Furloughed from her job with a technology firm, Stacy Avery said she could live without theater tickets and restaurant dinners. But she’s hanging on to her personal stylist.
Furloughed from her job with a technology firm, Stacy Avery said she could live without theater tickets and restaurant dinners. But she’s hanging on to her personal stylist.
Stephanie Aucoin lost her accounting job more than six months ago and has been spending 10 to 12 hours on the Internet looking for a new one.
Her friend of 16 years, Barbara Bourn, is employed in interior design sales for a Sarasota, Fla., company and has seen her commission-based income fall 60 percent because of the sagging economy.
Frustrated, the two sought to find a way to both market their talents and make an income.
The result? A wristband that almost 6 million Americans could legitimately wear.
It reads: “Laid off. Need a Job.” “I pushed her (Aucoin) to come up with something, because she’s very creative,” Bourn, 59, said. “So she came up with this idea.
Because we’re both hurting financially, we figure this was a way to help other people and ourselves at the same time.” The women ordered 500 of the wristbands from a manufacturer in Texas and did a marketing blitz by handing some of them out for free.
They sell them online for $3 apiece through a Web site Aucoin designed at http://www.laidoffneedajob.com.
Cassie and I love Twitter, Facebook and not really Myspace so we decided we should share this article so we do not get blamed for you losing your job!
The nation’s unemployment rate jumped to 8.5 percent in March, the highest since late 1983, as a wide swath of employers eliminated 663,000 jobs. It’s fresh evidence of the toll the recession has inflicted on America’s workers, and economists say there’s no relief in sight.
If part-time and discouraged workers are factored in, the unemployment rate would have been 15.6 percent in March, the highest on records dating to 1994, according to Labor Department data released Friday.
The average work week in March dropped to 33.2 hours, a new record low.
Job losses were widespread last month. Construction companies cut 126,000 jobs. Factories axed 161,000. Retailers got rid of nearly 50,000. Professional and business services eliminated 133,000. Leisure and hospitality reduced employment by 40,000. Even the government cut jobs — 5,000 of them.
2 million jobs lost in 2009.
To celebrate the ringing in of the Chinese New Year (the year of the Ox), we thought we’d take a little spin and tell you about all the companies that are giving their employees the Ax.
Pharmaceutical giant Pfizer Inc., which is buying rival drugmaker Wyeth in a $68 billion deal, and Sprint Nextel Corp., the country’s third-largest wireless provider, said they each will slash 8,000 jobs.
Home Depot Inc., the biggest home improvement retailer in the U.S., will get rid of 7,000 jobs, and General Motors Corp. said it will cut 2,000 jobs at plants in Michigan and Ohio because of slow sales.
Texas Instruments Inc., which makes chips for cell phones and other gadgets, will cut 3,400 jobs due to slumping demand. The Dallas-based company said Monday it will slash 12 percent of its work force _ 1,800 jobs through layoffs and another 1,600 through voluntary retirements and departures
Microsoft Corp. said it will slash up to 5,000 jobs over the next 18 months. Intel Corp. said it will cut up to 6,000 manufacturing jobs. And United Airlines parent UAL Corp. said it would get rid of 1,000 jobs, on top of 1,500 axed late last year.
Looking ahead, economists predicted a net loss of at least 2 million jobs _ possibly more _ this year even if President Barack Obama’s $825 billion package of increased government spending and tax cuts is enacted. Last year, the economy lost a net 2.6 million jobs, the most since 1945, though the labor force has grown significantly since then.
Gulp.