Bad News, 7.2 Percent Unemployment Rate; Good News, Someone’s Still Hiring
The Department of Labor (DOL) released its December Job Report today. The report revealed unemployment has surpassed analysts’ forecasts landing at a gut-churning 7.2 percent (11.9 percent for Blacks and 9.2 percent for Hispanics). Needless to say, the record-high unemployment rate (highest in 16 years) kicked off a wave of doomsday predictions from analysts and [...]
Pass the Employment, Please!
As we all make our final preparations for the holidays, I hope visions of festive events, family gatherings and holiday treats begin to overtake the stress of the last year. I know the year’s not quite over so this isn’t my farewell-to-2008 post and I’ll spare you the auld lang syne for now. Instead, I [...]
Size Does Matter (Size of Your Severance Check, That is)
Compared to workers in the rest of the world, U.S. workers’ severance checks are positively puny. But! You’ll be happy to know that when it comes to severance, U.S. workers and managers are nearly equally shorted. MY SEVERANCE CHECK IS BIGGER THAN YOURS Average number of weeks of salary paid per year of service Country [...]
Fast Facts: Massive Number of Mass Layoffs
There were 2,269 mass layoff actions involving 235,681 workers during the month of September. That’s the highest number since the September 11th attacks. Year-to-date there have been a total of 14,811 mass layoff actions involving more than 1,510,446 workers. –Bureau of Labor Statistics Hearthis post
Career Question: What are you doing to find a job?
Every other person I know is scrambling to find a job, either because they’ve been laid off or because they fear being laid off. By all accounts, it’s getting tougher and tougher. What are you doing to find your next job? What’s working? Complete our survey and we’ll share our findings, plus the Careersthatdontsuck.com Guide [...]
Recession Depression: Beating the Blues When You Have No Green
Being a career coach who works with individuals and teams, I’m hearing a lot of grumbling about the state of the job market and economy. The overwhelming majority of the clients I work with are dealing with feelings of depression–about their job prospects, job security, layoffs (their own, their friends and/or their staffs’) and their [...]
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