Friday, May 15, 2009

More bad news this time from GM

GM shuts down 1100 dealerships. So using our previous math of 50 people per dealership that's at least 55,000, I hope this ends soon. This was just 100,000 people loosing their lively hood in just 2 days - a conservative estimate.

D Day for Chrysler

It will be a rough day for almost 800 dealerships nationwide as Chrysler has send overnight letter informing the dealership of their status. The impact of this is to all the people that the dealership employees you figure at least 50 people for each dealership that's aprox 40,000 people impacted by this one action. This is without counting land lords who own the properties that the dealerships are on.This one is going to hurt folks.
More on Money.com

Thursday, May 7, 2009

Hired on Facebook

This is an excellent idea - to use a social networking site such as Face Book to spread the positive news of how people got jobs in this tough market. I feel surrounding ones self with good news is important - it gives you a positive outlook that is very important.

Check out the site: Hired on Facebook

Wednesday, May 6, 2009

Someone got a great job!

Remember the contest that the Australian Tourism Authority held for the Best Job in the World? Well for those of you who do not: they advertised for someone to live on an island and to blog for 6 months for over $100,000. Well Mr Ben Southall from the UK is the lucky man to score this job.

Story from the United Press International.

More people think there is a recovery

Its amazing how mob like the press is - are there any contrarians in the press I wonder?

The Seattle times has an article on the recovery.

The official labor department statistics on employment come out this Friday - here's hoping for some good news!

Tuesday, May 5, 2009

Best places to find a job

PayScale.com has done some research that Money.com is reporting on that lists the best places to find employment.

Colorado - High tech & Bio tech
Madison, Wisconsin - Government, Bio tech & Education
Washington D.C. - Government, Defense & Nonprofits
Salt lake City - Education, Tourism & Transportation
(Tourism in Salt lake City - can someone enlighten me on this? Skiing?)
Lafayette, Louisiana - Oil & gas
Huntsville, Alabama - Defense, Telecom & Aerospace

There are some generalizations we can take away from this list, there is a lot of money being spent by the government, we are fighting two wars so there is a lot of spend in defence and energy will only get more expensive so the spend in this space will go up as well. Where there is spend there is money for people and jobs for people.

Recovery!!!

There is a certain buzz about - people are cautiously optimistic - some are even saying the R word - Recovery! Looks like the data backs it up joblesses have slowed the market keeps creeping up.... ok folks this is the time to catch your second wind and to try that much harder to find your next gig.

Story in the NY Times.

Microsoft to lay off 5000

Why does a company with so much cash and easy +ve cashflow have to layoff 5000 people? It beats me! I think we have reached the stage in the game where big companies are taking the oppertunity to get rid of people with the all encompasing excuse of the "bad economy".

MS to layoff 5000 from CNNMoney