TheJobBored

There’s a series of things “they” always tell us to do: payoff your debt, never carry a credit card balance, fully fund your 401k and IRA every year…
One of the things “they” also mention is a rainy day emergency fund. How many of us out there are disciplined enough to have one of these? And […]

[Read more →]

At 5.1%, the current unemployment rate is relatively low by historical standards. But the percentage of jobless Americans of prime working age — 13.1% for men 25 to 54 years old — is historically high. Most of them do not qualify as unemployed, but they are nonetheless out of work.
This discrepancy exists because the government’s […]

[Read more →]

The best time to prepare for a job loss or a layoff is before it happens. Anticipation. Preparation.
I’ve been thinking a lot about this issue lately, so I’ll have a bunch of posts on this this week. There were a lot of good things on the internet this weekend about just this topic.
Starting with this […]

[Read more →]

Though, I think Steve-o had good news yesterday too.
April 24 (Bloomberg) — The number of Americans filing first- time claims for unemployment benefits unexpectedly fell last week to a two-month low, a sign some companies have put firing plans on hold.
Initial jobless claims decreased by 33,000 to 342,000 in the week ended April 19, the […]

[Read more →]

digg_url = ‘http://digg.com/educational/The_First_Thing_To_Do_When_You_Get_Laid_Off_Claim_Your_Inte’;We all know that when you’re fired or laid off from a job, you can’t take it all with you.
You’ve got your pictures and the tschotskies you have on your desk, and that’s about it. Your memos, your business practices, even the very files on your computer might belong to the company […]

[Read more →]

I’ve been holding off on giving you a daily rundown of the bad jobs and economic news (even though last Friday’s news was pretty definitive).
Still, this can NOT be good.

[Read more →]

When a company is doing well, it will rhapsodize often about how its “most valuable asset” is its “people.” But when a company is doing badly, those “assets” quickly become their most expensive (and thus expendable) expenses.
I thought this post from Valleywag summed it up so nicely, I have to quote the whole thing:
Nortel, the […]

[Read more →]

Yes, we covered the rumors before they were fact.
But this is taking things to the extreme. Wallpapering the bathrooms… that HAS to be cheaper than an ad campaign on Monster or CareerBuilder!

[Read more →]

According to Valleywag, the layoffs at Yahoo are not only being mis-managed, the very notion that they resorted to layoffs when they maybe didn’t have to is a further symptom of management dysfunction.
Yahoo’s pending plans for layoffs have curious timing. You see, a number of Yahoos were in the job market already. A fair number […]

[Read more →]

Led by columnist Henry Blodget (remember him?) rumors abound this morning that Yahoo is considering layoffs of as much as 2,500 jobs in the next two weeks. This would represent between 15-20% of their workforce. Others are discussing similar rumblings.
My take would be that this is not because of a worsening economy or even weaknesses […]

[Read more →]