Unemployed Are More Optimistic

People looking for work were more optimistic in the fourth quarter, according to Sausalito’s Glassdoor Inc.

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Latest from The Business Journals Top 25 ‘oddball’ job interview questions from 2011From quirky to crazy: ‘Oddball’ job interview questions 25 ‘oddball’ job interview questions for 2011 Follow this company ., and they have some reason to be. Glassdoor reported that 21 percent of unemployed job seekers in a survey said it was “unlikely” they’d find work in the next six months. That’s down 11 points from the previous quarter, when 32 percent reported that bleak outlook. It’s also the lowest level of pessimism since Glassdoor started this survey in 2008.

People may be more optimistic because of other good news about the job market. Chicago’s Challenger, Gray & Christmas Inc. Challenger, Gray & Christmas Inc. Latest from The Business Journals Houston CEO turnover increased slightly in 2011Holiday retail hiring almost healthyU.S. unemployment nears 3-year low; 200,000 jobs added in December Follow this company reported that planned job cuts by U.S. employers fell in December to 41,785, the lowest level since June. The 606,082 job cuts in 2011, though higher still than 2010’s 529,973, were quite a bit lower than the recession high mark of 2009, when 1.3 million jobs were cut.

Government sector job cuts — there were 183,064 of them — accounted for most of the increase in 2011. The financial sector came second, with 63,624 cuts in 2011.

John Challenger, CEO of Challenger, Gray & Christmas, said looming U.S. Postal Service U.S. Postal Service Latest from The Business Journals American to lay off 150, cancel 2 routesAquilent extends USPS workAquilent extends Postal Service work Follow this company cuts mean the public sector will likely keep struggling to recover, though. “Involuntary layoffs at the Post Office could total as much as 120,000, according to one plan, with another 120,000 lost through attrition,” he said.

Read more here: BizJournals.com

 

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