Michel Cournoyer

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…

Originally posted on Make Me Better (TBD):
By Jenna Goudreau For the long-term unemployed or those workers looking for a change, getting an interview in today’s market may feel like a win in itself. But once you’re in the door, interviewers often put you through an obstacle course of deceptive questions with double meanings or…

Originally posted on Overseas Civilian Contractors:
Knoxville Biz  February 28, 2012 Lenoir City defense contractorEOD Technology said Tuesday it is laying off 48 headquarters employees. In a news release, the company said it was restructuring its business model in response to federal budget cuts, especially those associated with its work in Iraq and Afghanistan. The…

Economic and Opportunity Imperative: Closing the Education and Skills Gap

Originally posted on Corporate Voices for Working Families:
This post was contributed by Stephen M. Wing, President of Corporate Voices for Working Families. Sparking an economic revival and creating new jobs has no higher national priority. Yet as a national business membership organization representing companies who employ millions of Americans, Corporate Voices for Working Families…

Originally posted on Workforce Watercooler:
At the end of September, the U.S. Bureau of Labor Statistics reported that there are 3.4 millions job openings.  Meanwhile, companies are complaining of skills shortages all the time. Here’s our question for the week.  What are you doing to bridge the gap? If you’re a student, are you looking…

Originally posted on Perspectives on the Economy:
A recent Deloitte Consulting study concludes that nearly 83 % of manufacturers surveyed  report serious shortage of skilled production workers. In addition nearly three-quarters of the manufacturers report  that shortage of skilled production workers translates into adverse impact on productivity as well as plant expansion .It means passing up of new business opportunities . According to…

Originally posted on Emerging Market Musings:
The economic balance of power is gradually shifting toward emerging markets, and immigration patterns will follow suit. A brain gain is already underway in Brazil and this looks set to continue even though economic growth there has temporarily stalled. Although the influx of immigrants and returnees is positive, this…