A new Gallup poll suggests that unemployment rates, without seasonal adjustment, have made a significant drop during October. From Sept. 5 to Oct. 23, the unemployment rate was 8.3 percent, a major drop from 9 percent from August to September, the polling organization found.
During the same period last year, Gallup’s figures for U.S. employment were steady or increasing, which the organization said suggests this year’s rate was not fully a result of seasonal hiring patterns.
Gallup said Oct. 27 their findings indicate that next week, the U.S. government is likely to report a seasonally adjusted unemployment rate of less than 9 percent.
The Labor Department reported Oct. 21, “in September, 25 states reported over-the-month unemployment rate decreases, 14 had increases, and 11 and the District of Columbia had no change. Nonfarm payroll employment decreased in 25 states, increased in 24 states and the district, and was unchanged in 1 state.”
The findings echo what the private research group is seeing. Major retailers have announced that they were adding thousands of new temporary employees for the holidays, which may explain how minimally these companies were staffed throughout the year, Gallup analysts reported.
The growth could suggest that companies planned early to grow in the fourth quarter. This drop could help financial officers determine the outlook out of the economy.
“…this improvement in the U.S. employment situation appears real right now — and, in turn, this suggests that those on Wall Street might find themselves rethinking their expectations about the economy and jobs as the year comes to a close,” wrote Dennis Jacobe, a chief economist for Gallup.
According to MSN.CareerBuilder.com, the following 15 companies are hiring this month:
1. Addison Search
Sample job titles: Coder, customer service, escrow, credit analyst
Location: Texas, N.Y., Ill. , N.J., Mass.
2. Bethesda Lutheran Communities
Sample job titles: Registered nurse, behavior support specialist, caregiver/ direct support professional, area director
Location: Calif., Colo., Ill., Ind., Kan., Mich., Mo., N.J., Ohio, Ore., Texas, Wash., Wis.
Industry: Professional consulting
Sample job titles: Java developer, Java architect, SharePoint developer, and SharePoint architect
Location: Richmond, Va.; Charlotte, N.C.; Philadelphia
Industry: Consumer services
Sample job titles: Marketing manager, business analyst / operations analyst, customer support specialist, field sales consultant, production support specialist, Java developer, senior web designer, project manager, national accounts manager
5. Dollar General
Sample job titles: District managers, store managers, store manager candidates
6. Family Home Health Services
Sample job titles: Business development manager, occupational therapist, physical therapist, nurse
Location: Fla., Mich., Ind., Mo., Ohio
7. Farmers Insurance
Sample job titles: Insurance sales agent
Location: (cities or states): Ill., Ind., Minn., N.J., Ohio, Penn., Va., Wis.
8. John Knox Village
Industry: Health care
Sample job titles: Food service, CNA, LPN, RN, EMT
Location: Mo., Kan.
9. Men's Wearhouse
Sample job titles: Sales consultant, sales manager
10. Modern Woodmen of America
Industry: Insurance and banking
Sample job titles: Managing partner, financial representative
Industry: Professional services
Sample job titles: Accountant, auditor, tax accountant, consultant
12. The Prudential Insurance Company of America
Industry: Financial services
Sample job titles: Financial professional associate (entry level and experienced)
Industry: Consumer services
Sample job titles: Store manager, district manager, bilingual customer service representative, commercial construction field estimator, customer service representative, general manager trainee, store manager trainee, regional manager
14. TMG Health
Industry: Business process outsourcing/professional services
Sample job titles: Analyst, senior market research; supervisor, operations compliance; supervisor, workforce management, analyst II, systems, account executive
Location: Dunmore, Penn.; King of Prussia, Penn.; Dallas; Little Rock, Ark.
15. Warner Chilcott
Sample job titles: Pharmaceutical sales rep, women's healthcare pharmaceutical rep, osteoporosis pharmaceutical sales rep
Location: Multiple states