Friday, January 22, 2010

Boston Globe Job Market

First, let's look at the previous forecast:

"Tech firms on upswing even while.... downsizing.... state’s digital technology companies are expected to keep right on downsizing.... eliminate another 2,600 jobs"

"Financial jobs are harder to find.... plans to add only about 50 jobs over the next year, most of them overseas.... not going on a hiring tear"

"Sector cobbles jobless comeback.... reduces hiring needs.... manufacturers are still expected to slice another 14,000 jobs"

"Higher education is one of the few major industries in New England to add jobs.... The sector is expected to continue to hire.... could end up making more cuts"

Related:
Not Making It in Massachusetts

Get your waders on, readers. It's going to get deep.

"Hiring boom? Hardly. But the worst seems over" by Robert Gavin, Globe Staff | January 10, 2010

For Massachusetts job seekers, 2010 won’t be the happiest year. But it’s almost certain to be happier than 2009.

The state’s job market is poised for a modest rebound as the economic recovery takes hold and employers accelerate hiring, analysts said. No one is expecting a boom, and unemployment should remain high into 2011. But after two years of steadily shrinking payrolls, even slow job growth will be something to cheer, analysts said.

“The outlook is certainly more positive,’’ said Elliot Winer, an independent economist in Sudbury. “We’re not going to see a rapid improvement, but we should see some steady gains.’’

Signs that the job market is heading for a turnaround have increased in recent months. In Massachusetts, the unemployment rate fell for two consecutive months, plunging to 8.8 percent from 9.3 percent in September.

Related: Boston Globe Business Pages Are Nothing But Bulls***!

Job losses have diminished, too. In October and November, statewide job losses averaged about 1,300 a month, compared with more than 15,000 a month in the same period a year earlier, according to state Executive Office of Labor and Workforce Development. The state will report December employment statistics in about two weeks.

You know, I heard, at the end, that the Titanic was starting to get a hold of the water coming in the boat. One wonders how it sank, huh, Glob?

Meanwhile, key sectors of the state’s economy have been adding jobs. Health care chugged through the recession, gaining more than 10,000 jobs over the past year. Hiring in higher education, which slowed when plunging financial markets battered endowments, has picked up again. The sector added 2,000 jobs over the past six months, compared with 1,200 in the previous six months. Professional and business services, which include law, accounting, and consulting firms, have made a decided turnaround, gaining nearly 8,000 jobs in the past six months, after losing 23,000 in the previous six months, according to state figures. The sector’s technology component - professional, scientific, and technical services - has increased employment in four of the past five months, adding 1,100 jobs in November....

Why should we believe them?

The competition for jobs, however, remains fierce. More than 300,000 Massachusetts residents are unemployed and tens of thousands more working part-time jobs because they can’t get full-time work.

But counted as employed, thank God for the state!

Several sectors continue to struggle. Retailers, for example, have cut jobs in each of the past three months, and shed nearly 14,000 over the past year, according to state statistics. Financial service firms, dealing with the fallout from the financial crisis and housing bust, have shed nearly 6,000 jobs in the past six months, and more than 9,000 in the past year. Two of the hardest-hit sectors - manufacturing and construction - may have bottomed out, but they face long, difficult recoveries, analysts said. Construction added 500 jobs over the past two months, but has still lost more than 27,000 - or one in five - since the recession began here in March 2008. Manufacturing gained 900 jobs in November, a fraction of 23,000 jobs lost in the recession.

Yeah, and those numbers add up to a lot more than the pittance of agenda-pushing looters this turd constantly promotes.

Nationally, the labor market suffered a setback in December as US employers cut 85,000 jobs and the unemployment rate held at 10 percent, the Labor Department reported Friday. But overall trends suggest the US labor market is near bottom, economists said. For example, job losses in the last three months of 2009 averaged less than 70,000 a month, compared with nearly 200,000 a month in the previous three-month period. “The job trend decline has fallen sharply,’’ said Nigel Gault, chief US economist at IHS Global Insight in Lexington. “It is probable we will see actual job gains, on average, during the first quarter’’ of this year.

