There is a fantastic article in the Wall Street Journal, Obama's Rhetoric Is the Real 'Catastrophe,' comparing our current economic situation to past downturns. The article details several major economic statistics for three time periods, the current situation, the recession of '81-'82 and the Great Depression.
Job Market Archive
I received the CareerBuilder Hiring Forecast for 2009 along with a few other reports from CareerBuilder recently. There are a number of interesting items in the reports, and two in particular that jumped out to me.
This weekend, it was reported that challenges in the auto industry extend beyond domestic producers. Porsche is going to shut down production for eight days, Volkswagen is considering a three week shut down and Audi is preparing to announce a temporary shutdown. As the world economy slows, companies
Indeed.com has an excellent tool to examining trends in the job market. Indeed is a search engine for jobs. It visits thousands of sites, job boards, company sites and bulletin board sites, and captures information about posted jobs. It then allows a job seeker to search all
The Ladders issued their 3rd Quarter Job Market Trends report this week. The report has some very interesting data. In particular, they provide a measure of the number of job seekers for each position. The Ladders focuses on positions with salaries over $100k, so this isn’t a
CareerBuilder recently released their fourth quarter Job Forecast report. One of the measures they track is the how soon employees expect to change jobs. In the report, it shows individuals are putting their job search on hold. People that have a job are choosing to stay in
Over the last five years, there has been a lot written about Generation Y – the generation that is currently in their 20’s. One of the topics that is most prominent about the Y’s is the development of helicopter parents. If you haven’t heard about this it
With the current financial crisis, there is tremendous uncertainty in our economy. This is most obvious in the financial markets after Monday’s decline. The markets are worried and investors react to increasing risk by selling. Now the decline in stocks doesn’t directly affect the job market. In
In New York this year, there have been over 49,000 layoffs in the financial sector. Lehman contributed a lot of those and other firms had their share. The job market on Wall Street is going to be tough for the foreseeable future. So what do you do
There is currently a discussion on LinkedIn Answers about whether a hidden job market exists and the common belief that the majority of jobs are never posted. I posted an answer, but a much better answer was posted a little while later by Gerry Crispin of CareerXroads.