Word: hire
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...students and found that those who graduated during a recession initially suffered significant earnings losses, around 10%, and it took eight to 10 years for that effect to fade. Why do they take such a big hit and for so long? In a recession, well-paying firms and industries hire fewer workers, so college graduates have to take jobs with less attractive firms. Graduates can recover by finding a new job at a better-paying firm, but that process can take a long time. Some workers never actually recover. Those who graduated from smaller, less prestigious schools or majored...
...unemployment enigma is not solely the result of the recession but also the cumulative effect of a decade of negative labor practices like cutting pensions, avoiding hiring workers by extending the hours of salaried employees, and outsourcing [Sept. 21]. I was laid off from a temporary tax job in April, and I have been unemployed since. On paper, my unemployment appears to be a consequence of the recession. In fact, it is a result of the 2002 offshoring of my prior job: a well-paying, 24-year IT career with AT&T and IBM. Had that not happened, I most...
...Minister, Greg Combet told Parliament that the Defense Science and Technology Organization at Wollongong University will start the long process of evaluating the physical standards for all military tasks. This will take several years, but once the results are in, all branches of the ADF will be required to hire recruits based on whether they meet the physical benchmark - and gender and age requirements will be thrown out the window. (Read about Palestinian moms becoming martyrs...
...fall-out has accelerated a reform process within firms to improve the way that they hire, recruit, and operate...
Much of that transactional work had been the responsibility of summer associates and entry level associates. But now firms are reducing the overall number of summer associates and are placing greater demands on the few that they do hire, said Brian T. Aune, a third year student who has spent the last two summers working at Sheppard Mullin Richter & Hampton...