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Monday, March 15, 2010
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| Unemployment is lower for college graduates |
| Posted by: Career-Coach |
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Even presently with the highest unemployment figures since the 1940's, having an education still defends and supports a person from downturns in the economy.
Of course wise choices on degree major and field of study is required as well as a successful grade average.
But underemployment remains a problem for all levels of eduction at the moment, as the joke goes...the interviewee at McDonald's states.. I have a bachelor degree, and the manager frowns as he looks at him and states, but we are only hiring PH.d's - it is all relative to the current environment.
But as too show proof to pudding, this chart is of interest which shows the lower unemployment rates for the college educated population..
From Chart of the Day -
A higher educational attainment has correlated with a lower unemployment rate.
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Friday, March 05, 2010
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| The weather snows on employment growth in February |
| Posted by: Career-Coach |
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Not only is the employment industry daily monitoring the pulse of the economy daily, but so are millions of unemployed or underemployed individuals.
As all watch the swings hope climbs or crashes. For certain we all want off this ride. Thus week we have had another wave of sickness inducing up and downs. Indicators at the start of the week appear poor, then another report released today counters the earlier loss. It appears that the small business hiring machine still needs some extra focus.
From Reuters:
Unemployment Rate Holds at 9.7% as Job Losses Ease...
U.S. employers cut a smaller than expected 36,000 jobs in February, leaving the unemployment rate unchanged at 9.7 percent, according to a government report on Friday which said it was unclear how severe weather had impacted payrolls.
The Labor Department said job losses for December and January had been revised to show 35,000 fewer jobs lost than previously reported.
In a time when a unexpected reduction in losses is a good indicator, we yearn for substantive job growth.
Bloomburg reports today:
The jobless rate in the U.S. held at 9.7 percent in February and employment declined less than forecast, even as severe winter weather forced some employers to temporarily close.
Payrolls dropped 36,000 last month after a revised 26,000 decrease in January, figures from the Labor Department in Washington showed today. Employment fell in construction and increased at temporary-help services.
The entire country experienced unprecedented winter weather the past month. Even the warm southeast had accumulation of snow. Both reports sense tat without the weather February would have been a month of positive job growth. So we hope March can show the same growth indicators.
Source Reuters: Full story
Source Bloomberg: Full story
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Sunday, February 28, 2010
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| Age Bias Suit |
| Posted by: Career-Coach |
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An 85-year-old New Jersey woman who spent decades manning a beer stand at Mets games cried foul when her employer, booted her from her profitable stand during the last season at Shea Stadium and replaced her with a younger woman.
A judge tossed ... lawsuit yesterday, however, on the grounds that her replacement - 75-year-old Gloria Smith - indicated the concession company did not discriminate against Block based on her age.
Block disagrees...
Read The Full Story
Source: NBC
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Friday, February 19, 2010
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| Are we about to see a change in the economy? |
| Posted by: Career-Coach |
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With hopes and dreams awash, today's job seekers are looking for any sign of better days ahead in the US economy.
It is one year since the stimulus package was put into action and the nagging reality of slow jobs growth hurts the desired end results of that gambit. The indicators of late haven't been very helpful, but from todays news comes this welcomed positive...
"Economy grows at 5.7% pace, fastest since 2003
The U.S. economy finished a bad year with a bang, expanding at a 5.7% annual rate in the fourth quarter of 2009, the government said Friday.
Growth the last three months of 2009 set the fastest pace since the third quarter of 2003 and beat economists' expectations of a 4.5% rate."
We can only hope that small business owners, the real drivers and hiring force in America today, start to say "Yes" and hire rather than defer.
Still of concern, that small business still need direct and significant attention with incentives from Washington remains a clear but untapped directive. Along with Government hiring, the small business person, can't but be bolstered into making the "Yes"
in hiring decisions if they were given immediate and significant incentives from Washington.
The small business person has to advocate and get some representation in front of Congress for their Mr. Smith goes to Washington moment.
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Saturday, January 09, 2010
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| Job growth returns—then fades |
| Posted by: Career-Coach |
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Employers once again slashed a substantial number jobs off their payrolls in December, according to a disappointing report from the government Friday. But there was a small glimmer of hope as well.
