employment

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Today's Sexy Job: Statistician
 Today's Sexy Job: Statistician 

Today's Sexy Job: Statistician

With so much data to crunch, firms need them—and will pay up

(Newser) - Forget the nerdy image: In today’s digital world, statisticians are hot, the New York Times reports. Big firms like Google need number-crunchers to parse piles of data, and they’re willing to pay for it—a statistician with a PhD can rake in $125,000 in his or her...

5 Jobs in Social Networking
 5 Jobs in Social Networking 

5 Jobs in Social Networking

(Newser) - Facebook addiction interfering with your work? Perhaps you should get a job where an intimate understanding of social networking is a prerequisite. Rachel Zupek runs down five possibilities for CNN.
  • Recruiter: The social networks are swarming with qualified candidates, "and it's about time recruiters joined them." They can
...

'09 Grads Picky Despite Grim Jobs Market

Below-par jobs rejected as grads wait for economy to rebound

(Newser) - Many of this year's college grads are confounding career advisers by rejecting suggestions that they can't afford to be choosy about what job to take in a recession, the New York Times reports. The grads say they don't want to be forced into less-than-ideal jobs and career paths by economic...

'Recession-Proof' Job Is a Myth: Experts

(Newser) - If the downturn has you considering a “recession-proof” job like teaching or medicine, think again, Greg Burns writes in the Chicago Tribune. The recession has affected all sectors, from layoffs and lower enrollment at educational institutions to dwindling state budgets choking civil servants. “It’s a question of...

Bleak Jobs Report Raises Red Flags on Recovery
Bleak Jobs Report Raises Red Flags on Recovery
ANALYSIS

Bleak Jobs Report Raises Red Flags on Recovery

Weak labor market expected to cause longer recession

(Newser) - So much for those so-called green shoots of recovery. Yesterday's worse-than-expected unemployment report has far more red flags of warning on the jobs front, writes Moira Herbst in BusinessWeek. Among them: the average work week shrank to 33 hours, the lowest on record; hourly earnings remained flat; long-term unemployment rose...

Looking for Work? Better Have a Job Already

Another hurdle for job-seekers as unemployment nears 10%

(Newser) - Finding a job when unemployment is at 9.4% is hard enough. But the recently laid-off have another hurdle to contend with: Many employers are most interested in attracting candidates who are still working, the Wall Street Journal reports. “If they’re employed in today’s economy, they have...

Many Toil Through Forced Leave

Workers on furloughs aren't granted—or won't allow themselves—time off

(Newser) - Sure, required time off beats a layoff—but that can be tough to remember as many continue working through their furloughs, the New York Times reports. Some worry their jobs are at stake if they don’t keep working; others just can’t get their employers to schedule days off....

Avon, Mary Kay Defy Recession
 Avon, Mary Kay Defy Recession 

Avon, Mary Kay Defy Recession

(Newser) - More and more recession-plagued Americans are turning to direct-sales companies like Avon for extra income, the AP reports. Mary Kay saw its sales force grow by 22% this year, and Tupperware also reports higher profits and more salespeople. "'I need money.' That's what I've been hearing since about...

Obama's 'Jobs Saved' Claims Are Pure Hokum
Obama's 'Jobs Saved' Claims Are Pure Hokum
OPINION

Obama's 'Jobs Saved' Claims Are Pure Hokum

Ex-Bushie: Media won't call White House on its unmeasurable metric

(Newser) - President Obama confidently declared yesterday that the stimulus plan had already “saved or created” 150,000 American jobs and would “save or create” another 600,000 by this summer. Which is pretty surprising, former Bush official William McGurn writes in the Wall Street Journal, because the economy’s...

GM Close to Hummer Sale That Would Save 3K US Jobs

Has picked a buyer; deal would be finalized by Sept.

(Newser) - GM has selected an unnamed investor to buy its hulking Hummer brand, in a move aimed at saving more than 3000 US jobs, sources tell the Wall Street Journal. They say the company hopes to seal the deal, rumored to be in the $200 million range, by September. An official...

