Unemployment rate influences co-op job search
Hannah Alexander
Issue date: 11/13/09 Section: Ed-Op
The U.S. Department of Labor announced in October that the unemployment rate has reached 10.2 percent-the highest it's been in 26 years. An estimated 190,000 jobs were lost in October, and cuts have been made within every sector of the economy including retail, health and education. That brings the government's estimation up to 15.7 million workers that are now out of work. An additional five million still have jobs- but with fewer hours and therefore less of a paycheck. All these statistics and numbers are scary. They are proof that this economic recession is no small deal, and it's a wound that's not going to be fixed with a Band-Aid. Parents trying to support their families are finding themselves on a tight budget; professionals are struggling to hold on to their careers and businesses are declining.
So where does that leave us? As college students we are happy to be learning inside the classroom instead of struggling out there in the real world. But what about those six months that we are in the real world-when we are on co-op? I'm in the five-year co-op program here at Drexel and am about to begin A-round. This time around though, I feel as if I may need an M-round to find a job!
Currently the Obama administration has been working on new ideas for job growth in the U.S. and is evaluating the $787 billion stimulus bill passed this year. "My economic team is looking at ideas such as additional investments in our aging roads and bridges, incentives to encourage families and businesses to make buildings more energy efficient, additional tax cuts to spur hiring, and more steps to ease the flow of credit to small business," Obama said.
However, the stimulus plan has proven to be a non-stimulant, and in the job market, it seems as if it's a real dog-eat-dog world. Job competition has always been tough: for interviews we dress our best, act our best and present the best version of ourselves possible. Now more than ever we are going to need those job-seeking skills to stand out from the crowd that's growing and growing every passing month.
So where does that leave us? As college students we are happy to be learning inside the classroom instead of struggling out there in the real world. But what about those six months that we are in the real world-when we are on co-op? I'm in the five-year co-op program here at Drexel and am about to begin A-round. This time around though, I feel as if I may need an M-round to find a job!
Currently the Obama administration has been working on new ideas for job growth in the U.S. and is evaluating the $787 billion stimulus bill passed this year. "My economic team is looking at ideas such as additional investments in our aging roads and bridges, incentives to encourage families and businesses to make buildings more energy efficient, additional tax cuts to spur hiring, and more steps to ease the flow of credit to small business," Obama said.
However, the stimulus plan has proven to be a non-stimulant, and in the job market, it seems as if it's a real dog-eat-dog world. Job competition has always been tough: for interviews we dress our best, act our best and present the best version of ourselves possible. Now more than ever we are going to need those job-seeking skills to stand out from the crowd that's growing and growing every passing month.
Viewing Comments 1 - 2 of 2
Tom Folkes
posted 11/13/09 @ 10:46 AM EST
Hi,
I have developed an AI based job search tool www.alexlib.info. It allows the user to search all of the job boards (including Craig's list)at one time for as many keywords as the user wants to all on the same page. (Continued…)
dave
posted 11/16/09 @ 1:55 AM EST
This is crap, the administration willingly sent the American jobs to COMMUNIST China.. Now they are sitting around saying they want to fix it,, well, duuuu! But they have done nothing. (Continued…)
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