Tim McMahon, Editor of UnemploymentData.com

My grandfather lived through the Hyperinflation in Weimar, Germany--to say he was an original “gold bug” would be an understatement. I began reading his “hard money” newsletters at the age of 16 and the dividends from gold stocks helped put me through college. I began publishing the Financial Trend Forecaster paper newsletter in 1995 upon the death of James Moore editor of Your Window into the Future and the creator of the Moore Inflation Predictor©. FTF specializes in trends in the stock market, gold, inflation and bonds. In January of 2003, I began publishing InflationData.com to specialize in all forms of information about the nature of Inflation. In 2009, we added Elliott Wave University to help teach you the principles of Elliott Wave analysis. In January 2013, we began publishing OptioMoney. Connect with Tim on Google+.

A Guide to Avoiding Unemployment After High School

November 20, 2020 by Tim McMahon

College is the default option for many after graduation, but college isn’t right for everyone. Many students who leave high school believe that they are unable to further their education because they can’t afford the hefty student loan that goes hand-in-hand with the college experience. But there are alternatives to student loans including Community colleges, trade schools, and night classes that allow you to “pay-as-you-go” i.e. while you are working a regular job. Some employers will even help out with the cost of additional education if it will make you a better employee.

Another possibility to consider is looking to secure a scholarship. If you excel at a particular subject or sport, you may be able to gain a free education, and it is easy to apply for many of these opportunities. For instance, at ASM Scholarships, their college wrestling scholarship will allow you to combine both academic studies with your talent for sports to enable you to secure a bright future and to gain the education that employers are looking for.

Use Your Family Connections

Although you might feel like [Read more…] about A Guide to Avoiding Unemployment After High School

How to Improve Your Job Hunt

November 13, 2020 by Tim McMahon

Being out of work for an extended period can be difficult. Without a job to keep you occupied, your routine can start to come undone, leading to feelings of worthlessness. Added to that is the exhausting ordeal of job hunting, which for obvious reasons can take up the majority of your time.

Spending a long period of time searching for the right position can easily get the better of people as constant rejection may get you down and demotivate you. Despite that, a period of job hunting doesn’t have to be that bad, as there are steps and measures you can take to not only improve your chances of finding employment but also make the process a lot easier. Here are some things to help make job hunting that little bit easier.

Don’t Rush

Once they find themselves out of work, many people get panicked by the prospect of no income and end up rushing into applications and applying for as many different roles as they can. This scattergun approach isn’t the best way to go about things and can in fact contribute to a lack of success.

It’s vital to take your time when searching and applying for jobs and to really engage with the job description. You first want to evaluate if your experience and skills match the job, and then decide if the role is something you actually want to do. Being more measured and only applying to roles that suit you well will make you far more composed and will also give you more time to create a cracking application.

Denied Workers’ Comp: How to Get the Money You Deserve

November 13, 2020 by Tim McMahon

Being injured at your place of work can be a terrifying and painful experience. Even worse for many is that it could prevent your ability to continue working to support your family. It is widely understood that workers’ compensation exists to pay injured workers for lost wages and medical bills due to workplace injury. In many cases, it also prevents workers from suing their employers directly.

However, what happens when workers’ compensation fails to pay what you are owed? Here’s what you should do when you have been denied by workers’ comp.

Determine Why It Was Denied

In most cases, why you were denied workers’ compensation income should be explained in the denial letter. Finding out the reason why is important because the decision may have been made in error. In certain cases, your employer may have actually lied. For example, your employer may say your injury was the result of horseplay when that was not the case.

Collect and Retain Evidence

Disputing the claims made by a [Read more…] about Denied Workers’ Comp: How to Get the Money You Deserve

Healthcare Careers on the Rise

November 10, 2020 by Tim McMahon

Currently, careers in healthcare are arguably more in-demand than they have ever been. With a large sector of the population approaching retirement age and more and more people opting to have and use health insurance, there is a shortage of healthcare providers that is rather on the unprecedented side.

This shortage applies to most jobs in the field of healthcare. Physicians, nurses and technicians are all in short supply. This is particularly true for regions and states that are more rural in nature as it can be more difficult to provide good healthcare to parts of the population that are more set apart from bigger cities and more highly populated areas.

While a shortage in healthcare providers is naturally not a positive thing, it does mean, however, that job opportunities in a variety of specializations are plentiful. The level of job security within the healthcare community, as well as enticing salaries, are enough to encourage many people to pursue a career in healthcare.

