The unemployment rate remained steady, the workforce grew, and new unemployment claims are down. This means the discouraged are returning to the job hunt, and employers are starting to hire...
Wednesday, March 24, 2010
Tuesday, March 23, 2010
Sunday, March 21, 2010
Saturday, March 20, 2010
The Case Against Layoffs - They Often Backfire...
Newsweek published this insightful article on the fallout from layoffs, and how they hurt employees, bot the layoff victims as well as survivors. Surprisingly, they also negatively impact the bottom line of businesses.
http://bit.ly/97Nywb
http://bit.ly/97Nywb
Thursday, March 18, 2010
Unemployed persons by duration of unemployment
One of the true surprises of this recession has been how long it is taking folks to find new jobs. February 2010 statistics show that 58.9% of the unemployed have been out of work 15 weeks or longer, and 40.1% have been out for six months or longer. This compares with 42.3% (15+ weeks) and 23.4% (6+ months) just one year ago (February 2009).
I know many people approaching 18 months, 2 years, and even longer periods of unemplyment with no end in sight. Will these folks ever work again? They must wonder if it's true. Employers allegedly want to hire people in their 30s - for folks over 40, a period of extended unemployment only takes them further away from this employer ideal.
To see the full table of statistics, follow this link:
http://bit.ly/dpJxMO
I know many people approaching 18 months, 2 years, and even longer periods of unemplyment with no end in sight. Will these folks ever work again? They must wonder if it's true. Employers allegedly want to hire people in their 30s - for folks over 40, a period of extended unemployment only takes them further away from this employer ideal.
To see the full table of statistics, follow this link:
http://bit.ly/dpJxMO
Saturday, March 13, 2010
It's time to spring forward again
Daylight Saving Time starts this weekend, so set your clocks forward lest ye be late to church on Sunday...
http://bit.ly/bKcIEt
Friday, March 12, 2010
Euro-zone industrial production posts record rise Rises 1.7% in January, December production revised higher
A record monthly increase in industrial output across the euro zone in January supports sustainability of economic recovery in the region, but doesn't completely dispel concerns.
http://bit.ly/d9zCuX
http://bit.ly/d9zCuX
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