Vision Payroll

According to the US Bureau of Labor Statistics, the unemployment rate in July 2009 was 9.4% compared to an adjusted rate of 5.8% in July 2008. In turn, many employers have observed from their growing stacks of resumes, a wider availability of experienced workers as interested job applicants. Use the following helpful steps in reviewing the resumes that you receive:

1. Check the Introduction
2. Scan the Resume
3. Confirm the Minimum
4. Skim the Summary
5. Target Key Words
6. Identify Relevant Experience
7. Review the History
8. Note the Miscellaneous
9. Rank and File
10. Screen and Schedule

To learn more be sure to read this month’s featured article by the HR pros at MyHRSupportCenter, Ten Steps to Effectively Review Resumes. If you’re not yet signed up or would like a free trial of MyHRSupportCenter, contact Vision Payroll today.

Nonfarm payroll employment continued to decline in July (-247,000), and the unemployment rate was little changed at 9.4%, the US Bureau of Labor Statistics reported recently. The average monthly job loss for May through July (-331,000) was about half the average decline for November through April (-645,000). In July, job losses continued in many of the major industry sectors.

In July, the number of unemployed persons was 14.5 million. The unemployment rate was 9.4%, little changed for the second consecutive month.

Among the major worker groups, unemployment rates for adult men (9.8%), adult women (7.5%), teenagers (23.8%), whites (8.6%), blacks (14.5%), and Hispanics (12.3%) were little changed in July. The unemployment rate for Asians was 8.3%, not seasonally adjusted.

The number of long-term unemployed (those jobless for 27 weeks or more) rose by 584,000 over the month to 5.0 million. In July, 1 in 3 unemployed persons were jobless for 27 weeks or more.

The civilian labor force participation rate declined by 0.2 percentage points in July to 65.5 percent. The employment-population ratio, at 59.4%, was little changed over the month but has declined by 3.3 percentage points since the recession began in December 2007.

The number of persons working part time for economic reasons (sometimes referred to as involuntary part-time workers) was little changed in July at 8.8 million. The number of such workers rose sharply in the fall and winter but has been little changed for 4 consecutive months.

About 2.3 million persons were marginally attached to the labor force in July, 709,000 more than a year earlier. (The data are not seasonally adjusted.) These individuals, who were not in the labor force, wanted and were available for work and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey.

Among the marginally attached, there were 796,000 discouraged workers in July, up by 335,000 over the past 12 months. (The data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The other 1.5 million persons marginally attached to the labor force in July had not searched for work in the 4 weeks preceding the survey for reasons such as school attendance or family responsibilities.

Nonfarm payroll employment continued to decline in June (-467,000), and the unemployment rate was little changed at 9.5%, the Bureau of Labor Statistics of the US Department of Labor reported recently. Job losses were widespread across the major industry sectors, with large declines occurring in manufacturing, professional and business services, and construction.

The number of unemployed persons (14.7 million) and the unemployment rate (9.5%) were little changed in June. Since the start of the recession in December 2007, the number of unemployed persons has increased by 7.2 million, and the unemployment rate has risen by 4.6 percentage points.

In June, unemployment rates for the major worker groups–adult men (10.0%), adult women (7.6%), teenagers (24.0%), whites (8.7%), blacks (14.7%), and Hispanics (12.2%)–showed little change. The unemployment rate for Asians was 8.2%, not seasonally adjusted.

Among the unemployed, the number of job losers and persons who completed temporary jobs (9.6 million) was little changed in June after increasing by an average of 615,000 per month during the first 5 months of this year.

The number of long-term unemployed (those jobless for 27 weeks or more) increased by 433,000 over the month to 4.4 million. In June, 3 in 10 unemployed persons were jobless for 27 weeks or more.

Nonfarm payroll employment fell by 345,000 in May, about half the average monthly decline for the prior 6 months, the Bureau of Labor Statistics of the US Department of Labor reported recently. The unemployment rate continued to rise, increasing from 8.9% to 9.4%. Steep job losses continued in manufacturing, while declines moderated in construction and several service-providing industries.

The number of unemployed persons increased by 787,000 to 14.5 million in May, and the unemployment rate rose to 9.4%. Since the start of the recession in December 2007, the number of unemployed persons has risen by 7.0 million and the unemployment rate has grown by 4.5 percentage points.

