International Business News Blogs - Joblessness http://www.ibtimes.com/blogs/rss/sections/joblessness.rss All articles are copyrighted by IBTimes.com 120 30 http://www.ibtimes.com/blogs/rss/sections/joblessness.rss http://www.ibtimes.com/images/top_logo_ibt2_3.gif I came across an interesting firm recently – Credit Market Analysis, are part of the massive CME Group. These guys work in the exotic world of Credit Default Swaps (CDS) and provide information, in the form of default probabilities, that gives an indication of who might be the next victim of the crunch. A default probability essentially gives you a percentage chance of a firm or a country going bust over 5 years. McDonald’s for example has only a 2.6% chance of default- so this looks like a saf... http://www.ibtimes.com/articles/20091104/cma-could-tell-you-who-the-next.htm http://www.ibtimes.com/blogs/articles/11446/20091104/cma-could-tell-you-who-the-next.htm Wed, 04 Nov 2009 14:47:14 EST Nokia Siemens Networks (NSN), the joint venture between Nokia and Siemens, the telecommunications groups, is set to shed up to 5700 jobs from its workforce. Rajeev Suri, its new chief executive, is trying to reinvigorate the operation by cutting €500 million (£448 million) from its cost base. NSN said that it wanted to trim up to 9 per cent of its 64,000-strong workforce and expected to complete the cost-saving plan by 2011. NSN, which is split 50-50 between the Finnish and German companies... http://www.ibtimes.com/articles/20091104/nokia-siemens-network-to-shed-up-to.htm http://www.ibtimes.com/blogs/articles/11445/20091104/nokia-siemens-network-to-shed-up-to.htm Wed, 04 Nov 2009 13:47:01 EST Johnson & Johnson, the consumer goods and healthcare giant, said that it would cut up to 7% of its 117000 employees worldwide, meaning that as many as 8190 people could lose their jobs. Johnson & Johnson is the latest healthcare company to have decided to slash costs to negotiate the difficulties of funding research into new medicines. As patents on some of its biggest-selling drugs are close to expiring, it needs to find fresh treatments to fill the gap in revenues. However, bringing a n... http://www.ibtimes.com/articles/20091104/jto-cut-8190-jobs-in-these-difficult.htm http://www.ibtimes.com/blogs/articles/11444/20091104/jto-cut-8190-jobs-in-these-difficult.htm Wed, 04 Nov 2009 13:27:14 EST Four hundred (400) jobs are to be lost as Associated British Foods plans to close it North Shields packaging plant and move a third of its total production to Poland and China. The rest will go to its other Twinings factory in Andover, Hants. The  Guardian.co.uk reports, Twinings, which has used Stephen Fry as its advertising frontman, said the changes were " a necessary step which will allow Twinings to remain competitive" and that it made no sense to import tea from China, package it in the... http://www.ibtimes.com/articles/20091104/job-losses-at-twinings-not-everyones-cup.htm http://www.ibtimes.com/blogs/articles/11443/20091104/job-losses-at-twinings-not-everyones-cup.htm Wed, 04 Nov 2009 13:21:54 EST Congratulations are in order. And by that, I mean I’m going to congratulate myself. I’ve made the jump from all-out unemployment to the realm of part-time underemployment. Translation: I am wedged in between the lowest tiers of Maslow’s self-actualization pyramid! Huzzah! Still, it’s progress and I have my sights set on what I want. My job requires marketing writing that’s supposed to be in the voice of a teen girl (Interviewer: “Can you do that?” Me: “Duh.”). With my previous experiences ... http://www.ibtimes.com/articles/20091020/self-actualization-via-the-crazy.htm http://www.ibtimes.com/blogs/articles/11435/20091020/self-actualization-via-the-crazy.htm Tue, 20 Oct 2009 01:17:15 EDT Last week, I committed the ultimate interview faux pas. I was late to a follow-up. It was scheduled for noon. East coast time. Running around at the gym, I finished up around 10 PST to see several missed calls. With voicemails. “Apparently we had a time disconnect,” the voice on the message said. Yes, yes we did. The first interview from the previous week, I am told, went quite well. However, I have yet to hear back for another follow-up. It was thoroughly embarrassing, but an honest... http://www.ibtimes.com/articles/20091004/tardy-for-the-party.htm http://www.ibtimes.com/blogs/articles/11412/20091004/tardy-for-the-party.htm Sun, 04 Oct 2009 15:29:30 EDT Nine months ago today I was unemployed. It was the day after my layoff and I refused to be scared. Life happens and I decided to do whatever it took to survive. It worked. If you had asked me then the path to me today, or the person I am becoming, I would have been unamused. Seriously. I'd probably would have hit you in the arm and told you, "Kid, this is not a game and you are not helping." Then I'd punch you again in the arm and walk away.  