Recession Wire

• 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 […]
• Recession Briefing: Bull Market Turns One Year Old March 9, 2010
  What you need to know today to survive and thrive in the recession. On Wednesday investors will celebrate the first birthday of the current bull market -- the one born a day after stocks hit rock bottom on March 9, 2009, ending the second-worst stock market meltdown in history. (USA Today) The percentage of workers who said they have less than $10,000 in sav […]
• Personal Branding the Concert Pianist Way March 8, 2010
  Most of us have heard so often that it’s important to have a personal brand that we’re sick of it. The overuse of the term is beginning to devalue it. I’m not a box of cereal; I’m a human being, you might say. That is true. And it is increasingly difficult to find a differentiator as the competition for jobs and consulting assignments is so fierce. Maybe it’ […]
• Screwed: 500 at Vodafone March 8, 2010
  A daily review of the employment fallout around the country and the world. Today's Total: 887 Vodafone will make 500 job cuts throughout the UK as efforts to cut £1 billion in company costs...In LA County, 300 Los Angeles Supreme Court employees will be handed notices by March 16 about subsequent unemployment on April 1st...In South Carolina, the Union […]