Press release
One Million Jobless Americans Have Exhausted Their Benefits, Hound Finds 206,000 Jobs.
These one million Americans have still not being able to find work in a sign that shows how tough the labor market is at the moment. There were another 8.2 million unemployed Americans who were getting unemployment benefits for the week ending April 9. A year ago, the figure stood at 10.5 million Americans.
Another factor hurting the economic recovery is the fact that college graduates are not getting jobs in their fields or even jobs that actually require a college degree. A study done by the Center for Labor Market Studies at Northeastern University estimates that there are 1.94 million graduates under the age of 30 who are in jobs that do not require a college degree.
The study estimates that at present, only 60 percent of college graduates are in jobs that require a college degree. The scenario is unlikely to improve for most of the 1.7 million students who are going to graduate with an undergraduate degree in a few months. Another 687,000 students will graduate with their masters’ degree.
Hound CEO A. Harrison Barnes says that applying to smaller and midsized firms directly can help recent college graduates. Hound is a job search engine that searches for job listings directly from employers’ websites. The site has been able to find 206,000 job listings all over the country from employer websites.
Hound is the world leader in the monitoring and reporting of jobs on employer websites, through its active and growing research into all employers throughout the world. With over 300 employees working round the clock, Hound goes to employer websites, collects information about job openings, and reports everything it finds to its members. There are over 700,000 employer jobs listed currently on the site.
Hound has been named one of the Top 20 Best Job Sites by PC Magazine, the #1 Job website by Applicant.com and+ among the 10 Best Online Job Search Sites by geeksugar. Hound is a company owned by Employment Research Institute, one of the world's largest conglomerates of job search-related companies.
Roger CroftAddress : 202 S Lake Ave, Unit 250
City/Town : Pasadena
State/Province : California
Zip : 91101
Country : United States
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