Unemployment rates rose in May for adult men (9.8%), adult women (7.5%), whites (8.6%), and Hispanics (12.7%). The jobless rates for teenagers (22.7%) and blacks (14.9%) were little changed over the month. The unemployment rate for Asians was 6.7% in May, not seasonally adjusted, up from 3.8% a year earlier.

Among the unemployed, the number of job losers and persons who completed temporary jobs rose by 732,000 in May to 9.5 million. This group has increased by 5.8 million since the start of the recession.

The number of long-term unemployed (those jobless for 27 weeks or more) increased by 268,000 over the month to 3.9 million and has tripled since the start of the recession.

Nonfarm payroll employment continued to decline in April (-539,000), and the unemployment rate rose from 8.5% to 8.9%, the Bureau of Labor Statistics of the US Department of Labor reported recently. Since the recession began in December 2007, 5.7 million jobs have been lost. In April, job losses were large and widespread across nearly all major private-sector industries. Overall, private-sector employment fell by 611,000.

The number of unemployed persons increased by 563,000 to 13.7 million in April, and the unemployment rate rose to 8.9%. Over the past 12 months, the number of unemployed persons has risen by 6.0 million, and the unemployment rate has grown by 3.9 percentage points.

Unemployment rates rose in April for adult men (9.4%) and blacks (15.0%). The jobless rates for adult women (7.1%), teenagers (21.5%), whites (8.0%), and Hispanics (11.3%) were little changed over the month. The unemployment rate for Asians was 6.6% April, not seasonally adjusted, up from 3.2% a year earlier.

Among the unemployed, the number of job losers and persons who completed temporary jobs rose by 571,000 in April to 8.8 million. This group has more than doubled in size over the past 12 months.

The number of long-term unemployed (those jobless for 27 weeks or more) increased by 498,000 to 3.7 million over the month and has risen by 2.4 million since the start of the recession in December 2007.

The civilian labor force participation rate rose in April to 65.8%, and the employment-population ratio was unchanged at 59.9%. The employment-population ratios for adult men and women showed little or no change over the month. However, since December 2007, the men’s ratio was down by 4.4 percentage points, while the women’s ratio was down by 1.3 percentage points.

In April, the number of persons working part time for economic reasons (sometimes referred to as involuntary part-time workers) was essentially unchanged at 8.9 million; however, the number of such workers has risen by 3.7 million over the past 12 months.

Nonfarm payroll employment continued to decline sharply in March (-663,000), and the unemployment rate rose from 8.1% to 8.5%, the Bureau of Labor Statistics of the US Department of Labor reported recently. Since the recession began in December 2007, 5.1 million jobs have been lost, with almost two-thirds (3.3 million) of the decrease occurring in the last 5 months. In March, job losses were large and widespread across the major industry sectors.

In March, the number of unemployed persons increased by 694,000 to 13.2 million, and the unemployment rate rose to 8.5%. Over the past 12 months, the number of unemployed persons has grown by about 5.3 million, and the unemployment rate has risen by 3.4 percentage points. Half of the increase in both the number of unemployed and the unemployment rate occurred in the last 4 months.

The unemployment rates continued to trend upward in March for adult men (8.8%), adult women (7.0%), whites (7.9%), and Hispanics (11.4%). The jobless rates for blacks (13.3%) and teenagers (21.7%) were little changed over the month. The unemployment rate for Asians was 6.4% percent in March, not seasonally adjusted, up from 3.6% a year earlier.

Among the unemployed, the number of job losers and persons who completed temporary jobs increased by 547,000 to 8.2 million in March. This group has nearly doubled in size over the past 12 months.

The number of long-term unemployed (those jobless for 27 weeks or more) rose to 3.2 million over the month and has increased by about 1.9 million since the start of the recession in December 2007.

Nonfarm payroll employment continued to fall sharply in February (-651,000), and the unemployment rate rose from 7.6% to 8.1%, the Bureau of Labor Statistics of the US Department of Labor reported recently. Payroll employment has declined by 2.6 million in the past 4 months. In February, job losses were large and widespread across nearly all major industry sectors.

The number of unemployed persons increased by 851,000 to 12.5 million in February, and the unemployment rate rose to 8.1%. Over the past 12 months, the number of unemployed persons has increased by about 5.0 million, and the unemployment rate has risen by 3.3 percentage points.

