Recession Wire

• Recession Lessons from the Jersey Shore March 10, 2010
  Toss out your econ books and get your nose out of the financial section, because the best real-world lessons for surviving a recession aren't in any textbooks or newspapers. They're staring you down on Jersey Shore—the MTV reality series about eight 20-somethings struggling to find their true selves while living in a world awash in recession. Okay, […]
• Recession Briefing: Hiring Finally Happening March 10, 2010
  What you need to know today to survive and thrive in the recession. Job openings rose sharply earlier this year, evidence that employers are slowly ramping up hiring as the economy improves. The number of openings in January rose about 7.6 percent, to 2.7 million, compared with December, the Labor Department said. That's the highest total since February […]
• Screwed: 2,000 at Chevron March 10, 2010
  A daily review of the employment fallout around the country and the world. Today's Total: 5,788 Chevron will lay off 2,000 workers this year... The financial crisis described by Westchester County Exec Rob Astorino may result in up to 1,600 county layoffs... Irish airline Aer Lingus is laying off 670 employees under a new restructuring plan...the Montgo […]
• Gen Next Will Rock the New Normal? March 9, 2010
  Millennials were born with the internet. They've probably never used card catalogs, Walkmans or typewriters. And unlike older workers, they don't believe in job security. In a nice counterpoint to a recent Atlantic Monthly story that argued GenY will be permanently handicapped by the recession, Nancy Cook, writing for Newsweek, wonders whether youn […]
• Screwed: Possible 4,500 in Jackson Health System March 9, 2010
  A daily review of the employment fallout around the country and the world. Today's Total: 5,076 The Jackson Health System in Florida is considering cutting a whopping 4,500 jobs and two hospitals to close its budget gap...In San Francisco, bio-tech company Exelixis Inc will cut 270 jobs, currently 40 percent of their workforce...In Tennessee, Ford Motor […]