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Bursting of the housing bubble has not generated any noticeable increase in structural unemployment
“Some economic observers argue “structural unemployment” has increased in the wake of the Great Recession” write John Schmitt and Kris Warner in Deconstructing Structural Unemployment published by the Center for Economic and Policy Research. Structural unemployment refers to unemployment that reflects supply constraints in the economy: workers whose skills or geographic location don’t match with employers’ desires. Structural unemployment differs from cyclical … Continue reading
Gov. Snyder, Mayor Bloomberg: Immigration debate should be about economics, not politics | Detroit Free Press | freep.com
In a presidential election in which both sides are debating economic growth and immigration separately, all parties should emphasize the relationship between them. The fact is the link between legal immigration and job creation couldn’t be stronger. Immigrants, especially those with advanced degrees, play a vital role in helping U.S. companies create jobs, as … Continue reading
Robert Reich (As Santorum and Romney Battle for the Loony Right, the Rest of Us Should Not Gloat)
My father was a Republican for the first 78 years of his life. For the last twenty, he’s been a Democrat (he just celebrated his 98th.) What happened? “They lost me,” he says. They’re losing even more Americans now, as the four remaining GOP candidates seek to out-do one another in their race for the … Continue reading
Why China Will Have an Economic Crisis
The view in most of the world is that China is indestructible. Shrugging off the crises multiplying elsewhere, China seems to surge from strength to strength, its spectacular growth marching on no matter what headwinds may come. It appears inevitable that China will overtake a U.S. mired in debt and division to become the world’s … Continue reading
Jackson Announces Large-Scale Layoffs « CBS Miami
Jackson Health System chief executive officer Carlos Migoya announced Tuesday that more than 900 people will be laid off and nearly 200 positions will be eliminated in a cost cutting move for the troubled hospital system… via Jackson Announces Large-Scale Layoffs « CBS Miami.
Following Up After an Interview with Social Media? | CAREEREALISM
Everyone has their own personal social media policy. One friend of mine told me that he was a “Facebook prude and a LinkedIn whore.” In contrast, I’ve met people who won’t even consider accepting a LinkedIn invitation until they had at least a 15 minute conversation. Many LinkedIn trainers tell people how to run their … Continue reading
Former Lehman Worker Says Long-Term Unemployment Is ‘Demeaning’
At one time, it was easy for Pamela Vernocchi to get a job — she’s worked at several large financial firms on Wall Street — until she got laid-off in 2008. Since then Vernocchi has been on 30 job interviews and submitted around 4,000 resumes. She’s still unemployed. “Back in the day, I had to turn … Continue reading
Student Debt in U.S. Rises to $867 Billion, New York Fed Says – Bloomberg
Debt from educational loans in the U.S. rose to $867 billion last quarter, according to the Federal Reserve Bank of New York. The total increased from $865 billion three months earlier, according to a report released today. The figure comprised both federally backed loans, which are secured by the U.S. government, and private borrowing. While … Continue reading
Colombia unemployment rate may reach double digits again – Colombia news | Colombia Reports
Colombia’s unemployment rate may rise to double digits again, said a former director of the National Administrative Department of Statistics (DANE) on Tuesday. The DANE will release its monthly report for January on Wednesday and the former director Cesar Caballero warned that the news is not likely to be good. Unemployment fell to the single … Continue reading
German unemployment lowest in 20 years
The positive development in the labour market continued at the beginning of 2012. As reported by the Federal Statistical Office (Destatis), the number of persons in employment living in Germany totalled 41.06 million in January 2012. This was the first time in any January that the number of persons in employment exceeded the 41 million … Continue reading
Indiana’s $2 billion unemployment debt
Our Team continues our investigation into alleged mismanagement of the state’s unemployment system, turning now to who’s in charge of watching over the agency. Current and former employees came forward to I-Team 8, exposing that they were told to use questionable tactics to reduce the workload of an overwhelmed system. Our questions now turn to … Continue reading
High Unemployment Not Primarily Driven by Lost Construction Jobs – Economic Intelligence (usnews.com)
We often hear that today’s high unemployment is being primarily driven by workers who were laid off from construction jobs, but it’s not true. It is true that the bursting of our 8 trillion dollar housing bubble meant an enormous loss of construction jobs and that unemployment in construction is severe. But the bursting of … Continue reading
10 Reasons to Hire the Unemployed | SmartRecruiting
10 Reasons to Hire the Unemployed by SmartRecruiters CEO Jerome Ternynck Jerome Ternynck speaks of Technology and Zero Unemployment at an #HRtech Conference 1. The unemployed are hungry. 2. They are willing to work. 3. The unemployed are talent ready to adapt to vision. 4. More willing to give greater commitment. 5. They are not jaded … Continue reading
Veterans Can Qualify for Unemployment | Military Family Central
Veterans and service members just separating from active duty who can’t find a job could qualify for unemployment compensation. The transition back into civilian life is not easy, that’s why the Unemployment Compensation for Ex-Service members program (UCX) is there to help out on the financial front when those who serve separate from the military and … Continue reading
Your Facebook Profile Can Predict Your Job Performance
Originally posted on Airman & Family Readiness Center:
It can take as little as 10 minutes for someone to go through your Facebook profile and predict how you’ll perform in the workplace. In a new study to be published in the Journal of Applied Social Psychology, researchers asked a university professor and two students to…
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