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category archive listing Category Archives: Facts & Figures

Fast Fact

75% of corporate jobs require a college degree. Only 27% of Americans have a college degree.
(Source: WorldatWork)

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Go Ahead! Steal Your Ex-Boss’ Clients! The Supreme Court’s Got Your Back.

In a very timely decision, the California Supreme Court just granted all formerly-employed (and future unemployed) Californians permission to steal clients and work from their former employers.
California employers already had a tougher time enforcing non-compete agreements than employers in any other state, but the California Supreme Court just made it darn near impossible.
In a case [...]

Count on Jobs in These Counties

Have you considered relocating to find a new job?  Wondering if moving will actually increase your chances of getting a job?  Isn’t the recession wreaking havoc everywhere?
Nearly every burg in the U.S. has been infected by the economic downturn, but some are proving heartier than others.  However, the ten counties listed below are still adding [...]

Unemployment Still Rising in July

The monthly Employment Situation report is out today and it’s not great news. The unemployment rate continued to blaze a skyward trail landing at 5.7% for the month of July–a full percentage point higher than it was just one year ago.
The Labor Department reported today that 51,000 jobs were cut from nonfarm payrolls, bringing [...]

Fast Facts: Getting Paid During Unemployment

Under the Emergency Unemployment Compensation (EUC) program created by P.L. 110-252, the Supplemental Appropriations Act, which President Bush signed into law on June 30, 1.55 million unemployed workers who exhaust the 26 weeks of government checks they would normally receive will get an additional 13 weeks of help as they search for a job.
The program [...]

Fast Facts: Unemployment Up, Economy Still Going Down

The number of newly laid off people filing claims for unemployment benefits is skyrocketing!  Last week, the Labor Department reported that the number of claims rose to a jolting 406,000.  Analysts blame the rise in claims on companies cutting their work forces in response to the slowing economy and the collapsed housing market.

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Judgement Day: Governator Terminates Workers’ Paychecks

Governor Schwarzenegger (Ca.) has come up with an ingenius plan whose only purpose must be to remind us that he’s only acting smart.  His new executive order (currently in draft) will cut the hourly pay of 200,000 state workers to $6.55.  This rate is equivalent to the federal minimum wage, $1.45 less than California’s state [...]

Stocks, Homes & Your College Degree: Things That Are Losing Value Fast

It’s like a bad game show category–Things That Are Losing Value Fast.  Stocks, home values, the U.S. dollar are all becoming big paper weights, worthless.  Now, you can add your college degree to the list.
Don’t get me wrong.  I am not telling you to forget about getting or finishing your college degree; I’m telling you [...]

Fast Facts

In June 2008, there were 3,800,600 online advertised job vacancies (virtually unchanged from May, and 480,000 or 11.2 percent below the June 2007 level).

This is the fourth consecutive month of year-over-year declines for the nation as a whole.

In June, there were 2.5 advertised vacancies posted online for every 100 persons in the labor force, down [...]

The Jab…I Mean…Job Report is Here

The numbers are in and the June Job Report is…not great.  The best news is that the unemployment rate held steady at the prior month’s sickening rate of 5.5%.
From there, the news gets progressively worse.  I’ll start with the worst news.  The worst news is that the April and May reports have been revised so [...]