2002-07-01

2002-07-01 04:47PDT (07:47EDT) (11:47GMT)
Ian Fried _Yahoo!_/_CNET_
HP has vowed to cut 15K jobs

2002-07-01
Mark Schwanhausser _Florida Flambeau_/_FSView_
College loan bills strapping more students
"A new study says seniors at public 4-year universities owe an average of almost $13K in student loans -- a figure that runs even higher for those who earn advanced degrees.   Those figures aren't the full picture, however, because students also are graduating with thousands of dollars in credit-card debt charging sharply higher interest rates...   Some experts worry that debt could deepen further during the recession as workers stream back to the classroom to learn new skills.   That influx is coming as California and 28 other states are debating whether to cut higher-education funding.   Typically, schools pass along funding cuts by ratcheting up tuition - which leaves students with little choice but to borrow even more.   As a rule of thumb, debtors tend to struggle once their student loan payments equals 8% of their gross income.   Students have strapped on so much debt that at least 1 of every 6 students who earns a bachelor's degree this year will owe at least 10% of their gross income, estimates Jerry S. Davis, vice president of research for the Lumina Foundation of Education in Indianapolis...   Among the findings in _Losing Ground_ and a November study by the American Council on Education:

• The number of students taking out loans and the amount they have borrowed more than doubled from 1990 to 2000.   Loan volume spiked 50% in just the 2 years after Congress raised loan limits and opened up unsubsidized loans to all students regardless of income in 1992.   Up until the 1990s, loans accounted for less than half of all federal financial aid.   By 2000, loans accounted for 58%.
• The majority of students graduated with student loan debt in 1999-2000, including more than 60% of those who earned a bachelor's degree.
• The average loan debt has climbed to nearly $13K for seniors at 4-year public schools, according to _Losing Ground_.   But debts are higher for students chasing advanced degrees, the American Council says.   Those who earned a master's degree accumulated $17,341 at public universities and $24,409 at private schools in 1999-2000.   MBA students borrowed the most: an average of $28,520.
• ...Seniors from the poorest one-fourth of families owe an average of $12,888, up from $7,629 in 1990 - a 69% increase.

2002-07-01
Puent Vongs _Pacific News Service_
VCs Investing in Indian-American Companies
"Indian American companies raised about $1.7G in venture capital in 2001, raising its share of the total US venture capital market to 4.5%, up from 2.5% the year before, according to a survey by the IndUS Business Journal.   Indian American companies accounted for $1 in every $20 in venture funding, says Editor Jay Fitzgerald...   California had the greatest number of VC-funded Indian American companies, or 27 of the top 60 spots equal to $735M raised."
 

2002-07-02

2002-07-02 07:00PDT (10:00EDT) (14:00GMT)
Rex Nutting _CBS.MarketWatch.com_
Challenger: June job cuts rise to 94,766

2002-07-02 11:17EDT
_USA Today_/_Reuters_
Lay-Off Announcements Rose 12% in June

2002-07-02
Benjamin Pimentel _SF Chronicle_
Over-qualified job seekers under-state their qualifications

2002-07-02
Keith Regan _eCommerce Times_
Dot-Com Job Losses Shrink in June
Tech News World
"Companies took a break from laying off workers from Internet-related jobs in June, with just 684 lay-offs announced, according to a report from international out-placement firm Challenger, Gray & Christmas.   By comparison, dot-coms cut more than 2K jobs in May...   The June figure was a full 93% lower than it was year ago, when 9,216 jobs dropped out of the Internet economy."

