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.
Read more…
Business Strategy, Investing, Money, Online Investing AI, US Economy
career, emergency fund, jobs, mutual fun, personal financial freedom, unemployment, work, workers
Blogmama @ FlickrMy 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:
Read more…
Business Strategy, Dreams Come True, Internet, Money, Online Investing AI, Success
career, freedom, jobs, opportunity, wealth singularity, work from home
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?
Read more…
Accelerating Technology, Dreams Come True, Great Books, Investing, Money, Online Investing AI, Success, US Economy
economy, Investing, jobs, Money, pensions, social security, Success, technology, the wealth singularity, tv
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.
Read more…
Accelerating Technology, Automated Trading, Business Strategy, Dreams Come True, Internet, Money, Online Investing AI, Success, US Economy
company, corporation, employment, job satisfaction, jobs, portable empire, work
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.
Read more…
Business Strategy, Money, Online Investing AI, Success, US Economy
beige book, economy, fed, job, jobs, reserve, unemployment, work
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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Business Strategy, Investing, Money, Online Investing AI, US Economy
debt, employment, jobs, Money, regulations, tax, unemployment
A few days ago, I found this interesting article on the Fast Company site about hard work. Most people think that if we work hard, then our success is guaranteed. I wonder if the idea that hard work leads to success is only half the story.
The stratospheric rise of Japan, Korea, China and other Asian countries in the last 50 years is definitely largely due to hard work. Asian students dominate many of the most competitive universities in America. All other things being equal, consistent dedication to any task will create an advantage and results.
However, there is another side to the argument. Yes, it’s true that if we work hard we will make progress. But there is an important question we need to ask.
What are we working hard to achieve? What is the goal?
Read more…
Success
Asians, career, hard work, jobs, Money, school, strategy, Success
Job prospects look bleak.
Just how bleak? Check out The Great Recession Transforms Workplace, Work Force. It’s one of those methodical stories the mainstream media loves to release that makes you feel like your in a car crash and everything is moving in slow motion.
But, to speed it up: people aren’t retiring and young people aren’t finding jobs. The jobs that they do find tend to be part-time.
As the writer puts it:
“The work force is graying as college graduates can’t find jobs, young workers get laid off and older workers delay retirement. People in white-collar jobs are feeling increasingly vulnerable to economic downturns, an insecurity that blue-collar workers have known for years.”
What this means: Job Insecurity.
What the article–and so many doom and gloom tales in the media today–are short on are solutions. I think there are some.
Read more…
Accelerating Technology, Business Strategy, Dreams Come True, Internet, Investing, Money, Online Investing AI, Success, US Economy
job, job security, jobless, jobs, unemployment
We had some good news on the employment front this week. Sorta.
It looks like the rate of people losing their jobs has slowed. It’s only sorta bad because, if you’re one of those people who lost a job–no matter how slow the rate is–it’s still a scary time. But, once the shock has worn off, the newly jobless often say the moment they lost their position was the best moment of their lives.
They learned to stand on their own. They learned to trust themselves. They opened up the window to new skills and new ways to make money.
If you’re one of those people, here’s a week’s worth of articles and posts to help you through this transition period.
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Business Strategy, Dreams Come True, Internet, Money, Online Investing AI, US Economy
articles, blog, blogs, jobless, jobs, posts, surviving, thriving, unemployment, weekly wisdom
Flickr photo by Bohman
When those pink slips are passed out and those cardboard boxes appear on desks, most workers have pity and remorse for their soon-to-be departed colleagues.
But, it may be the unemployed who should pity the workers who still have a job.
First, the work load will increase without their fellow helpers there to shoulder some of the burden.
Another reason is that while the laid-off worker has accepted his or her fate, the current employees are still left with the anxiety that their positions may be the next head on the chopping block.
And, according to a survey (found in the June 29the edition of the Investor’s Business Daily), workers who are laid-off actually getting their lives together!
Read more…
Money, Online Investing AI, Success, US Economy
employment, freedom, jobs, laid-off, personal finance, worker, working
is one of my favorite financial books of all time. It's an allegory about a guy who has a terrible job, and how he overcomes challenges to achieve his dreams.
