Archive for April, 2010

Laid-off workers report finding work

April 30th, 2010

While we continue to trudge through this economy, analysts, experts and anyone with a microphone are quick to predict the future. Things will be better in this quarter or when that happens. Hopefully anyone predicting a rosy future is right, but right now we need something concrete to judge the situation.

A recent CareerBuilder survey looked at the success rates of previously laid-off workers who have since found work. The survey found that 51 percent of workers who were laid off in the last three months have found either part-time or full-time jobs. When the previous survey was conducted in November 2009, that figure was 44 percent. Although we’d all like to see every job seeker land a job as quickly as possible, at least the figure is rising.

The pay situation was less attractive. Although nearly 40 percent of these workers were able to negotiate salaries that were higher than or equivalent to their previous income, 61 percent took a pay cut.

The survey did find some trends emerging among laid-off workers.

Re-hiring:

  • 57 percent of workers who were laid off in the last six months were re-hired by the very employers how laid them off.
  • Of job seekers who were laid off in the last six months and who haven’t found jobs, 71 percent would accept an offer from the employer who laid them off.

Transferring skills:

  • Of workers who were laid off in the last six months and landed new jobs, 64 percent found work in a field different than where they were previously employed.
  • 55 percent of these workers say they really enjoy their new positions. Good news!

Relocating:

  • 46 percent of workers who were laid off in the previous six months and found jobs relocated.
  • Of those who relocated and found work, 93 percent moved to a new city (not a new state).
  • Of those workers who were laid off in the previous six months and are still looking for employment, 42 percent are willing to relocate for a job. 

You can read about other trends the survey discovered here.

As I said, a bigger number of laid-off workers who found jobs would be ideal. (Or no layoffs at all, of course.) However, at least we can look at what’s happening right now for evidence that the situation has bright spots.

Tell us about your take on the results. If you’re employed or have been recently, do you think relocation is the way to go? Is transferring skills a necessity in this economy?

Related posts:

  1. Half of workers who were laid off in the last three months have found jobs! The economy’s not improving as fast as any of us…
  2. Mature Workers Expanding Job Search Today’s job market has thrown workers of all ages for…
  3. Laid-Off Workers Making the Most of Their Time In today’s economic situation, it’s best to be prepared for…

Courtesy: The Work Buzz

History shows HP’s Palm buy can work

April 30th, 2010

If history can help predict the future, then Hewlett-Packard has a good shot at aptly digesting Palm, analysts say.

On Wednesday, HP announced plans to buy the legendary developer of the Palm Pilot, the first successful personal digital assistant, for $1.2 billion.

Courtesy: Infoworld News

Google API and HTML5 combo praised

April 30th, 2010

Via a developer partner, Google on Thursday is promoting HTML5 and Google APIs as offering a “new era of mobile apps.” The posting on the Google Code Blog, from nextstop co-founder Adrian Graham, emphasizes the technology combination.

Courtesy: Infoworld News

Isro delays PSLV launch,waits for analysis

April 30th, 2010

Bangalore: India’s space agency has put off the 9 May launch of its homegrown polar satellite launch vehicle (PSLV) after it found a drop in pressure in the second stage of the rocket.
“The new date for the launch of (the) PSLV-C15 mission will be decided after preliminary results of the analysis are obtained,” the Indian Space Research Organisation (Isro) said in a statement on Thursday.
The rocket will carry remote sensing satellites—India’s Cartosat-2B and Algeria’s ALSAT-2A—as well as small university satellites.

Courtesy: LiveMint

Cisco tops latest Greenpeace rankings, Panasonic last

April 30th, 2010

Cisco Systems earned the top spot on the new Greenpeace “Cool IT” leadership list, while some of Japan’s biggest electronics vendors — Toshiba, Sharp, Sony, and Panasonic — finished last.

The list ranks 15 of the biggest technology vendors on their efforts to fight climate change. Out of a possible 100 points, half are awarded for products offered to reduce greenhouse gas emissions, 35 are for political advocacy, and 15 are for corporate commitments to cut emissions internally.

Courtesy: Infoworld News

Steve Jobs trashes Adobe’s Flash

April 30th, 2010

Adobe’s Flash is slow, drains batteries, isn’t suitable for touchscreen devices and poses security problems, Apple CEO Steve Jobs said in an unusual missive today.

Courtesy: Infoworld News

Users advised to be careful with Oracle ULAs

April 29th, 2010

Oracle’s ULAs (unlimited license agreements) can make great sense for companies that want to use a lot of the vendor’s software, but a number of potential pitfalls can get buried in the fine print, according to a new report from Forrester Research.

The topic of ULAs is especially timely, as Oracle is in its fourth fiscal quarter, meaning the company is scrambling to sign deals before the fiscal year ends.

Courtesy: Infoworld News

HP to buy struggling Palm for $1.2 billion

April 29th, 2010

Hewlett-Packard plans to buy struggling phone maker Palm for $1.2 billion.

The announcement, which came just after the U.S. stock market closed on Wednesday, follows rumors this week of a number of suitors, including Lenovo and HTC, vying to buy the iconic brand.

Courtesy: Infoworld News

Tech Industry Lost 250,000 Jobs in 2009

April 29th, 2010

The U.S. tech industry lost about a quarter of a million jobs last year, about 4% of its total workforce, but is seeing signs of a hiring turnaround, particularly in software services, according to TechAmerica, an industry group.
Courtesy: CIO.in

High-Tech Employment Grows

April 29th, 2010

Employment is on the rise for U.S. electrical engineers and computer professionals, according to IEEE-USA.
Courtesy: CIO.in