2002-07-02
Keith Regan _eCommerce Times_
Dot-Com Job Losses Shrink in June: About 150K workers have been fired since Challenger, Gray & Christmas began tracking the trend in 1999
"Companies took a break from laying off workers from Internet-related jobs in June, with just 684 lay-offs announced, according to a report from international out-placement firm Challenger, Gray & Christmas.   By comparison, dot-coms cut more than 2K jobs in May...   The June figure was a full 93% lower than it was year ago, when 9,216 jobs dropped out of the Internet economy.   This year, lay-offs were down 11% in the second quarter, to 3,586, compared to 4,021 for the 2002 January-to-March time-frame.   And in the second quarter of 2001, Internet job cuts peaked at 40,189 lay-offs...   the total let go from dot-coms since January of this year, 7,607, is below the average monthly lay-off tally, when an average of 8,410 people lost their jobs every month.   Once again, dot-com technology firms led the lay-off list, with 390 jobs cut.   Consumer services firms cut 229 while media companies shed 65 workers.   Challenger said no on-line retail jobs were reported lost in June...   Announced or planned job cuts across the economy reached 94,766 in June, up 12% over May levels, with one-third of all lay-offs coming from telecom companies.   WorldCom itself said it would cut 15K positions in the coming months."
 

2002-07-03

2002-07-03 07:43PDT (10:43EDT) (15:43GMT)
_Yahoo!_/_Reuters_
HP, Compaq Europe Job Cuts Total 5,900
 

2002-07-04

2002-07-04 14:50PDT (17:50EDT) (21:50GMT)
_Yahoo!_/_Reuters_
HP Cuts 650 Jobs in Scotland's 'Silicon Glen'
 

2002-07-05

2002-07-05
_Dice_
Dice Report: 31,523 job ads

2002-07-05
Sharon Begley _Wall Street Journal_
Angry Engineers Pin Allegations of Shortage on Low Pay, Lay-Offs, Age Bias
"Hundreds of readers wrote to comment about my June 7 column on the projected shortage of engineers -- most of them angry engineers...   'I would not recommend the profession.', he says.   'Companies view engineers as labor to be discarded when times are tough.   Industries such as aerospace want seasoned, innovative engineers during peak periods and then discard them when the contracts end.   I am surprised they get anyone at all.'...   the influx of foreign-born engineers...   Too many firms treat 40-something engineers as obsolete.   The smart engineers become patent lawyers.   The periodic cry of 'engineer shortage!' is a ploy to obtain talent on the cheap and replace middle-aged engineers with new grads trained in the latest techniques, hundreds of readers claimed...   The periodic lay-offs of engineers, with thousands dumped in the aerospace-defense contraction of the late 1980s and now in the dot-com and telecom melt-downs, have left a sea of bitterness..."
 

2002-07-06

2002-07-06
Michael Kinsman _San Diego Union-Tribune_
Down-Sized Companies Use Team-Building Exercises to Boost Morale, Stem Worries
"Out-placement firm Challenger, Gray & Christmas reports that 58% of all workers who lost their jobs in May worked in high-tech fields, & 22% of the 735K employees who have lost their jobs nationally since January 1 worked in telecommunications."

2002-07-06
_DoL ETA_
unemployment insurance weekly claims

• 456,716 initial claims
• 3,543,000 continuing claims
• 2.8% insured unemployment rate

2002-07-07
 

2002-07-08

2002-07-07 22:00PDT (2002-07-08 01:00EDT) (2002-07-08 05:00GMT)
Kristen Gerencher _CBS.MarketWatch.com_
Behind the broad number: Minorities, young suffer brunt of unemployment
"...according to the Labor Department [unemployment rates for]

• Adult men over 20 -- 5.4%, up from 3.4% a year ago
• Adult women -- 5.1%, up from 4% last June
• Teenagers -- 17.6%, up from 16.6%
• White workers -- 5.2%, up from 4.1%
• Black workers -- 10.7%, up from 8.7% a year ago
• Hispanic workers -- 7.4%, up from 6.6% last June

2002-07-08
_USA Today_/_Reuters_
TeleComm Job Losses May Top Last Year's Record

2002-07-08
_abc News_
Cabbie Moonlights as Computer Consultant While Driving
 

2002-07-09

2002-07-09
Marcus Courtney, an organizer with The Washington Alliance of Technology Workers (WashTech), part of the Communications Workers of America (quoted in Cindy Rodriguez 2002-07-09 _Boston Globe_
Battle is brewing over tech visas: Critics say scarce jobs should go to Americans)
"The economy in the [information technology] industry has been in recession for 2 years.   To continue to say that they can't find qualified workers is absolutely ridiculous.   We need to scale the program back to more realistic numbers."

