Weak Demand for Companies’ Core Products and Services Contributes to Slow Jobs Growth
Tag Archives: USA
ManpowerGroup’s perspective on the BLS’ Employment Situation Report
Posted in Manpower News, Unemployment, Workforce News, BLS, World of Work, Karen Miller
Tagged Workforce Trends, Manpower, Unemployment, USA, Economic Crisis, Recession, BLS
Visual: U.S. Metro Unemployment Rates – February 2009
Posted in Unemployment, Workforce Trends
Tagged February 2009, Metropolitan Unemployment, North America, USA
Visual: U.S. Metro Unemployment Rates – January 2009
Posted in Unemployment, Workforce Trends
Tagged January 2009, Metro, North America Metropolitans, Unemployment, USA
Visual: Job Openings and Turnover – January 2009
On the last business day of January, there were 3.0 million job openings in the United States, and the job openings rate was 2.2 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The job openings rate fell in January, while the hires rate (3.3 percent) and the total separations rate (3.6 percent) were essentially unchanged. The annual rate for hires, total separations, and quits decreased in 2008 while the annual layoffs and discharges rate increased.
It is nice to see new hires picking up although it appears to have leveled off somewhat. Unfortunately seperations continued to increase in January and I anticipate based on what we know, we will see that trend continue for February. I do believe we will begin to see a reverse in the seperations trending as we move into March. I also believe we will see an uptick on new hires in it’s trending in March as well. While the recovery still seems to be months away and the uptick’s will not be huge, progress is progress.
Posted in Workforce Trends
Tagged Job Openings, New Hires, North America, Seperations, Unemployment, USA
Visual: State Employment Percentage Changes Year over Year – January 2009
Posted in Workforce Trends
Tagged American Employment Picture, Employment by State, North America, USA
Visual: Unemployment Rate Map by State – January 2009
Posted in Unemployment, Workforce Trends
Tagged January 2009, North America, Recession, State Unemployment, Unemployment Map, USA
IBM Sends Laid off U.S. Workers Overseas at Local Wages
Employees laid off from IBM Corporation might be able to take advantage of a new program that keeps them employed in another division of the company. The catch? Employees must move abroad and start work with the regional division at local wages.
The program is called Project Match, company spokesperson Doug Shelton told The Industry Standard.
“For IBM, this is a unique creative approach to keeping some of those employees who have been affected,” Shelton said. “We’ve got about 400,000 employees in 170 countries and this is a natural move for us.”
The transition program, according to Shelton, is very similar to the company’s programs that help employees with other career transitions, into, for instance, teaching, government agencies and the non-profit sector.
Information Week reported that U.S. workers were being offered relocation options with IBM offices in India, China, Brazil, Mexico, the Czech Republic, Russia, South Africa, Nigeria, and the United Arab Emirates.
Shelton would not confirm the destination countries but said employees were being offered placements in several international locations. Compensation will be based on average local wages in the new location, he said.
A search on PayScale.com indicates that the average annual salary for a senior software engineer India with five to nine years of experience is about 605,000 rupees per year. That’s less than $15,000.
“It’s not a program that’s for everybody,” Shelton said. “Sometimes people are from another country, and this is an opportunity to get back to a home country with the support of IBM. It’s a win-win.”
Others potential candidates might be Americans in search of an adventure abroad, Shelton said.
So far, less than ten people have shown interest in the program.
Interested employees were asked to inform their managers, who will help find a job placement. Shelton could not provide more details since the program is still in infant stages.
The relocation offer was included in letters to employees that were being laid off on January 21st and January 27th.
This just seems so crazy to me, what about you?
HT: Sindya Bhanoo
Posted in Retention, Workforce Trends
Tagged IBM, Information Week, Layoffs, North America, Offshoring, Payscale.com, Project Match, USA
Visual: Job Posting Trends – January 2009
The information below is from Indeed.com which is a massive aggregator of online job postings. I say that to give validation to their numbers below; basically their trending is very accurate. This can also help you understand where to point your job search or career change and have a higher than normal chance of success.
Posted in Workforce Trends
Tagged indeed.com, Industry, January 2009, Job Openings, Job Posting, New Hires, North America, Trends, USA
Unemployment Rate: A Visual Guide to the Financial Crisis
The picture below is from the Mint.com blog, which if you are not reading you should. Also I would encourage you to take a look at their software for your finances it is even better than their blog.
Posted in Unemployment, Workforce Trends
Tagged Economic Crisis, Financial Crisis, Mint.com, North America, Unemployment Rate, USA
Job Openings and Labor Turnover: December 2008
Well the December numbers just came out from the BLS for new hires and turnover for December 2008. As expected the news is fairly dismal. While I understand no one wants to hear any bad news, especially those looking for work it is at least good to be aware of the overall situation. Something to always keep in mind when looking at these types of numbers and charts is that not every area in America feels the recession in the same way. One spot of good news though is that the blue line which represents new hires is heading in the right direction. Hopefully that will continue (but keep in mind that this is for December).
What we see is that on the last business day of December, there were 2.7 million job openings in the United States, and the job openings rate was 1.9 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The job openings rate in December was the lowest point so far in the 8-year-old series. The hires rate was essentially unchanged in December at 2.9 percent and remains low. The total separations rate jumped to 3.7 percent, due to rising layoffs and discharges.
The red line is seperations/discharges and the blue line is new hires. You can click on the picture to make it bigger.
Posted in Workforce News
Tagged BLS, Bureau of Labor Statistics, December 2008, Hiring, Job Openings, Layoffs, New Hires, North America, Turnover, USA
Visual: Unemployment Rate by State in North America
Posted in Workforce Statistics
Tagged December 2008, Layoffs, North America, Unemployment, Unemployment Rate by State, US, USA
Freedom is not Free
Posted in Manpower News
Tagged Airforce, Army, Coast Guard, Freedom, Marines, Navy, USA, Veterans Day












