Pasadena, CA -- (SBWire) -- 09/09/2011 --US Government doesn't have a clear answer on how to create permanent new jobs on a national scale. According to the forecasters, to fix recession damage and to keep pace with adult population growth, around 20 million new jobs will have to be created over the next 10 years.
But so far, the indicator has hardly moved unemployment down, and stayed close to or beyond an alarming recession-level 9 percent for 29 months. It was 9.1 percent in August, same as July with absolutely no net job gains during the month.
Round about 16 million Americans are unemployed, nearly 8 million of them for at least six months. 25 million are unemployed and underemployed which represent 16 percent of the adult population. The availability of one job for every four job seekers is making the situation even worse.
Referring to unexpected flaws in the financial system, forecasters of White House believe that unemployment will continue at around 9 percent well into the next year's election season, altering the conflict that it might drop to about 8.3 percent next year.
EmploymentCrossing is breaking the myth that recession might persist in the next year. It has been able to track over 250,000 jobs in US. It also lists 43,000 + jobs each in healthcare, 35,000 + managerial jobs while 34,000+ jobs in information technology sector and 26,000 + blue collar jobs are available in the state. You get an option of searching for profession specific jobs as well as geographic specific jobs on EmploymentCrossing.
EmploymentCrossing Doesn't Believe Recession Might Still Persist, Finds over 250,000 Jobs in US
But so far, the indicator has hardly moved unemployment down, and stayed close to or beyond an alarming recession-level 9 percent for 29 months.