Of course, that prick said that about the last quarter. You all know people like that, huh? Yeah, just wait a little longer as the water pours into the boat!

For many job seekers, the key to employment will be developing new skills and upgrading old ones, said Michael Goodman, an economic analyst and professor of public policy at the University of Massachusetts Dartmouth. Industries with the best growth prospects, such as health care and technology, increasingly require higher levels of education and training.

“It’s a good time to revisit and update skills,’’ Goodman said. “People with higher education and skills will be more marketable.’’

Which means a TON of you are OUT, Americans!

See: MSM Xmas Gifts: American Job-Seekers

Michael Taylor, director of the state Department of Workforce Development, said job seekers should focus on how to transfer skills to different industries. For example, he said, hospitals need financial analysts as well as doctors and nurses, so workers laid off from financial firms might find opportunities in health care.

And THAT is the WHOLE PROBLEM with our HEALTH CARE!

“A lot of jobs people had aren’t coming back, and they need to redirect their skills,’’ Taylor said. “It’s not about what jobs you’ve had, but what skills you’ve developed.’’

Yeah, and WHATEVER YOU DO, don't get a HISTORY DEGREE!!

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Related:
The Boston Globe's Invisible Ink: Jobs Gone Forever

Yeah, they wouldn't want you know that; it would spoil the s***-shoveling propaganda for you.


"Though job market is still gloomy, more bright spots are emerging" by Maggie Jackson, Globe Correspondent | January 10, 2010

New year, new job? Although the state unemployment rate still hovers close to 9 percent, and the Commonwealth lost more than 82,000 jobs in the 12-month period ending in November, there’s still cause for some cheer on the job market as we ring in 2010. Some professions - such as health care - are evergreen. Other occupations - from accounting to some high-tech specialties - are growing apace.

That's because she's still working, readers.

“I think 2010 will definitely be a better year than 2009,’’ says Nancy Snyder, the state’s interim secretary of Labor and Workforce Development. “We’re starting to see some growth in key sectors, particularly in health care and education, and professional, scientific and technical jobs.’’

If you have the right degree or just know where to look, the job market could yield a steady new paycheck - a belated holiday gift by any measure. Here are the top five hot jobs for 2010:

Wrong degree here, but knowing where to look is all WHO YOU KNOW -- just as it ALWAYS HAS BEEN!

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More BS from the Boston Globe
:

"Teaching has appeal for workers ready for change; Schools offer on-site training for new role" by Ann Carrns, Globe Correspondent | January 10, 2010

When Gwyn Swanson graduated from college with a math degree more than 20 years ago, she jumped directly into the booming computer industry and stayed there for most of her career. But several years ago, after realizing how much she enjoyed volunteering in her children’s schools, she began thinking about becoming a teacher.

That's right, if you are out-of-work they want you to do it for free, this looting government and mouthpiece MSM that loves you.

Now, Swanson, 46, is teaching math full time to middle school students in the Blackstone Millville Regional School District. “I had always thought of teaching, ever since high school,’’ she said.

I was told to go into it, but when I survey how teachers are treated and what they are payed -- not worth the hassle at all.

These days, many professionals are rethinking their career paths due to the tight job market and slow economy - and some are finding more opportunities in teaching.

This as STATE BUDGET CUTS ACROSS the COUNTRY whack 'em!

To be sure, no profession offers a guarantee of steady work, and public school districts are vulnerable to budget cuts and layoffs during tight times. But the number of teaching jobs is expected to increase over the next decade as baby boomer teachers retire and younger educators leave challenging urban districts.

Remember those italicized comments at the top?

WTF is the Globe doing spreading such shit on a Sunday?

Prospects are greatest for those specializing in high-demand subjects such as math, science, and special and bilingual education, as well as those willing to work in urban or rural districts.....

