Results tagged “employment”

The new United We Work site - which just went public this week - seems to be catching on. Free for job seekers and employers alike through the end of the year, the site is expected to have 500,000 job openings posted by the end of this week. The incentive for employers to use the site, is a reduction in the cost of hiring because the responsibility for finding qualified candidates is shared across participating employers. “We believe that if we can break those [cost barriers] down, it may stimulate an employer to hire now instead of waiting six months,” Jason Kerr, founder of QuietAgent told the Tribune.

United We Work, a job matching website fronted by Jason Kerr, founder and CEO of Chicago-based QuietAgent, is publicly available today. United We Work, "a new nationwide service designed to stimulate hiring by connecting job seekers and employers without any recruiting, job posting or advertising fees," puts employers together with job-seekers at no charge. Backed by Starbucks Coffee Co., AT&T Inc., Hyatt Hotels & Resorts and 7-Eleven Inc, as well as Sears Holdings and Allstate, Kerr's goal is to stimulate hiring by cutting out the costs associated with recruitment. According to Kerr, recruitment, job postings and advertising cost U.S. companies about $60 billion. United We Work won't cost employers anything for the rest of this year, but in 2010, firms employing more than 100 people will be charged $35 annually for the service; job seekers will continue to access the site for free.

While the U.S. Senate was debating the American Recovery and Reinvestment Act, the bill that President Obama hopes will pump billions of dollars and thousands of jobs into the faltering economy, the White House released a study indicating that the bill could save or create 150,000 jobs over the next two years. According to Crain's Chicago Business, those estimates "are based on the overall goal that the plan will create or save 3 million to 4 million jobs nationally over the next two years." (You can check out per capita details of the House stimulus plan over at the Wall Street Journal's nifty "Who gets what" map.)

The Illinois Department of Employment Security announced today that the state's unemployment rate now stands at 7.3 percent, a 15-year high. There are currently 491,300 unemployed people in Illinois, which is the most since June 1992. Nationally, the unemployment rate is 5.7, a five-year high. [IDES]

Apparently finding a summer job is not as easy as it used to be. Kids looking for part-time employment are facing a shrinking job market, and it's already difficult to land a job without experience or job history. And on July 1, the state will increase its minimum wage from $7.50 to $7.75, possibly increasing the squeeze on the number of available jobs.