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Lip Service? Poll Shows Concern Over Older Workers Retiring, Business Losing Skills

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Lip Service? Poll Shows Concern Over Older Workers Retiring, Business Losing Skills

Employers are apparently waking up to the fact that millions of older workers will begin retiring soon, and they’ve done relatively little about it — other than layoff older workers. A joint poll released 09 April 2012 by the Society for Human Resource Management (SHRM) and AARP shows that “U.S. employers are ramping up skills training and employee benefits aimed […]

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Commentary: Tax Deal Affirms Federal Unemployment Insurance Role For U.S. Workers

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Commentary: Tax Deal Affirms Federal Unemployment Insurance Role For U.S. Workers

By CHRISTINE OWENS — The payroll tax compromise affirms the critical role of the federal unemployment insurance program, on which millions of Americans have relied since the recession began to search for jobs, support their families and contribute to their communities. Despite extreme efforts to dismantle this basic safety net and impose significant new barriers on […]

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Spain Has 23% Unemployment, Industrialized World’s Highest

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Spain Has 23% Unemployment, Industrialized World’s Highest

The pain in Spain in plain. Nearly one out every four of its citizens are unemployed. Spain’s unemployment rate reached 22.85% at the end of 2011, meaning five million people were jobless. Spain’s the unemployment rate is currently highest in the industrialized world. Spain is facing a recession in 2012 and jobless numbers will likely […]

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What Are The Consequences Of Unemployment?

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What Are The Consequences Of Unemployment?

One portion of a recent Congressional Budget Office report (released 16 February 2012) on high unemployment recounts some facts about effects of unemployment what should seem obvious, but bear repeating. Ultimately it is the human costs of an economy racked by the consequences of Bush-era capitalism gone wild that will take the biggest tool on […]

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U.S. Union Membership Grows Slightly In 2011

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U.S. Union Membership Grows Slightly In 2011

Union membership in the United States grew slightly in 2011 up by about 49,000 members, according to a new report from the U.S. Bureau of Labor Statistics (BLS). The percent of unionized wage and salary workers was 11.8%, 14.8 million workers in 2011, down slightly compared with 11.9% in 2010, according to the BLS report […]

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Bermuda’s Economy Minister Talks Job Creation

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Bermuda’s Economy Minister Talks Job Creation

From Bernews.com: Economy & Trade Minister Patrice Minors unveiled a raft of plans and programmes aimed at job creation to put recession-battered Bermudians back to work in the coming months. The Minister touched on the creation of a One-Stop Career Centre for unemployed Bermudians, the introduction of a Job Corps and work permit exemptions and […]

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Record Low Number of People Moving Reflects Lack of Jobs

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Record Low Number of People Moving Reflects Lack of Jobs

Bad times mean staying put. The percentage of people who changed residences between 2010 and 2011 ─ 11.6% ─ was the lowest recorded rate since 1948. when the U.S. Census Bureau began collecting statistics on the movement of people in the United States. The rate, which was 20.2% in 1985, declined to a then-record low of […]

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Record 200 Million Jobless Worldwide, No Improvement Soon

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Record 200 Million Jobless Worldwide, No Improvement Soon

In a grim analysis issued 1 Nov. 2011, the International Labour Organization (ILO) says the global economy is on the verge of a new and deeper jobs recession that will further delay the global economic recovery and may ignite more social unrest in scores of countries. “We have reached the moment of truth. We have […]

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Half a Million More Jobs Lost if Unemployment Insurance Extension Expires

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Half a Million More Jobs Lost if Unemployment Insurance Extension Expires

Analysis: For many of those seeking jobs in the United States, the reality is that there just aren’t enough jobs, period. As a result, like it or not, unemployment insurance payment are helping to save the nation from losing more than 500,000 additional jobs. Should a Republican-controlled congress decide to not extend unemployment insurance, consumer […]

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EPI – Minimal Improvement in Job Prospects in the U.S.

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EPI – Minimal Improvement in Job Prospects in the U.S.

The Job Openings and Labor Turnover Survey (JOLTS) released on 8 Nov. 2011 from the Bureau of Labor Statistics shows that the number of job openings increased by 225,000 in September to 3.4 million.  The total number of unemployed workers in September was 14.0 million (unemployment data come from the Current Population Survey). Therefore the […]

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