The payroll number for November was revised to a net gain of 4,000 jobs. That's the first increase in jobs in nearly two years. The government had previously indicated that 11,000 jobs were lost in November.
Source: CNNMoney
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| Jobs gloom hits west's recovery hopes |
| Posted by: Career-Coach |
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Grim jobs market reports on both sides of the Atlantic on Friday highlighted the ongoing human cost of the credit crisis and kept alive concerns over the sustainability of the recovery.
In the US, news that the economy shed another 85,000 jobs in December
Source: Financial Times
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Thursday, January 07, 2010
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| New US jobless claims edge up |
| Posted by: Career-Coach |
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New claims for US jobless benefits edged up by 1,000 in the past week to 434,000 while other claims data showed modest improvement in the troubled labor market, official figures showed Thursday..
The figures offer some hope that the brutal pace of job cuts is easing as the economy pulls out recession.
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| Job market shows signs of healing |
| Posted by: Career-Coach |
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The number of U.S. workers filing new jobless claims edged up by a slim 1,000 last week and a gauge of underlying labor market trends hit a nearly 16-month low, evidence the job market continues to heal. The Labor Department said on Thursday initial claims for state unemployment benefits rose to 434,000 after declining for two consecutive weeks. Wall Street analysts had expected claims to hit 447,000.
Jobless claims do suggest that employment could be set to grow again...
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Thursday, December 03, 2009
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| Interviewing - Google style |
| Posted by: Career-Coach |
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This report from Business Insider states:
Google is back to hiring again.
That's good news for thousands of junior managers and software developers out there hoping to find safe harbor during this recessionary storm.
The bad news:
Google prefers Ivy Leaguers.
It cares about your GPA, even if you're in your 30s.
It wants people who want to change the world.
Worse yet, even if you meet all those requirements, you still have to go in for your Google interview.
Seattle job coach Lewis Lin put together a list of 140 questions his clients have been asked by Google. We've added a link to the whole list at the end. In the meantime, here are...
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Sunday, September 27, 2009
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| Entry level job seekers hardest hit |
| Posted by: Career-Coach |
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You can sense some of the stress, uncertainty and bewilderment around the local coffee shop or bookstore from people of all ages coping with todays economic environment. Labor stats sow some movement in the right direction of late but as experienced workers try to maintain the entry level market always has a lag as reported on in this Post article, portions of which are below.
From: Young, unemployed and facing tough future
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The unemployment rate for young Americans has exploded to 52.2 percent—a post-World War II high, according to the Labor Dept.—meaning millions of Americans are staring at the likelihood that their lifetime earning potential will be diminished and, combined with the predicted slow economic recovery, their transition into productive members of society could be put on hold for an extended period of time
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"There is no assistance provided for the development of job growth through small businesses, which create 70 percent of the jobs in the country," Angrisani said in an interview last week. "All those [unemployed young people] should be getting hired by small businesses." ...
Hopefully the efforts being tried out of Washington will continue to strengthen the economy, but small business assistance must be addressed.
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A much slower recovery is forecast today. Shierholz believes it could take four or five years to ramp up jobs again....
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Friday, September 04, 2009
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| Joblessness will prolong recession |
| Posted by: Career-Coach |
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New claims for jobless aid fell less than expected last week, and the number of Americans continuing to receive unemployment benefits rose - further signs that any economic recovery will be hindered by a weak job market and flat incomes.
Most economists think the recession is over, but they say the jobless rate will keep rising until at least next summer as the economy struggles to mount a sustained recovery.
Source: AP
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Sunday, August 30, 2009
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| State fairs offer many people badly needed jobs |
| Posted by: Career-Coach |
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A year's worth of failed job leads prepared Richard Briggs for anything, including night shifts as a Minnesota State Fair custodian.
For $8.50 an hour, the out-of-work financial analyst vacuums and cleans bathrooms in fairground buildings. Briggs, 38, said he's "something of a curiosity" among his co-workers.
