ADVISORY/Job Market at Equilibrium.Business Editors ADVISORY... --(BUSINESS WIRE)--Aug. 24, 2001 TOPIC: MSNBC reports that despite what seems to be frequent news of layoffs, the US labor market is actually at or near an equilibrium of hirings and firings. A survey of 1,500 companies by the American Management Association cited in the story claims that the proportion of companies that have reduced their workforces over the past year grew to 33 percent. Still, those same the companies apparently reported filling slightly more positions than they lost during the time period, according to the preliminary results of the survey. Economists in the story said the national unemployment rate could rise modestly next month based on data from the government indicating more unemployment applications last week, but they predicted the rate would still be well below 5 percent. EXPERTS: ExpertSource can offer several highly qualified experts to comment on this story: Oscar Gonzalez monitors and forecasts financial and macro-economic trends for John Hancock Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . He analyzes the economy's potential impact on the company's business lines and investments. His work supports a wide range of Hancock's business units. Prior to joining Hancock, Dr. Gonzalez worked for five years as an economist for the Massachusetts Attorney General The Massachusetts Attorney General is an executive officer of the Massachusetts Government. The current Attorney General is Martha Coakley. The Attorney General is the chief law enforcement officer and lawyer for Massachusetts. . He is a member of the National Association of Business Economists. Dr. Gonzalez received his B.A. and Ph.D. in Economics from Clark University Clark University, at Worcester, Mass.; coeducational; chartered 1887, opened as a graduate school 1889. It was the second graduate school to be formed in the United States. Its undergraduate college (est. 1902) was integrated with the university in 1920. . 617/572-9572; ogonzalez@jhancock.com Prof. Emily Blank is an economist at Howard University Howard University, at Washington, D.C.; coeducational; with federal support. It was founded in 1867 by Gen. Oliver O. Howard of the Freedmen's Bureau, to provide education for newly emancipated slaves. A normal and preparatory department was opened the same year. . She has work in the impact of layoffs on wage growth, the impact of training on wage growth, implicit costs Implicit Cost A cost that is represented by lost opportunity in the usage of a company's own resources, excluding cash. Notes: These are intangible costs that are not easily accounted for. of farm operators' time, work incentives for economics faculty, retirement wealth of those with defined contribution pensions vs. defined benefit pensions, and mortgage lending. 202/806-6718 Ms. Michelle Sullivan is a Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Specialist for BrassRing Inc. BrassRing is a leading provider of integrated recruiting solutions and Talent Relationship Management (TRM) systems designed to help companies hire better people faster. Created in September 1999 through the combination of several leading recruiting and hiring management firms, BrassRing Inc. consists of BrassRing Career Events, a leading sponsor of technology career fairs in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Europe; BrassRing Exchanges, a leading provider of online recruiting solutions for hard-to-hire candidates, including Information Technology employees, MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration graduates and candidates from diverse backgrounds; and BrassRing Systems, a leading provider of Talent Relationship Management solutions. BrassRing Inc. is owned by The Washington Post Company, Tribune Company The Tribune Company (NYSE: TRB) is a large American multimedia corporation based in Chicago, Illinois. It is the nation's second-largest newspaper publisher, responsible for the Chicago Tribune, Los Angeles Times, Newsday, Hartford Courant , Gannett Co., Inc., and Accel Partners. 650/358-1345; msullivan@brassring.com ExpertSource cannot guarantee the immediate availability of these experts or their familiarity with this specific issue. ExpertSource, a collaboration Working together on a project. See collaborative software. of Business Wire and The Round Table Group, provides academic and industry experts to the media at no charge. Journalists are encouraged to submit queries to ExpertSource when seeking experts on specific subjects. An online registration form is available at http://www.businesswire.com/expertsource. Business Wire's Media Resource Center provides working journalists many free media services. 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