How a New Jobless Era Will Transform America
The Great Recession may be over, but this era of high joblessness is probably just beginning. Before it ends, it will likely change the life course and character of a generation of young adults. It will leave an indelible imprint on many blue-collar men. It could cripple marriage as an institution in many communities. It may already be plunging many inner cities into a despair not seen for decades. Ultimately, it is likely to warp our politics, our culture, and the character of our society for years to come. (via rw)
posted by kliuless on Feb 11, 2010 - 84 comments

If you're going to kill off an entire section of a newspaper and fire all of the staffers who work there, it's probably a good idea to get the Twitter password first. [more inside]
posted by minimii on Jan 1, 2010 - 25 comments

Ex-Director of Operations of Sababa Toys Paul Nawrocki lost his job after the parent company filed for bankruptcy. Posting, faxing, and emailing thousand of copies of his resumes (including through LinkedIn) did not get him anywhere, so he's resorted to standing at a Manhattan street corner wearing a sandwich board saying "Almost Homeless". Business blogger Barry Ritholtz blogged about Nawrocki, which led to a Businessweek interview describing his difficulty affording his wife's medical needs or even the cost of relocation. He's been noticed by an executive recruiting firm, and a job-hunting website was made in his honour. Will his Depression-era tactic bring him luck in this recession? (Via MetaChat)
posted by divabat on Dec 7, 2008 - 59 comments

In an artificial world, only extremists live naturally. Or: You weren't meant to have a boss. On the other hand, maybe you are.
posted by Blazecock Pileon on Mar 21, 2008 - 36 comments

India's Outsourcing Problems One of the most controversial aspects of the global economy has been the newfound freedom of companies from physical location and the subsequent spread of outsourcing jobs. No country had embraced tech outsourcing with the passion of India. Of late, problems there are beginning to rise: engineers start a project, get a few months' experience, and then bolt for greener pastures, bringing a level of attrition that replaces entire staffs within the course of a year. Combine that with salaries in Bangalore that are rising at 12% to 14% per year and it is no surprise that companies are leaving India for a slew of emerging hot spots for IT outsourcing such as the old Soviet Bloc, China, and Vietnam. This comes as companies such as Microsoft continue to laud outsourcing and proudly proclaim that it is here to stay, and it looks as if Ho Chi Minh City will be the next Bangalore.
posted by PreacherTom on Dec 11, 2006 - 19 comments

The hugely popular iTunes is a success story. But not for Apple, which makes virtually no revenue from the online download service. "When that 99 cents leaves your wallet, the RIAA monopoly swallows most of it, and the credit card companies swallow the rest. As the supplicant in this relationship, Apple is left holding the can." Steve Jobs - "We would like to break even/make a little bit of money but it's not a money maker,"
posted by Blue Stone on Nov 7, 2003 - 57 comments

Verbal Attack: Dave Suthibut ignores the crappy job market and applies for positions like it's 1999. He uses his blog to keep track of e-mail exchanges between himself and H/R personnel. (via handcoding)
posted by Ufez Jones on Jul 3, 2003 - 34 comments

Get that MP3, and get the boot In a -IMHO- patetic effort to try to stop what can't be stopped, the RIAA and MPAA are urging companies to monitor their employee's downloading habits or face suing, damages, sanctions and what have you against them. In other words, inciting companies to treat their employees as potential criminals and dispose of them accordingly. While the risks of using P2P at work such as virii and leaking of private files do have a point, this is really about the RIAA/MPAA resorting to more desperate measures each time to try to stay afloat with their jaded business model, which will do nothing but accelerate their long-forecast demise in the "real" new economy.
posted by betobeto on Feb 15, 2003 - 16 comments