"You know, they don't hire financial analysts to clean the sidewalks"
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Wednesday, August 05, 2009
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| Job loss eases, but remains steep - ADP |
| Posted by: Career-Coach |
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Private-sector employment recorded its smallest monthly drop in nine months during July, but the number of job cuts announced in the month spiked 31%, according two reports released Wednesday. Automatic Data Processing, a payroll-processing firm, said private-sector employers cut 371,000 jobs in July. It was the smallest monthly total since last October.
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Tuesday, August 04, 2009
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| Resumes - Hmm what gives? |
| Posted by: Career-Coach |
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A recruiter will see hundreds of resumes in some cases when hiring into a open job slot. You have so many options and choses to make when creating your resume and in the new few weeks we will add some tips to make your resume a successful presentation.
To start with your resume must be ordered and have sections that bring to the front your best knowledge and experience in each time span you list.
In the section with your past employment listed under the Company Name and time frames employed, add some bullets that summarize the greatest accomplishments and success as judged by your bosses. Something that can be readily verified by the recruiter when he talks to your past bosses. And in all cases, do not add flowing, fluffy, puffy verbiage to your resume. Make each sentence as short and to the point as you can. Go over your resume many times finding ways to cut down it's size and number lines. Find the best words to reduce some description of your skills and background that are clearer yet use less words. This takes time so once your resume is done, it is a living creation that requires more and more proofing, tweaking and other time consuming efforts. Too many people simply create their resume and then lock it into expensive paper and go forward from there into the job search morass. Resumes need to be open editable and always evolving. Keep your copy on your rewritable disks and seek out other examples for people in your fields, e.g., your peer's resumes, as creative teaching moments and examples to learn from.
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Friday, July 31, 2009
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| Recession Worse Than Prior Estimates |
| Posted by: Career-Coach |
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The first 12 months of the U.S. recession saw the economy shrink more than twice as much as previously estimated, reflecting even bigger declines in consumer spending and housing, revised figures showed.
The world's largest economy contracted 1.9 percent from the fourth quarter of 2007 to the last three months of 2008, compared with the 0.8 percent drop previously on the books, the Commerce Department said today in Washington
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Tuesday, June 23, 2009
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| Unemployed? Consider other job options outside your current career path |
| Posted by: Career-Coach |
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It is easy to see why many people are feeling less than optimistic these days when deluged with statistics on the unemployed percentages and even consumer confidence that is fed to us daily through the media. Re-education and additional schooling in the recent decade seemed a sure fire means to get an edge but today that added debt coupled with record credit card balances and low personal savings doesn't have the impact it once did. The national identify of what "we" produce as a country has become hazy and less defined with globalization of industry eliminating or fracturing past employment sector traditions. Car manufacturing, textiles, steel and dozens of other former industry strengths have shifted or been paired down with globalization. The point of this is simply it is harder to figure where to start picking up the pieces once a person enters as unemployed situation. How do you find an geographical location tat might offer more choices and opportunities. What emphasis or focus should you place when researching and testing the waters of other career or job categories. Recession and the cycle of inflation, falling dollar values, rising as prices and traditional employment sectors being moved offshore or eliminated as choices adds to the burden.
Today your game plan has to factor in more research into career paths or job descriptions you hadn't thought you'd consider in years past. In your new job search, to give yourself more options, consider expanding your horizons and reach out to professionals or experienced people in other career classes outside your chosen path.
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Thursday, June 04, 2009
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| U.S. jobless claims fall again |
| Posted by: Career-Coach |
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Fewer U.S. workers filed new claims for jobless benefits for a third straight week last week and productivity rose faster-than-expected in the first quarter, data showed on Thursday, supporting budding hope the recession was losing force.
The Labor Department said first-time applications for state unemployment insurance benefits fell 4,000 to 621,000 in the week ended May 30.
"It's still bad, but not as bad as it has been.
Source: Reuters
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| Wal-Mart to add 22,000 jobs in U.S. |
| Posted by: Career-Coach |
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Discounter Wal-Mart Stores Inc says it will add more than 22,000 jobs in its U.S. namesake stores in 2009.
