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	<title>Business &#38; MoneyCategory: Job Markets &#124; Business &#38; Money &#124; TIME.com</title>
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		<title>Business &#38; MoneyCategory: Job Markets &#124; Business &#38; Money &#124; TIME.com</title>
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		<title>The $7,000 Computer Science Degree &#8212; and the Future of Higher Education</title>
		<link>http://business.time.com/2013/05/21/the-7000-computer-science-degree-and-the-future-of-higher-education/</link>
		<comments>http://business.time.com/2013/05/21/the-7000-computer-science-degree-and-the-future-of-higher-education/#comments</comments>
		<pubDate>Tue, 21 May 2013 12:30:37 +0000</pubDate>
		<dc:creator>Martha C. White</dc:creator>
				<category><![CDATA[Career Strategies]]></category>
		<category><![CDATA[Careers & Workplace]]></category>
		<category><![CDATA[Educational Financing]]></category>
		<category><![CDATA[Information Technology]]></category>
		<category><![CDATA[Job Markets]]></category>
		<category><![CDATA[Planning]]></category>
		<category><![CDATA[College Degree]]></category>
		<category><![CDATA[Georgia Institute of Technology]]></category>
		<category><![CDATA[Georgia Tech]]></category>
		<category><![CDATA[MOOC]]></category>
		<category><![CDATA[online education]]></category>
		<category><![CDATA[texas]]></category>
		<category><![CDATA[Udacity]]></category>
		<category><![CDATA[University of Texas]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=80324</guid>
		<description><![CDATA[While a new report puts the average debt load of new college grads at a stomach-churning $35,200, the Georgia Institute of Technology is rolling out an alternative program experts say offers a beacon of hope for both students and employers: A three-year master’s degree in computer science that can be earned entirely online — and that will cost less than $7,000.  The school is partnering with Udacity, a for-profit provider of MOOC (massive open online course) education, and AT&#38;T, which is contributing $2 million and will provide connectivity tools and services. “We believe this program can establish corporate acceptance of high-quality and 100 percent online degrees as being on par with degrees received in traditional on-campus settings,&#8221; a statement from the school says. This isn&#8217;t academia&#8217;s first foray into offerings that promise some combination of low cost and high tech education, of course, but it&#8217;s the first one that industry observers say has the potential to shake up the status quo. “Georgia Tech’s announcement probably is a game changer that will have other top-tier universities that offer degrees in computer science scrambling to compete,” says Asa Sphar, vice president of recruitment and profiling at tech recruiting company CSI Executive Search, LLC. The price is a key factor in that. &#8221;MOOCs are open and free—unless you want to attach any type of assessment, credentialing or professional certification to them. Certification, assessment and authentication of college level learning is not free,&#8221; blogger Vicky Phillips writes on GetEducated.com. According to research by GetEducated.com, the average cost of an online computer science master’s degree program is just under $25,000. Georgia Tech undercuts that average by more than two-thirds. “It’s big step forward here” for a school of Georgia Tech’s caliber to offer not just courses but an entire graduate degree online, says John Challenger, CEO of executive outplacement firm Challenger, Gray &#38; Christmas. Online education has a reputation — some would argue a self-inflicted one — as an inferior substitute for brick-and-mortar scholarship. Georgia Tech is a good candidate to pioneer an online degree program that could challenge those assumptions about<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=80324&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Educational Financing</primary_category><primary_category_link>http://business.time.com/category/planning/educational-financing/</primary_category_link>
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			<media:title type="html">marthacwhite</media:title>
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		<title>Survey: Private Employers Add Just 119,000 Jobs in April</title>
		<link>http://business.time.com/2013/05/01/survey-private-employers-add-just-119000-jobs-in-april/</link>
		<comments>http://business.time.com/2013/05/01/survey-private-employers-add-just-119000-jobs-in-april/#comments</comments>
		<pubDate>Wed, 01 May 2013 12:57:21 +0000</pubDate>
