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5 Jan

Unemployment Rate Expected to Hit All Regions

With recession looming across the world, expect a lot of people without a job starting this month. This prediction was expected as early as the third quarter of last year and it seems that many people are slowly feeling this pinch of surviving the worst economic crisis to hit the world since ages.

There have been bailouts given. Loans with affordable interest rates with their business stake as collateral have been granted. But the thing is, are they enough?

Majority of the employees hit are the overseas workers. Thousands have been laid off in the United States, Saudi Arabia and Taiwan. A lot of them are Filipinos. Many came home last December, their last trip for now since they are formally out of a job.

There are countries that declared job openings. Among them include Qatar, Canada and the United Kingdom. But so far, nothing definite has been reported with regards to their actual needs.

Folks, the crisis is for real. If you have a job, do all means to keep it. For the unemployed, all you can do for now is keep on looking. That is the best thing you can do for now, regardless if you have a diploma or not.

24 Dec

No Bonus but Lots of Separation Pays

Posted in Career, Jobs and Careers by Damien | No Comments

Christmas time is finally here and most employees are perhaps enjoying their meals and exchanging gifts, two familiar scenes when Yuletide season sinks in. But part of reality is the fact that practically a million workers (and counting) from the globe have lost their jobs, many of whom got their last paycheck in perhaps large sums. With that in mind, should you spend it all?

There are some who have saved as much as they can. Spending on a budget and making sure that they don’t go on empty. Some are planning their 2009 plan of action, much of which is to land a new job by reading the papers or visiting some job sites that provide various posts on job openings.

The people who got bonuses are quite lean this year and this can be typified by the sales of most retailers, a lot of whom admitted dwindled a lot. So while we don’t want to ruin Christmas, keep that thought that a week from now, 2009 is here. Draw out your career plans. The Year of the Ox does not seem bright thus far.

[tags]year_of_the_ox, exchanging_gifts, christmas_time, yuletide, job_openings, new_job, paycheck, christmas, budget, jobs[/tags]