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work study program is no longer available at CalUMS. Please contact us for recommendations on a new school for those students in process.
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WASHINGTON, D.C -- The unemployment rate is suddenly sinking at the fastest pace in a half-century, falling to 9 percent from 9.8 percent in just two months -- the most encouraging sign for the job market since the recession ended. More than half a million people found work in January. A government survey found weak hiring by big companies. But more people appear to be working for themselves or finding jobs at small businesses.
The service sector and manufacturing are growing again at pre-recession rates. "It is not all rosy. But we seem to be headed in the right direction," said economist Chris Rupkey at Bank of Tokyo-Mitsubishi. "The recovery is on track." An unemployment rate of 9 percent remains very high by historical standards. But the swift decline in the rate could also lift confidence at a time when businesses and individuals are already spending more money, fueling more hiring and still-more spending.
Unemployment has not been this low since April 2009. This may start to encourage people who had given up to look for jobs again, which might push the unemployment rate up temporarily. People out of work aren't counted as unemployed unless they're looking for a job. Typically during a tight job market, some of the unemployed become discouraged and stop looking or pick up a temporary job to supplement their income. Still, economists think the unemployment rate will fall below 9 percent by year's end -- a far brighter outlook than they had a few months ago.
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2011 Estimate of Cost sheets are now available! Visit the "form" page to download them
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New School! American College of Commerce and Technology located in the Washington DC area.
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New School! California Midland School of Law, located in Carlsbad, California
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Coleman adds Health Care Management starting March 2011!
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NEW SCHOOL! Aristotle University of Public Health, located in Carlsbad, California
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NCU work-study program is now closed
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Health Care continues to add jobs.
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CNN Employment Report: Employers still hiring:
http://www.cnn.com/2009/LIVING/worklife/05/25/cb.whos.hiring.2009class/index.html
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