Companies that develop medicines have been bleeding jobs in the last few months, with three -- Biogen Idec, Charles River Laboratories and NicOx -- announcing about 1,000 new workforce cuts this week. When will the bleeding stop?
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.
For married couples of opposite genders, the downturn's inordinate impact on men has resulted in an increasing number of wives becoming the primary breadwinner. Surprisingly, many men don't mind at all.
After so many layoffs in recent years, workers still on the job are feeling overworked and unappreciated. The lack of promotions, incompetent coworkers and uncommunicative bosses are prompting many to consider chucking it all for another job.
The government today is often blamed for causing economic uncertainty, which some point to as the source of all the economy's woes. But there's a deeper issue in play than the fact that we have to guess what's coming next: The problem is the bias in our guesses.
Changing jobs is always a bit of a stressful process, even if you're leaving your previous position by choice. But personal finance expert Jean Chatzky wants to remind you not to let this detail slip through the cracks: Roll over your 401(k).