For me, my path has been marked by amazing friend... http://www.ibtimes.com/articles/20090917/nine-months-later.htm http://www.ibtimes.com/blogs/articles/11411/20090917/nine-months-later.htm Thu, 17 Sep 2009 23:34:27 EDT Twittering my life away (2009-10-19) is a post from: Jobless and Less: The Blog for the Employmentally Challenged #Unemployment even harder on young people... http://tinyurl.com/ylxwg28 # Are ads that mention the #recession manipulative or realistic? I say both... http://tinyurl.com/yz7yptn # Just found out about the New York #Wordpress conference next month... exciting... http://2009.newyork.wordcamp.org/ # People dump their pets in a #recession. Are times that hard? http://tinyurl.com/yzc7jlq... http://www.ibtimes.com/articles/20091019/twittering-my-life-away-2009-10-19.htm http://www.ibtimes.com/blogs/articles/11410/20091019/twittering-my-life-away-2009-10-19.htm Mon, 19 Oct 2009 08:00:00 EDT Larry King said it best – “Former President Jimmy Carter stirred up a hornet’s nest with his remarks about race yesterday.” Indeed he did, because (surprise!) that’s exactly what happens when you actually talk about race in this country. White people, black people, liberals, and conservatives freak out. Michael Steele, a republican who’s black, spoke out and said that he knows what racism is, and this is not racism. He cites Jim Crow, slavery, and segregation and argues: “Blind charges o... http://www.ibtimes.com/articles/20090917/jimmy-carter-is-not-here-to-make.htm http://www.ibtimes.com/blogs/articles/11388/20090917/jimmy-carter-is-not-here-to-make.htm Thu, 17 Sep 2009 18:04:50 EDT When I went to bed after eating three or four Krispy Kremes (always a mistake), I found myself tossing and turning throughout the night. At first, I got a little nervous. My roommate and her family invited some sort of psychic/witchdoctor into their circle in order to address various personal issues… Apparently, my roommate’s twin sister lost some of her “energy field” at birth and it’s in the possession of my roommate. While it’s most likely all a bunch of hubbub, this psychic was supposed ... http://www.ibtimes.com/articles/20090916/sally-jessy-my-geek-to-chic-obi.htm http://www.ibtimes.com/blogs/articles/11387/20090916/sally-jessy-my-geek-to-chic-obi.htm Wed, 16 Sep 2009 15:36:47 EDT What will we consider modern, recession art in the future? I've been thinking a lot about people trying to rationalize the times, the recession, and my own current economic plight, as well as their own. Typically, conversations cite instances of hardship breeding new forms of art - whether it be literature, painting, etc. It's argued that these days will pave the way for radical contributions to society as a whole. Where is this new art? Have you seen it? Realistically, is it making individu... http://www.ibtimes.com/articles/20090915/art-in-the-time-of-cholera.htm http://www.ibtimes.com/blogs/articles/11386/20090915/art-in-the-time-of-cholera.htm Tue, 15 Sep 2009 18:50:38 EDT Twittering my life away (2009-11-02) is a post from: Jobless and Less: The Blog for the Employmentally Challenged How the job search can threaten #unemployment benefits... http://tinyurl.com/ylnptzf # Today is the one-year anniversary of my #unemployment. I'd like to thank all the companies that made this possible. # Fun with #recession photos... http://tinyurl.com/ykh48zx # 50 Cent has to sell diamonds before buying new ones. What's the world coming to? http://tinyurl.com/ykbwaqw # ... http://www.ibtimes.com/articles/20091102/twittering-my-life-away-2009-11-02.htm http://www.ibtimes.com/blogs/articles/11385/20091102/twittering-my-life-away-2009-11-02.htm Mon, 02 Nov 2009 07:00:00 EST Nobody wants to make a decision like this, especially when Londoners are feeling the effects of the recession. It is not a decision I have taken lightly. However, the mistakes of the past and the current economic climate have conspired to present us with a huge challenge. Those words from the mayor of London, Boris Johnson. So basically he is blaming it on ED! Posted by Wordmobi http://www.ibtimes.com/articles/20091015/boris-blames-fare-increase-on-recession.htm http://www.ibtimes.com/blogs/articles/11359/20091015/boris-blames-fare-increase-on-recession.htm Thu, 15 Oct 2009 17:02:49 EDT Recently, an interview was posted