Here are some great articles I’ve read over the past week (or so). Take a look:
“The median duration of unemployment is, today, more than double what’s it been at any point in the last half-century, at 6 months and counting.” That’s the opening point after linking to an ugly chart that shows it. But the point of A Deeper Kind of Joblessness is that through our choices, we are eliminating anything that looks like a good job. A convincing argument; but very few companies will implement the suggestions.
I’m an advocate for statistics and numbers on many things — like resumes. This article shows what has happened to the Middle Class in the US over the last decade or so. And, seriously, it is not pretty.
Eve, at Career Diva, has been following one man’s journey from layoff to now. It is a multi-year look at what can happen from a recession. This article is the latest in the series. If you want the human side of the statistics above, this is an article for you.
Bob Herbert speaks with one economist who makes the compelling case that corporations used the recession to significantly cut payrolls — and they are not hiring either. In aggregate, since 2008, profits are up $500+ billion while payrolls are DOWN $122 billion in the same time frame. “The treatment of workers by American corporations has been worse — far more treacherous — than most of the population realizes. There was no need for so many men and women to be forced out of their jobs in the downturn known as the great recession.”
In Trust Matters, Charles H. Green responds to what is needed to restore confidence and trust in business. This, after a business panel on CNBC answered the question with “tax cuts.” Yes, what is needed to restore confidence in business is to give business more tax cuts. Which tells you either how much business doesn’t care about restoring trust and confidence or how far they have to go to even recognize the problem. In either case, the rational world knows what is needed and Charles nails it.
People who are New Work Pioneers won’t put up with poorly run job interviews. Anita Bruzzese chronicles what happens to a company’s reputation when poor interviews happen–and the company loses the great talent in the process. Bad interviews can come back to bite companies. Yes, they can.
Christine Livingston takes a look at the human side of not having any work and offers tips on “staying street-savvy, without giving your soul over to the whims of the economy.” It is incredibly good advice.
Enjoy your week. I am looking forward to mine and hope you are too.
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