News / Economy

US Unemployment Steady At 7.6%

Corporate recruiters (R) gesture and shake hands as they talk with job seekers at a Hire Our Heroes job fair targeting unemployed military veterans and sponsored by the Cable Show, a cable television industry trade show in, Washington, June 11, 2013.
Corporate recruiters (R) gesture and shake hands as they talk with job seekers at a Hire Our Heroes job fair targeting unemployed military veterans and sponsored by the Cable Show, a cable television industry trade show in, Washington, June 11, 2013.
The U.S. unemployment rate remains at 7.6 percent.  Friday's report from the Labor Department also says the economy had a net gain of 195,000 jobs.  While the U.S. unemployment rate is better than it was during the financial crisis, it is still high in comparison to the average rate over the past couple of decades.  Researchers are seeking reasons for the slow job market recovery.

Economists and others say fast-changing technology and a mismatch between workers' skills and employers' needs get some of the blame for the frustratingly slow recovery in the U.S. job market.   

With that in mind, researchers at the ACT company have been evaluating millions of workers over five years to see if they have key skills employers want -- applied mathematics, reading for information, and finding and analyzing information.

U.S. unemployment, June, 2012 - June, 2013U.S. unemployment, June, 2012 - June, 2013
x
U.S. unemployment, June, 2012 - June, 2013
U.S. unemployment, June, 2012 - June, 2013
They found that people with more education tended to do better on the tests, but ACT's Hope Clark says higher education did not guarantee high levels of skill.  She says many applicants struggled with tests of their ability to locate information and organize it in ways that are useful in the workplace, such as charts and graphs.  

“If our nation does a better job of understanding the skills and requirements for jobs that are demanded by employers, we can do a much better job of making sure that our existing workforce and our future workforce have those skills that employers are looking for," Clark said.

ACT is well known for testing prospective college students to see if they are ready for university-level work.

Meantime, some researchers at the Massachusetts Institute of Technology say impressive advances in computer technology may be the cause of sluggish employment growth for the past 10 or 15 years.

Past technological surges have eliminated some jobs, changed the nature of work, but eventually created more and often better jobs.

MIT's David Rotman monitors the university's research and says studies show this time may be different with a net loss in the job market.  Computers have been taking jobs in manufacturing, clerical and retail work, and improved machines and software may expand into law, financial services, education and medicine.

“So one scenario is that machines will increasingly do a very broad range of jobs and tasks, and the pace of technology deployment and progress will continue to accelerate," he said.

Rotman is the editor of MIT's Technology Review.  He says some scholars think the nature of work is changing, with middle class jobs in the post office and customer service, for example, going away, while highly-paid work creating high technology grows, and hard-to-automate low-wage jobs in the service sector expand.

You May Like

India PM Modi's party distances itself from religious conversions

BJP under fire for being slow to rein in hardline affiliate groups allegedly trying to promote a Hindu-dominant agenda by luring Muslims and Christians to convert to Hinduism More

Anti-Whaling Group Found in Contempt of Court

Radical environmentalists who threw acid and smoke bombs at Japanese whalers in the waters off Antarctica continue their campaign to disrupt Japan's annual whale hunt More

UN's Ban Urges End to Discrimination Against Ebola Workers

Ban was speaking in Guinea on the second day of a whistle-stop tour aimed at thanking healthcare workers of the countries at the heart of the epidemic More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Sudan School Becomes Target of Aerial Attacksi
X
December 19, 2014 12:45 AM
The school dropout rate is at an all-time high in Sudan's South Kordofan state because many schools have been destroyed during the three-year civil war between the government and SPLA-N rebel forces. Adam Bailes visited Sudan's Nuba Mountains' region and reports many children are simply too scared to go to school
Video

Video Sudan School Becomes Target of Aerial Attacks

The school dropout rate is at an all-time high in Sudan's South Kordofan state because many schools have been destroyed during the three-year civil war between the government and SPLA-N rebel forces. Adam Bailes visited Sudan's Nuba Mountains' region and reports many children are simply too scared to go to school
Video

Video VOA Reporter Tours Devastated Peshawar School

Islamist militants wearing military uniforms and strapped with explosives attacked a military run school Tuesday in the northwestern Pakistani city of Peshawar. At least 141 people were killed in the horrific attack, most of them young students. VOA reporter Ayaz Gul visited the devastated school and attended the funeral of the principal who courageously tried to save her students from the deadly attack.
Video

Video Nigerians Fleeing Boko Haram Languish in Camp Near Capital

In its five-year effort to impose Islamic law in northeastern Nigeria, the Boko Haram extremist group has killed thousands of people and forced hundreds of thousands to flee. Some of those who ran for their lives now live in squalor on the edges of the capital, Abuja. Chris Stein reports for VOA.
Video

Video Putin Says Russian Economy Will Emerge Stronger

Russian President Vladimir Putin has said his country's sinking economy will not only recover but also become stronger, despite falling oil prices and Western sanctions over Ukraine. VOA's Daniel Schearf reports.
Video

Video Detained Turkish Journalists Follow Teachings of US-Based Preacher

The Turkish government’s jailing of critical journalists has sparked international condemnation and is being seen as an effort to undermine the followers of an ailing Turkish preacher based in the United States. VOA religion reporter Jerome Socolovsky has more.
Video

Video ‘Anti-Islamization’ Marches Increase Tensions In Germany

Anti-immigrant rallies in Germany have been building in recent weeks, peaking Monday night in the city of Dresden where tens of thousands of people turned out to demonstrate against what they call the ‘Islamization’ of the West. Germany has offered asylum to more Syrian refugees than any other country, and this appears to have set off the protests. Henry Ridgwell reports from London.
Video

Video Aceh Rebuilt Decade After Tsunami, But Scars Remain

On December 26, 2004 there was an earthquake in the Indian Ocean so powerful it caused the Earth’s axis to wobble a few centimeters. Onshore on the island of Sumatra, the resulting tsunami was devastating. A decade later, VOA Correspondent Steve Herman reports from Banda Aceh, Indonesia, where although there is little remaining evidence of the physical devastation, the psychological scars among survivors remain.
Video

Video Refugees Living in Kenya Long for Peace in the Home Countries

Kenya is host to numerous refugees seeking safe haven from conflict. Immigrants from Somalia face challenges in their new lives in Kenya. Ahead of International Migrants Day (December 18) Lenny Ruvaga has more for VOA News from the Kenyan capital.

All About America

AppleAndroid

World Currencies

EUR
USD
0.8143
JPY
USD
119.23
GBP
USD
0.6390
CAD
USD
1.1596
INR
USD
63.304

Rates may not be current.