The forecast points to lower growth compared with last year, as the world's biggest retailer opens fewer of its U.S. Wal-Mart discount stores to focus on expansions and renovations.
Last year, the company created 33,800 U.S. jobs, though that figure also included new jobs at its much smaller Sam's Club members-only chain of warehouse stores.
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Tuesday, May 19, 2009
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| Blue Collar workers hit most in economy |
| Posted by: Career-Coach |
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One statistic that stands out in
America's recession-stung economy is the unemployment rate for adult men: in April for the second month in a row it surged ahead of the national average to 9.4 percent versus 8.9 percent for all workers. The jobless rate for adult women was 7.1 percent.
The reasons are clear: male-heavy sectors such as construction and manufacturing have been hard hit. But the implications may be dire for the broader economy and hamper the recovery as families that once had male breadwinners struggle.
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Blue collar males lose more ground
Source: Reuters
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Thursday, May 07, 2009
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| U.S. Planned Layoffs Fall To 6-Month Low In April |
| Posted by: Career-Coach |
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Planned layoffs at U.S. firms fell for a third consecutive month in April, hitting their lowest since last October and providing yet another sign that the world's largest economy may be bottoming out.
Full details
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Monday, April 20, 2009
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| US Jobs lost |
| Posted by: Career-Coach |
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Men bear the brunt of US jobs lost Source: Ft.com
The US recession has opened up the biggest gap between male and female unemployment rates since records began in 1948, as men bear the brunt of the economy's contraction.
Men have lost almost 80 per cent of the 5.1m jobs that have gone in the US since the recession started, pushing the male unemployment rate to 8.8 per cent. The female jobless rate has hit 7 per cent.
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| Job hunting expenses - potential deductions from taxes |
| Posted by: Career-Coach |
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Your job search expenses can be tax deductible in most cases. To soften the blow of unemployment consider keeping details expense records and receipt and use them at tax time for some relief in your job search efforts.
Potential tax deductions and savings from seeking employment..
1. Expenses to and from a job interview.
- Gas for car, or rental fees
for transportation.
2. Resumes preparation services.
- Resume services such as
creation, editing and printing.
3. Costs of faxing and calling.
for interview arrangements.
- e.g., expenses at Kinko's or
overnighting resumes and cover letters
4. Clothing and accessories.
- suits, dresses, briefcases etc. used
in the pursuit of employment
- Dry cleaning expenses
5. Trade and professional magazines - subscriptions and trade magazines fees
in your respective field.
These are just some of the potential deductible expenses you can use to help defer some of the costs/price of seeking and procuring employment.
examples
I am not a tax preparer so Consult your tax person for updated and further further information.
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Sunday, March 22, 2009
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| Job Hunting tips for the jobless |
| Posted by: Career-Coach |
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Weekly Tips for the unemployed.
If you have been laid off or are currently in the job market many of your search expenses can be deducted. Keep your expenses for tax time so that you get the deductible credits offered to job seekers. Things such as;
- Resume preparation costs
- Career/trade magazines fees
- Interview expenses such as gas and food when driving to an interview
and other often overlooked miscellaneous items:
-Phone calls to arrange the interview and make trip arrangements
-Dry cleaning for interview clothes
If your very active these expenses can add up and should be deducted from your tax burden. Consult with an tax expert for restrictions and laws in your state or use many of the freely available information resources found on the Internet.
Career-Coach
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Saturday, March 21, 2009
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| California's Unemployment Rate Rises |
| Posted by: Career-Coach |
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California's jobless rate surged in February to the highest level since 1983 while unemployment in Oregon and Nevada climbed above 10 percent for the first time in more than two decades.
Unemployment in California rose to 10.5 percent from 10.1 percent in January, its Employment Development Department reported today in Sacramento. Neighboring Oregon's jobless rate rose a full percentage point to 10.8 percent, and Nevada's increased to 10.1 percent.
"The West Coast is more heavily dependent on real estate and the decline there has been more pronounced" than in the rest of the U.S., said Sung Won-Sohn, an economics professor at California State University-Channel Islands in Camarillo, California. "We are not seeing any signs of stabilization in the job market."
