Tag: Jobs
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30,000 Unfilled Jobs in Illinois
Say “skills gap” to any manufacturer, and invariably they’ll respond with the number 600,000. That’s the gaping hole of unfilled jobs at U.S. manufacturers — for Illinois, estimates point to 30,000 unfilled jobs. The talent shortfall carries serious consequences. In a Manufacturing Institute 2011 skills gap report surveying more than 1,100 U.S. manufacturers, 74 percent…
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Pete’s Update – 09/27/2012
A couple of new things to report on the situation with Pete’s Fresh Market. As most readers know, the story has now made the local papers and WGN TV News. Here’s what’s new — and what you won’t read in those papers: #1 My original story stated that “the ring-leader of the group of thugs…
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50,000 New Jobs!! Seasonal… at Wal-Mart
Wal-Mart Stores said on Friday that it plans to give current workers the chance to work more hours and will hire more than 50,000 seasonal employees as it gets ready for the winter holiday season, its busiest time of year. via Fox Business. [Insert cheap joke here.]
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Harvard vs. South Dakota Mine School
Which Grads make more? Harvard University’s graduates are earning less than those from the South Dakota School of Mines & Technology after a decade-long commodity bull market created shortages of workers as well as minerals. Those leaving the [SDSMT] college of 2,300 students this year got paid a median salary of $56,700, according to PayScale…
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Why It’s Impossible to Run a Business Without Breaking the Law
Shakedown in Chicago is commonplace. It’s not just at Pete’s. [youtube http://www.youtube.com/watch?v=PMHxcfQfL_M]
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‘Patent Trolls’ Get Biggest Piece Of Patent Pie
So-called patent trolls – which don’t actually make anything – in recent years received significantly larger damages awards on average than those won by companies that make things, a new report found. Critics of “trolls,” or nonpracticing entities, claim they hold huge numbers of patents and make money by simply attacking others with litigation. During…
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The Unemployment Farce: Only 42% of People Working
Worst news ever!! The number of Americans whom the U.S. Department of Labor counted as “not in the civilian labor force” in August hit a record high of 88,921,000. … In July, there were 155,013,000 in the U.S. civilian labor force. In August that dropped to 154,645,000—meaning that on net 368,000 people simply dropped out…
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Teens Employment Lowest Since WWII – Obama Not Helping
This article was published yesterday about the same time that Obama was in the Rose Garden making the situation worse: Fewer than 3 in 10 American teenagers now hold jobs such as running cash registers, mowing lawns or busing restaurant tables from June to August. The decline has been particularly sharp since 2000, with employment…
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Layoffs on Wall Street?
After adding thousands bankers in the past two years, financial firms again appear to be on the verge of cutting that many positions and then some. Consultants and Wall Street recruiters say banks could eliminate nearly 21,000 jobs from their securities divisions in New York alone. Worldwide cuts could be even larger. Recruiters say big…
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IL, 3rd Worst for Business …again
Let’s first get some background on the winners: In Chief Executive’s eighth annual survey of CEO opinion of Best and Worst States in which to do business, Texas easily clinched the No. 1 rank, the eighth successive time it has done so. California earns the dubious honor of being ranked dead last for the eighth…