2.5 million job openings; 15 million job hunters

On the last business day in September, U.S. employers had 2.5 million job openings, the U.S. Bureau of Labor Statistics reported today.

That compares to 15.1 million unemployed persons previously reported for that month.

The job separations rate continued to outpace the job hires rate in the month, the bureau said.

The separations rate -- the total number of job terminations divided by the employment total and multiplied by 100 -- was 3.3 percent.

The hires rate -- the total number of new hires divided by the employment total and multiplied by 100 -- was 3.1 percent.

The number of job openings has fallen by 2.3 million, or 48 percent, since its recent peak in June 2007.

The total separations rate generally has decreased over the 12 months ending in September.

Submitted by Diane Stafford on November 10, 2009 - 10:23am.
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Submitted by Anonymous on November 10, 2009 - 11:12am.

How is the work getting done? Does this mean the companies are hiring the $1/hr Indians t0 get the work done?


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Free Financial Advice

4/9/09

Question:

BRB asks

Who do I talk to for financial advice that does not involve them trying to sell me something? We are 60 and 59, have a 200,000 annuity, are 60-70,000 credit card debt, have a house that is half paid for,own a condo in fl that is not paying for itself, have a good credit rating, not behind on anything, not facing foreclosure, wife on disability, husband still working, Want to pay off credit cards, but don't know how. Should we use part of annuity? I just want to know who to ask for help. Thanks

Answer:

It looks like you would be well served by a comprehensive financial plan which would address your concerns and give you a clear picture of where you are at financially. Financial advisors are paid in two different ways. Some receive commissions for the products they sell you. There are also fee only financial planners who work for you for a set fee and sell no products. In their case you know exactly how much it will cost you up front. It would also be preferable to use a financial planner who is a Certified Financial Planner.

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G. Douglas Dunham

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Submitted by FPA on April 9, 2009 - 2:00pm.
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