		<dc:creator>AP / Christopher S. Rugaber</dc:creator>
				<category><![CDATA[Careers & Workplace]]></category>
		<category><![CDATA[Job Markets]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=79035</guid>
		<description><![CDATA[(WASHINGTON) — A private survey shows U.S. companies added just 119,000 jobs in April, the fewest in seven months. The report Wednesday from payroll processor ADP suggests that government spending cuts and higher taxes could be starting to weigh on the job market. And new requirements under President Barack Obama&#8217;s health care law may be prompting some small and mid-size companies to hold back on hiring. ADP also said that hiring in March was slower than first thought: the survey shows just 131,000 added, down from an initial estimate of 158,000. &#8220;This is a bit disappointing, it shows the economy is growing more slowly as we go into the spring and summer,&#8221; said Mark Zandi, chief economist at Moody&#8217;s Analytics, which compiles the report from ADP&#8217;s data. The slowdown in April was broad-based. Manufacturers cut 10,000 jobs, while firms in the service sector added the fewest in seven months. Construction firms added 15,000 jobs. The ADP report is derived from payroll data and tracks private employment each month. It has diverged at times from the government&#8217;s more comprehensive monthly jobs report, which will be released Friday. In March, the government said employers added 88,000 jobs, much lower than ADP&#8217;s figure. (MORE:  Survey: Private Employers Add 158K Jobs in March) Economists forecast that the government report will show 160,000 jobs added in April. But after seeing the ADP report, many economists said the figure will likely be lower. Some are forecasting only 125,000 jobs added. &#8220;While it cannot be said enough that the ADP report, while helpful, is hardly a perfect guide to Friday&#8217;s payroll report, weakness in the number is never welcome,&#8221; said Dan Greenhaus, an analyst with BTIG LLC, an institutional brokerage firm. &#8220;And by and large, that&#8217;s what today&#8217;s report was; weak.&#8221; Zandi said that hiring is being affected by an increase in Social Security taxes at the beginning of the year and across-the-board spending cuts that kicked in March 1. Along with higher taxes on wealthier Americans, which also took effect Jan. 1, the tax increases and<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=79035&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Job Markets</primary_category><primary_category_link>http://business.time.com/category/careers-workplace/job-markets/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2011/06/rtr2mdof.jpg?w=240</featured_image>
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			<media:title type="html">General Motors employee Annette Carlysle works on the assembly line at Flint Engine Operations</media:title>
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			<media:title type="html">timeassociatedpress</media:title>
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		<title>Survey: Americans Felt More Secure in Jobs in 2012</title>
		<link>http://business.time.com/2013/04/25/survey-americans-felt-more-secure-in-jobs-in-2012/</link>
		<comments>http://business.time.com/2013/04/25/survey-americans-felt-more-secure-in-jobs-in-2012/#comments</comments>
		<pubDate>Thu, 25 Apr 2013 08:52:42 +0000</pubDate>
		<dc:creator>AP / CHRISTOPHER S. RUGABER</dc:creator>
				<category><![CDATA[Job Markets]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=78537</guid>
		<description><![CDATA[(WASHINGTON) &#8212; Confidence in the U.S. job market has rebounded to roughly a normal level from its record low after the Great Recession, a trend that could help boost the economy. Americans increasingly feel they could find a new job if necessary, according to the results of the 2012 General Social Survey, a long-standing poll of public opinion. And fear of being laid off dropped last year from its 2010 peak to roughly its average for the 35 years the question has been asked. (MORE: How &#8216;Made in the USA&#8217; is Making a Comeback) The percentage of Americans who said it would be somewhat or very easy to find a job if they lost theirs rose to 54 percent last year from 46 percent in 2010. The 2010 figure was the lowest since 1983, when the United States was also emerging from a deep recession. On average in the survey&#8217;s history, about 58 percent of respondents have said it would be very or somewhat easy to find a job. As layoffs have declined, fewer Americans fear losing their job. Last year, 11 percent of adults thought it was somewhat or