Utah’s economy continues to outpace the United States, though we’re losing ground on key economic indicators, we’re losing that ground more slowly than the nation as a whole and many states around the country.
September 2008 Unemployment Rate Utah VS. USA
Click for latest employment situation report
Utah: 3.5%
U.S.: 6.1%
Year-Over Nonfarm Growth
Utah: 0.1%
U.S.: -0.4%
With economists and pundits expecting [...]
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Annually, Fortune Magazine highlights the 100 best companies to work for in the US. Thanks to the economic downturn, many people are looking to recession-proof their jobs, and part of that includes changing jobs.
Here’s the latest list (below), from the February 4, 2008 edition. Find the full Fortune 100 list online.
It’s worth noting that eBay [...]
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A recent survey concerning the effect of high fuel costs on jobseekers and recruiting revealed some interesting information:
“Almost a third of respondents said that fuel costs have affected their recruiting efforts, as job applicants are less willing to make lengthy commutes. What’s more, eleven percent of candidates are seeking higher salaries, purportedly due to high [...]
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Matthew Reinbold was kind enough to use a few of my comments in a recent piece on Utah Job Growth at UtahPulse.com.
Here’s some of the takeaways:
“Unemployment is still below the generally-accepted measure for ‘full-employment’ of 4-5%,” Robert Merrill, Technical Account Manager for SOS Engineering and Technology, said. “This means that people who would otherwise choose [...]
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There’s no question something interesting is happening with Utah’s professional/technical workforce right now, and I think there are no less than four competing factors at play any business-owner should be paying very close attention to:
Real and Wage Inflation
Intense Competition for Talent
Corporate cost-cutting
High Energy/Commute Costs
The hardest part to pin-down is that the economic indicators show a [...]
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It’s likely a result of the current economy, but we have noticed a very high percentage of people coming to us and looking for part-time or extra work on graveyards/evenings/weekends.
These are generally very talented individuals who like their current job/employer, but are looking for additional work to take on.
Likewise, these same people are usually willing [...]
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I saw an email from Yahoo’s Hot Jobs career center just now and clicked hoping for some great advice on cutting my commute costs.
Well, lets just say what I read was, um, more of the same:
Take the bus
Carpool
Ride your bike
Telecommute
With oil predicted to hit $150/barrell in a month, and prices at the pump currently over [...]
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Photo by Yandle. Licensed under Creative Commons license 2.0.
The Green Autoblog reports that the US workforce may be switching to a four-work-day week in response to higher gas prices and pressure to be smarter about requiring commutes. They point to this reuters article explaining how the four-day week is becoming a benefit in otherwise cash-strapped [...]
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Kiley Newbold, fellow blogger and colleague, asked the following question on LinkedIn:
How much is the state of the economy (I.E. the alleged impending recession) a result of media hype?
I am convinced the media plays a major role in stimulating or slowing the economy. Please share your thoughts on this. To what extent will the [...]
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(We almost got some alliteration there, eh?)
Yahoo Hot Jobs blog (oh, they call them “Career Articles”) noted Five Factors That Will Affect Your Career This Year, by Caroline Levchuck, Yahoo! HotJobs
The Housing Crisis
The High Price of Fuel
The U.S. Presidential Election
Generation Y
The Global Economy
Need to Search for a New Job?
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