2002-07-09 Cindy Rodriguez 2002-07-09 _Boston Globe_
Battle is brewing over tech visas: Critics say scarce jobs should go to Americans
"The H1-B visa was created in 1992, partly in response to company executives who said there was a shortage of workers schooled in certain computer languages & technical skills.   It started with a ceiling of 65K foreign workers annually, rising to its current cap of 195K.   Last year, 202K workers were granted H1-B visas, with 7K being carried over into 2002.   But from 2001 October to 2002 March, employers sponsored many fewer: Only about 44,500 compared with 87K during the same period the year before.   The current ceiling expires next year & will revert to the original limit of 65K if no action is taken."
 

2002-07-10

2002-07-10 04:00PDT (07:00EDT) (11:00GMT)
Michael Kanellos _CNET_
Tapping brain-power: New generation of engineers
"'I'm hiring Ph.D.s with years of experience for less than what it would cost to hire a new college grad out of Stanford.', said Chief Executive Al Sisto of Phoenix Technologies, a software company in San Jose, CA.   At first glance, the trend might appear to be a typical brain drain or a way for US companies to hire foreign labor while skirting political obstacles related to the H-1B visa immigration controversy.   But executives on both sides of the Pacific say the hiring is more of a massive talent search aimed at a new generation of engineers being churned out of [Red China's] schools."

2002-07-10 06:30PDT (08:30CDT) (09:30EDT) (13:30GMT)
_BBC_/_Occupational & Environmental Medicine_
Over-time may be hard on the heart
"Men working more than 60 hours a week doubled their risk of heart attack as compared with men working 40 hours or less.   Sleeping an average of 5 or fewer hours on just 2 nights a week also affected the risk of heart attack; the loss of sleep doubled or even tripled the risk.   The study was carried out jointly by Japanese & UK researchers from the Guy's & St Thomas's NHS Trust in London."
 

2002-07-11

2002-07-11
CNet/Business Wire "comparable store sales for 2002 June increased 0.6% compared to 2001."
Barnes & Noble Reports Comparable Store Sales for June
 

2002-07-12

2002-07-11 20:34PDT (23:34EDT) (2002-07-12 03:34GMT)
Kevin Johnson _USA Today_
Aviation security drains agencies

2002-07-12 14:05PDT (17:05EDT) (21:05GMT)
Ian Fried _c/net_/_News.com_
Are Mac users smarter?
"Those who surf the Web using a Mac tend to be better educated & make more money than their PC-using counterparts, according to a report from Nielsen/NetRatings.   The study also said Mac users tend to be more Web savvy, with more than half having been on-line for at least five years.   And the Mac faithful are 58% more likely than the overall on-line population to build their own Web page & also slightly more likely to buy goods on-line, according to the report...   Although Apple sales typically represent less than 5% of the overall U.S. personal computer market, 8.2% of Americans who surf the Web at home do so using a Mac, according to the study.   Nearly all the rest of those who go on-line -- 89.4% -- do so using a Windows-based PC.   Nielsen/NetRatings said that 70.2% of Mac users on-line have a college degree, compared with 54.2% of all Web surfers."

2002-07-12 15:31PDT (18:31EDT) (22:31GMT)
Margaret Quan _EE Times_
IEEE presses Congress to protect engineers' jobs
"IEEE-USA called on Congress this past week to rethink H-1B visas and other mechanisms that render American engineers a 'disposable labor commodity'...   US Labor Department figures confirmed that the EE jobless rate shot up 13% during the second quarter, to 34K.   That raised the un-employment rate for the group to 4.8%, up from 4.1% in the first quarter...   A former member of IEEE's work-force committee, Robert Rivers, an EE for 49 years, maintained that the actual total of what he called 'displaced EEs' is more than 3 times as high as the Labor figure."

