The economy is in rough shape as most people know. However, I give credit to the Business Journal for attempting to spin a good story out of this hot mess. Here is the headline: Challenger report: June job cuts hit 13-month low Sounds positive and they lead off with this info: Nationally, the country’s employers announced plans to slash 37,551 jobs in June, down 39 percent from May, which marks a 13-month low for planned cuts, according to a new report from human resources consultancy Challenger, Gray & Christmas Inc. Ah, but the truth often lies in the later paragraphs: Still, halfway through 2012, there have been a total of… Read More
Continue ReadingDon’t Drink The Kool-Aid
The doom-and-gloom economic reporting continues and as a sales manager it is important to keep a pulse on your team. More articles are being released on the topic of employees getting skittish about their future with the company. Bob Rosner offers some good advice for these employees in his Working Wounded blog: Be careful to not drink the Kool-Aid with coworkers by being hyper-critical about your company’s future. Get an outside opinion. If you work for a public company, talk to a stock broker. A search in our city listed 391 brokers who offer a free consultation. If you work for a smaller company, check with vendors to see if… Read More
Continue ReadingBright Spots In A Bleak Economy
The economy is slow, but this is a different economy than we have encountered before now. I suppose this is always true since the economy is completely dynamic so no two points in time are ever the same. Nonetheless, abcnews.com offers us this story – Job Winners and Losers in Hard Times – which has an excellent bit of information regarding this economy: In an environment of a sluggish economy and rising unemployment, analysts said there will be some safe harbors where job demand will keep growing. First and foremost in this group will be health care, where the demographics of an aging population mean the demands for medical care… Read More
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