Job Search Market Update: Consumer confidence is up, but the consumer is slow on spending their money. This is holding the labor market back from hiring more. Retail sales in May were down for clothing but up in sporting goods, hobby, electronics (I wonder how much was the I-PAD) and home appliances. Last month also the biggest decline was seen in the Home Improvement stores. This is most likely the result of the home owner stimulus package ending. I am not sure if the stimulus package has helped us at all, giving a false sense of highs followed by reality. The experts at U of Michigan-Reuters tell us that the consumer "feels"the best they have felt since January 2008, even though they are not spending at the rate everyone one like.
This is holding back the private sector market back, which most people feel will be our engine to a true recovery.
Good news also, China exports are up, US manufacturing sector is still basically expanding
Job Search Tips: Look for possible job openings in the area of IT, Green jobs, sporting goods, hobby, electronics, home appliances, garden, landscaping and the service area. These are possible job ideas based on the subtle trends.
Job Search Action Item: Monday, June 14 9am-10am CST, I am hosting a Audio Tele Class, "Powerful Letters That Get Noticed" , click here to register
On a 3X5 card write 5 things you are grateful today for. Re-write your list first thing every morning before you start working on your job search. Re-write the list at night on the back of the card and date it.
Job Search Mental Health Tip: Remind yourself every day something that you completed or did a good job on. Do something for your self this week!
I believe in you, never give up, you will succeed!!
Eleanor Anne Sweet, President, Your Personal Job Search Coach
sweet@TheJobSearchExperts.com
www.TheJobSearchExperts.com
Sources: The Washington Post- Ylan Q. Mui, ABC News-Lucia Mutkani