very likely that they&#8217;d lose theirs. That was down from a record-high 16 percent in 2010. And it matches the 11 percent average the survey has found since it began asking the question. Americans may be feeling even more secure now than when the survey was taken last year. The number of layoffs fell in January to the lowest level in the 12 years the government has tracked the data. Fewer people are seeking unemployment benefits. And employers have stepped up hiring, though the job gains slowed in March. Employers added nearly 2.2 million jobs in 2012, an average of about 180,000 a month. That&#8217;s enough to slowly lower the unemployment rate. Even though the rate remains high at 7.6 percent, greater confidence among those who have a job could encourage more consumer spending and boost economic growth. &#8220;If you&#8217;re not afraid of being laid off, you&#8217;re going to spend<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=78537&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Job Markets</primary_category><primary_category_link>http://business.time.com/category/careers-workplace/job-markets/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/08/145885236.jpg?w=240</featured_image>
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			<media:title type="html">Job Fair Held In New York</media:title>
		</media:content>

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			<media:title type="html">timeassociatedpress</media:title>
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		<title>Efficiency Backlash: Businesses Find Too Much Downsizing Can Hurt the Bottom Line</title>
		<link>http://business.time.com/2013/04/23/overdoing-efficiency-when-businesses-discover-they-cant-keep-downsizing-the-workforce/</link>
		<comments>http://business.time.com/2013/04/23/overdoing-efficiency-when-businesses-discover-they-cant-keep-downsizing-the-workforce/#comments</comments>
		<pubDate>Tue, 23 Apr 2013 09:45:03 +0000</pubDate>
		<dc:creator>Brad Tuttle</dc:creator>
				<category><![CDATA[Careers & Workplace]]></category>
		<category><![CDATA[Companies & Industries]]></category>
		<category><![CDATA[Food and Beverage Industry]]></category>
		<category><![CDATA[Future of Retail]]></category>
		<category><![CDATA[Job Markets]]></category>
		<category><![CDATA[Management & Leadership]]></category>
		<category><![CDATA[Retail]]></category>
		<category><![CDATA[Work/Life Balance]]></category>
		<category><![CDATA[Costco]]></category>
		<category><![CDATA[Darden]]></category>
		<category><![CDATA[darden restaurants]]></category>
		<category><![CDATA[Dining Out]]></category>
		<category><![CDATA[efficiency]]></category>
		<category><![CDATA[fast food]]></category>
		<category><![CDATA[JC Penney]]></category>
		<category><![CDATA[McDonalds]]></category>
		<category><![CDATA[MIT]]></category>
		<category><![CDATA[red lobster]]></category>
		<category><![CDATA[restaurants]]></category>
		<category><![CDATA[Trader Joe's]]></category>
		<category><![CDATA[wages]]></category>
		<category><![CDATA[waiters]]></category>
		<category><![CDATA[Walmart]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=78213</guid>
		<description><![CDATA[One national restaurant chain realizes that overburdening its employees hurts sales, as well as the company brand. Will more businesses follow its lead? In the business world, efficiency is king. The corporate quest to cut salaries and get more out of employees, thereby maximizing profits, is never-ending. At some point, however, increasing the workload on employees backfires. The burden becomes too much for workers to bear, and when employees are overwhelmed and can&#8217;t keep up with their duties, it&#8217;s just plain bad for business. Last week, Red Lobster basically admitted that it had crossed the line with the introduction of a policy aimed at increasing efficiency and lowering restaurant costs. In July 2012, the restaurant chain, owned by Orlando-based Darden Restaurants, eliminated the busboy position, demoted many waiters to lower-paid status as &#8220;service assistants&#8221; and forced the remaining full-fledged servers to increase the number of tables they handled from three to four. At the time, Red Lobster said the changes were being made after testing showed that diners and restaurant employees alike approved of the new policies. An Orlando Sentinel story published at the time of the switch offered some other perspectives: &#8216;We&#8217;re going to be completely worn out,&#8217; said Bob Meehan, a longtime server at Red Lobster in Lake Worth. &#8216;It&#8217;s definitely going to hurt service.