Unemployment Rises, Stocks Fall
According to government records jobless rate is 9.5%, which is slightly less than what was expected, but nonfarm payrolls make 467,000 people jobless.
It was said by the Labor Department that in June US employers have cut down more jobs than what was expected by the analysts raising the unemployment rate up to 9.5%.
It had been the headline number that 467,000 jobs has been trimmed from nonfarm payrolls, investors were also greatly concerned about a decline that is observed in the average workweek, it falls to 33 hours in June from 33.1 in May. It has been indicated by this figure that a growing number of workers are underemployed, implying further declines in wages.
Why You Should Never Do a Job? Part – 1
The alarm buzzes which forces John to wake up and turn it off. Just as a trained laboratory rat acts according to his training, likewise he automatically does all his daily work; it seems as if he has been programmed to do these works for years. He gets up, makes a cup of coffee to stimulate him, takes a shower, wear his office outfit and leave for his work.
What we All Do Daily at Work?
Now what John will do in office? He will spend whole day working for someone else on the property owned by someone else, performing someone else’s bidding. And for the rest of his life he is bounded to lead his life in the same way. This is what all of us do. But the sad thing is that John considers this life, which is filled with restrictions and obligations, as a normal and healthy life.
“Get A Good Job”- Why Should It Be the Only Aim of Our Life?
Most of workers live with an ambition to “get a good job” and work for another person or business. In this article you will be explained that why, for most of the people, a job is only the first short-term step which they take on a long road towards financial independence. Almost anything else is nothing but just a blind waste of time, money and financial security.
How to Identify 12 Type of Office Workers
Office is a strange place. If you have been working indoors for long enough you start to see patterns. Here is how I try to classify office workers in my workspace. I can easily classify them in 12 distinct categories. Here is my list for you to enjoy.
Arrival Time Checker
These are the workers who reach office fifteen minutes before timing and are considered pest by the other colleagues are just liked by the boss. 
They can be recognized by the serious looking facial characteristics.
Open Eyes Sleeper
They are the workers who say “yes sir!” on all work assigned to them. 
They are found in every meeting with power point presentations.
Blackberry Addict
They always seen busy with their blackberry and are prone to pranks. 
They are usually not aware of all the things going around them.
Top 10 Most Annoying Co-Workers
Your pain can be felt by any individual, if you work in an office and your co-workers are annoying. Sometimes the colleagues in the office make it so easy to achieve your office goals and sometimes this diversity can make the environment awful and agonizing. We have categorized The most terrible and irritating office workers into Top 10 classes. These most annoying workers are listed in reverse order of their irritating nature.
10. The Wanderer:
Some office workers just aimlessly walk in your cabin without any agenda, plan or chat/talk 3 to 4 times a day. They just wander in your cabin and when you ask them what’s up. They reply in a very pleasant way that he or she is just watching what you are doing, and after that they just leave the cabin.
9. 9 to 5 Eaters:
These are the colleague who eats in all office hours and also produce constant sound of crushing is coming from their mouth, fruits, candies, cakes, snakes and what not. Try to avoid passing by near their desk. If the bin under their desk is not properly washed, these workers can also sometimes be recognized by the odor which often comes from the rotten food items present in their bin.
UBS to layoff 8,700 after $1.7B Loss in Q1 of 09
As if banking industry was already not facing enough of tough times, another major financial crisis has put lives and living of thousands in dole drum. USB AG Switzerland’s largest bank is facing huge losses and released details which show that it expects a first quarter loss of 1.75 Billion Dollars. It released its statement on Wednesday before the commencement of annual shareholders meeting. UBS is planning on drastically shrinking its investment banking sector (where most of the losses were reported), by cutting thousands of jobs as it abandons parts of its debt and commodity businesses. 
In order to recover, UBS AG is also expected to cut a around 8700 jobs by the end of next year, due to the first quarter loss of almost 2 billion Swiss francs ($1.75 billion). The bank has been hit hard by subprime-related losses, says it will fine-tune its organizational size to the fluctuating market conditions and cut back on levels of business.
To Do List By A Jobless Person
Google to Lay Off 200 more
Google Inc. the search engine giant has announced a few hours ago that it is cutting down its sales and marketing team by approximately 200 employees. Google has said that they over invested in some areas in preparation for some growth trends they were expecting and hired too many people into overlapping jobs.
Earlier this year, in January, Google cut down 100 recruitment jobs, and said about 40 people would be laid off in February, when it cut short its radio advertising efforts.
“When companies grow that quickly it’s almost impossible to get everything right,” Google Senior Vice President of Global Sales and Business Development Omid Kordestani said on Thursday in an announcement posted on Google’s blog.
The Mountain View, CA-based company has nearly 21,000 employees, but it does not disclose how many employees work in the sales and marketing departments.
Double Digit Unemployment Rates Hit Seven States
According to the latest report by Associated Press today, more states have logged double digit rates of unemployment in February; with North Carolina and Rhode Island hitting their record high.
Nationwide, the US unemployment rate has hit 8.1 percent this past February, reaching a 25 year record high, according to a report released by the US Labor Department earlier this month. The economic gurus have predicted that even if the recession was to subside by this year’s end, the expected unemployment rate at the end of 2009 is 10 percent.
In January this year, only 4 states reported unemployment rates topping 10 percent, which has risen to 7 in the past month, with three more states adding to the growing list; according to figures released by the U.S. Bureau of Labor Statistics.
How To Execute Your Resignation Smoothly
According to general research, an average person may change jobs six times in a life time. There can be many reasons one quits his/her current job. These days especially, with the economic recession forcing companies to cut jobs across the globe, the idea of leaving your employment may seem absurd, but if and when the situation arises, where you decide to leave your current employer by your own choice, it’s always good to do it in the proper manner.
If you are leaving your company for a better opportunity or are on the verge of changing your career path for something different, these few tips will be of great help to you in leaving with respect and a positive impression that may come in handy later in life.
What Should You Do After Being Fired From Job
Even a best individual can lose its job, unfortunately. It can happen even when the fault is there in the boss. You and your supervisors may not have any similarity in personalities. You and management might differ in approach about the job. You could have simply turned up. This usually occurs. You are not the only one to face this.
A research conducted on this phenomenon has shown that almost 250,000 workers are fired from their job illegitimately. In contrast to this the justified removals are unnoticeable. If you ignore all the circumstances of your removal from the job, other things are more considerable like what to do? And where to go from here?
After Getting Fired:
First thing you should not do and i.e. never blame yourself. As it is mentioned earlier that getting fired can happen to the best member of staff. Don’t reside on it. Try to focus yourself on the way forward. Think about the stuff like what you are going to do next and how you are going to get another job. The stigma of being fired has added to your job search, but you should know how to tackle that. Be wise, positive and have realistic approach while addressing this issue.
