While those white-collar workers at GM who still have jobs were recently told they will have their compensation restored to its level before a pay cut, those who took severance packages from the auto makers are struggling to find comparable work, says the WSJ.com.
The stories in this WSJ article are less than uplifting.
Tom Boileau, 55, [...]
General Motors announced Friday that it was restoring the salary cuts of many white-collar workers whose pay had been cut this year, in order to fight attrition.
“The automaker was losing staff members because its pay scales were no longer competitive with other automakers and manufacturing companies,” a spokesman told the Associate Press.
That’s good news for [...]
There is supposed to be some security in choosing a career in technology. But a recent report on Silicon Valley may have you scratching your head a little.
Between 2001 and 2008, Silicon Valley — the Northern California technology corridor — shed more than 85,000 jobs, according to a report from the Bureau of [...]
Watching unemployment figures weekly is like riding a seesaw for too long. Up and down we go, without much thrill or joy from the ride.
The latest weekly government data on unemployment is out, and it appears that the numbers have gone up a bit from July. More people are collecting unemployment this week than anticipated, [...]
An increasing number of retirees and older workers are trying to re-enter the workforce, and many are taking a big step down to do it.
Perhaps the decline in the financial markets left their retirement savings depleted, or maybe they found retirement unfulfilling. Regardless of the reason, the opportunities can be scarce and the challenges many for [...]
Weekly jobless claims dropped to the lowest levels since January ‘09, according to numbers released by the Bureau of Labor Statistics.
For the week ending July 11, “the advance figure for seasonally adjusted initial claims was 522,000, a decrease of 47,000 from the previous week’s revised figure of 569,000. The 4-week moving average was 584,500, a [...]
The weekly unemployment numbers from the U.S. Department of Labor are out, and so are the monthly numbers and view from the Bureau of Labor Statistics (part of the DoL).
The highlights for June 2009 are as follows:
The unemployment rate is 9.5 percent
Payroll declined 476,000
14.7 million people are unemployed
Job losses continue in manufacturing, business and professional services, [...]
A news release published today by one of the country’s largest outplacement firms Challenger, Gray & Christmas reports layoffs slowed nationwide in June.
The C,G & C report says “job cuts fell to a 15-month low of 74, 393 jobs ” which was 33 percent less than May, and the “lowest since 53,579 job cuts were announced [...]
So, every piece of career and resume advice is telling you to qualify your results in your jobs. If you want to be shown tha money, show them tha data, they say!
But what if you need help on how to make that a reality without it coming off sounding phony or made up? And what if [...]
While it was recently reported that green jobs and clean-energy jobs have been growing at a decent pace since 1998, their influence on the current job market has been rather limited.
The Obama administration would like to see environmentally conscious businesses and technologies become a major part of how the United States thrives in coming years. But are [...]