US Unemployment Hits 26-year High At 9.8% | Ramblings of an e-trader

Saturday 3 October 2009

US Unemployment Hits 26-year High At 9.8%

The United States unemployment rate suffered yet another high in September, 2009 at 9.8% where one in ten workers are without a job. The last time this happened was in 1983. If I remember correctly, that was a global recession as well and everyone suffered too.

Even though the labor market is weak, my friend, Paul, who runs his own business, told me that it is actually a good time to expand now. He would be able to keep his startup cost low as he works at putting his name out to new clientele. He said that he doesn't even have to employ full time staff; just temporary staff will do until the market is more stable and he clinches his first business.

Getting temporary staff to fill positions is not a problem. If you check the website of UNITEMP which is a leading NJ Job Services and on-demand professional temporary and contract staffing company, you would be able to see that they have just the right candidate for you no matter what industry you are in.

UNITEMP serves both employers and job seekers by making it easy for both parties to seek and fill jobs, full or part time, in and around New Jersey.

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