Unemployment Rate Reverses

In its latest monthly unemployment report released today, the Department of Labor reported the July unemployment rate at 9.4% nationwide, indicating the first monthly decline in unemployment since the economic crisis began over a year ago. While this may seem little consolation for the 200,000+ people who lost their jobs in July, on the whole it's good news for everyone as it clearly demonstrates that the worst is behind us as a nation.

Naturally, we welcome those affected by the economy to create a free profile on Jobfox.com to be matched to thousands of jobs currently active on our site, and consider having a Jobfox professional resume writer critique and/or rewrite a resume in order to make the best presentation to potential employers. Because despite the fact that American employers shed a quarter million workers last month, there have been an average of 2.7 million job openings per month from January through May this year, according to the Bureau of Labor Statistics. And while unemployment is at 9.4% overall, the unemployment rate among professionals with a college degree is much lower, actually less than 5% nationwide.

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