While some of the recent announcements beat economists' forecasts, most of us can still feel the stagnation of the economy. The overall unemployment rate is moving at a snail's pace -- and not always in the … Read more
Facebook and the U.S. Department of Labor are teaming up to help unemployed Americans find work via social networks.
The new effort, announced Thursday in Washington, D.C and live streamed on Facebook, is called the "Social Jobs Partnership." A video of the event can be found here. Also joining the effort is a coalition of employment service non-profits: the National Association of Colleges and Employers (NACE), DirectEmployers Association (DE), and the National Association of State Workforce Agencies (NASWA).
As part of the initiative, there's a new Facebook page aimed at job seekers and employers. Eventually, … Read more
President Obama and a trio of House Republicans are visiting Silicon Valley today to highlight their competing proposals for boosting the U.S. economy.
Advisers had promised that Obama's town-hall style event organized by LinkedIn would address questions about jobs, the economy, and "how to move the country forward." It turns out Obama's answers amounted to a single recommendation: pass his proposed legislation known as the American Jobs Act (PDF), which includes a mix of additional government spending, temporary tax breaks, and permanent additional taxes that would take effect 16 months from now.
For their part, … Read more
LAS VEGAS--Few tech industry professionals truly relish the annual trip here each January for the ritual that has become CES, the largest and most important event on the tech calendar. But this year, for the first time in awhile, they were able to get back to complaining about long cab lines and bad food rather than layoffs and budget cuts during their week in the desert.
"Double the energy and enthusiasm at CES compared with last two years," said NPD Group analyst Samir Bhavnani on his Twitter account Friday, summing up a week that lacked a signature announcement … Read more
It was a fullish moon when I picked up a new book called "The Lights in the Tunnel," thinking that the title was sure to lift my spirits on All Souls Day.
Perhaps I should have picked me up some Dostoyevsky.
It's not that "The Lights in the Tunnel" isn't thoughtful or interesting. The author, Martin Ford, is a computer engineer who has clearly spent many hours considering the true effects of technology on society.
It's just that a rough summation of those effects might be described as "really bloody terrible." … Read more
Asian pears are delicious, which is why Jill Schlesinger--The 404's very own financial expert from CBS MoneyWatch--likes them so much! After getting through some munching and slurping noises in the first minute by Wilson, Jill explains to us what is going on with the economy and why we need to fear the End of Days. Just kidding...mostly.
Not being financial experts by any means, Jill explains some basic terms to us so we know what the heck is going on. Like what is the difference between the unemployment rate and weekly jobless claims? Plus, she goes on to say that she thinks that everybody should have at least six months of living expenses saved up, given that the average person is jobless for 22 weeks now. And maybe we should start spending money again if we know that we're not about to lose our job. It would help the economy out. We know it sounds very different than most of our inane topics to most of our audience, but money is something we all need to know and understand. Plus, we love how Jill lays it on us with financial straight talk.
On the second half of the show, Jill tells us about her CBS Evening News appearance and her lady crush on our very own Katie Couric. Jill comments about the growing political discourse about a possible second stimulus package. Check out the segment. We've embedded it into this blog post.
Come back tomorrow, where we've got Steve Guttenberg. Of course, we're got the doors barricaded, just in case HR comes running in. And! We've got Wilson's Audio Draft. (Editor's note: I promise I listen to music. Whale sounds anybody?)
Full Disclosure: CNET, The 404, MoneyWatch and the CBS Evening News all are properties of CBS.EPISODE 378 Download today's podcast Subscribe in iTunes audio | Suscribe to iTunes (video) | Subscribe in RSS Audio | Subscribe in RSS Video… Read more
Software services in the U.S. helped temper the overall sequential decline in technology jobs during the fourth quarter, allowing the industry to minimize jobs losses compared to the private sector, according to a TechAmerica report released late Monday.
Tech jobs, overall, dipped 0.6 percent, or by 38,000 positions, sequentially in the fourth quarter, while U.S. private sector jobs declined 1.3 percent during the same period, according to TechAmerica, a technology advocacy trade group.
"The tech sector weathered the storm longer and stronger than other parts of the economy," Phil Bond, TechAmerica president, said … Read more
Tech job postings fell 40.4 percent in March over year ago figures, with most of the decline coming from full-time positions, according to a report released Tuesday by tech career site Dice.com.
Dice, which collects its figures at the start of each month, noted tech job postings fell to 54,301 in March, down from 91,080 a year earlier. The decline in job postings comes at a time when the nation's unemployment rate has worsened, reaching 8.1 percent in February.
According to the Dice report, full-time job postings dropped 44.2 percent to 35,570 … Read more
LaidOffCamp, held during daylight hours this week at the Temple night club in downtown San Francisco, brought together more than 600 unemployed and self-employed people seeking to share ideas about finding work amid the recession.
Volunteers, speakers, and sponsors came together to plug networking, information exchange, social media, and interconnected community as ways to find support and, hopefully, an income. Among the crowd, there were also entrepreneurs, venture capitalists, and recruiters.
Another 16 such events are preliminarily scheduled across the nation, with the next one set for Friday in Dallas. But, not surprisingly, San Francisco was the first to play … Read more
Green-tech jobs are providing a bloom to Silicon Valley's otherwise barren employment outlook, according to a recently released economic report.
In the high-tech mecca, Silicon Valley jobs dipped 1.3 percent year over year in December. Per capita income fell 0.8 percent last year over the previous period--the first time it had fallen since 2003, according to a report by the Silicon Valley Community Foundation and Joint Venture: Silicon Valley Network. The two organizations will jointly host the State of the Valley Conference on Friday in San Jose, Calif.
Such results in the San Jose-Sunnyvale-Santa Clara metropolitan statistical … Read more