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U.S. Job Market Stalls as October Jobs Report Disappoints, Raising Concerns Ahead of Election Day

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the staff of the Ridgewood blog

Ridgewood NJ, in a turn that has economists and voters taking notice, the Bureau of Labor Statistics reported on Friday that the U.S. added only 12,000 nonfarm payroll jobs in October, marking the slowest monthly growth since December 2020. This comes as a sharp contrast to September’s 223,000 jobs added, indicating an unexpected slowdown in hiring.

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New Jersey Chamber of Commerce Elects Seven New Board Members

the staff of the Ridgewood blog

Trenton NJ, the New Jersey Chamber of Commerce Board of Directors on Oct. 15 elected seven new board members. These accomplished leaders, from a variety of industries and regions across the state, will contribute to the Chamber’s mission of fostering a dynamic and thriving business environment in New Jersey.

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Payrolls Rose 339,000 in May, Much Better than Expected

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the staff of the Ridgewood blog

Washington DC ,(8:37am) total nonfarm payroll employment increased by 339,000 in May, and the unemployment rate rose by 0.3 percentage point to 3.7 percent, the U.S. Bureau of Labor Statistics
reported today. Job gains occurred in professional and business services, government,
health care, construction, transportation and warehousing, and social assistance.

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Payroll Employment Rises by 236,000 in March; Unemployment Rate Unchanged at 3.5%

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the staff of the Ridgewood blog

Washington DC, (8:30 am)total nonfarm payroll employment rose by 236,000 in March, and the unemployment rate changed little at 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in leisure and hospitality, government, professional and business services, and health care. This news release presents statistics from two monthly surveys.

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The Importance of a Background Check: What Information is Visible?

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At some point in your life you may have been told that a background check is being run on you for whatever reason. This can sound daunting, but it’s quite a normal process and, in most cases, is just a routine security measure for a specific purpose. Learning what a background check is and understanding what information is included in a background check can help anybody better understand the report that is being generated on them. 

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Employment Picture Remained Steady

the staff of the Ridgewood blog

Washington DC, yesterday the Bureau of Labor Statistics reported ,total nonfarm payroll employment increased by 223,000 in December, and the unemployment rate edged down to 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality, health care, construction, and social assistance.

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1 in 6 Hiring Managers Have Been Told to Stop Hiring White Men

the staff of the Ridgewood blog

Ridgewood NJ, according to ResumeBuilder.com , while the overwhelming majority agree that DEI initiatives have played an overall positive role at their company, many also expressed concerns about what some are calling “reverse discrimination” in the hiring process.

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Thirty-four RHS Students Honored by National Merit® Scholarship Program

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the staff of the Ridgewood blog

Ridgewood NJ, on September 15, 2021, the National Merit Scholarship Corporation announced the Semifinalists in the 67th annual National Merit® Scholarship Program. Two Ridgewood High School students, Krisha Anant and Lydia Hyunsuh Han, were named among the 16,000 Semifinalists, the highest-scoring entrants in each state representing less than one percent of U.S. high school seniors. These students demonstrated exceptional academic ability and potential for success in rigorous college studies. To advance to the Finalist level, Semifinalists must provide additional information including academic record, school and community activities, leadership, employment, and honors/awards.

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Workers Compensation in Australia

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If you are a worker or a deemed worker and suffering injuries/illnesses as a result of your employment, you may be entitled to claim compensation. Even if the injury occurred was not due to your employers negligence, you can still claim compensation since workers compensation is a no-fault scheme. If your employer failed to take preventive measures that caused your injury and was negligent on the accident, you can also claim work injury damages.

The process of claiming compensation might be mentally wearing and hard to manage while suffering such injuries, therefore, you can lodge a claim with the assistance of a workers compensation lawyer. Continue reading Workers Compensation in Australia

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New Jersey Continues to Lag US job Growth

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the staff of the Ridgewood blog

MORRISTOWN NJ, According to Garden State Initiative (GSI) analysis of the newest jobs numbers issued by the Bureau of Labor Statistics, New Jersey’s employment picture was essentially flat in September as the state lost 200 jobs, the private sector added 900 positions while the public sector shed 1,100 positions.  The numbers stand in contrast to the overall U.S. economy which added 135,000 new jobs in September. The state’s unemployment rate edged lower by .01% to 3.2%. The numbers indicated an increase in the state’s workforce size but a decline in the labor participation rate.

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Helping Your Sons And Daughters Prepare For The Business World

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October 27,2016

the staff of the Ridgewood blog

Ridgewood NJ, Each year, parents send their sons and daughters off to college with high hopes that in four years – give or take – they will earn a degree and embark on successful careers.

But while moms and dads may fret most about grades and study habits, they can give their offspring a real boost if they also insist the students carry some of the financial burden for college, says Matt Stewart, an entrepreneur and co-founder of College Works Painting (www.collegeworks.com/about), an internship program that provides practical business experience for college students.

That means getting a job – either during the school year or over the summer break, or both.

“College students are much more invested in the experience if they have to help pay for college, rather than have mom and dad take care of everything for them,” Stewart says. “There’s a natural tendency to work a little harder on classwork when at least a part of the tuition or dorm room costs come out of your own pocket.”

But beyond that personal-responsibility aspect, it’s worth noting that businesses are seeking job candidates with real-world work experience.

“Those on-the-job lessons are invaluable,” Stewart says.

For example, interns with College Works Painting operate their own house-painting business with hands-on guidance from mentors.

The benefits for students of working their way through college include:

• A regular paycheck. The rising cost of higher education has put paying the full price of college out of reach for many parents, and scholarships and grants often provide only a small percentage of the costs. The more students can pay themselves, the lower their student-loan debt will be when they enter the workforce.
• Practical experience. Nothing prepares you for work like work, Stewart says. A classroom can train students on certain skills necessary for their career choice, but on-the-job experience is just as valuable. Even if a part-time job is unrelated to career aspirations, a student might learn such skills as collaboration, time management and customer relations.
• Resume enhancement. One of the weaknesses recent college graduates sometimes have is their resumes can be skimpy. A few summer jobs can help tremendously, Stewart says, giving managers who might consider hiring you more confidence that you have experience beyond listening to professorial lectures and cramming for final exams.
• Additional references. Hiring managers want to talk with people who know your work habits, and while it’s nice that a favorite professor or a high school football coach is willing to say good things, it’s even better to have references who can discuss relevant job skills.

“Having any job can be beneficial, but if you can you should try to land an especially challenging job or internship,” Stewart says. “When you graduate, you’re going to face stiff competition in the job market. The more you’ve been able to stretch yourself past your comfort zone and develop new skills, the greater the odds are that you’ll be the one picked out of all the applications that come pouring in.”

About Matt Stewart

Matt Stewart is co-founder of College Works Painting (www.collegeworks.com/about), which provides business experience for thousands of college students each year. The award-winning program also offers high-quality house-painting services for homeowners.

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NJ Personal Income Up, Trails Neighboring States

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New Jersey residents enjoyed nearly 3 percent growth in their personal income over the past year, another good sign for a state economy that’s seen its share of mixed signals in 2016. Still, that rate trailed the national pace, mirroring a long-term trend that’s been playing out since the end of the Great Recession. John Reitmeyer, NJSpotlight Read more