Here are three such careers that are currently on the rise:

Radiologic Technologist

One career in healthcare that is in particular demand at the moment is that of radiologic technologist.

What is a Radiologic Technologist? If you have ever been to a hospital or private practice where you had to receive an MRI, a CT scan, or something of that nature, then you have encountered one of these skilled technicians.

Often referred to as rad techs, a radiologic technologist operates the machinery involved in the capturing of diagnostic images. The equipment that rad techs operate and the information that can be gained from such imaging procedures is crucial to a physician’s ability to provide an accurate and precise diagnosis to a patient.

According to the U.S. Bureau of Labor Statistics Occupational Outlook Handbook, the median annual wage for magnetic resonance imaging technologists was $73,410 in May 2019. And the median annual wage for radiologic technologists and technicians was $60,510.

October Employment Up 1.6 Million

November 7, 2020 by Tim McMahon

Employment Increased by 1.6 Million in October

The U.S. Bureau of Labor Statistics (BLS) released its employment / unemployment report for October on November 6^th.

Unadjusted U-3 was Down from 7.7% to 6.6%.
Adjusted U-3 was Down from 7.9% to 6.9%.
Unadjusted U-6 was Down from 12.4% to 11.6%.
Labor Force Participation rose from 61.4% to 61.7%.
Unadjusted Employment up from 141.854 million to 143.459 million.

According to the Commissioner of the U.S. Bureau of Labor Statistics:

“Total nonfarm payroll employment rose by 638,000 in October, and the unemployment rate declined to 6.9 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor market reflect the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain it. In October, notable job gains occurred in leisure and hospitality, professional and business services, retail trade, and construction. Employment in government declined.”

Of course, they are talking about “Seasonally Adjusted Jobs” from the “Current Population Survey (CPS)” rather than looking at the results reported by actual companies in their “Current Employment Statistics survey (CES)”

But looking at the CES report we see…
Originally the BLS reported 141.855 million jobs for September, this month they only adjusted that slightly.
So currently they are saying 141.854 million jobs for September and 143.459 million for October.
which is actually an increase of 1,604,000 jobs based on their original estimates.

3 Top Tips for Climbing the HR Career Ladder

October 26, 2020 by Tim McMahon

When we think of HR or Human Resources we usually think of the gatekeepers to getting the job that we want. But… what if you want to get a job as a gatekeeper?

Pursuing a successful career in human resources is a challenging task, there’s no denying that. If you want to increase your chances of reaching the top of this particular career ladder, it’s essential that you put the advice laid out below into practice.

Here are three tips for climbing the HR career ladder:

Attain a Good Education

If you want to stand out from the crowd in your talent pool, you need to go above and beyond to showcase your industry expertise. The best way to do this is to attain a high level of education in your field. Most of your contemporaries will have been awarded bachelor’s degrees in either business management, economics, finance, or psychology. To showcase the fact that you are a more attractive job candidate than them, you could get yourself a B.S or better yet a Master of Science degree specifically in the HR field.

If you can’t afford to put your career on pause in order to go back to university you can enroll in an online course like Touro University MS in Human Resource Management, you will have the opportunity to study whenever, wherever, and however you like. This curriculum is taught 100% online, which means that you won’t have to worry about it disrupting your day-to-day working schedule. Once you graduate, you will be ready to take on a variety of leadership roles in the field of HR, including labor relations management.

Take Advantage of Social Media

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Understanding Students Helps University Marketing

October 20, 2020 by Tim McMahon

If you run (or are involved in the running of) an educational establishment, having a knowledge of how a student typically chooses which course to study can be hugely beneficial in devising your next marketing strategy.

Education is a highly competitive industry, with establishments pitching against each other for enrollments to help fund their on-going work, research, and development. Planning the right marketing strategy can mean the difference between a student attending your institution or going elsewhere—so having a better understanding of what undergraduates are typically looking for can help you to better promote your university.

The Importance of Good Website And Search Engine Optimization

Almost everything we do these days starts with online research, and Generation Z is no different. In fact, Gen-Z (in most cases, your target market) is the most internet-dependent in history and your website will likely be their first port of call when searching for where to apply. Indeed, a recent study found that 50% of all applications were made on the basis of a university’s website. Having a professional, well-informed website is crucial in aiding the decision-making process of prospective students.

