The pace of U.S. job losses has slowed but the labor market is expected to remain weak, according to reports released Wednesday.
In today's challenging economy, odds are you belong to one of two camps: You have already lost your job or you're worried that you could. Either way, you're feeling the stress of the highest unemployment rate in more than a quarter of a century and wondering what you should be doing now to improve your career prospects.
The number of mass layoffs by U.S. employers rose last month to tie a record set in March, according to government data released Tuesday that suggested the labor market has yet to stabilize.
Facebook has become the playground for finding old friends, but for some job seekers, it can also be the key to finding employment.
You know the friend who constantly dates the wrong kind of person? The one who's endlessly frustrated that he or she is going to die alone because all the good ones are taken?
Dear Annie: I know this probably sounds nutty, with so many companies cutting pay or freezing pay in order to avoid layoffs (or, further layoffs), but I'm thinking of asking for a raise. First of all, my employer has not cut or frozen anyone's pay -- at least not to my knowledge. However, we have had layoffs here, so I'm now doing the work three people used to do.
The Obama administration moved forward Wednesday on curbing runaway corporate pay practices, proposing new legislation aimed at giving shareholders a greater voice on executive pay and appointing a new so-called "pay czar."
Can't seem to find a job? Maybe you're just not looking in the right places.
Virginia's Department of Transportation is putting $694.5 million in stimulus funds to work repairing the state's roads and bridges. But that money won't save the jobs of nearly 1,500 of the agency's workers.
The role of the United Auto Workers used to be a simple one: adversary to the Detroit Three, fighting in recent decades to keep jobs in the U.S. and maintain the great wages and benefits that helped create a blue-collar middle class that stretched from Indiana to Michigan.
The pace of U.S. job losses has slowed but the labor market is expected to remain weak, according to reports released Wednesday.
In today's challenging economy, odds are you belong to one of two camps: You have already lost your job or you're worried that you could. Either way, you're feeling the stress of the highest unemployment rate in more than a quarter of a century and wondering what you should be doing now to improve your career prospects.
The number of mass layoffs by U.S. employers rose last month to tie a record set in March, according to government data released Tuesday that suggested the labor market has yet to stabilize.
Facebook has become the playground for finding old friends, but for some job seekers, it can also be the key to finding employment.
You know the friend who constantly dates the wrong kind of person? The one who's endlessly frustrated that he or she is going to die alone because all the good ones are taken?
Dear Annie: I know this probably sounds nutty, with so many companies cutting pay or freezing pay in order to avoid layoffs (or, further layoffs), but I'm thinking of asking for a raise. First of all, my employer has not cut or frozen anyone's pay -- at least not to my knowledge. However, we have had layoffs here, so I'm now doing the work three people used to do.
The Obama administration moved forward Wednesday on curbing runaway corporate pay practices, proposing new legislation aimed at giving shareholders a greater voice on executive pay and appointing a new so-called "pay czar."
Can't seem to find a job? Maybe you're just not looking in the right places.
Virginia's Department of Transportation is putting $694.5 million in stimulus funds to work repairing the state's roads and bridges. But that money won't save the jobs of nearly 1,500 of the agency's workers.
The role of the United Auto Workers used to be a simple one: adversary to the Detroit Three, fighting in recent decades to keep jobs in the U.S. and maintain the great wages and benefits that helped create a blue-collar middle class that stretched from Indiana to Michigan.
The expanded Hard Rock Hotel and Casino in Las Vegas, Nevada, has begun adding staff and plans to hire 800 more personnel as construction projects continue.
Dear Annie: I am worried about my husband of 19 years, who had a successful career in manufacturing project management until this recession hit. He lost his most recent job almost ten months ago, and at first he was doing a lot of networking, applying for jobs online, and even getting a few interviews, none of which panned out.
The pace of U.S. job losses -- while still fairly strong -- may be abating, according to a couple of reports released Wednesday.
There are jobs out there, but it might just require a map to find them.
The right words make all the difference in life. Try asking "Wanna get hitched?" instead of "Will you marry me?" for proof.
