Layoffs

Layoffs Lead to Job Openings

By Donald Sears ⋅ October 30, 2009 ⋅ One comment

Don’t discount the companies making headlines for layoffs. Those pink-slip-passers can be a good source of jobs, said several human-resources experts who spoke to the Wall Street Journal.
[I]f you’re unemployed you shouldn’t automatically write off opportunities at companies that are in the news for letting people go. Chances are, there will be job opportunities elsewhere [...]

Payroll Report from ADP Shows Diminshing Job Loss, But Still Loss

By Donald Sears ⋅ October 1, 2009 ⋅ Post a comment

The private sector shed another 254,000 jobs in September, less than analysts expected and one of the lowest declines in 14 months, according to payroll firm ADP. But researchers remain cautions about the health of the job market, MarketWatch reports.
“Employment losses have diminished significantly over the last two quarters,” said Joel Prakken, chairman of Macroeconomic [...]

The Work Blues Have Many a Worker Down

By Donald Sears ⋅ October 1, 2009 ⋅ Post a comment

Most workers are feeling pretty lousy at work , says a recently released Watson Wyatt report on employee morale.
“The fallout from the actions employers have taken in response to the recession is now coming to light, and it is significant,” said Laura Sejen, global director of strategic rewards consulting at Watson Wyatt in a news [...]

Open Job Postings Slow in September

By Donald Sears ⋅ September 30, 2009 ⋅ Post a comment

Job openings slowed slightly in September, but overall job demand is up since April, according to The Conference Board, which tracks demand via online job postings nationally.
“While the trend has been modestly upward and averaged 40,000 per month over the last five months, the labor market continues to have a hard time gaining momentum,” said [...]

Layoffs Decline in July

By Donald Sears ⋅ August 7, 2009 ⋅ Post a comment

The latest government employment data is out for July 2009, and the numbers are mostly positive — for the short term.
From the Bureau of Labor Statistics report:
Nonfarm payroll employment continued to decline in July (-247,000), and the unemployment rate was little changed at 9.4 percent, the U.S. Bureau of Labor Statistics reported today. The average [...]

Verizon Business Earnings Forecast Continued Enterprise-Wide Hiring Freeze

By John Hazard ⋅ July 27, 2009 ⋅ Post a comment

Verizon Communications today announced that profits dropped 21 percent (year-over-year) in the second quarter and that the telecommunications giant would need to eliminate 8,000 jobs by the end of December.
But that wasn’t the bad news for the U.S. workforce and workers looking for signs the employment market might be revving up for economic recovery.
The profit [...]

Don’t Check Out Mentally in Preparing for a Layoff

By Donald Sears ⋅ July 22, 2009 ⋅ Post a comment

It sucks to receive word that you will be laid off. There’s no way around it.
For many, receiving notice of a layoff or accurately reading the writing on the wall is a luxury in the sense that you have warning of the impending pink slip. It beats the unexpected announcement that you need to clear [...]

Making Sense of Job and Employment Reports

By Donald Sears ⋅ July 1, 2009 ⋅ One comment

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 [...]

U.S. State Unemployment Figures on the Rise

By Donald Sears ⋅ June 22, 2009 ⋅ One comment

A recent report from the Bureau of Labor Statistics — the numbers division of the U.S. Department of Labor — has a monthly snapshot of the country’s labor situation on a state-by-state basis. For May 2009, the picture is not pretty. Unemployment numbers in California having risen to 11.5 percent, although a few states did see [...]

Online Job Openings Up 250,000

By Donald Sears ⋅ June 10, 2009 ⋅ Post a comment

Pick the description that best describes new job opportunities lately:
A. A black hole.
B. A total joke.
C. A full-time job.
D. More job openings than you think.
Surprise! If you picked “D,” you’d be correct.
The nonprofit career organization The Conference Board recently released a report known as Help-Wanted Online Data Series (HWOL)™, and the findings are actually positive. [...]

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