Moreover, you should also remember the importance of search engine optimization (SEO) in helping applicants find your website among the myriad of other educational establishments. SEO is a complex process aimed at making websites appear higher in results generated under specific terms (for example, “universities offering biochemistry degrees USA”).

For the best results, consider working with a student enrollment marketing agency that will look after all sides of your online marketing and promotion, thereby helping you build a stronger online profile and increasing your likelihood of being found in searches.

https://youtu.be/vzzBhKRBHq4

Broaden Your Horizons and Expand Your Success

October 16, 2020 by Tim McMahon

At the height of the pandemic over 23 million jobs were lost in the U.S. Consequently, the pandemic left many people at a crossroads in their lives. If you are among them and have lost your job, you may be having to make major decisions in your life.

Should you wait in case your previous job becomes available again? Or is this an opportunity to take a new direction in life, broaden your horizons and learn new skills?

Why not take a minute to stop and see how you can broaden your horizons and accomplish much more than you realized by reading our in-depth article.

Start A Blog

Do you have marketable skills? Regardless of the answer in your mind right now, the answer is yes!

Whether you have trained as an industry professional or worked behind a desk for 10 years, you have likely picked up hard or soft skills that other people can benefit from. [Read more…] about Broaden Your Horizons and Expand Your Success

Need a New Job Fast? Positions You Can Get With Quick Training

October 9, 2020 by Tim McMahon

Whether you’re looking to switch careers or secure a better paying job, the careers out there are endless. According to the Bureau of labor and statistics, there is a big difference in salary compensation among skilled and unskilled workers. This means that you will be at an advantage if you have a marketable skill set. But you may wonder, which are the best jobs that I can get with quick training? Below are some of the positions you can look out for.

Web Developer

Web developers are in charge of creating and maintaining websites. Some of the best developers earn about $119,000 per year. To get such a job, one does not need to have a degree in programming or similar skills. On the other hand, an online course can equip you with the skills necessary skills required. There are several paid and free programming courses on the internet. YouTube tutorials can be a great place to start.

Chef / Cook

Cooks work everywhere that food is prepared including restaurants, schools, hospitals, private households, and other places. Restaurants are always looking for good efficient cooks. Most cooks learn their skills through on-the-job training and related work experience. Although no formal education is required, some restaurant cooks attend culinary school. Overall employment of cooks is projected to grow 10 percent from 2019 to 2029, much faster than the average for all occupations. Individual growth rates will vary by specialty.

Cooks usually work under the direction of chefs, head cooks, or food service managers. Large restaurants and foodservice establishments often have multiple menus and a large kitchen staff. Teams of restaurant cooks, sometimes called assistant cooks or line cooks, work at assigned stations equipped with the necessary types of stoves, grills, pans, and ingredients.

Railroad and Transit Police

Depending on [Read more…] about Need a New Job Fast? Positions You Can Get With Quick Training

September Employment Up 1.25 Million not 661,000

October 3, 2020 by Tim McMahon

Employment Increased by 1.25 Million in September

The U.S. Bureau of Labor Statistics (BLS) released its employment / unemployment report for September on October 2nd.

Unadjusted U-3 was Down from 8.5% to 7.7%!
Adjusted U-3 was Down from 8.4% to 7.9%!
Unadjusted U-6 was Down from 14.3% to 12.4%!
Labor Force Participation fell from 61.7% to 61.4%.
Unadjusted Employment up from 140.718 million to 141.855 million.

According to the Commissioner of the U.S. Bureau of Labor Statistics:

“Nonfarm payroll employment increased by 661,000 in September, and the unemployment rate fell to 7.9 percent. These improvements reflect the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain it.

In September, employment continued to increase in several industries, with the largest gains in leisure and hospitality, in retail trade, in health care and social assistance, and in professional and business services. By contrast, employment declined in government, mainly in state and local government education.”

Of course, he is talking about “Seasonally Adjusted Jobs” from the “Current Population Survey (CPS)” rather than looking at the results reported by actual companies in their “Current Employment Statistics survey (CES)”

But looking at the CES report we see…
Originally the BLS reported 140.598 million jobs for August, they added 120,000 jobs since that estimate.
So currently they are saying 140.718 million jobs for August and 141.855 million jobs for September which is actually an increase of 1,257,000 jobs based on their original estimates.