There was a time, not very long ago, when getting a job on the production line at a big automaker meant an instant ticket to the American dream, even for someone with little formal education. Not anymore.
The United Auto Workers union Friday overwhelmingly ratified a labor deal with General Motors that included concessions, but is not enough to keep the company out of bankruptcy.
The current plans to restructure General Motors and Chrysler LLC will leave the United Auto Workers union in the driver's seat at both companies. But it appears that the union would rather be in the back seat.
The United Auto Workers union has reached a deal with the Treasury Department and General Motors on changing its labor contract with the troubled automaker, one of the key obstacles that needed to be cleared for GM to potentially avoid being forced into bankruptcy in the next two weeks.
Even in the current job market, getting a pink slip doesn't always lead to long-term unemployment - especially if you're willing to do the extra legwork it takes to get hired these days. When David Hudson was laid off from his computer programming job, he sharpened his skills, did his due diligence and took full advantage of the resources available to him.
Let's say you've been job hunting for months now, and applied to so many employers you're starting to lose track of them all. One day you get a call from someone in HR at a well-known company. He found your resume on an online job board, thinks it's very impressive, and is looking forward to meeting you, he says. To set up the interview, he asks for your home address, date of birth and Social Security number.
MIAMI (AP) -- The Miami Heat have laid off employees as the national economic downturn has hit the AmericanAirlines Arena.
In today's tough job market, it's critical to stand out. So how to make sure your application gets noticed: A flawless cover letter? Killer résumé? Glowing reference from the CEO? Not even. In the worst job market in 25 years, building an online presence is crucial to getting a job. Who you connect to, "follow" and "friend" can be just as important as conventional tools like résumés.
As if losing your job isn't bad enough, a new study suggests that people who are laid off are at higher risk of being diagnosed with health conditions such as hypertension, heart disease, and even arthritis than those who keep their jobs.
There are many job fairs around the country where job seekers can meet face-to-face with potential employers. Search the list here by date or to find a job fair near you.
The unemployment rate hit a 25-year high in April, but there were signs of hope as the monthly job loss total fell to the lowest level in six months.
Despite what you might tell your boss, you've shopped online at work.
Have you ever found that the people most guilty of unruly behavior at work are also the ones who are most oblivious to their behavior?
Facing a Thursday deadline, Chrysler LLC appears on the verge of bankruptcy even as the Obama administration signaled a commitment to keep the troubled automaker alive.
Chrysler LLC picked up important support Wednesday night from its rank-and-file union members and President Obama.
As the clock ticked down Wednesday on a government-imposed deadline for Chrysler LLC to prove its viability, expectations grew that the troubled automaker would survive.
The United Auto Workers union announced Sunday it had reached an agreement with Chrysler, Fiat and the U.S. government that meets the requirements of the Treasury Department for loans to the auto giant.
A record number of senior citizens attended a job fair this week in Loveland, Colorado.
Some people go back to school when they lose their jobs. Some spend all day on their couch. Others parlay their situation into a business.
Friends, here's one thing we've all realized by now: This isn't your ordinary garden-variety recession. During one of those - in fact, as recently as last fall - people laid off by one company could often go right out and get hired by a more prosperous competitor. Now, however, entire industries (banking, autos, construction, retailing, newspapers, the list goes on...) are shrinking fast, putting larger numbers of qualified candidates in competition for fewer openings. At the same time, thousands of people are leaving active military service every month. It all adds up to a huge number of job seekers looking for work in unfamiliar businesses - which, for many veterans, means any civilian enterprise.
Holding on to your job can get pretty tough when your industry is crumbling.
Dear Annie: I got laid off from a senior management job in marketing last September, just as the worst of this recession was getting underway, so I'm now coming up on six months' unemployment. As a hiring manager for many years (I'm 47), I always looked askance at candidates who had been out of work this long, so now I'm worried that prospective employers will do the same to me.
Job fairs are getting more competitive. Recent events across the nation drew thousands of people and one fair was so packed organizers had to turn people away.