&#8217; Chris Muller, dean of Boston University&#8217;s hospitality school, said worker morale will likely suffer. &#8216;If you don&#8217;t like the people you&#8217;re working with and for &#8230; it&#8217;s going to show,&#8217; he said. (MORE: Why Restaurants Have Been Holding Back on Hiking Menu Prices) Lo and behold, it appears as if Red Lobster is now acknowledging that these critics may have been on to something. Less than a year after the four-table policy was launched, the company announced it is reversing the decision, and waitstaff will go back to serving three tables at a time. A Red Lobster spokesperson told the Orlando Sentinel that while some customers liked the four-table policy, once it was introduced around the country, &#8220;far more folks told us that<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=78213&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Retail</primary_category><primary_category_link>http://business.time.com/category/companies-industries/retail-big-companies/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2013/04/152362094-copy.jpg?w=240</featured_image>
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			<media:title type="html">Pedestrians walk by a Red Lobster restaurant in Times Square in New York City on Sept. 19, 2012.</media:title>
		</media:content>

		<media:content url="http://0.gravatar.com/avatar/f8de938518e7b986d552694ed99aa54d?s=96&#38;d=http%3A%2F%2F0.gravatar.com%2Favatar%2Fad516503a11cd5ca435acc9bb6523536%3Fs%3D96&#38;r=G" medium="image">
			<media:title type="html">bradtuttle</media:title>
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		<title>Financial Independence? Today&#8217;s Young People Don&#8217;t Expect It Anytime Soon</title>
		<link>http://business.time.com/2013/04/04/financial-independence-todays-young-people-dont-expect-it-anytime-soon/</link>
		<comments>http://business.time.com/2013/04/04/financial-independence-todays-young-people-dont-expect-it-anytime-soon/#comments</comments>
		<pubDate>Thu, 04 Apr 2013 11:00:42 +0000</pubDate>
		<dc:creator>Martha C. White</dc:creator>
				<category><![CDATA[Banking]]></category>
		<category><![CDATA[Budgeting]]></category>
		<category><![CDATA[Careers & Workplace]]></category>
		<category><![CDATA[Credit Cards]]></category>
		<category><![CDATA[Educational Financing]]></category>
		<category><![CDATA[Financial Education]]></category>
		<category><![CDATA[Job Markets]]></category>
		<category><![CDATA[Planning]]></category>
		<category><![CDATA[Saving]]></category>
		<category><![CDATA[Saving & Spending]]></category>
		<category><![CDATA[The Economy]]></category>
		<category><![CDATA[adult children]]></category>
		<category><![CDATA[children]]></category>
		<category><![CDATA[college]]></category>
		<category><![CDATA[family]]></category>
		<category><![CDATA[financial independence]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=76494</guid>
		<description><![CDATA[In a mere two years, the proportion of teenagers who expect to be financially dependent on their parents until their mid-20s has doubled. That gives us all another reason to feel sympathy for parents who have teenagers right now.  A new survey conducted by Junior Achievement, a group that teaches kids about money and jobs, found that 25% of teens think they won’t be able to support themselves until their mid-20s. Two years ago, just 12% of teens surveyed said that they&#8217;d have to reach the 25-to 27-year-old age bracket before being able to pay all of their own bills. Correspondingly, the proportion of teens who expect to achieve financial independence by the ages of 18 to 24 has plummeted, from 75% in 2011 to 59% today. Are these kids just unmotivated? Maybe some of them are, but many more are facing escalating college costs and poor job prospects. An alarming number have a poor understanding of budgeting and basic finance as well. Plus, the old stigmas attached to relying on one&#8217;s parents well into adulthood, and even moving back home after college, seem to have faded. To make ends meet, Generation X crowded in with roommates, ate Ramen and slept on futons. Post-college millennials still have roommates, but they increasingly call them &#8220;mom&#8221; and &#8220;dad.&#8221; The number of young adults living with their parents spiked during the Great Recession era. Today&#8217;s teens apparently don&#8217;t mind the idea of moving back in with the &#8216;rents, or they at least understand the necessity of making such a move given the state of the economy and the likelihood of large student loans down the road. (MORE: Being 30 and Living With Your Parents Isn’t Lame — It’s Awesome) Providing a place to live isn&#8217;t the only way parents are helping out their adult children. In many families, it’s become the norm for parents to step in and pay bills for smartphones, Internet access, music and TV subscription services like iTunes and Hulu. A survey of parents with adult children up to 35<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=76494&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Financial Education</primary_category><primary_category_link>http://business.time.com/category/planning/financial-education/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2013/04/137470615-e1365022434293.jpg?w=240</featured_image>