Whatever you say, Glob.

The earning potential for teachers also is better, with the labor bureau noting a “large increase’’ in education funding at the federal level, especially for the hiring of teachers in low-income areas. Nationally, the average salary for full-time teachers topped $50,000 for the first time during the 2006-2007 school year, the latest data available, according to the American Federation of Teachers. In Massachusetts, the average teacher salary for 2007-2008 was about $64,000, up from $58,257 over the previous school year, according to the state education department.

But STILL, nothing NEAR what a BANKER gets for a bonus: $250,400

While some cities and towns face tight finances when federal stimulus funding runs out, teacher advocates are urging Congress to pass additional funding to help protect teaching jobs from projected state and local budget shortfalls in the next two years.

Yeah, NOT CREATE ANY!

Related: Administration Telling the Truth About Stimuloot

More like giving out RAISES, wasn't it?!

In Massachusetts, public school teachers must be licensed by the Department of Elementary and Secondary Education, a process that varies in time and cost, depending on the applicant’s initial education and experience.

And TOTALLY NOT WORTH IT!

Generally, for a career changer who holds a bachelor’s degree but lacks specialized teacher training, it will take at least four years and cost several thousand dollars to achieve full licensure....

Pffft! Where is MY BAILOUT?

But.....

PFFFFFFFFFFTT!!!

Further experience or education - such as a master’s degree - is necessary to advance to a full or “professional’’ license that renews every five years as long as the holder meets ongoing professional development requirements....

Yup, you NEVER REALLY ARE a TEACHER because READING, WRITING, 'RITHMATIC, and CRITICAL THINKING CHANGE!

What do you mean the KIDS CAN'T DO ANY of THOSE THINGS anymore?!!!!


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Good thing those teaching jobs (and others) are out there because a lot of laid-off workers are going to need them
:

"Charles River to close testing site; About 300 workers would be let go in Shrewsbury" by Todd Wallack, Globe Staff | January 12, 2010

Good. Maybe some animals will not be tortured now.


Charles River Laboratories International Inc., the Wilmington company best known for supplying laboratory rats and mice to research centers around the world, said it plans to suspend operations at its Shrewsbury animal testing facility and let go about 300 local workers in the next several months.

The numbers add up quick, huh?

The company said it decided to temporarily shutter the three-year-old facility - where it tests experimental drugs for other firms - because it has been hit hard by research cutbacks at biotechnology companies in the Boston area due to the recession.

You know, those losers we borrowed a billion for.

“This decision comes after a challenging year in which the consolidation of the biopharmaceutical industry, the slowdown in R&D efforts, and financial constraints for biotechnology companies resulted in softness in market demand for our services,’’ said James C. Foster, chief executive of Charles River. “We understand this is a difficult economic environment and plan to support our Shrewsbury employees during this time.’’

Charles River, which has about 800 employees at its corporate headquarters in Wilmington, said it will lay off about 300 workers in Shrewsbury and transfer at least 30 workers to Wilmington and other sites. The company said it expects to take a $7 million charge in the first quarter for severance, outplacement assistance, and related costs.

Then there is NOTHING TEMPORARY about it!

But the company, which plans to continue conducting animal testing for customers at other facilities in the United States and other countries, said it hopes to save $20 million in operating costs this year and $25 million next year by suspending operations in Shrewsbury. The company said it hopes to resume operations there when biotech companies spend more money developing drugs.

The Globe likes finding kernels of corn in turds, don't they?

“As demand comes back, and there are customers who need us to do more work, this is the facility where it makes sense to staff up,’’ said David Johst, executive vice president of human resources.

Then why you leaving?

When Charles River proposed the project, it promised to invest $140 million, create 300 new jobs, and shift hundreds of existing jobs to Shrewsbury. In exchange, the town offered a 5 percent discount on its property taxes over 20 years and the state pledged an investment tax credit worth 5 percent of the amount the company invested.

