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How is the US Economy
Affecting the HTIR Interns?
Finding a job can be a
difficult task, even for Americans living in the United States.
Many people do not understand the many tips and tricks of getting
employed. They may not know how to effectively network, or how to
write a winning resume, cover letter, or thank you letter.
Many do not know how, or even understand the importance of making a
good first impression during the job interview. Perhaps most
importantly, many Americans do not have the network contacts or job
leads that HTIR, its associates, and universities have.
As you may
know, the unemployment rate in the United States has been
experiencing a recent increase, however, the HTIR interns continue
to secure employment. Why? Because HTIR, its associates, and the
universities are all working together to give the HTIR interns the
proper tools and skills that he/she needs in order to successfully
find and secure employment in the U.S. The assistance provided by
HTIR is similar to having a private "employment coach" who works
with each intern individually, training him/her how to be successful
in obtaining employment.
Below are unemployment
statistics from the US government. Note that the area most
effected by the current US economy are those with no college
education. Because the HTIR interns all have Bachelor degrees
they tend to not be effected by today's economy.
Unemployment rate by
education:
http://www.bls.gov/news.release/empsit.t04.htm
Less than a high school diploma 9.6%
High school graduates, no college
6.3%
Some college or associate degree
5.0%
Bachelor's degree and higher 2.5%
(HTIR interns)
Although
employment has fallen in construction, manufacturing, and retail
trade, other fields continue to add jobs. Health care employment
continued to increase in November 08 with a gain of 35,000 jobs. Job
growth in the industry averaged 30,000 a month over the prior 12
months. Further, computer systems design services and management
and technical consulting services each added 9,000 jobs in
September.
Average
hourly earnings of production and nonsupervisory workers has increased
steadily over the last year, Also, the consumer price index (CPI) or aggregate price of
goods/services is down .1% from last month.
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