on Wired.com that I did with actress Radha Mitchell. She’s currently starring in the movie Surrogates, alongside Bruce Willis, and next year will be in the remake of George Romero’s cult film The Crazies. She talked about starring in sci-fi and horror ranging from the film adaptation of Silent Hill, one of the most successful horror videogame franchises ever, to a movie about a giant crocodile. However, she ‘s very quick to point out that – while she respect... http://www.ibtimes.com/articles/20090930/weird-dream-jobs.htm http://www.ibtimes.com/blogs/articles/11337/20090930/weird-dream-jobs.htm Wed, 30 Sep 2009 19:45:18 EDT Twittering my life away (2009-11-16) is a post from: Jobless and Less: The Blog for the Employmentally Challenged I'm really looking forward to #WordCamp, the #WordPress conference this weekend in #NYC. That's how geeky I am. # Growing #economy and rising #unemployment. What gives... http://tinyurl.com/ya8cyrp # At #wordcamp today. Hoping to learn some stuff. So far not yet. # I seem to know more than I thought. But people ask some dumb questions sometimes. #wordcampnyc # Nice when peop... http://www.ibtimes.com/articles/20091116/twittering-my-life-away-2009-11-16.htm http://www.ibtimes.com/blogs/articles/11336/20091116/twittering-my-life-away-2009-11-16.htm Mon, 16 Nov 2009 07:00:00 EST Unemployment gets a man off the subway platform for a change is a post from: Jobless and Less: The Blog for the Employmentally Challenged Have card, will not travel Life used to be so easy when I had a job. Okay, maybe that's overstating it a little. Subway travel was easy, or at least buying a fare card was. Life was hard then too, just in a different, more financially enriching way. And subway travel was and is always an adventure, like the flume ride at Busch Gardens with a few minor differe... http://www.ibtimes.com/articles/20091016/unemployment-getsman-off-the-subway-platform-forchange.htm http://www.ibtimes.com/blogs/articles/11335/20091016/unemployment-getsman-off-the-subway-platform-forchange.htm Fri, 16 Oct 2009 18:09:58 EDT Kanye West, douche, steals the mic from Taylor Swift. Last night was the not-so-relevant-anymore MTV Video Music Awards. At least this year, they tried. Everyone knows MTV isn’t what it used to be. While the breakthrough channel helped kill the radio star, it’s becoming clearer and clearer that sites like Pitchfork started stabbing MTV in the face long ago. Likewise, the channel contributed to its own self-mutilation with scripted reality television. However, like Oprah’s interview with Wh... http://www.ibtimes.com/articles/20090914/are-there-awards-for-unemployment.htm http://www.ibtimes.com/blogs/articles/11327/20090914/are-there-awards-for-unemployment.htm Mon, 14 Sep 2009 20:59:29 EDT The London Lite is set to close with the loss of 36 jobs, despite them making a profit in the weeks after the London Paper ceased distribution after Rupert Murdoch shut it down. Total losses = 36 Posted by Wordmobi http://www.ibtimes.com/articles/20091027/london-lite-blames-ed-for-closure.htm http://www.ibtimes.com/blogs/articles/11286/20091027/london-lite-blames-ed-for-closure.htm Tue, 27 Oct 2009 13:26:06 EDT Onward with the unemployment... my one-year anniversary is a post from: Jobless and Less: The Blog for the Employmentally Challenged Happy anniversary to me! Here I am riding another bus, trying do some work and trying not to get motion sickness. Working on the computer while traveling is a much better idea in theory than in practice. The bus ride gives me a solid block of time to concentrate and tick things off my list, or dive into a bigger project. But the bus is filled with other people, som... http://www.ibtimes.com/articles/20091111/onward-with-the-unemployment-my-one-year.htm http://www.ibtimes.com/blogs/articles/11285/20091111/onward-with-the-unemployment-my-one-year.htm Wed, 11 Nov 2009 16:37:23 EST Twittering my life away (2009-10-12) is a post from: Jobless and Less: The Blog for the Employmentally Challenged Everything is on sale, if you have any money, which I don't... http://tinyurl.com/ycgn4j5 # Another of the #unemployed masses telling her story very eloquently... http://tinyurl.com/ydfev33 # I like my recessions with 2 dips, thank you very much... http://tinyurl.com/ydnydch # Debunking the #mancession myth... http://tinyurl.com/y94o8hh # Preying on the #unemployed is a growing ... http://www.ibtimes.com/articles/20091012/twittering-my-life-away-2009-10-12.htm http://www.ibtimes.com/blogs/articles/11284/20091012/twittering-my-life-away-2009-10-12.htm Mon, 12 Oct 2009 08:00:00 EDT