Dear Annie: I lost my job as an IT manager in a downsizing last November and am still looking for another one. Apart from the fact that the tech job market is pretty flat right now, and employers seem to be taking a wait-and-see approach to hiring, I think my personality is getting in my way.
Unemployed people with disabilities are having increasing trouble finding a job.
With a record 12.5 million people unemployed in today's labor market, it's apparent that now, more than ever before, the people looking for employment must work even harder to ensure that they stand out to employers through their applications.
Dear Annie: I've been looking for a job for three months, putting in eight-hour days of contacting people I used to work with, attending industry events, "meeting" people and joining groups on social networking sites, and putting out every other kind of feeler I can think of. I've had a couple of rounds of interviews, but each time, what looked very close to being a solid offer suddenly turned cold.
As the economy melted down last year, so did CEO paychecks. The average compensation for 200 chief executives at America's largest public companies fell 5.1% last year to $10.8 million, according to a survey published Sunday by the New York Times and research firm Equilar. The decline marked the first time in five years that top executives' pay packages shrank compared to the year before.
Job losses continued to mount in March and unemployment hit a 25-year high, according to the government's latest reading on the battered labor market Friday.
In today's tough economy, many people are praying for a job offer. When Michel Butler headed to church, he ended up with multiple offers.
These days, finding a job is all about who you know. But what if you're in a new city and you don't know anybody? Marissa Anshutz, 27, had a blossoming career in public relations in New York City, but the L.A.-native yearned to go even farther east.
The secret to finding a job in a tough market? Put yourself out there, even when you're not looking for work.
Finding a job in this economy is tough, finding two jobs is nearly impossible, unless you know someone who knows someone who can help.
With gas prices inching their way back up and traffic in most metropolitan areas bottlenecking along any rush-hour route, it's a wonder that the majority of the modern office workforce doesn't telecommute.
Al Campa, chief marketing officer of Taleo, recently received about 250 resumes for an open VP of Product Marketing position. A year ago when the job market wasn't as frantic, he says he would have received around 50 for the job at the talent management software company.
Rob Sparno recently did something that 12.5 million Americans would kill to do. He did something that has never been attempted by this many people at once in the 60 years the government has been keeping records. He did something that's getting only more difficult with every day.
Feeling frazzled lately? You may need to look further than your new baby to find the culprit.
With unemployment numbers continuing their steady climb, you've probably seen layoffs happen in your company or to someone you know -- hopefully not to you.
It is at least 1,000 pages long. It costs $787 billion. And it's as thick as two telephone books.
Looking for an online mirror of American economic woes? Check out the professional social networking site LinkedIn, where activity from Lehman Brothers employees and ex-workers spiked 315% from August to September of last year, when the bank was going through bankruptcy proceedings. LinkedIn's fastest growing region? Detroit.
With thousands of Americans looking for jobs, many businesses are saying: Sorry, we're not hiring. The Federal Bureau of Investigation is sending out another message: Come right this way.
As Warren Buffett likes to say, "It's better to be approximately right than precisely wrong." Every CEO should remember those words when confronting the powerful temptation to lay people off.
Tax season can be a frustrating and confusing time for those with a spotty employment record and little spare cash. But people who were out of work in 2008 will still have to report to Uncle Sam.
Howard La waited 90 minutes on line for the chance to spend three minutes with a recruiter from Charles Schwab.
A crowd of about 10,000 came to Dodger Stadium on Saturday, but they weren't there for a baseball game.
Robin Stearns, 28, watched her husband apply for jobs day in and day out. She watched him scour professional networking sites in an attempt to contact prospective employers.
An employment trends index decreased sharply in February, the 19th consecutive month of decline, in a report released Monday.
Few of us will ever win an Oscar. We will, however, receive a job offer at least once in our lives.
It's no secret that the job market is bad.
If you're unemployed, you know it's a rough time to be on the job hunt.
While most parts of the country grapple with massive job loss and a deficit in new jobs, the South is faring a bit better.
Does your boss raise an eyebrow when you ask to schedule time off?
The long lines of parked cars outside Dodger Stadium could have been the typical sign of an afternoon game featuring the Boys in Blue. But the massive crowd of cars at the stadium during the weekend had more to do with income than infield plays.
