North Spokane 'For Hire' Sign a welcome sight for job seekers - Spokane, North Idaho News & Weather KHQ.com

North Spokane 'For Hire' Sign a welcome sight for job seekers

SPOKANE, Wash.- In north Spokane there's a welcome sign for job seekers: a billboard that's advertising jobs in our area. Sears posted the billboard last week.

The sign, at just north of Indiana at Division, reads: "Now Hiring $10.50 Per Hour, 532-2500".

Economic analysts say the job market shows signs of rebounding, especially for college graduates. That includes an uptick in the percentage of the graduating class that already has a job in hand, according to a new study from the National Association of Colleges and Employers. The study shows 24.4% of the 2010 college graduates who applied for a job actually have one waiting for them after graduation which compares to just 19.7% of the 2009 college graduates who applied for a job and had one at this time last year.

Accounting services, engineering services, and retail/wholesale employers top the list of the types of companies extending offers to bachelor's degree graduates.

Recently, there have been the stories about the hundreds of thousands of jobs that were slashed by the Fortune 500's largest companies. Now there is new evidence of some Fortune 500 companies having thousands of jobs available. SEARS, Lowe's, Bank of America, American Express, Cisco Systems, and Target are among those recruiting for thousands of positions.

That's good news, but it's still tempered by some bad news: in May Spokane County still had an unemployment rate of 8.8%. Washington State's unemployment was 9.2% and the nation's overall unemployment rate was 9.7%.

The Sears "For Hire" billboard may not cover everyone who needs a job, but it's a good sign that employers are starting to hire, signaling a possible end to the worst recessions since the Great Depression.

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