All eyes are on the Department of Labor's monthly jobs report, scheduled to be released this morning. Economists predict the report will show small gains in the jobs market - between 40,000 and 70,000. But they are concerned that if job creation numbers are too low, the overall unemployment rate could still rise - making the report an indicator that the economy could be heading for a "double-dip" back into recession.
What is your personal jobs report? How would you characterise YOUR job situation? Is it scarier or safer than last month? Let us know in the comments below or text the word TAKE to 69866.
We are joined by Prof. William Rodgers, Chief Economist at Center for Workforce Development at Rutgers University.
Here are comments we received so far on Facebook:
I've been laid off twice in the last 14 months, and am facing eviction from my apartment. After sending out countless resumes since departing from my last job a month ago, I was finally called for not one but TWO interviews on the same day and, this morning, am heading in for my first of two "working interviews" as follow ups. Soooo...It's still scary, but perhaps looking up? —Erin Hoff
Safer. —Rusty Roy
I quit my job last year, right when the economy was really starting to collapse. I'm studying to be an ESL teacher, and hope to be employed in fall 2011, here in the Boston area somewhere. I could've kept my old job, but it was making me ...miserable, and I needed the time to study, anyway.
I'm watching the ebb and flow of the status of education spending and policy with interest and fear. I understand ESL jobs are projected to remain pretty abundant in the near future, at least, so I'm not terribly worried. But I'm worried that maybe I ought to be worried, you know what I mean?—Kurt Kaletka
I look at this world like for the most part too many people both played the short con and oversold themselves on themselves. 4 years of college and you're ready for anything... Hah... Just because you got a job, it doesn't mean that job act...ually needed to be done, and the really sad problem is that this college and work experience often doesn't equip people with what they need most when times are tough, the ability to create something sustainable on their own. This Labor Day will mark 15 years since I began working with the Native American bandleader standing next to me in my profile pic. Sure, his playing at Carnegie Hall was fun, but we've also been through 9/11 destroying the neighborhood where Frank had a steady gig for years, all kinds of ups and downs and reversals, but now it's incredibly like a scene from The Razor's Edge, as if Frank is a modern day Larry Darrell helping the burned out Gray Maturin. That's why last night's gig in Harlem ended with a booking agent walking up to Frank before he'd even gotten off the stage saying, "I need your card..." —Angelo J. Falanga
As more people go unemployed, my business is getting slower and slower...—James Ellsworth