Employment Data Report 2011: Are We Entering A Double Dip Recession?
On the heels of the debt crisis, U.S. credit rating downgrade, and ensuing stock market volatility, the U.S. economy is clearly in a state of uncertainty. The question is, how will this instability impact the nation's unemployment rate, already hovering above 9%, and employers' willingness to hire new employees in the weeks and months to come? This Nexxt employment data report analyzes job posting volume from January to August 2011, compared with Bureau of Labor Statistics (BLS) unemployment rates for the same time period. We've also examined job posting data in relation to the timeline of the recent debt crisis controversy, as well as some bright spots in the hiring landscape. Download the pdf.