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			<media:title type="html">three teenage girls</media:title>
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			<media:title type="html">marthacwhite</media:title>
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		<title>Hey Walmart, It&#8217;s Hard to Make Sales When Store Shelves Are Empty</title>
		<link>http://business.time.com/2013/03/27/hey-walmart-its-hard-to-make-sales-when-store-shelves-are-empty/</link>
		<comments>http://business.time.com/2013/03/27/hey-walmart-its-hard-to-make-sales-when-store-shelves-are-empty/#comments</comments>
		<pubDate>Wed, 27 Mar 2013 15:39:08 +0000</pubDate>
		<dc:creator>Brad Tuttle</dc:creator>
				<category><![CDATA[Careers & Workplace]]></category>
		<category><![CDATA[Companies & Industries]]></category>
		<category><![CDATA[Future of Retail]]></category>
		<category><![CDATA[Job Markets]]></category>
		<category><![CDATA[Retail]]></category>
		<category><![CDATA[Saving]]></category>
		<category><![CDATA[Saving & Spending]]></category>
		<category><![CDATA[Smart Spending]]></category>
		<category><![CDATA[restocking]]></category>
		<category><![CDATA[understaffing]]></category>
		<category><![CDATA[Wal-Mart]]></category>
		<category><![CDATA[Walmart]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=75846</guid>
		<description><![CDATA[One way that Walmart keeps prices low is with minimal staffing levels in stores. But shoppers and workers alike are complaining that Walmart is understaffed, and the results include annoyingly long checkout lines and shelves that are barren—because there&#8217;s no one available to restock them. A new Bloomberg News article lays out the argument that Walmart stores just don&#8217;t have enough employees on the job: In the past five years, the world’s largest retailer added 455 U.S. Wal-Mart stores, a 13 percent increase, according to filings and the company’s website. In the same period, its total U.S. workforce, which includes Sam’s Club employees, dropped by about 20,000, or 1.4 percent. It&#8217;s not surprising that the story features plenty of anecdotal evidence from customers relating their frustrating experiences dealing with Walmart workers, who seem overburdened and/or inept. “You wait 20, 25 minutes for someone to help you, then the person was not trained on mixing paint,” said one customer, a father of six from California who was trying to buy wall paint. &#8220;It was like, you have to help them help you.” (MORE: Is Walmart&#8217;s Buy American/Hire Veterans Initiative Anything More Than a PR Stunt?) What may be surprising, however, is that Walmart employees feel strongly enough about understaffing that they&#8217;re talking to the press about it. “The merchandise is in the store, it just can’t make the jump from the shelf in the back to the one in the front,” a meat and dairy stocker who works at a Walmart in Erie, Pa., said. “There’s not the people to do it.” Other workers say that stores miss out on sales because there aren&#8217;t enough employees to answer customer questions and get items out from behind jewelry counters. Walmart workers also claim that store managers get bonuses partly by keeping employee payrolls down. The story comes one month after another Bloomberg News piece featured the minutes of a Walmart meeting, in which executives reportedly said stores were &#8220;getting worse&#8221; at restocking shelves, and that &#8220;self-inflicted wounds” represented the &#8220;biggest risk&#8221; to<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=75846&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2013/03/27/hey-walmart-its-hard-to-make-sales-when-store-shelves-are-empty/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	<primary_category>Retail</primary_category><primary_category_link>http://business.time.com/category/companies-industries/retail-big-companies/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2011/11/walmartoutside1.jpg?w=240</featured_image>
