Education and background being equal, black men and women still face higher rates of unemployment than their white counterparts, according to a report in today’s New York Times.
College-educated black men, especially, have struggled relative to their white counterparts in this downturn, according to figures from the Bureau of Labor Statistics. The unemployment rate for black [...]
White women ages 25 to 44 with a college degree face the lowest unemployment rate in the country – 3.6 percent. Their male peers fall in second place – 3.9 percent. Black men and women of the same age and education groups face 6.7 and 8.3 respectively.
The jobless rate is wildly different for various subsets [...]
Unemployment passed a grim milestone Friday, climbing past 10 percent for the first time 1983.
The U.S. economy shed another 190,000 jobs in October, and the unemployment rate reached 10.2 percent, up from 9.8 percent in September, according to the Bureau of Labor Statistics. There are now 15.7 million Americans who are out of work and [...]
Looking for signs of a jobs recovery on the horizon?
The rising Gross Domestic Product (GDP) and surging stock markets are encouraging and usually precede a hiring surge, but the most telling sign job growth is around the corner remains to be seen, said Mark Zandi, the chief economist at Moody’s Economy.com, in an op-ed in [...]
To ensure the tentative economic recovery becomes a lasting expansion, the Obama administration must focus on helping small businesses hire again.
The Gross Domestic Product (GDP) is back on the rise, and the pace of job losses has slowed. However, businesses are not hiring yet, and the government is doing too little to support small businesses, [...]
Being passed up for a promotion can be a hard pill to swallow and lead to career-crushing behavior on the job.
Your bad attitude at work can lead to a destructive cycle that harms your chances for a future promotion or even endanger your job, said Shawn Achor, a Harvard psychology professor and CEO of Aspirant [...]
President Obama Wednesday introduced a plan to help get more credit flowing for small business and help businesses with fewer than 200 employees climb out of the recession and begin hiring again.
Under the latest Obama plan, community banks with less than $1 billion in assets will be able to borrow from the Treasury Department’s Troubled [...]
The C.R. England truck-driving school, in Burns Harbor, Ind., received more than 500 resumes for the $13-an-hour administrative assistant job it posted in July. Nearly half of the 500-plus resumes never even made it to consideration, but Tiffany Block, a 28-year-old who submitted her resume late in the application process, managed to steer her resume [...]
For all the effort you put into expanding your network on LinkedIn and “friending” colleagues and acquaintances of acquaintances on Facebook, the bigger, broader network may not be helping you or the recruiters trying to find you.
Networking should be about quality, not quantity, wrote Jon Picoult, the founder of Watermark Consulting in Simsbury, Conn., in [...]
Small and medium-sized businesses, which employ more than half the American workforce, will face tight credit markets and limited access to loans well into 2010, the Federal Reserve Board said Monday.
Economists fear the struggle to access cash could force many to close shop or limit expansion, a daunting prospect as businesses with 500 or fewer [...]