2001-07-12
Rob Lewis The IT Rust Belt
 

2002-07-13

2002-07-13
Jennifer Bjorhus _San Jose Mercury News_
Engineers' jobless rate targeted: Organization Wants Congress to Investigate Cause of Climb
"The IEEE-USA suggests that increased [abuse] of H-1B workers and out-sourcing engineers jobs over-seas, along with the use of temp workers, are causing the rising un-employment for engineers.   While the jobless rate for all engineers rose to 4% in the second quarter from 3.6% in the first quarter this year, the rate for computer scientists, which includes systems analysts, surged to 5.3% from 4.8%, the IEEE-USA reported.   The rate for electrical and electronics engineers rose to 4.8% from 4.1%...   globalization has turned engineering into a disposable commodity with companies valuing 'surface experts' with very specific skill sets as opposed to well-educated professionals."
 

2002-07-14

2002-07-15

2002-07-16

2002-07-15 21:01PDT (2002-07-16 00:01EDT) (2002-07-16 04:01GMT)
Kristen Gerencher _CBS.MarketWatch.com_
The immovable unemployed: Only 1 in 8 job seekers relocate to another state
"Only 12.1% of white-collar workers who found new jobs in the second quarter moved to another state to accept an offer, according to a survey of 3,000 executives & managers from Chicago out-placement firm Challenger, Gray & Christmas.   That relocation rate is down from 14% in the first quarter & 16.6% in the second quarter of 2001... half that of 1999, when 1 in 4 white-collar job seekers moved to another state...   Overall, about 2% of workers who moved last year said they did so to look for work or because they lost a job, a figure that's been steady for the last four years, according to the U.S. Labor Department."
 

2002-07-17

2002-07-17
Barbara Hagenbaugh _USA Today_
Recovery looks more and more like a jobless one

2002-07-17
Senate Continues Funding For Federal Technology Community Grant Programs
 

2002-07-18

2002-07-18
Srivats Uniyal _The Economic Times of India_
IT: from pink slips to 11K new jobs in India
"Recruitment offers that were deferred last year are now being honoured.   With 11,200 new jobs - & counting - on the cards, IT pros [in India] can start smiling again."
 

2002-07-19

2002-07-19
_Reuters_/_San Jose Mercury News_
Oracle's Ellison says U.S. should centralize data
 

2002-07-20

2002-07-21

2002-07-21 (Sonntag, 2002 Juli 21)
n-tv.de
Oracle-Boss Larry Ellison: USA sollen Daten zentralisieren
"Die USA sollen eine große zentrale Datenbank einführen, meint Ellison.   Er verkauft die notwendige Software sicher gerne...   'Wer eine Kreditkarte beantragt, gibt 100 Prozent seiner privaten Finanzdaten preis.'"

