Hound garners almost 100,000 jobs in last seven days even as nationwide unemployment reported at 16.5%.

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July 07, 2010

Pasadena, CA — The government's broader measure of unemployment has decreased only by 0.1 point to 16.5% this June, according to newly released data from the Labor Department.

This definition of unemployment takes into account people who have stopped looking for work or who can't find full-time jobs. The figure went up in June because of an increase in the number of discouraged workers, who are only marginally attached to the labor force. There are a total of 1.2 million discouraged workers. The number of long-term unemployed (unemployed for 27 weeks and more) was 6.8 million which accounted for 45.5% of total unemployed.

Most of the news articles carrying stories of the long term unemployed talk about how tough it is for these individuals to find work. The reasons listed are their lack of relevant skills, age discrimination and employers preferring to hire people currently employed. On this, CEO of Hound, A. Harrison Barnes, says that news on the jobs front is not as bleak as the media reports it to be. ''Job losses in entire regions are a reality, but then there are plenty of places where thousands of jobs are available. Just this past week we have been able to compile almost 100,000 jobs.''

The main states where jobs seem to be available in large numbers are: Illinois (18,652), Massachusetts (15,410), North Carolina (11,811), Pennsylvania (17,873), California (52,736), and Washington (12,231).

Contact:
Roger Croft
Editorial Coordinator
Hound.com
rogerc@hound.com

About Hound:
Hound is the world leader in the monitoring and reporting of jobs on employer websites, through its active and growing research into all employers throughout the world. With over 300 employees working round the clock, Hound goes to employer websites, collects information about job openings, and reports everything it finds to its members. There are over 700,000 employer jobs listed currently on the site.

Hound has been named one of the Top 20 Best Job Sites by PC Magazine, the #1 Job website by Applicant.com and among the 10 Best Online Job Search Sites by geeksugar. Hound is a company owned by Career Mission, one of the world's largest conglomerates of job search-related companies.


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