Jobless Claims on the Rise

Doesn’t seem like its a good start to the year off with a rise in the jobless claims — especially when a decrease was forecasted.

Jobless claims increased by 8,000 to 339,000 in the week ended Feb. 8 from 331,000 in the prior period, a Labor Department report showed today in Washington. The median forecast of 52 economists surveyed by Bloomberg called for a decrease to 330,000.  — http://www.bloomberg.com/news/2014-02-13/jobless-claims-in-u-s-increased-to-339-000-last-week.html

I am not sure that I can say that I am all that surprised — many news reports seem to make connections between the soft retail sales in December — that might have something to do with it — but I don’t think its the whole story. Ultimately I think that this is going to be slow to turn around and that there are not quick fixes or miracles.

I’d like to see more people talking about skills-mismatch vs the jobs that are in demand and how to get those better aligned — for the current workforce as well as the future workers.  I think that is the bigger piece that we should be solving for, not just waiting on things to turn around with the economy.

Just my thoughts — what are yours?

Making the HR connection, yours,

 

 

 

photo credit: http://www.prunejuicemedia.com

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