Another Rough Summer Ahead for Teen Jobs
Teens hoping for employment this summer aren't likely to find the job market much better than last year, when teenage job seekers experienced the weakest seasonal market in decades.
Teens hoping for employment this summer aren't likely to find the job market much better than last year, when teenage job seekers experienced the weakest seasonal market in decades.
After years of recession and a less than stellar economic recovery, growing numbers of worker are feeling the emotional toll. More of them than ever feel undervalued, stressed out, and dissatisfied with their jobs, a new survey finds.
Amid high unemployment rates and rising health-care costs, a smaller proportion of Americans -- less than 45% -- are getting health insurance from their employers, according to a recent Gallup survey.
To retain and attract top employees, U.S. companies are turning to perks such as subsidized training and flexible work conditions rather than raises. These incentives are finding a welcome among employees, too, especially educational benefits.
New forecasts show that the worst may be over for the construction industry, which was hit harder by the Great Recession than any other sector, as construction projects slowly resume. Some 27% of construction firms say they plan to add staff this year, while only 20% plan to cut jobs.
Tech layoffs came to just under 47,000 last year, according to employment-services firm Challenger, Gray & Christmas. Better still, during the next 10 years, the sector is forecast to have one of the fastest paces of job creation of any industry.
After increases during 2007 and 2008 in the number of unionized workers, 2010 is following 2009 in showing a big drop. Governments now employ more union labor than the private sector does, but both categories showed declines in 2010. It's a far cry from labor's glory years.
The dawning of 2011 marks a milestone: The first of the nation's 76 million baby boomers turn 65, the traditional retirement age. New polls, however, show that for a range of reasons few boomers of this age are ready to retire. In fact, some don't ever expect to stop working.
In a bid to promote a more polished image, Swiss-banking giant UBS is giving employees a 43-page guide that advises them on how to dress to impress when dealing with clients, in extreme detail. Do: Wear jackets buttoned. Don't: Let underwear be seen.
An increasing number of observers, citing a preponderance of positive data, are optimistic that the stagnant labor market is finally beginning to gain momentum. But the pace is still way too slow for those desperately seeking work.
Americans who have been jobless for long periods are keenly awaiting congressional action on the latest extension of benefits. With a midnight deadline looming, some 2 million people face losing their only source of income.
The number of chief executive officers leaving their posts in October fell to its lowest level in 18 months, according to a new report released today. The drop seems to show that the volatile job market, at least among corporate chiefs, appears to be stabilizing.
Low pay, lack of benefits and other issues drove Ayo Collins and three other Jimmy John's workers to enlist the aid of the Chicago-based Industrial Workers of the World to help organize 10 targeted Minneapolis stores. The effort fell short, by a vote of 87 to 85.
If the recession and subsequent high employment proves anything, it's this: The scarcity of jobs hasn't made workers any smarter. Just-fired CNN anchor Rick Sanchez is a good example. Unfortunately, he's hardly the only one.
Two consecutive months of sales gains among the nation's retailers may provide just enough confidence to trigger increased seasonal hiring this year. Even so, pre-recession hiring levels aren't likely.