2002-07-21
Eric L. Wee _Washington Post_
Professor of Desperation: Bad pay, zero job security, no benefits, endless commutes. Is this any way to treat PhDs?
"She'll teach 4 classes at 3 different colleges today.   And those are just some of the 6 classes she's teaching this Fall term, double the normal load of a college professor.
  Or what used to be normal...   find a full-time job in one place, she needs to do this if she wants to teach and pay her bills.   She tells herself that it's temporary.   But in the new academic job world, she's running out of time.   If she doesn't find that increasingly elusive full-time job soon, she could live this transient life for the rest of her academic career.
  There once was an unwritten deal.   If you were smart and willing to devote up to 10 of your most productive years studying for a doctorate, certain things would likely happen.   A college or university somewhere would hire you.   And if you did well there, there was a full-time tenured job in your future.   The money wouldn't be great, but you'd be part of an academic community.   You'd do research in your field.   You'd live a life of the mind...
  administrators across the country found their money problems solved by a type of teacher few people have heard of: the adjunct professor.   Adjuncts originally were local professionals who would teach an occasional college class on a part-time basis.   The journalist would teach a course on news writing, a retired judge would speak about jurisprudence.   Then colleges saw them as something else: cheap labor.   Many had doctorates and were willing to teach a class for as little as $1,500.   Often they'd accept less.   They got no health benefits, and they were hired by the term.   Colleges could let them go at any time.   And they taught the general education courses the full-time faculty largely dreaded.   Colleges across the country, primarily in urban areas, hired them in droves.   Out-sourcing and higher education teaching had finally met...
  Meanwhile, in the 1990s, the number of new humanities, language and literature PhD graduates flooding an already saturated market grew by more than 50%.   The result: Too many PhDs and not enough real jobs.   A new under-class of college teachers emerged...   Many in teaching circles worry this is just the beginning.   At some point, they fear, entire departments will be made up of part-timers hired by the term or by the year.   The result, they say, would be the end of the traditional college faculty.   Many of those same educators think that outcome ultimately may be decided by parents, who could revolt against paying $30K a year to have their kids taught by someone who's also toiling at the local community college.   Students, meanwhile, seem largely oblivious to the difference between full- and part-timers."
 

2002-07-22

2002-07-21 21:05PDT (2002-07-22 00:05EDT) (2002-07-22 04:05GMT)
Marshall Loeb _CBS.MarketWatch.com_
What turns employees on: Employer honesty, career development are top priorities

2002-07-22
Paul Donnelly _Computer World_
H-1B Is Just Another Government Subsidy to Business Executives
alternate link
"Despite big lay-offs among IT workers and post-2001 September 11 concerns over the immigration system, advocates of H-1B visas aren't going away.   Indeed, IT employers are lying low, hoping to quietly persuade Congress next year to permanently raise the annual H-1B visa limit above 65K.   And why not?   Like most politically connected industries, IT employers have friends in Washington who are arguing to expand what is in truth a government subsidy...
  But Nobel economist Milton Friedman scoffs at the idea of the government stocking a farm system for the likes of M$ and Intel.   'There is no doubt', he says, 'that the [H-1B] program is a benefit to their employers, enabling them to get workers at a lower wage, and to that extent, it is a subsidy.'...
  The H-1B program is a subsidy that distorts the job market for IT talent...   When the government supplies non-US workers to an industry, that's a subsidy.   When those workers accept minor-league wages, that's a big subsidy...   Let's face it: IT lobbyists ill serve the industry by perpetuating the failed regulations of the H-1B and green-card programs, which could be replaced with a market system that would deliver green cards as fast as they're paid for.   But laying off thousands of U.S. citizens and green-card holders while retaining 'temporary' foreign workers adds fuel to a growing anger.   So call the H-1B visa what it is: a subsidy that runs counter to the real interests of both IT workers and free-market thinkers."

2002-07-22
_SiliconIndia.com_
H1B Woes
"[Company executives who take the difference between US prevailing compensation and what goes to H-1B guest-workers] say Americans are not losing jobs to lower-paid H-1B workers.   Take the statement of any company that has laid off in the recent past.   The one common reason given is: Jobs are cut if there is no necessity for the skill-set.   Today there are about 5 lakh [500K] H1B workers across the U.S.   The number of job cuts by American corporations over the last one-year is roughly the same figure.   According to the U.S. Immigration & Naturalization Service 44% of the H-1B workers are from India alone."