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			<media:title type="html">Walmart</media:title>
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			<media:title type="html">bradtuttle</media:title>
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		<title>How to Flunk a Job Interview</title>
		<link>http://business.time.com/2013/02/28/how-to-flunk-a-job-interview/</link>
		<comments>http://business.time.com/2013/02/28/how-to-flunk-a-job-interview/#comments</comments>
		<pubDate>Thu, 28 Feb 2013 16:42:13 +0000</pubDate>
		<dc:creator>Mayra Jimenez</dc:creator>
				<category><![CDATA[Careers & Workplace]]></category>
		<category><![CDATA[Job Markets]]></category>
		<category><![CDATA[Small Business]]></category>
		<category><![CDATA[Start-Ups]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=73226</guid>
		<description><![CDATA[<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=73226&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2013/02/28/how-to-flunk-a-job-interview/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	<primary_category>Careers &amp; Workplace</primary_category><primary_category_link>http://business.time.com/category/careers-workplace/</primary_category_link>
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			<media:title type="html">TIME.com</media:title>
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		<title>3 Out of 4 Hires Fail: How to Beat the Odds</title>
		<link>http://business.time.com/2013/02/27/3-out-of-4-hires-fail-how-to-beat-the-odds/</link>
		<comments>http://business.time.com/2013/02/27/3-out-of-4-hires-fail-how-to-beat-the-odds/#comments</comments>
		<pubDate>Wed, 27 Feb 2013 19:51:14 +0000</pubDate>
		<dc:creator>Drew Greenblatt</dc:creator>
				<category><![CDATA[Careers & Workplace]]></category>
		<category><![CDATA[Job Markets]]></category>
		<category><![CDATA[Small Business]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=72880</guid>
		<description><![CDATA[<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=72880&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2013/02/27/3-out-of-4-hires-fail-how-to-beat-the-odds/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	<primary_category>Small Business</primary_category><primary_category_link>http://business.time.com/category/small-business/</primary_category_link>
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			<media:title type="html">TIME.com</media:title>
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		<title>Why Being a Quitter Is a Good Sign for the Economy</title>
		<link>http://business.time.com/2013/02/15/why-being-a-quitter-is-a-good-sign-for-the-economy/</link>
		<comments>http://business.time.com/2013/02/15/why-being-a-quitter-is-a-good-sign-for-the-economy/#comments</comments>
		<pubDate>Fri, 15 Feb 2013 15:00:16 +0000</pubDate>
		<dc:creator>Josh Sanburn</dc:creator>
				<category><![CDATA[Careers & Workplace]]></category>
		<category><![CDATA[Economic Indicators]]></category>
		<category><![CDATA[Economics & Policy]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Economy & Policy]]></category>
		<category><![CDATA[Job Markets]]></category>
		<category><![CDATA[The Economy]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=70732</guid>
		<description><![CDATA[You only quit a job when you feel you can find something better. And in December, more Americans felt confident enough to pack up their desks and look for employment elsewhere than at any time since the start of the Great Recession. Every month the Bureau of Labor Statistics releases a Job Openings and Labor Turnover Survey (JOLTS), which polls employers about the number of employees they laid off and how many up and quit. (MORE: Does President Obama Really Believe in Deficit Reduction?) In December, employees who left of their own volition made up 53% of all “job separations,” totaling 2.16 million Americans. About 1.57 million were fired while 345,000 either retired, transferred, died, or became disabled. That percentage of American quitters is the highest it’s been since June 2008, suggesting that workers are feeling at least somewhat optimistic about the economy and their chances of finding employment elsewhere. “I would hesitate to call it a strong sign of recovery,” says Nicholas Colas, chief market strategist at ConvergEx Group, which analyzes BLS data. “But it is very positive.” While there have been mild swings in the number of workers quitting their jobs over the last few years, those numbers have been gradually increasing after hitting a low of around 37% in May 2009. (MORE: How to Plan on Good Weather) Some of the numbers in the more detailed December report aren&#8217;t as positive. Job openings