Layoffs, Layoffs Everywhere You Look There Are Layoffs
The competition for jobs in the United States is absolutely brutal right now,
and it is about to get worse. A new wave of layoffs is sweeping across America.
During tough economic times, Wall Street favors companies that are able to
cut costs, and the fastest way to "cut costs" is to eliminate employees.
After a period of relative stability, the employment picture in the U.S. is
starting to get bleaker again. New applications for unemployment benefits
have now been above 400,000 for 15 straight weeks. Finding a good job is
kind of like winning the lottery in this economy. Our federal government
and the state governments have made it incredibly complicated and extremely
expensive to have employees on the payroll. It is getting harder and harder
to get a large enough return to justify the time and expense that hiring
employees requires. So many firms now find themselves trying to do more
with the employees that they already have. Other companies are turning to
temp agencies as a way to reduce costs and increase workplace flexibility.
A lot of the big corporations are sending as much work as they can overseas
where the wages are far lower and where the regulatory environment is
much simpler. All of this is really bad news for American workers that just
want good jobs that will enable them to provide for their families. (Read More....)
The competition for jobs in the United States is absolutely brutal right now,
and it is about to get worse. A new wave of layoffs is sweeping across America.
During tough economic times, Wall Street favors companies that are able to
cut costs, and the fastest way to "cut costs" is to eliminate employees.
After a period of relative stability, the employment picture in the U.S. is
starting to get bleaker again. New applications for unemployment benefits
have now been above 400,000 for 15 straight weeks. Finding a good job is
kind of like winning the lottery in this economy. Our federal government
and the state governments have made it incredibly complicated and extremely
expensive to have employees on the payroll. It is getting harder and harder
to get a large enough return to justify the time and expense that hiring
employees requires. So many firms now find themselves trying to do more
with the employees that they already have. Other companies are turning to
temp agencies as a way to reduce costs and increase workplace flexibility.
A lot of the big corporations are sending as much work as they can overseas
where the wages are far lower and where the regulatory environment is
much simpler. All of this is really bad news for American workers that just
want good jobs that will enable them to provide for their families. (Read More....)