Yup, they THREW MORE TAX MONEY AWAY at WELL-CONNECTED LOSERS, taxpayers!!! That's Massachusetts!!

But Charles River now said it has completed only the first of two phases of renovations and it is using about 240,000 square feet at the 450,000-square-foot facility. Johst said the company has qualified so far for roughly $4 million in state tax credits and used about half of the tax credits.

Wave goodbye to them and that money, Mass. taxpayers.

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At least the WAR PROFITEERING never ends!


"Up to 600 may lose Electric Boat jobs" by Associated Press | January 13, 2010

MYSTIC, Conn. - Electric Boat will probably rehire construction trade workers; as a result, it expects the workforce to be level this year and grow in 2011....

Oh, this is REALLY ABOUT CUTTING WAGES and PAY!

Maybe they can even get some illegals from Homeland Security, huh?

Less maintenance and modernization work will result in hundreds of layoffs this year at the submarine maker Electric Boat, though new hires will leave the workforce numbers unchanged, the company said yesterday. Executives of Electric Boat, a subsidiary of General Dynamics Corp., said between 400 and 600 layoffs are possible, in addition to 100 to 200 furloughs, spokesman Robert Hamilton said. Mainly affected will be so-called waterfront workers, who do carpentry and other trades.... Electric Boat did 360,000 hours of maintenance and modernization work for naval shipyards in 2008, and the number fell to 100,000 hours last year, Hamilton said. The company expects “very little of that work this year.’’

Then why are they STILL ADING JOBS and DUMPING THESE GUYS, huh?

President John P. Casey says Electric Boat will need to hire 300 to 400 engineers and designers to work on researching and developing the next-generation ballistic-missile program and to continue work on a surface ship program run by its partner, Northrop Grumman Newport News in Virginia, The Day newspaper of New London reported.

Yeah, it is OKAY for US to DEVELOP MISSILES, just don't let anyone else other than Israel do it!!!

“Our engineering business looks so robust, we will probably not have the facilities we need to accommodate the engineering staff,’’ Casey said.... Kenneth DelaCruz, president of the Metal Trades Council, representing 2,600 workers at Electric Boat, said work also is drying up in shipyards in Washington state, Hawaii, Virginia, and elsewhere....

Right, whatever.

War work never dries up, notice that?

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Related: Electric Bloat

We All Live In a Green (as in Money) Submarine!

And outside New England
:

Work at Hummer plant to be halted The Louisiana plant once employed about 3,000 people, but layoffs and buyouts have reduced that to about 1,120.

Of course, not even the s***-sheet liars of the newspapers are immune
:

"Lowell Sun owner says it’ll file for Chapter 11; Media company vows decision won’t affect operations" by Todd Wallack, Globe Staff | January 19, 2010

The company is just the latest newspaper firm to be forced into bankruptcy protection because of declining circulation and advertising, a long-term problem exacerbated by the recession and the fact that many media companies took on debt to buy other newspapers....

Oh, I feel so sorry for the divisive, agenda-pushing, war-promoting liars!!!

Yeah, somehow THE lying NEVER enters into it!


Alan Mutter, a media consultant who writes online about the newspaper business, said the filing could be a mixed blessing for the company’s papers. While it will have less debt, Mutter said, Affiliated Media will also likely be held by its new owners to strict profit goals, which could force it to slash expenses if ad sales continue to deteriorate. “That often can translate into layoffs,’’ Mutter said.

And that is a GOOD THING, right? Sure the way he's making it sound!

In a note to employees, the company did not rule out the possibility of further layoffs but noted that all but one of its papers are now profitable. And while ad sales continued to decline in the fourth quarter, they “performed much better than the first nine months of the year.’’

They CAN'T STOP LYING, even to themselves!!!!


