Tag Archives: jobs

Investing in New Businesses: The Ripple Effect

Given the state of current affairs, you may be a bit skeptical to invest your money in a new business that may or may not succeed. Essentially, you are putting money that could be used towards your own improvements to help improve the business affairs of someone else. It can be intimidating if you don’t have a lot of money. However, the rewards could be great if the venture succeeds.


Image courtesy NKNS

Beginning Expenses
After an individual invests money into a business, this goes towards various expenses in order to help it succeed. This could be anything from paper for invoices and receipts to hiring local graphic designers for logos and signs. Landlords, utility companies, office equipment stores and more will receive additional sales due to the fact that the new company needs specific supplies and equipment. As long as the new establishment can maintain itself, this income could become residual for other companies in the area that need the income.

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Banishment or Unemployment: Why Workers Choose to Stay in Bad Jobs

There’s an interesting story that some companies in Japan have banishment rooms. According to Marginal Revolution:

“Basically, banishment rooms are departments where companies transfer surplus employees and give them menial or useless tasks or even nothing to do until they become depressed or disheartened enough to quit on their own, thus not getting full benefits, unlike if they were actually let go. Imagine having to stare at a TV monitor for 10 hours at a time each day, in order to look for “program footage irregularities.” Of course companies would not admit to doing this, and instead will make up generic (or even creative) titles and department names like “Business & Human Resource Development Center” or “career development team”

You’ll see this in American operations, too. Hoping to avoid paying out unemployment compensation, some organizations will try to demoralize and demean employees into quitting on their own.

What’s even more dismaying, employees will stick it out. Apparently, Japanese workers will remain in these banishment rooms.  Only 10 percent will leave the company. The rest sit around and scrutinize television for 10 hours a day. A horrible waste of potential. Doubly dismaying: Most studies indicate that employees who are laid off or quit find better jobs: higher paying and more richly satisfying. They tend to perform well in these jobs, too.

So what gives? The Buddha might say it is nothing more than attachment. We are attached to our routines and our relationships. We derive too much of our self-esteem and self-worth from our job titles and the brand of the place where we work, too. I might add that there’s always the fear of the unknown. The saying that comes to mind: The devil that you know is better than the devil you may face in the future.

Somehow, workers become blinded by fear and are unable to see that with unemployment — or even new employment — that new positions bring not just uncertainty, but also opportunity.

What’s your opinion? Do you stay in a bad situation, or do you move on and try a new job? What’s your bottom line?



Outstanding Learning Resources

As you know, the world is changing quickly. And, one of the things that needs to change is the way we learn. Many people go to school and assume that traditional school is the only way to learn.  I have written in the past about the shortcomings of a traditional education.

Image courtesy Tulane

Today’s post is about new and better ways to learn. I have been doing that programming stuff for a long time, and it is interesting to see how changes in technology make it easier to learn. eBooks and online videos are a great complement to the old printed book.

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Outsourcing Government

Unfortunately for the American people, the U.S. national debt is approaching $14 trillion, and growing at a record pace. In fact, this works out to about $45,000 per citizen. This is far greater than the average savings of each citizen!

Are we bankrupt yet?

After ignoring the problem for decades, the media has finally begun to publicize the problem. And, the congress is actually considering doing something about fixing it. People say that democracy moves slowly, but if they take action within the next two years that would be great.

How are we ever going to get out of this debt?

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Is The Job Market Finally Turning?

Graph from Investors.com

For those without jobs and those in positions they can’t stand, the Investor’s Business Daily had some good news… Finally.

According to the Labor Department, the U.S. economy has started to add jobs.

A senior analyst from Barclays, Michelle Meyer, concurs with the assessment.

“Before summer, the recovery should lose its jobless label. By the end of the year, the recovery will feel like a recovery not just to economists but on Main Street too,” she said.

Economists expect the job market will be adding 200,000 jobs a month by year-end.

That’s all great news. But it doesn’t mean anything if we haven’t learned from this.

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Signs of a Legitimate Work-from-Home Job

Blogmama @ Flickr

My friend wants to work from home.

With high-speed internet, Skype, and a global economy, the possibility is there. But, after nearly a few thousands dollars in tools, tapes, training, and a long list of fake jobs, she still works a 9 to 5.

Are there legitimate work-from-home jobs out there?

Actually, there are legitimate organizations that offer work-from-home opportunities. The trick is to screen the job announcements for real work-from-home jobs.

Here are a few ways you can tell if a work-from-home offer is legitimate:

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Is your Financial Situation Controlled by the Economy?

Last night I was watching the news (a terrible habit I need to get rid of!) and there was another story about how bad the economy is and how hard it is to find a job. I always have the same reaction when people say they are looking for a job. It makes me wonder, “Who wants a job?”

Having a job for decades and retiring on a pension was a system that ended in the 1980’s. Since then, the economy has changed so rapidly that working in the same job for 20 years is nearly impossible. Besides that, the financial mismanagement of companies and the government has made pensions and social security unreliable.

So what’s the solution?

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Job Satisfaction is at an All Time Low. We’re Shocked. Shocked.

michelehrv @ Flickr

michelehrv @ Flickr

In perhaps the biggest no-kidding study of this young century, a recent study indicates that job satisfaction is at an all time low.

Can we just say, no kidding?

Job satisfaction is down. Scratch that. It’s not down. It’s plummeting, according to The Conference Board.

The Conference Board’s survey polled 5,000 households, and found that only 45% were satisfied in their jobs. That’s down from 61.1% in 1987, the first year the survey was conducted.

A total of 61 percent of the workforce is looking for a way out!

But it gets worse. Workers younger than 25 were the most unhappy in their jobs. These are our future. They’re saying they don’t have one.

And I say it’s all good news.

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The Silver Lining Behind The Fed’s Beige Book Cloud

Frozen Economy by lrargerich @ Flickr

Frozen Economy by lrargerich @ Flickr

The Fed’s Beige Book business survey, which reported that the economy is improving “modestly” the last few weeks. (You can read a report on the Beige Book at Forbes.)

The survey looks at economic condition in 12 markets. A total of eight of those markets are starting to show signs of increased economic activity.

That’s a little silver lining. The report also indicates that hiring remains weak and may not reach past levels in six to eight years.

That’s right: six to eight YEARS.

“But wait,” I hear you say, “I thought you said there was a silver lining. People losing their jobs and struggling to find work isn’t good news.”

You’re right. It’s not good news. At all. But, bear with me, because there is positive news in this trend.

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Why The Unemployment Rate May Not Be A Lagging Indicator


The unemployment rate is considered a lagging indicator. In other words, once the economy revs up, it takes awhile for the unemployment rate to change.

Since the process of determining company employment levels, reviewing applications, interviewing, and hiring people can take weeks, if not months, the unemployment rate lags the rest of the economic indicators.

In our current economic climate, we’re seeing economic indicators that  indicate a recovery is on the way. The market has adjusted. Earnings are improving. When this happened in other economic periods, the unemployment rate slowly dropped.

But this economy isn’t like other ones.

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