Great Recession Transforms the Workplace
source: http://www.msnbc.msn.com/id/33020534/ns/business-reinventing_america/
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- jmsrmy
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The Great Recession has reshaped the American workplace and work force in ways that will last years, if not longer.
(AP, 2009, September 27, par.2)
The work force is graying as college graduates can't find jobs, young workers get laid off and older workers delay retirement. People in white-collar jobs are feeling increasingly vulnerable to economic downturns, an insecurity that blue-collar workers have known for years. Perhaps the most enduring change is the permanent loss of millions of jobs across the manufacturing, services and retail sectors.
(AP, 2009, September 27, par.3)
For retailers, growth will be limited by more cautious consumer spending, in part because the days of easy credit are over. That means fewer retail clerks milling about stores around the holidays, and fewer merchandise buyers and other staff jobs at headquarters.
(AP, 2009, September 27, par.5)
The national unemployment rate, now 9.7 percent, is forecast to rise above 10 percent before the end of the year and isn't expected to return to a "normal" level near 5 percent until 2014.
(AP, 2009, September 27, par.7)
[more details at the link...]
(AP, 2009, September 27, par.2)
The work force is graying as college graduates can't find jobs, young workers get laid off and older workers delay retirement. People in white-collar jobs are feeling increasingly vulnerable to economic downturns, an insecurity that blue-collar workers have known for years. Perhaps the most enduring change is the permanent loss of millions of jobs across the manufacturing, services and retail sectors.
(AP, 2009, September 27, par.3)
For retailers, growth will be limited by more cautious consumer spending, in part because the days of easy credit are over. That means fewer retail clerks milling about stores around the holidays, and fewer merchandise buyers and other staff jobs at headquarters.
(AP, 2009, September 27, par.5)
The national unemployment rate, now 9.7 percent, is forecast to rise above 10 percent before the end of the year and isn't expected to return to a "normal" level near 5 percent until 2014.
(AP, 2009, September 27, par.7)
[more details at the link...]
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