The interesting part is that they don't seem to picket or rally, they just give about 12-24 hours notice and then don't show up for work. Europe is funny.
Showing posts with label Get a Job. Show all posts
Showing posts with label Get a Job. Show all posts
Wednesday, November 3, 2010
Good enough for government work
I had a nice long walk to the office this morning (an hour or so) courtesy of the London Underground workers union = no trains running on the tube this morning. Stew and I are wondering if this is a monthly occurrence that long-term Londoners are getting used to as it seems to happen with some regularity. It's almost worth getting one of those razor scooters.
Monday, September 20, 2010
20-somethings getting smoked by the unemployment situation
Milennials as Recession Punching Bag from The Reformed Broker
It's an interesting article, check it out. Lots of delayed babies and moving back in with parents. Ouch.
It's an interesting article, check it out. Lots of delayed babies and moving back in with parents. Ouch.
Wednesday, August 25, 2010
Structural v. Cyclical Unemployment
Felix Salmon has a good post at Reuters about cyclical v. structural unemployment.
I tend to fall into the structural camp because of changes in technology, increasing labor force rigidity (thanks unions!) as well as the home ownership /regional inflexibility Mr. Salmon mentions.
H/T Reformed Broker
I tend to fall into the structural camp because of changes in technology, increasing labor force rigidity (thanks unions!) as well as the home ownership /regional inflexibility Mr. Salmon mentions.
H/T Reformed Broker
Thursday, August 19, 2010
Jobless Claims... Ouch
Weekly Initial Jobless claims started with a 5-handle for the first time in 9 months... Via MarketWatch:
For the week ended August 14, initial claims rose 12,000 to 500,000. This is the highest level since the week ended Nov. 14, 2009. Claims have risen for three straight weeks.
Claims had fallen as low as a 427,000 level in mid-July but have worsened steadily since. Economists are troubled by the lack of vigor in the labor market. With the unemployment rate near double-digit levels, businesses and households do not have the confidence to spend and invest.
This week's rise was unexpected. Economists had been projecting a slight decline was in the cards.
For the week ended August 7, initial claims were revised up to 488,000 from a previously reported 484,000.
Not good.
For the week ended August 14, initial claims rose 12,000 to 500,000. This is the highest level since the week ended Nov. 14, 2009. Claims have risen for three straight weeks.
Claims had fallen as low as a 427,000 level in mid-July but have worsened steadily since. Economists are troubled by the lack of vigor in the labor market. With the unemployment rate near double-digit levels, businesses and households do not have the confidence to spend and invest.
This week's rise was unexpected. Economists had been projecting a slight decline was in the cards.
For the week ended August 7, initial claims were revised up to 488,000 from a previously reported 484,000.
Not good.
Thursday, July 29, 2010
Structural Unemployment in America
The Economist invited a few guests to comment on whether or not the U.S. is facing increasing structural unemployment instead of just the standard cyclical unemployment that would accompany the recession.
Seems appropriate given today is Thursday (initial jobless claims)
FULL ARTICLE HERE
Seems appropriate given today is Thursday (initial jobless claims)
FULL ARTICLE HERE
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