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Job Support Group Leader Newsletter
December 2007

Job market talking points

Here’s the cliff notes summary of the economy from Larry Kudlow’s column of December 26th:

“Calendar year 2007 looks set to produce 3% growth in real GDP, nearly 3 % growth in consumer spending, and over 3% growth in after-tax inflation-adjusted incomes. Meanwhile, headline inflation (including food and energy) will have run at 2.5%, with only 2% core inflation.

Jobs are rising over 100,000 per month and the stock market is set to turn in a respectable year despite enormous headwinds. Low tax rates, modest inflation, and declining interest rates continue to boost Goldilocks, which is still the greatest story never told."

Kudlow refers to the economy as the “Goldilocks” economy- “not too hot, not too cold, just right.”

If he and other economists are right about forecasting growth of 2% GDP in 2008, then the US economy will add 1 to 1.5+ million jobs in ’08, driving unemployment to historic lows. As an fyi, at 4.8% the current rate is less than the average rate for the entire decade of the 1990’s, which was 5.2%.

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Job search successes

Have a job search success story to share? Email your comments!

 

Connecting with employers

As a key advisor to job seekers, this is a great time to re-connect with your clients, help them focus on job search and related issues, get ready for prime time in January! Get them motivated and moving forward!

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Special Announcement

What Color is Your Parachute? author Dick Bolles offers support and comments on Work Ministry in the 2008 edition of his upcoming book! Thanks for your support Mr. Bolles!

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Alliance Partners

We support the following resources in service to job seekers:

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Have a success story or best ideas for job search to share? Send an email to leader@workministry.com.

Reminder:
Workministry.com has a growing list of job posts as well as continual improvement in resources for JSG Leaders and job seekers. Please make a point of asking your group members to check the site, review the job posts and respond or send along to a friend, relative or former group member.

Editor’s Note:
The Job Support Group Leader newsletter and message board are all about you. Our goal is to create a forum for sharing information that helps you fulfill your mission. If you have feedback, ideas or suggestions for either the newsletter or the message board, please send email to: leader@workministry.com.

 

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