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

Video China Investigates Powerful Former Security Chief

Analysts say move by President Xi is an effort to win more party support, take step toward economic reforms, removing those who would stand in way of change More

South Africa Land Reforms Still Contentious 20 Years Later

Activists argue that the pace of land reform is slow and biased; legal experts question how some proposed reforms would be implemented More

In Vietnam, Religious Freedoms Violated, UN Finds

Beliefs reportedly prompt heavy surveillance, intimidation and travel restrictions 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.
Information War Rages Alongside Real One in Ukrainei
X
Al Pessin
July 31, 2014 8:13 PM
The downing of the Malaysian airliner two weeks ago, and allegations that Russians are shelling Ukrainian troops across the border, have moved the information war swirling around the Ukrainian conflict to a new level. VOA's Al Pessin reports from Kyiv.
Video

Video Information War Rages Alongside Real One in Ukraine

The downing of the Malaysian airliner two weeks ago, and allegations that Russians are shelling Ukrainian troops across the border, have moved the information war swirling around the Ukrainian conflict to a new level. VOA's Al Pessin reports from Kyiv.
Video

Video When Fighting Eases, Gazans Line Up at Bakeries

When there is a lull in the conflict in Gaza, residents who have been hunkered down in their apartments rush out to stock up on food and other necessities. Probably the most important destination is the local bakery. VOA’s Scott Bobb reports from Gaza City.
Video

Video US-Funded Program Offers Honduran Children Alternative to Illegal Immigration

President Obama and Central American leaders recently agreed to come up with a plan to address poverty and crime in the region that is fueling the surge of young migrants trying to illegally enter the United States. VOA’s Brian Padden looks at one such program in Honduras - funded in part by the United States - which gives street kids not only food and safety but a chance for a better life without, crossing the border.
Video

Video 'Fab Lab' Igniting Revolution in Kenya

The University of Nairobi’s Science and Technology Park is banking on 3-D prototyping to spark a manufacturing revolution in the country. Lenny Ruvaga has more for from Nairobi's so-called “FabLab” for VOA.
Video

Video Gazans in Shelled School Sought Shelter

Israel's air and ground assault against Hamas-led fighters in Gaza has forced many Palestinians to flee their homes, seeking safety. But safe places are hard to find, as VOA’s Scott Bobb reports from Jabaliya.
Video

Video Rapid Spread of Ebola in West Africa Prompts Global Alert

Across West Africa, health officials are struggling to keep up with what the World Health Organization describes as the worst ebola outbreak on record. The virus has killed hundreds of people this year. U.S. President Barack Obama and other world leaders are watching the developments closely as they weigh what actions, if any, are needed to help contain the disease.
Video

Video Michelle Obama: Young Africans Need to Embrace Women's Rights

U.S. first lady Michelle Obama urged some of Africa's best and brightest to advocate for women's rights in their home countries. As VOA's Pam Dockins explains, Obama spoke to some 500 participants of the Young African Leaders Initiative, a six-week U.S.-based training and development program.
Video

Video Immigrant Influx on Texas Border Heats Up Political Debate

Immigrants from Central America continue to cross the U.S.-Mexico border in south Texas, seeking asylum in the United States, as officials grapple with ways to deal with the problem and provide shelter for thousands of minors among the illegal border crossers. As VOA's Greg Flakus reports from Houston, the issue is complicated by internal U.S. politics and U.S. relations with the troubled nations that immigrants are fleeing.
Video

Video Study: Latino Students Most Segregated in California

Even though legal school segregation ended in the United States 60 years ago, one study finds segregation still occurs in the U.S. based on income and race. The University of California Los Angeles Civil Rights Project finds that students in California are more segregated by race than ever before, especially Latinos. Elizabeth Lee reports for VOA from Los Angeles.

AppleAndroid

World Currencies

EUR
USD
0.7305
JPY
USD
101.53
GBP
USD
0.5830
CAD
USD
1.0656
INR
USD
60.075

Rates may not be current.