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

Obama: I Will Do 'Everything I Can' to Close Guantanamo

US president says prison continues 'to inspire jihadists and extremists around the world' More

Sierra Leone Educates on Safe Ebola Burials

Also, country is improving at rapid response to isolated outbreaks, but health workers need to be even faster, officials say More

Christmas Gains Popularity in Vietnam

Increasingly wealthy Vietnamese embrace holiday due to its non-religious glamor, commercial appeal 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.
Jane Monheit Christmas Speciali
X
December 22, 2014 8:15 PM
Chanteuse Jane Monheit sings the holiday classic “Have Yourself a Merry Little Christmas,” and explains why it’s her favorite song of the season.
Video

Video Jane Monheit Christmas Special

Chanteuse Jane Monheit sings the holiday classic “Have Yourself a Merry Little Christmas,” and explains why it’s her favorite song of the season.
Video

Video US Decision on Cuba Underscores Divisions Among Miami Cubans

For decades, older, more conservative Cubans have been gathering at Café Versailles on the corner of Calle Ocho to eat Cuban food and talk politics. After hearing of President Barack Obama’s decision, a number of them gathered in front of the café with posters to protest. VOA's Sharon Behn reports on the situation.
Video

Video Three Cities Bid for Future Obama Presidential Library

President Barack Obama still has two years left in his term in office, but the effort to establish his post-presidential library is already underway. The bid for the Obama Presidential Library is down to four locations in three states -- New York, Hawaii, and Illinois. As VOA’s Kane Farabaugh reports, each of them played an important part in the president’s life before he reached the White House.
Video

Video Cuba Deal is Major Victory for Pope’s Diplomatic Initiatives

Pope Francis played a key role in brokering the US-Cuba deal that was made public earlier this week. It is the most stunning success so far in a series of peacemaking efforts by the pontiff. VOA religion reporter Jerome Socolovsky has more.
Video

Video Fears of More Political Gridlock in 2015

2014 proved to be a difficult year politically for President Barack Obama and a very good year for the U.S. Republican Party. Republican gains in the November midterm elections gave them control of the Senate and House of Representatives for the next two years -- setting the stage for more confrontation and gridlock in the final two years of the Obama presidency. VOA National Correspondent Jim Malone has a preview from Washington.
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.

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.