2002-07-22
Paul Desmond _Network World_
California law creates salary pickle: Companies are forced to pay unwieldy over-time rates to network professionals.
"In 2000 September, governor Gray Davis signed a law stipulating that only computer professionals making at least $41 per hour were exempt from the state's over-time pay law.   That law says workers must be paid time-and-a-half after 8 hours worked per day, whereas most other states mandate overtime pay only for workers who put in more than 40 hours per week.   The average base salary for all Pacific region respondents to the 2002 Network World Salary Survey is $76,720, & they work an average of more than 58 hours per week.   For 2002, the figure the California law is based on will be $42.64 per hour, or $88,691 annually, because of an automatic cost-of-living increase.   If California companies have to pay any IT professional making less than that an average of 18 hours per week at overtime rates, it's going to be nasty indeed."

2002-07-22
Paul Desmond _Network World_
Your salary 2002: Back to reality
Survey Result Summary
"Our annual salary survey shows network executive compensation has increased by 4.7%, which out-paces the economy, but is back to earth after years of stellar growth.   Meanwhile, factors such as job security are suddenly in vogue...   2002 Network World Salary Survey, conducted with the help of King, Brown & Partners.   Network executives - those with manager or director titles - reported a 4.4% increase from last year for an average base salary in 2002 of $70,450.   Across all job titles, from CIO to staff, the 1,678 survey respondents reported an average increase of 4.7%, for a base salary of more than $71,500 in 2002."

2002-07-22
_Network World_ pg 50
Defining the Gender Gap
"The survey also shows that women tend to work fewer hours than men.   Women put in an average of just less than 57 hours per week whereas men work nearly 64."

2002-07-22
Judith Crosson _Reuters_/_ZD Net_
Ellison: U.S. should centralize data
"Larry Ellison, chief executive of Oracle on Friday renewed his campaign for a government-initiated data-base of U.S. medical & criminal records, the kind of sweeping & controversial project the No. 2 software vendor has offered to undertake before.   'There should be one system.', Ellison told some 3K...   Ellison, who founded Oracle in 1977 after a deal with the Central Intelligence Agency that helped launch the firm...   Oracle has maintained close ties to federal, state & local governments & such contracts make up an estimated 25% of its revenue."
 

2002-07-23

2002-07-22 21:10PDT (2002-07-23 00:10EDT) (2002-07-23 04:10GMT)
Kristen Gerencher _CBS.MarketWatch.com_
Stress-busting on the job: Employers, workers take steps to stem job insecurity
"Especially in offices that have seen lay-offs & work redistribution, employees are suffering from 'full-plate syndrome', a burn-out producing state that can cost employers hundreds of thousands of dollars in impaired productivity, absenteeism, turn-over & medical costs, [Sibyl] Cryer [of HeartMath] said."

2002-07-23
Markus Bittner _Datenschutz_
Oracle-Boss Ellison: USA sollen Daten zentralisieren
"Der Chef des Software-Unternehmens Oracle, Larry Ellison, hat nach einer Meldung von n-tv bei einem Kongress in Denver erneut die Einführung einer zentralen Datenbank für alle medizinischen und kriminalistischen Aufzeichnungen in den USA gefordert.   Probleme hinsichtlich des Datenschutzes sieht Ellison nicht....   Zur [Andere News] 2002-10-24 Konferenz zu digitalen Bürgerrechten unter dem Motto 'liberties lost' "
 

2002-07-24

2002-07-25

2002-07-26

2002-07-27

2002-07-28

2002-07-29

2002-07-29
Maria M. Perotin _Florida Flambeau_/_FSView_
Graduates face tight labor market
"In short, the Texas Christian University senior is amenable to almost any job that comes with a pay-check and the opportunity for a career in engineering...   The weakest labor market in years has students competing with one another, and with masses of laid off workers, for jobs.   Some are giving up entirely, opting for graduate school, law school or community service posts...
 
About 1.2M under-graduates received degrees last Spring, and another 1.2M are expected to don their caps and gowns next month, according to the National Center for Education Statistics [NCES].   Meanwhile, US companies have been shrinking their pay-rolls by 1.4M jobs in the past year.   Un-employment nationwide is 5.7%, versus 4.3% in 2001 March.   And the down-turn has 8.1M Americans looking for work, in some cases vying against [new] graduates for jobs.   The hiring of new graduates has been off since last spring, when businesses nationwide cut workers and some technology companies even revoked job offers extended to graduating students.
 