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Or INSULTING YOU, readers
:

"Blue-collar workers bear brunt of decline; Ratio of job losses at depression level" by Robert Gavin, Globe Staff | January 19, 2010

The recession has been more like a depression for blue-collar workers, who are losing jobs much more quickly than the nation as a whole, according to a new report by Northeastern University’s Center for Labor Market Studies.

Yeah, but this guy is too busy pimping for special interests.

The study estimated that the nation’s blue-collar industries have slashed one in six jobs since 2007, compared with about one in 20 for all industries, leaving scores of the unemployed competing for the rare job opening in construction or manufacturing, with many unlikely to work in those fields again.

Well, when the FACTORIES have been SHIFTED OVERSEAS, yeah, that's going to happen.

Andrew Sum, the center’s director and author of the study, said the rate of job losses suffered by blue-collar workers matches the plunge in overall employment during the Great Depression, when the nation as a whole shed about one in six jobs. “These guys used to be the backbone of our working middle class,’’ Sum said. “The really scary thing is they have no jobs to come back to.’’

Don't you LOVE GLOBALIZATION, America?

In Massachusetts, there are 65 unemployed construction and 24 jobless manufacturing workers for each available position, according to the study - a grimmer picture than the nation as a whole. In professional occupations, the picture is very different, with just two job seekers for each job.

I'm sorry, but THOSE NUMBERS are TOTALLY OUT of WHACK for a one-in-six ratio overall!!! I'm just SO SICK of the LIES from this agenda-pushing Boston Globe business shit bag!

And for blue-collar workers, matters are expected to worsen. Employment in manufacturing and construction is projected to decline in Massachusetts at least through the end of 2010 and remain well below prerecession levels for years to come, according to the New England Economic Partnership, a nonprofit forecasting group....

Yup, but I've got MSM and BUSINESS ANALYSTS SAYING no, no, we'll be adding soon if not already, blah, blah, blah!

And you wonder why I hate the Boston Globe now?

Blue-collar workers have always been hard hit in recessions. In Massachusetts, some suffered even deeper job losses during the downturn of the early 1990s, when New England found itself at the epicenter of a real estate bust.... But the impact on workers then was not as severe as it is now, said Mark Erlich, executive secretary-treasurer of the New England Regional Council of Carpenters. Other parts of the country were growing, so construction workers could find jobs out of state. They could also find side work, doing small projects for friends and neighbors.

The global nature of this recession and the damage done to household budgets have wiped out those options, as nervous homeowners remain reluctant to spend....

Yeah, blame us while the rich writhe in dough.

Up to 70 percent of unemployed blue-collar workers have lost jobs permanently, meaning their old jobs won’t be there when the economy recovers, according to the NU center. Hundreds of thousands have given up looking for work and dropped out of the labor force.

The economic dislocation is straining worker training programs largely designed to address labor shortages, not massive numbers of unemployed workers....

Translation: The STATE -- YOUR GOVERNMENT -- has FAILED YOU!

Nancy Snyder, interim secretary of Labor and Workforce Development, adding the system needs to be retooled in other ways, too. For example, she said, an older unemployed worker can’t afford to spend two years earning an associate’s degree to qualify for a health care job.

And whatever you do, don't major in HISTORY afterward an throw away more money!!!!!!

A better approach might be on-the-job training, offering employers wage subsidies to hire people. “The longer someone is unemployed, the more discouraged they get, and the harder it is to get a job,’’ said Snyder. “If we can get people in the workplace to demonstrate they are good, productive employees, it increases the chances of getting hired permanently.’’

Yeah, tell me about it!

Overall, said Sum, federal stimulus programs need to target job creation.

That's why I call it stimuloot.

In addition to wage subsidies, the federal government should provide tax credits to encourage firms to hire and fund public works projects to get blue-collar workers back on the job, he said. “We need to make sure the stimulus money creates jobs where all these unemployed people are,’’ Sum said. “We could lose them from the workforce forever.’’

A SLAVE is a TERRIBLE THING to waste!

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