Released on: September 9, 2008, 1:03 am

Press Release Author: Mary Waldron

Industry: Small Business

Press Release Summary: Unemployment rose among almost all demographic groups as it
shot up to 6.1%, the highest level since September of 2003, according to the most
recent employment report from the Labor Department. The US economy has now lost more
than 600,000 jobs this year, according to the Department’s statistics. More than
84,000 jobs were lost in the month of August, with working women being harder-hit
than men. Reports state that companies are having a hard time trying to retain their
employees, as rising costs and inflation are taking a toll on their businesses.
EmploymentCrossing, the leading job board in the US, agrees that the current job
market has been increasingly tough on employees, as widespread cuts have reached a
new high.

Press Release Body: \'\'Yes, it is true that the job market has plunged into dire
straits, worsening dramatically and consecutively over the months,\'\' says A.
Harrison Barnes, the CEO of EmploymentCrossing. \'\'EmploymentCrossing, however, is
trying its best to increase its job count. The need of the hour is to accelerate
that growth even more.\'\'

According to the report, factories shed 61,000 jobs, with housing-related
manufacturers and automakers among the worst hit. Construction firms were forced to
slash 8,000 jobs, while retailers cut 20,000. Professional and business services
lost 53,000 positions, much more than in previous months. The hospitality sector got
rid of 4,000 jobs, too. The employment gains in the government, education, and
health sectors were far less than the job losses incurred during the month.

\'\'The job market has definitely hit a new low this year, but it’s useless to cry
over spilled milk,\'\' says Barnes. \'\'Efforts should be made to make people aware
about good sources of jobs, because they do not know where to find jobs.
EmploymentCrossing is focusing on several US states and some specific demographics,
especially the hard-hit ones, and believe it or not, the site has been successful in
its endeavors. Over the past week, we managed to post more than 191,433 active new
jobs in the US itself —one of our best efforts yet — in spite of the dire employment
figures just released.\'\'

According to Barnes, the top job types out of the 2 million jobs listed on
EmploymentCrossing’s websites are:

* Managerial jobs (136,066 jobs)
* Healthcare jobs (159,204 jobs)
* Information technology jobs (118,714 jobs)
* Engineering jobs (87,039 jobs)
* Accounting jobs (54,532 jobs)

\'\'With a highly trained team of researchers who personally screen each and every job
posted on EmploymentCrossing’s portals, EmploymentCrossing seeks out, edits,
approves, and tracks an elite collection of jobs on an ongoing basis,\'\' Barnes says.
\'\'EmploymentCrossing is not for everyone — we are exclusive and private, and only
members have access to our job-opening research.\'\'
About EmploymentCrossing

EmploymentCrossing is a powerful and comprehensive organization dedicated to helping
professionals find jobs that will enhance their careers. EmploymentCrossing consists
of 90+ industry-specific job boards which consolidate every job opening they can
find in one convenient location. The website also offers a seven-day free trial to
new members.

Web Site: http://www.employmentcrossing.com

Contact Details: Mary Waldron, Editorial Coordinator
EmploymentCrossing
626-243-1821
maryw@employmentcrossing.com