{"id":2282,"date":"2010-02-25T16:15:00","date_gmt":"2010-02-25T22:15:00","guid":{"rendered":"http:\/\/selectmetrix.com\/blogs\/2010\/02\/double-dip\/"},"modified":"2010-02-25T16:00:36","modified_gmt":"2010-02-25T22:00:36","slug":"double-dip","status":"publish","type":"post","link":"http:\/\/selectmetrix.com\/blogs\/2010\/02\/double-dip\/","title":{"rendered":"Double Dip"},"content":{"rendered":"<p>The title of this post is one that brings pause to many people.\u00a0 Are we headed towards a <a href=\"http:\/\/www.investopedia.com\/terms\/d\/doublediprecession.asp\" target=\"_blank\">double dip recession<\/a>?\u00a0 I don\u2019t think we can say one way or another quite yet.\u00a0 However, <a href=\"http:\/\/money.cnn.com\/2010\/02\/25\/news\/economy\/initial_claims\/\" target=\"_blank\">today\u2019s numbers<\/a> are not good:<\/p>\n<blockquote><p>The number of Americans filing for initial unemployment insurance surged to just below the 500,000 level last week, and have climbed more than 12% over the past two weeks, the government said Thursday.<\/p>\n<p>\u2026<\/p>\n<p>The 4-week moving average of initial claims was 473,750, up 6,000 from the previous week&#8217;s revised average of 467,750.<\/p><\/blockquote>\n<p>I have talked to many companies who are in a holding mode for hiring.\u00a0 Thankfully, I have not encountered as many who are looking at any further layoffs.\u00a0 I take that to be a good, but not great, sign.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The title of this post is one that brings pause to many people.\u00a0 Are we headed towards a double dip recession?\u00a0 I don\u2019t think we can say one way or another quite yet.\u00a0 However, today\u2019s numbers are not good: The number of Americans filing for initial unemployment insurance surged to just below the 500,000 level last week, and have climbed more than 12% over the past two weeks, the government said Thursday. \u2026 The 4-week moving average of initial claims was 473,750, up 6,000 from the previous week&#8217;s revised average of 467,750. I have talked to many companies who are in a holding mode for hiring.\u00a0 Thankfully, I have not&hellip; <a class=\"read-more\" href=\"http:\/\/selectmetrix.com\/blogs\/2010\/02\/double-dip\/\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"bgseo_title":"","bgseo_description":"","bgseo_robots_index":"","bgseo_robots_follow":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[49,2,5],"tags":[1531,1748,50,248,520],"class_list":["post-2282","post","type-post","status-publish","format-standard","hentry","category-economy","category-hiring","category-trends","tag-double-dip","tag-hiring","tag-hiring-trend","tag-recession","tag-recession-hiring"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5Oho-AO","jetpack-related-posts":[{"id":2278,"url":"http:\/\/selectmetrix.com\/blogs\/2010\/02\/hiring-time\/","url_meta":{"origin":2282,"position":0},"title":"Hiring Time","author":"Derrick Moe","date":"February 24, 2010","format":false,"excerpt":"According to this CNNMoney.com article, 2010 hiring will be steady and growing (emphasis mine): \"We see a healthy expansion under way, although it will take time to reduce economic slack and repair damaged balance sheets,\" said Lynn Reaser, president of the National Association for Business Economics, which conducted the survey\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"http:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2449,"url":"http:\/\/selectmetrix.com\/blogs\/2010\/10\/a-secondary-effect-of-the-recession\/","url_meta":{"origin":2282,"position":1},"title":"A Secondary Effect Of The Recession","author":"Derrick Moe","date":"October 20, 2010","format":false,"excerpt":"Most people agree that there will be a demand for workers as soon as we start the recovery process (no, I do not subscribe to the idea that the recession ended in June of 2009).\u00a0 Companies are running in a most efficient manner right now due to the fact that\u2026","rel":"","context":"In &quot;Generations&quot;","block_context":{"text":"Generations","link":"http:\/\/selectmetrix.com\/blogs\/category\/generations\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2233,"url":"http:\/\/selectmetrix.com\/blogs\/2010\/01\/the-key-word-is-hiring\/","url_meta":{"origin":2282,"position":2},"title":"The Key Word Is Hiring","author":"Derrick Moe","date":"January 13, 2010","format":false,"excerpt":"You don\u2019t have to look far to find disconcerting news about the present economy.\u00a0 This AP story from one of our local papers lays out numbers that paint a vivid picture (emphasis mine): There were nearly 6.4 unemployed workers, on average, for each available job at the end of November,\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"http:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1467,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/03\/a-soft-hiring-trend\/","url_meta":{"origin":2282,"position":3},"title":"A Soft Hiring Trend","author":"Derrick Moe","date":"March 13, 2008","format":false,"excerpt":"Manpower's quarterly survey is often considered a bellwether of the upcoming labor market.\u00a0 The Wall Street Journal reports on this trend in Hiring Plans Soften Across Industries. The title sounds a dire alarm, but there\u00a0 is an interesting quote within the article: Jonas Prising, president of Manpower North America, characterized\u2026","rel":"","context":"In &quot;Hiring&quot;","block_context":{"text":"Hiring","link":"http:\/\/selectmetrix.com\/blogs\/category\/hiring\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1547,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/05\/you-cant-grow-if-you-arent-selling\/","url_meta":{"origin":2282,"position":4},"title":"&#8220;You Can&#8217;t Grow If You Aren&#8217;t Selling&#8221;","author":"Derrick Moe","date":"May 2, 2008","format":false,"excerpt":"Isn't that the truth?\u00a0 Entrepreneur.com has an excellent archived article (from 2002) titled Hire and Hire that discusses hiring salespeople during a recession (no, we're not in a recession).\u00a0 The point is valid - economic downturns are the best time to upgrade and\/or expand your sales team. Pick the right\u2026","rel":"","context":"In &quot;Hiring Salespeople&quot;","block_context":{"text":"Hiring Salespeople","link":"http:\/\/selectmetrix.com\/blogs\/category\/hiring\/hiring-salespeople\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2173,"url":"http:\/\/selectmetrix.com\/blogs\/2009\/11\/when-will-it-end\/","url_meta":{"origin":2282,"position":5},"title":"When Will It End?","author":"Derrick Moe","date":"November 23, 2009","format":false,"excerpt":"The Great Recession roars on during this holiday season.\u00a0 Our company is focused on sales hiring, both assessing candidates for our customers and running full recruiting processes.\u00a0 The hiring outlook is of great importance to us and a topic I try to track closely. That being said, this abcnews.com article\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"http:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/2282","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/comments?post=2282"}],"version-history":[{"count":2,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/2282\/revisions"}],"predecessor-version":[{"id":2284,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/2282\/revisions\/2284"}],"wp:attachment":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/media?parent=2282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/categories?post=2282"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/tags?post=2282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<!-- WP Super Cache is installed but broken. 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