More recently, companies projected a 20% drop in their college recruiting last Fall, according to a survey by the National Association of Colleges and Employers [NACE].   At some campuses, companies are hiring 40% to 60% fewer graduates, said Jerry Bohovich, a spokesman for the group...   A few years ago, Leverington could count on 200 employers to stake out space at the regional job fairs he helps to organize.   But fewer than 100 turned out in March for the fair, which includes 42 colleges and universities."
-30-
 

2002-07-29
Leslie Jermyn _Global Aware_
Slavery now
"slavery is a daily reality for millions of world citizens.   Modern slaves often do not leave their own countries once captured or trapped, and if they do, they are more likely to do so on airplanes or buses carrying official work visas.   Since slavery is officially outlawed around the world, slave traders work underground or disguise their business as labour contracting."

2002-07-29
_Alstin Advertising_ #278 pg 7
Helpful Information for 1,879 H.R. Professionals (pdf)
"Many professionals suffer from too many hours at work.   The New York State Health Department recently reported that 66% of the state‚Äôs 82 teaching hospitals violate rules limiting the number of hours medical residents can work.   But the problem of too many hours on the job is beginning to catch the attention of employers, medical experts & employees in many professions & industries.   The jobs affected are numerous, & range from truck drivers to associates at law firms to airline pilots.   Many executives at the senior level also complain that their performance & health are adversely affected by 80-hour work-weeks.   Not much is being done to alleviate the situation, even in the case of overworked medical residents."

2002-07-29
Patrick Basham _Cato Institute_/_National Review_
Merit Pay for Pols
 

2002-07-30

2002-07-30
Don Feder _VDare_
Speaking Immigration Truth To Fat Cats

2002-07-30
Diana Walsh & Julie N. Lynem _San Francisco Chronicle_
How Gray Is My Valley: Callow youth is out, experience, maturity are in at high-tech firms
"While there are no statistics available about the average age of workers in the valley, the past 2 years have brought a sea change.   The 2 Steves -- Jobs & Wozniak -- who were just 20 & 25 when they founded Apple, are now 47 & 51.   Sun Microsystems, founded in 1982 by 4 grad students in their 20s, now has an executive management team with an average age of 49...   While the rank-&-file at most companies are still far younger than these middle-aged executives, their ages are creeping upward too.   David Shayer, a senior software engineer at Apple Computer, said that when he started at Apple in 1986, the average age of his group of engineers was 25.   Today, he says it's 32-plus.   Not exactly old but continuing to get older."
 

2002-07-31

2002-07-31 09:35PDT (12:35EDT) (16:35GMT)
Kristen Gerencher _CBS.MarketWatch.com_
Sexual differences in job-hunting: Six ways men, women can learn from the other's style
"18% of men shook the family tree compared with 15% of women in the second quarter, according to the USA Labor Department...   The spread was twice as big coming out of the last recession, when 26% of men tapped career avenues closer to home vs. 20% of women in 1992...   Women, on the other hand, often go to job fairs, join free networking groups & talk more openly about their situations...   Where women come up short is enlisting their business colleagues & acquaintances, said Karen Bloom, a principal with Chicago executive search firm Bloom, Gross & Associates."

2002 July

2002 July
Ronald A. Wirtz _Fed Gazette_
New Economy value meal, please: The hype is all high skills and high pay, but the meat is maybe something less
"Some high-skill, new-economy occupations, like systems analyst and computer engineer, are seeing significant increases in Minnesota and Wisconsin, both in terms of growth rate and total job growth.  But according to job projections, no district state needs more than about 1 of 3 workers to have 2- or 4-year degrees to meet the current and short-term demands of employers."

2002 July
Dick Greene _SemiConductor Magazine_
Holy Grail or Bust!

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