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Monday, March 09, 2009
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| Job search, research and information retrieval storage. |
| Posted by: Career-Coach |
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Get ready to remake your job search and interview notes portfolio. I have dozens of smaller SD cards for may devices including a portable flash memory based storage device. The newly announced SDXC will change everything and make storage issues a thing of eh past. With this new format you can maintain dozens of resume formats and company research information for years of job searching.
press release below:
SDXC SIGNALS NEW GENERATION OF REMOVABLE MEMORY
WITH UP TO 2 TERABYTES OF STORAGE
SDXC Memory Cards Provide Consumers with Massive Storage,
Incredible Speed in Familiar, De Facto Standard
LAS VEGAS - CES Booth South 3 #31277 - Jan. 7, 2009 - The next-generation SDXC (eXtended Capacity) memory card specification, announced today at the 2009 International CES, dramatically improves consumers' digital lifestyles by providing the portable storage and speed needed to store weeks of high-definition video, years of photo collections and months of music to mobile phones, cameras and camcorders, and other consumer electronic devices. The new SDXC specification provides up to 2 terabytes storage capacity and accelerates SD interface read/write speeds to 104 megabytes per second this year, with a road map to 300 megabytes per second.
The SDXC specification, developed by the SD Association, leapfrogs memory card interface speeds while retaining the world-leading SD interface. Specifications for the open standard will be released in the first quarter of 2009. SDHC, Embedded SD and SDIO specifications will also benefit from the new SD interface speeds.
"SDXC combines a higher capacity roadmap with faster transfer speeds as a means to exploit NAND flash memory technology as a compelling choice for portable memory storage and interoperability," said Joseph Unsworth, research director, NAND Flash Semiconductors, at Gartner. "With industry support, SDXC presents manufacturers with the opportunity to kindle consumer demand for more advanced handset features and functionality in consumer electronics behind the ubiquitous SD interface."
Turning mobile phones into media centers
SDXC allows users to enjoy more from their mobile phones. Larger capacity and faster transfer speeds allow for expanded entertainment and data storage. A 2TB SDXC memory card can store 100 HD movies, 60 hours of HD recording or 17,000 fine-grade photos.
"With SDXC, consumers can quickly download higher quality content to their phones, including games, video and music - giving consumers a richer media and content experience," said James Taylor, president of the SD Association. "The SD interface already has proven itself valuable in mobile phones. Now, SDXC memory card capabilities will spur further handset sophistication and boost consumer content demand."
Shooting pictures at the speed of life
SDXC is also the first memory card specification to provide 2TB storage without hindering the high-speed performance necessary for high-end photography. It will provide maximum speeds even when the SDXC specification achieves its maximum 2TB storage capacity.
"SDXC is a large-capacity card that can store more than 4,000 RAW images, which is the uncompressed mode professionals use, and 17,000 of the fine-mode most consumers use. That capacity, combined with the exFAT file system, increases movie recording time and reduces starting time to improve photo-capturing opportunities," said Shigeto Kanda, general manager at Canon. "Improvements in interface speed allow further increases in continuous shooting speed and higher resolution movie recordings. As a memory card well suited to small-sized user-friendly digital cameras, the SDXC specification will help consumers realize the full potential of our cameras."
SDXC will enable camcorders to provide longer, professional level HD video recording with a small form factor.
The SDXC specification uses Microsoft's exFAT file system to support its large capacity and interoperability in a broad range of PCs, consumer electronics and mobile phones. The exFAT system was designed for increased compatibility with flash media, from portability of data to interoperability with multiple platforms and devices on removable media.
"The SD Association is committed to answering and anticipating consumer demand for easy-to-use memory card storage that is interoperable in any device with a matching SD slot," Taylor said. "The SDXC card gives consumers a new, yet familiar, high-performance card that will be used in hundreds of manufacturers' device offerings."
