants and don’t give up fighting for a job.

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