Work With Your Hands: It Makes You Honest

(Newser) - Greasy, sweaty manual labor instills a moral code that middle managers will never understand, Matthew B. Crawford writes in the New York Times. A doctoral graduate in poli-sci, Crawford parroted opinions at a Washington think tank before turning to motor bike repairs. Now he feels a deep satisfaction as customers...

AmEx to Ax 4K Jobs in $800M Chop
AmEx to Ax 4K Jobs in $800M Chop 

AmEx to Ax 4K Jobs in $800M Chop

Cuts are in addition to 7K workers laid off last fall

(Newser) - American Express said today it plans to slash 4,000 jobs as part of an $800 million cost-cutting plan, CNNMoney reports. The cuts are in addition to 7,000 workers slated last fall to be laid off. Amex also plans to reduce operating costs and investment spending. The company "...

College Grads Face Years of Lower Wages

Economists pile on the bad news for the struggling class of '09

(Newser) - The recession will mean paltry pay for the Class of '09 for many years to come, economists tell the Wall Street Journal. College grads are entering the toughest labor market in 25 years and competition is driving down starting wages for those lucky enough to land jobs, an effect research...

Hiring Healthy, Even During Downturn

Dire employment figures disguise huge amount of vacancies opening up

(Newser) - Grim unemployment figures are disguising the fact that hiring has stayed surprisingly strong in the midst of the worst postwar recession, economists tell the New York Times. In February—long before any hint of recovery emerged—4.8 million workers lost their jobs, but 4.3 million people were hired,...

May Starts Slowly; Dow Up 41
 May Starts Slowly; Dow Up 41 
MARKETS

May Starts Slowly; Dow Up 41

April employment report is next key metric for investors

(Newser) - Stocks closed moderately higher today after a seesaw session with light trading volume, the Wall Street Journal reports. After a strong April, investors are trying to predict how a recovery—or the lack of one—will play out, and are anticipating ADP’s April employment report, due next week. Manufacturing...

Amish Finally Cotton to Unemployment Checks

Church elders ease restrictions to help workers weather recession

(Newser) - Some Amish have decided unemployment benefits are one modern invention they can’t afford to shun, reports the Los Angeles Times. The shrinking supply of affordable farmland has forced a growing number of Amish men into factory work in recent years, and church elders relented on restrictions on government aid...

'Job Sprawl' Sucking Work From Downtowns to Suburbs

(Newser) - More and more US companies are setting up shop in suburban areas far from urban centers in a trend known as “job sprawl,” USA Today reports. Though urban jobs increased overall from 1998-2006, a Brookings Institution report shows the share of employment opportunities within 3 miles of downtown...

Dow Up 153 in Strong Q2 Start
 Dow Up 153 in Strong Q2 Start 
MARKETS

Dow Up 153 in Strong Q2 Start

Improved manufacturing report lifts indices

(Newser) - Stocks kicked the second quarter off strong today as good manufacturing news lifted confidence, the Wall Street Journal reports. Stocks initially fell after a worse-than-expected jobs report, but rose after an index had March manufacturing as better than February’s, though still signaling contraction. The Dow rose 152.68 to...

Blacks Still Unequal in US: Report

African-Americans remain less employed, more often imprisoned than whites

(Newser) - Though a black family occupies the White House, inequality between African-Americans and whites persists in the US, a study by the Urban League says. Blacks are twice as likely to be jobless, three times more likely to be poor, six times more likely to have spent time in prison. A...

College Towns See Lower Unemployment
College Towns See Lower Unemployment

College Towns See Lower Unemployment

Many boast unemployment rates far below national average

(Newser) - If you’re stymied by the tough job market, set your sights near a university: three of the six metropolitan areas with unemployment under 4% are college towns, and other academic havens boast unemployment numbers far below the 8.5% national rate. “We’re hurting for people,” an...

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