The unemployment rate continued to trend upward in February for adult men (8.1%), adult women (6.7%), whites (7.3%), blacks (13.4%), and Hispanics (10.9%). The jobless rate for teenagers was little changed at 21.6%. The unemployment rate for Asians was 6.9% in February, not seasonally adjusted.

Among the unemployed, the number of job losers and persons who completed temporary jobs increased by 716,000 to 7.7 million in February.  This measure has grown by 3.8 million in the last 12 months.

The number of long-term unemployed (those jobless for 27 weeks or more) increased by 270,000 to 2.9 million in February. Over the past 12 months, the number of long-term unemployed was up by 1.6 million.

Nonfarm payroll employment fell sharply in January (-598,000) and the unemployment rate rose from 7.2% to 7.6%, the Bureau of Labor Statistics of the US Department of Labor reported recently. Payroll employment has declined by 3.6 million since the start of the recession in December 2007; about one-half of this decline occurred in the past 3 months. In January, job losses were large and widespread across nearly all major industry sectors.

Both the number of unemployed persons (11.6 million) and the unemployment rate (7.6%) rose in January. Over the past 12 months, the number of unemployed persons has increased by 4.1 million and the unemployment rate has risen by 2.7 percentage points.

The unemployment rate continued to trend upward in January for adult men (7.6%), adult women (6.2%), whites (6.9%), blacks (12.6%), and Hispanics (9.7%). The jobless rate for teenagers was unchanged at 20.8%. The unemployment rate for Asians was 6.2% in January, not seasonally adjusted.

Among the unemployed, the number of job losers and persons who completed temporary jobs increased to 7.0 million in January. This measure has grown by 3.2 million during the last 12 months.

The number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 2.6 million in January. Over the past 12 months, the number of long-term unemployed was up by 1.3 million. The number of persons unemployed less than 5 weeks rose to 3.7 million in January.

Nonfarm payroll employment declined sharply in December, and the unemployment rate rose from 6.8% to 7.2%, the Bureau of Labor Statistics of the US Department of Labor reported recently. Payroll employment fell by 524,000 over the month and by 1.9 million over the last 4 months of 2008. In December, job losses were large and widespread across most major industry sectors.

In December, the number of unemployed persons increased by 632,000 to 11.1 million and the unemployment rate rose to 7.2%. Since the start of the recession in December 2007, the number of unemployed persons has grown by 3.6 million, and the unemployment rate has risen by 2.3 percentage points.

The unemployment rates for adult men (7.2%), adult women (5.9%), and whites (6.6%) increased in December. The jobless rates for teenagers (20.8%), blacks (11.9%), and Hispanics (9.2%) were little changed over the month. The unemployment rate for Asians was 5.1% in December, not seasonally adjusted.

Among the unemployed, the number of job losers and persons who completed temporary jobs rose by 315,000 to 6.5 million in December. Over the past 12 months, the size of this group has increased by 2.7 million.

The number of long-term unemployed (those jobless for 27 weeks or more) rose to 2.6 million in December and was up by 1.3 million in 2008.

Nonfarm payroll employment fell sharply (-533,000) in November, and the unemployment rate rose from 6.5% to 6.7%, the Bureau of Labor Statistics of the U.S. Department of Labor reported recently. November’s drop in payroll employment followed declines of 403,000 in September and 320,000 in October, as revised. Job losses were large and widespread across the major industry sectors in November.

Both the number of unemployed persons (10.3 million) and the unemployment rate (6.7%) continued to increase in November. Since the start of the recession in December 2007, as recently announced by the National Bureau of Economic Research, the number of unemployed persons increased by 2.7 million, and the unemployment rate rose by 1.7 percentage points.

The unemployment rates for adult men (6.5%) and adult women (5.5%) continued to trend up in November. The unemployment rates for teenagers (20.4%), whites (6.1%), blacks (11.2%), and Hispanics (8.6%) showed little change over the month. The jobless rate for Asians was 4.8% in November, not seasonally adjusted.

Among the unemployed, the number of persons who lost their job and did not expect to be recalled to work increased by 298,000 to 4.7 million in November. Over the past 12 months, the size of this group has increased by 2.0 million.

The number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 2.2 million in November, but was up by 822,000 over the past 12 months.