In the News

Upper classes ‘more likely to lie and cheat’ – Telegraph

In contrast, members of the “lower” classes appeared more likely to display the traditional attributes of a gentleman. It suggests that the traditional notion of the upper class “cad” or “bounder” could have a scientific basis. But psychologists at the University of California in Berkeley, who carried out the study, also suggested that the findings … Continue reading →

Mismatch shocks and the natural rate of unemployment

The authors estimate a DSGE model that features nominal rigidities and search frictions in the labor market. They evaluate the importance of mismatch shocks in accounting for the recent behavior of the Beveridge curve. Their fndings suggest that the rise in the unemployment rate during the Great Recession is mainly due to cyclical factors rather than to an increase in … Continue reading →

Skills Gap | Europe : One in five 15-year-olds in Europe lack basic reading and writing skills

The European Commission has set up an independent group of experts on literacy chaired by Princess Laurentien of the Netherlands. EU Ministers have set a target of reducing the share of pupils with difficulties in reading, maths and science to fewer than 15% by 2020. “The launch of this group marks the start of a … Continue reading →

As the year 2011 draws to a close, uncertainty seems to pervade the employment outlook for the coming year. Many people seem glad to see this year come to a close and enter 2012 with hope for economic improvement. Too many variables prevent a clear picture of how the job market will be but  some…

Originally posted on Macroeconomics in the News:
The slow recovery of the U.S. economy, specifically, the slow decline in the U.S. unemployment rate, raises the following question. Is it possible to design labor market policies that might actually cause unemployed workers to find jobs more quickly, thereby reducing the unemployment rate? Economists Jun Nie and Ethan…

Originally posted on InfoMetrics:
By InfoMetrics Recently, the U.S. unemployment figures have come under question by many respected economists and analysts, as well as many interested observers. While the state of the economy is fairly stagnant with most major indicators flat or negative, surprisingly, the unemployment numbers are inexplicably trending downward. The questioning  of the…

Originally posted on Quit TRYING to be a Bartender . . . And Actually BE One:
Below you’ll find possibly the strongest reason for skipping bartending school. Below is an actual job posting for a bartender gig.  It gives a clear breakdown of job responsibilities.  It also says nothing about bartending schools, certificates, degrees, etc.  We’ve added notes…

A New Push For Vocational Education in Chicago and the U.S. – The 312 – February 2012 – Chicago

Yesterday the city announced a $479 million capital plan to support the city colleges’ “College to Careers” program, which, in part, would rebuild and expand Malcolm X College, “including a new Allied Health Academy that will strengthen ties to the Illinois Medical District.” As Deanna Isaacs of the Reader noted in its wake: According to … Continue reading →

How To Identify Innovative New Hires | Inc.com

Many of the resumes that cross my desk are white pieces of paper that list education, experiences, and skills. Since they’re typically from traditionally-minded people who prefer not to call attention to themselves, I don’t expect anything else. Some people who are more expressive also include links to websites, where they post videos or slide … Continue reading →

How Economists Tally Unemployment—and Its Affect on the Black Jobless Rate – COLORLINES

When the black unemployment numbers dropped so steeply in January—from 15.7 to 12.7 percent—a lot of analysts were scratching their heads to figure out why. One told us that it was “quite surprising,” but there would be no way to know what the numbers meant or whether they were accurate until we saw if the … Continue reading →

Intercontinental Hotels to create 3,000 jobs – BBC News

Intercontinental hotels, which owns the Holiday Inn and Crown Plaza hotel brands, says it will create 3,000 jobs in the UK. The company, the world’s biggest hotelier, has 275 hotels in the UK. The jobs will be created over the next three years, and will be supported by a new London-based training academy. The training … Continue reading →

American Express to cut up to 195 jobs in Brighton (From The Argus)

Up to 195 posts are to be lost at the biggest private employer in Brighton and Hove. American Express is proposing to move office jobs back to Argentina and India. The company is in talks with employees at its European headquarters in Edward Street, Brighton, to see which other roles those affected may be able … Continue reading →