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Newport Beach, California, United States
I have extensive senior level leadership experience in the recruiting, career management, and staffing industry and have been instrumental in building three successful staffing businesses. I have been responsible for the development of business strategy, ensuring organizational effectiveness, corporate leadership, driving change, accounting, information technology, marketing and raising venture capital. I’d like to connect and network with a vast array of professions that are interested in building the world’s first recruiting, career management and staffing (US Staffing Industry ~140 billion revenues) community that is owned by its participants. The pay-for-performance platform pays each participant in the collaborative value network commission in direct proportion to their performance and the performance of others. Contact me anytime: 949-612-6085 x32 E-mail: george@staffingforce.com

Friday, May 02, 2008

U.S. unemployment rate dropped in April

U.S. unemployment rate dropped in April

Published: May 2, 2008 at 9:31 AM

WASHINGTON, May 2 (UPI) -- The U.S. unemployment rate dropped to 5.0 percent in April, the U.S. Labor Department announced Friday and the economy lost another 20,000 non-farm jobs.
The number recorded as unemployed was "little changed" at 7.6 million, the report said.

The previous monthly unemployment rate was 5.1 percent. A year ago, 6.8 million were unemployed with an unemployment rate of 4.5 percent, the report said.

The U.S. economy, however, has lost 260,000 jobs since the beginning of the year.
Most groups showed little or no change in April. The unemployment rate for men stands at 4.6 percent, for teenagers 15.4 percent, for whites 4.4 percent, for blacks 8.6 percent and for Hispanics 6.9 percent.

The unemployment rate for women decreased slightly in April to 4.3 percent.
Those working part-time jobs to supplement their incomes rose in April by 306,000 people to a total of 5.2 million.

The number of discouraged workers, who have quit looking for jobs, is about the same as a year ago at 412,000. Another 1 million have stopped looking for work to attend school or tend to family responsibilities, the report said.

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