23/11/2008

Less Recession-Proof Jobs - Who Will Be Hit Most?




Labor experts say that the difficulties in gathering recession are radical to hurt working poor and young job-seekers the most.

Since the autumn of 2007 in October this year, the proportion of 16 - 19-year-olds working fell by 8 percent, the largest decrease of any age group, and prospects for young people and low-skilled workers in the months ahead is grim, economists say, most industries tend to use them As the home-building and retail sales, given the steep dives.

On Friday, the Bureau of Labor Statistics reported that 240,000 jobs have disappeared in October alone, bringing the unemployment rate to 6.5 percent. But construction, for example, the highest unemployment rate in any industry: 10.8 per cent, compared with 6.1 percent a year ago, leaving entry-level applicants for the cold.
With scarce jobs, many college graduates find themselves taking jobs that do not require a degree, as well as laid-off middle-income workers take low-paying jobs in fields like retailing. Roda domino effect begins to squeeze out less skilled or experienced workers - those who are already at the bottom of the stairs - which are allowed to work part-time and fewer hours if they can find work at all. The most affected age job seekers, especially black men aged or early 20s, no more than secondary education.

Among those ages 16 to 19, access to part-time, full-time and summer jobs have already been reduced on the basis of this decade, and last month, only 31.4 per cent held a job. Next year, Professor amount predicted, readers will be thrown out of the labor market at record levels, "often caused hardship for poor families and young people, causing to miss the experience that studies show have the best jobs in the future. Stumble Upon Toolbar

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