SF Chronicle: Job Market May Have Hit Bottom

What goes up, must come down ... so is true with Unemployment Rates. The San Francisco Chronicle recently reported that based on January employment statistics, the job market may have hit bottom.

It means that things may get worse, but only marginally .... and the building blocks for recovery are there. Healthy, profitable businesses are still still running lean operations (notice the long lines at banks and popular department stores) This will eventually change as consumers start looking for a better customer experience and not necessarily the best price ...and retailers will be forced to increase staff to normal levels. Not to mention all the turn over from over-worked and stressed employees that are asked to do more than usual as companies stretch the capabilities of their workers.

If you haven't found a job in a while ... don't be discouraged. Keep looking, there are companies making lots of money taking advantage of a desperate (and cheap) labor market. Once they realize that 100's of applicants won't be applying to every opening they have, they will start to treat their workers better and the people that apply to work their better. Keep trying and keep looking.

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