October and November were the second- and third-heaviest months of the year for layoffs. We returned to the levels of job cutting we saw in 2001, which was the heaviest year we've ever tracked. |
One cannot dismiss the emotional response to September 11, which has led to a renewed 'life is too short' mentality,' ... Before September 11, many younger would-be entrepreneurs might have postponed their dreams until they were older, had more experience, etc. Now, we are seeing this younger generation proceed with their dreams, throwing caution to the wind. |
Overall, job cuts are down from last year and significantly lower than the record numbers we saw in 2002 and 2001, but there are still some worrisome trends, |
Pay raises have been paltry since 2001. Since 2001, wage growth has been muted because productivity has been so strong. |
People are moving to where the jobs and the growth are occurring. That means a lot more turbulence in people's lives. |
People see themselves moving (between) too many jobs today, too many companies. |
People who don't have a college degree often feel they have to hide that fact - even successful people. |
People who have been out for a while say, 'I've got to get back to work,' so they take downgraded jobs, ... Maybe they can't get a job as the plant manager, so they try to get a job as a manager on the factory line and work their way back up. |
People who have been out for a while say, 'I've got to get back to work,' so they take downgraded jobs. Maybe they can't get a job as the plant manager, so they try to get a job as a manager on the factory line and work their way back up. |
Poverty and hunger are rapidly becoming a workplace issue... if for no other reason than the fact than an employee who is worried about where his or her next meal will come from is not going to be very productive. |
Relying on outsourcing gives companies more flexibility in regard to budgeting and allows them to respond more quickly to fluctuations in the economy, |
Retailers are being forced to turn into discounters at all levels, and that early transformation to a discounting posture is putting great pressure on profits, ... Retailers make a good percentage of their profitability in the last two months of the year. This year those earnings are going to be under real pressure. They'll be fighting to keep costs down. |
Retailers are being forced to turn into discounters at all levels, and that early transformation to a discounting posture is putting great pressure on profits. Retailers make a good percentage of their profitability in the last two months of the year. This year those earnings are going to be under real pressure. They'll be fighting to keep costs down. |
Retailers, restaurants, real estate, home improvement stores... will all see business decline. |
ripe with job opportunities. |