employers

Tech Sector Job Cuts Fell to Lowest Level Since 2000

Job cuts in technology fields came to just under 47,000 last year, the lowest total for the sector since 2000, according to employment-services firm Challenger, Gray & Christmas. Better still, during the next 10 years, the sector is forecast to experience one of the fastest paces of job creation of any industry.

People@Work: These Days, Even Promotions Are Harder to Come By

Fresh data show that the number of promotions given to American workers has dwindled, suggesting that even those with jobs are having a tough time getting ahead. Fewer promotions are "a sign of the lingering impacts of the recession," one expert says.

Job-Seekers Are Getting a Bit More Upbeat

A new survey by job-services firm Challenger, Gray & Christmas found the number of unemployed seeking work similar to what it found in 2009. Now, though, there's more optimism that a job will be found. Challenger agrees, but it notes the path is still long and difficult.

People@Work: Boomers Are Turning 65 -- but Staying on the Job

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.

'Jobs for Life' Make a Comeback in Germany

With U.S. unemployment at 9.8%, its easy to envy workers in countries where many companies guarantee jobs for life. And while the number of Japanese workers with such guarantees is shrinking, in Germany, it's rising rapidly. Could U.S. companies take a page out of the jobs-for-life handbook?

Economists: Jobs Are Coming.
The Unemployed: When?

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.

U.S. Employment Prospects Improve, Survey Says

The outlook for the U.S. job market has improved, with more employers planning to take on new staff in the first quarter of 2011 and fewer planning cuts, according to a survey by staffing agency Manpower. U.S. hiring plans are improved from three months ago and one year ago, Manpower said in a statement. Still, most employers said they did not plan to take on additional staff.

Holiday Hiring Takes a Hit, Despite a Brighter Economy

Retailers and shipping companies are adding fewer new jobs than they did a year ago. One reason for the low number is that employers began shopping for seasonal workers earlier than usual, boosting hiring in October. If retail sales hold up, December could see more hiring.

Millions of Unemployed Face a Loss of Benefits

Unemployed Americans are keenly awaiting congressional action on the latest extension of jobless benefits. With a midnight Tuesday deadline looming, some 2 million jobless workers face losing their only source of income in coming weeks.

Negative Attitudes Straining Worker Productivity

About 60% of those polled in a recent survey said negativity is making it more difficult for employees to stay focused. Criticism, gossip and lack of teamwork are all contributing to reduced productivity, the poll found.

Fewer CEOs Headed for the Exit in October

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.

The Politics of Long-Term Unemployment

Come the end of November, some 2 million jobless workers won't be able to rely on their unemployment check unless Congress again extends the aid. But with the GOP regaining the House, the odds of that extension just got a lot longer.

Obama Launches Initiative to Boost Worker Skills

In an effort to boost worker skills to better match the needs of employers, President Barack Obama today unveiled Skills For America's Future, a new initiative to increase workforce development, worker training and job placement.

People@Work: Hard Times Haven't Made Workers Any Smarter

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.

The Growing Mismatch Between Jobs and Skills

In the U.S., 52% of companies report problems attracting critical-skill employees. Some of the hottest jobs over the next 10 to 15 years require tech skills that aren't gained at traditional manufacturing jobs. Here are some strategy's for getting those skills.

A Hopeful Outlook for Retailers' Holiday Hiring

Two consecutive months of sales gains among the nation's retailers may provide just enough confidence to trigger increased seasonal hiring this year, says research firm Challenger, Gray & Christmas. Even so, prerecession hiring levels aren't likely.

More Signs of an Improving Job Market

A fresh batch of data show that the job market may finally have turned the corner despite last month's uptick in the national unemployment rate to 9.6%. Among them: Fewer initial claims for unemployment and a smallest monthly layoff total since June 2000.

Obama Attacks GOP for Failing to Act on Economy

In a rare Friday press conference at the White House, President Obama stayed on the offense against Republican, accusing them of dragging their feet just as the economy needs another boost.

Domestic Workers Finally Get Some Rights

Just in time for Labor Day, domestic workers in New York state got a gift of sorts -- a workers' bill of rights, which Gov. David Paterson signed into law last week. The measure guarantees nannies, housekeepers and care providers to the elderly are paid overtime, get time off and are protected against sexual harassment.

Pay Raises Are Smaller Than Expected This Year

Workers who got less of a raise than they anticipated this year aren't alone. A new Hewitt survey of large companies finds the nation's slack recovery has prompted many employers to rein in expenses, thereby reducing planned raises and bonuses.