were down 4.6% from November; and hiring, which was 4.7% lower than the month before, took a hit. But it also showed that employers laid off the fewest employees in the 12-year history of the JOLTS report. The number of quitters points to worker confidence about the nation&#8217;s employment situation generally. This comes as a surprise given the fact that the White House and Congress were locked in a battle over the “fiscal cliff” that same month. Most analysts figured that those weeks of fruitless negotiations over the federal budget would have a negative effect on consumer behavior. And it did bring down consumer confidence numbers<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=70732&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Economic Indicators</primary_category><primary_category_link>http://business.time.com/category/economy-policy/economic-indicators/</primary_category_link>
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			<media:title type="html">jsanburn</media:title>
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		<title>Ambassador of Buzz? Are Offbeat Job Titles Awesome or Unprofessional?</title>
		<link>http://business.time.com/2013/02/11/ambassador-of-buzz-are-offbeat-job-titles-awesome-or-unprofessional/</link>
		<comments>http://business.time.com/2013/02/11/ambassador-of-buzz-are-offbeat-job-titles-awesome-or-unprofessional/#comments</comments>
		<pubDate>Mon, 11 Feb 2013 13:00:13 +0000</pubDate>
		<dc:creator>Brad Tuttle</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Business of Creativity]]></category>
		<category><![CDATA[Career Strategies]]></category>
		<category><![CDATA[Careers & Workplace]]></category>
		<category><![CDATA[Companies & Industries]]></category>
		<category><![CDATA[Job Markets]]></category>
		<category><![CDATA[Publishing]]></category>
		<category><![CDATA[Technology & Media]]></category>
		<category><![CDATA[Work/Life Balance]]></category>
		<category><![CDATA[About.com]]></category>
		<category><![CDATA[Gen Y]]></category>
		<category><![CDATA[guru]]></category>
		<category><![CDATA[job titles]]></category>
		<category><![CDATA[millennials]]></category>
		<category><![CDATA[monster.com]]></category>
		<category><![CDATA[ninja]]></category>
		<category><![CDATA[trendy]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=70171</guid>
		<description><![CDATA[Why be just another generic associate when you could hold the job title of ninja, happy maker or ambassador of buzz? Quirky job titles can give the impression that worker and company alike are fun, hip and creative. Then again, they might just come off as silly. Offbeat job titles have been around for years, especially in cutting-edge tech firms and funky, laid-back places like Oregon. A 2009 story highlighted, for instance, how companies in the state were handing employees job titles such as consultant of pleasure and (you gotta love this one) grand pooh-bah. The Boston Globe now reports that the fun, irreverent-job-title trend is spreading to &#8220;more traditional fields&#8221; including publishing and advertising. So a young woman who answers phone calls and greets guests in an office isn&#8217;t being called a receptionist but a director of first impressions. An employee at an advertising firm traded in the stodgy title of senior vice president of business development for the New Agey (but sorta vague) title creator of opportunities. And yes, a worker who might have been a mere corporate-communications assistant in a different era is now known as the firm&#8217;s ambassador of buzz. (MORE: 5 Reasons Your Top Employee Isn&#8217;t Happy) The shift to hipper, offbeat job titles is motivated partly because companies want to come off as trendy, creative, innovative and forward thinking. It certainly doesn&#8217;t hurt that the titles seem to make millennial workers happier with their jobs. Surveys show that younger workers aren&#8217;t fans of traditional workplace rules and hierarchies, and instead of being a small cog in a firm, they like to consider their roles to be crucial to their employers&#8217; success. In which case, a pumped-up job title fits, Susan Heathfield, a human-resources expert for about.com, told the Globe: &#8216;Generation Y, or our millennials, were groomed by families to have an overly inflated emphasis on their own self-worth,&#8217; said Heathfield. &#8216;You are going to see this increasingly reflected in job titles. They are not going to have a title like receptionist and feel rewarded.&#8217;<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=70171&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Careers &amp; Workplace</primary_category><primary_category_link>http://business.time.com/category/careers-workplace/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2013/02/1500_jobs.jpg?w=240</featured_image>
