GOT WORK ? -----Who Will Struggle in 2011
source: http://finance.yahoo.com/news/Who-Will-Struggle-in-usnews-1712944905.html?x=0
-
-
- remanns
- added this
-The unemployed got a break in the stimulus plan recently passed by Congress, which contains an extension of jobless benefits for the long-term unemployed that will last throughout 2011. But that could be a mixed blessing. Some of the jobless may be tempted to accept unemployment benefits instead of taking low-paying work, since it could add up more money. But prolonged joblessness can also be a pernicious situation that permanently pushes people into an underclass of labor-force dropouts. As unemployment drags on, it becomes much harder to find work down the road, since skills erode, contacts move on, and employers look askance at long periods of inactivity. On the other hand, many employers will be happy to hire jobless folks who show initiative and desire, especially as hiring picks up and the pool of available workers shrinks.
The undereducated. The value of education has never been clearer. The unemployment rate for people who never graduated high school is 15 percent--depression-level joblessness. For high-school grads with no college, unemployment is 10.4 percent, and for college grads it's just 4.9 percent. Unskilled or low-skilled jobs in manufacturing, construction, and other fields will return slowly, if at all, since many of them can be outsourced to other countries where labor costs are lower. That makes education the single-biggest determinant of career success.
more of this :
LIST- - -
http://finance.yahoo.com/news/Who-Will-Struggle-in-usnews-1712944905.html?x=0
graphic-
http://img1.eyefetch.com/p/og/537079-a1d00b6e-43f5-4210-9079-bc157e984cd6l.jpg
The undereducated. The value of education has never been clearer. The unemployment rate for people who never graduated high school is 15 percent--depression-level joblessness. For high-school grads with no college, unemployment is 10.4 percent, and for college grads it's just 4.9 percent. Unskilled or low-skilled jobs in manufacturing, construction, and other fields will return slowly, if at all, since many of them can be outsourced to other countries where labor costs are lower. That makes education the single-biggest determinant of career success.
more of this :
LIST- - -
http://finance.yahoo.com/news/Who-Will-Struggle-in-usnews-1712944905.html?x=0
graphic-
http://img1.eyefetch.com/p/og/537079-a1d00b6e-43f5-4210-9079-bc157e984cd6l.jpg
-
- groups:
- Community, Actual News, AAA News, Studies
-
- tags:
- News, Jobs, Employment, The Economy