With the nation's unemployment rate at 7.6% and expectations for it to go even higher in this year, work-at-home Web sites which promise big money for little or no experience are extremely tempting in the best of times, but now more than ever, people are falling victims to work-at-home scams.
There were fewer mass layoffs in January, with the brunt of the job casualties occurring in the South and in temporary-help services, according to the U.S. government.
January was one of the worst months for layoffs ever, with nearly a quarter-million job-cut announcements grabbing headlines.
Employers slashed another 598,000 jobs off of U.S. payrolls in January, taking the unemployment rate up to 7.6%, according to the latest government reading on the nation's battered labor market.
There's a wealth of career information on the Internet, and these resources are just a mouse-click away for any job seeker.
For American workers buffeted by layoffs and cutbacks, January was as bad as it felt, as indicated by key employment reports released Wednesday.
Chrysler LLC is offering buyouts to all of its remaining U.S. hourly workers in its latest effort to cut costs and provide an exit for workers who are increasingly nervous about staying with the troubled automaker.
In a brutal week for the job market, an assortment of companies across various industries announced more than 100,000 job cuts.
The job market took another savage beating after several companies announced cost cutting plans that involved thousands of job cuts.
Mass layoffs hit a seven-year high in 2008, with most of the job casualties occurring in the Midwest and in factories, according to the U.S. government.
General Motors and the United Auto Workers union have agreed to eliminate a controversial program that kept workers at near full pay even when there was no work for them, the company confirmed Wednesday.
The job market continued to take a beating Tuesday, as six companies across several industries announced more than 11,500 job cuts Tuesday.
Another day, another job cut announcement by a major company.
The unemployment rate is at 7.2% - that's a sixteen year high. And even some people who ARE working aren't in a job that matches their skills.
Why don't you tell your boss you are going to work from home this year, and it's not just for your sake, but for the sake of the environment.
Friends, let's not sugarcoat it: This is an exceptionally lousy time to be looking for a job. We've all heard by now (repeatedly) that about 2 million of them vanished in 2008, more than 250,000 in the financial sector alone, and that hiring at most companies has slowed to a crawl or stopped altogether.
Renting a billboard, handing out flyers or printing up T-shirts with your contact information used to seem like an outlandish way to get a job but now unemployed workers are going to just such lengths to get attention.
There's a great deal of career information available to job seekers on the Internet. And some of the most important, timely content can be found in blogs.
The small businesses sector in December suffered its largest one-month jobs decline in at least a decade, according to an employment report by payroll processor ADP, which estimates that small companies shed 281,000 jobs last month.
Thandi Zulu was single, pregnant and staying at a women's shelter in Houston, Texas, when she received a mysterious letter one day.
Some jarring reports Wednesday that show the labor market is still staggering are giving economists reason to fret about the government's monthly jobs report due at week's end.
In the last few years, working from home has gone from being a rarity to a reality.
Americans really like the idea of working from the comfort of home... a lot.
In 20 years of career consulting, Karen Masullo has seen more job search mistakes than she can remember. There is one mistake, however, that she still chuckles about today:
Will he, or won't he dare? That was the question that consumed an otherwise social luncheon of Republican women at the White House last week.
President Bush's bailout plan contains some "targets" the government wants the automakers and the United Auto Workers union to achieve before agreeing to a bailout loan.
President-elect Barack Obama unveiled a diverse group of nominees Friday to round out his Cabinet and economic team.
Labor unions Thursday praised President-elect Barack Obama's selection to head the Labor Department, Rep. Hilda Solis.
When Martin P.* was laid off from his job as a marketing vice president, he embarked on a two-year job search and still came up short.
The United Auto Workers union said it is encouraged by the White House's decision to consider rescuing troubled auto companies by using funds set aside to bail out Wall Street.
Automakers submitted their turnaround plans to Congress Tuesday with the hopes of winning approval for a lucrative loan package they claim is necessary for their survival.
Everyday it seems businesses are laying off hundreds - even thousands of jobs. The unemployment rate is the highest it's been in almost 15 years.
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