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Tuesday, March 03, 2009
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| PC sales face ’worst-ever slump’ |
| Posted by: Career-Coach |
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The PC industry will see a decline of nearly 12% in 2009, analysts predict. It would be only the second period of negative growth in the industry, after a slump of 3.2% in 2002. The news follows an announcement that the semiconductor industry saw a 35% drop in sales of computer chips between 2008 and 2009.
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| In Free-Fall, Stocks Hit Lowest Mark Since ’97 |
| Posted by: Career-Coach |
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The global financial rout worsened yesterday, driving U.S. stocks to their lowest level since 1997 amid deepening questions about whether governments around the world are being forceful enough in combating the economic crisis. There was no single cause for yesterday's sell-off, which sent each of the major indicators down at least 4 percent, with the Dow Jones industrial average closing below 7000 for the first time in 12 years. Investors shaken
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Sunday, April 06, 2008
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| THE internet could soon be made obsolete |
| Posted by: Career-Coach |
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Coming soon: superfast internetJonathan Leake,
THE internet could soon be made obsolete. The scientists who pioneered it have now built a lightning-fast replacement capable of downloading entire feature films within seconds.
At speeds about 10,000 times faster than a typical broadband connection, "the grid" will be able to send the entire Rolling Stones back catalogue from Britain to Japan in less than two seconds.
The latest spin-off from Cern, the particle physics centre that created the web, the grid could also provide the kind of power needed to transmit holographic images; allow instant online gaming with hundreds of thousands of players; and offer high-definition video telephony for the price of a local call.
David Britton, professor of physics at Glasgow University and a leading figure in the grid project, believes grid technologies could "revolutionise" society. "With this kind of computing power, future generations will have the ability to collaborate and communicate in ways older people like me cannot even imagine," he said.
This is because the internet has evolved by linking together a hotchpotch of cables and routing equipment, much of which was originally designed for telephone calls and therefore lacks the capacity for high-speed data transmission.
By contrast, the grid has been built with dedicated fibre optic cables and modern routing centres, meaning there are no outdated components to slow the deluge of data. The 55,000 servers already installed are expected to rise to 200,000 within the next two years.
.... snip
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Saturday, March 08, 2008
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| U.S. Job Loss Highest in 5 Years |
| Posted by: Career-Coach |
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The short month of February was long on economic problems, as 63,000 U.S. jobs were lost over the 29 days. In other words, for those betting that a recession isn't around the corner, the outlook is dim. The New York Times: Manufacturers and construction companies, reeling from the worst housing slump in decades, led the declines in payrolls.
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Saturday, March 01, 2008
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| The Sad Implications of Sunday Sleep Problems |
| Posted by: Career-Coach |
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Source: Blog Name: GNIF Brain Blogger
Don't get me wrong. I don't get good sleep. I don't get enough sleep. In fact, I believe that, if given the chance, I could sleep for the next 48 hours. If given the choice between a new car and a few months of guaranteed good sleep, I'd probably go with the sleep. But I attribute most of this to having an infant in the house. I think that makes sense.
I know that many, no most, people have some sort of sleep issue. In fact almost everyone I know complains about one thing or another: waking up in the middle of the night, having trouble falling asleep, running thoughts, etc. What I didn't know was that Sunday deserves the official title as the "worst sleep" day according to a BBC report. In that article, almost 60% of 3,500 people surveyed said that they got the lousiest sleep on this day.
It's not hard to see the causal relationship between starting the work week and fitful rest. Most people have some type of unpleasant work issues they have to face when Monday rolls around. and those stressors impact them, even many hours before they actually have to deal with the situation. Even if we don't deal with yucky work situations, can't we all relate to living in the future instead of the present?
There's more. Over 20 million British workers say that they dread going to work the next day. Dread! In fact, they dread work so much that they say they lose an hour of sleep every night because of the anticipation. 20 million people who dislike their jobs so much that they hate the thought of going in to work. And that's only in Britain! I have two words to say to anyone in this situation: NEW JOB.
Although work related reasons receive most of the blame for bad sleep, Dr. Neil Stanley, the sleep expert cited in the article, is quick to point out other reasons Sunday receives the bad grade.
Continue reading "The Sad Implications of Sunday Sleep Problems"
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