Comet retailer to go into administration

Various sectors of the economic market are getting hit hard, due to the slow economic recovery.  While healthcare providers and large manufacturing plants are being shutdown or downsized, electronics retailers are also seeing their profits cut, due to slow sales and lack of diversification.  A Comet retailer had recently gone into administration when OpCapita bought them out last year.  Since …

Swiss bank UBS cuts 10,000 jobs from 64,000 workforce

Among the hardest hit companies in the UK, due to the economic recession, are the banks.  Recently, the Swiss Bank UBS announced that it will be forced to downsize its staff effective immediately, and over the next three years as well.  The Zurich based bank says it will cut 10,000 jobs now – but over the next three years will …

Heavy childcare costs could prevent new parents from seeking full-time employment

The economic situation has impacted more than just working individuals struggling to pay the bills.  Among the hardest hit with touch financial decisions are new mothers, who have to balance employment, while trying look after their newborns at the same time.  Childcare costs have risen to the point where it may no longer be economically viable for new mothers to …

One in five are not paid enough to live on

A new report which studied workers in the United Kingdom has found that 20% of those earning a wage do not have enough income to live on.  Almost 5 million workers are making less than the standard “living wage”.  Almost half of those surveyed reported that finances now are worse than just one month ago.  Among the hardest hit regions …

Overqualified and Depressed

It’s safe to say that social media has had a large impact on the average person’s job search.  Facebook still remains the top contender for finding work, with twitter and LinkedIn on the rise as well.  However, even with such resources and social outlets, the majority of workers and unemployed say that finding a job has gotten harder over the …

Underemployment: A New Reality For Us?

It’s easy to look at job statistics and numbers and think that they are in your favor – but ignoring the context behind them might shield the true value from prying eyes.  Recent job numbers in the UK have looked promising on paper.  As of Wednesday, job numbers looked optimistic.  Employment was up by 212 thousand and unemployment was down …

Are Passive Candidates a Myth?

It’s a surprising find that passive candidates, or those who are seeking a job who already hold a position, make up a large percentage of those “looking for work”.  Even more surprising is that employers actually prefer those who are already working a full-time job.  Around 74% of those who are employed are also actively seeking new positions, which mean …

Job Search Lessons From The Campaign Trail

If we compare our struggles searching for jobs, we can draw a few easily parallels to the candidates of the presidential race.  For one, having the right bullet points on your resume and the proper experience to do the job isn’t enough.  This is why presidential candidates make such a big deal about appearances and rhetoric.  When it comes down …

Job losses as Skillsfinder UK Training goes in to administration

One major national jobs training provider, Skillfinder UK, has gone into administration, after it seems that their business model has failed in the long run.  Nearly 2.5 million pound in contracts least year has gone into administration, losing 40 jobs in the process.  Its contract with top providers such as Total People, Remit, and Tribal education are now lost.  Skillfinder …

Demand for IT networking professionals in US [infographic]

The demand for qualified IT professionals continue to grow, as the use of consumer electronics such as smart phones and tablets grows continues grow – needing constant support and development on the back end.  Businesses are looking to hire network administrators as well as database management professional, and they are in high demand. Top salaries are also being offered, from …