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		<media:content url="http://0.gravatar.com/avatar/f8de938518e7b986d552694ed99aa54d?s=96&#38;d=http%3A%2F%2F0.gravatar.com%2Favatar%2Fad516503a11cd5ca435acc9bb6523536%3Fs%3D96&#38;r=G" medium="image">
			<media:title type="html">bradtuttle</media:title>
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		<title>It&#8217;s Not Me, It&#8217;s You: 5 Ways To Avoid Another Horrible Boss</title>
		<link>http://business.time.com/2013/01/24/its-not-me-its-you-5-ways-to-avoid-another-horrible-boss/</link>
		<comments>http://business.time.com/2013/01/24/its-not-me-its-you-5-ways-to-avoid-another-horrible-boss/#comments</comments>
		<pubDate>Thu, 24 Jan 2013 16:08:24 +0000</pubDate>
		<dc:creator>John Greathouse</dc:creator>
				<category><![CDATA[Career Strategies]]></category>
		<category><![CDATA[Careers & Workplace]]></category>
		<category><![CDATA[Job Markets]]></category>
		<category><![CDATA[Small Business]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=68282</guid>
		<description><![CDATA[<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=68282&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Careers &amp; Workplace</primary_category><primary_category_link>http://business.time.com/category/careers-workplace/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/06/boss.jpg?w=240</featured_image>
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			<media:title type="html">boss</media:title>
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		<media:content url="http://1.gravatar.com/avatar/44310a1af940f994952d1e4db73096cd?s=96&#38;d=http%3A%2F%2F1.gravatar.com%2Favatar%2Fad516503a11cd5ca435acc9bb6523536%3Fs%3D96&#38;r=G" medium="image">
			<media:title type="html">TIME.com</media:title>
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		<title>Smoking: A Drag for Job Applicants?</title>
		<link>http://business.time.com/2012/12/24/smoking-a-drag-for-job-applicants/</link>
		<comments>http://business.time.com/2012/12/24/smoking-a-drag-for-job-applicants/#comments</comments>
		<pubDate>Mon, 24 Dec 2012 15:00:33 +0000</pubDate>
		<dc:creator>Knowledge@Wharton</dc:creator>
				<category><![CDATA[Careers & Workplace]]></category>
		<category><![CDATA[Job Markets]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=65004</guid>
		<description><![CDATA[<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=65004&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Job Markets</primary_category><primary_category_link>http://business.time.com/category/careers-workplace/job-markets/</primary_category_link>
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			<media:title type="html">timeknowledgewharton</media:title>
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		<title>Job Satisfaction or Long-term Job Stability? Turns Out It&#8217;s Hard to Have Both</title>
		<link>http://business.time.com/2012/12/14/job-satisfaction-or-long-term-job-stability-turns-out-its-hard-to-have-both/</link>
		<comments>http://business.time.com/2012/12/14/job-satisfaction-or-long-term-job-stability-turns-out-its-hard-to-have-both/#comments</comments>
		<pubDate>Fri, 14 Dec 2012 17:01:49 +0000</pubDate>
		<dc:creator>Martha C. White</dc:creator>
				<category><![CDATA[Career Strategies]]></category>
		<category><![CDATA[Careers & Workplace]]></category>
		<category><![CDATA[Job Markets]]></category>
		<category><![CDATA[Work/Life Balance]]></category>
		<category><![CDATA[accountant]]></category>
		<category><![CDATA[CareerBuilder]]></category>
		<category><![CDATA[fire fighter]]></category>
		<category><![CDATA[MyPlan]]></category>
		<category><![CDATA[software engineer]]></category>
		<category><![CDATA[teacher]]></category>
		<category><![CDATA[telemarketer]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=64014</guid>
		<description><![CDATA[Would you rather have a career that makes you one of the most in-demand workers in the economy of tomorrow, or one that leaves you deeply satisfied when the work day is done? Two new surveys rank careers on these criteria and, indeed, it looks one needs to make a choice: Almost no careers ranked high on both lists.  A quick scan down CareerBuilder.com’s ranking of the top jobs for 2013 based on growth shows that the most in-demand jobs generally involve working with numbers, computers, or both. Software developer is the top gig, followed by accountant. On the other hand, a similar proportion of the most satisfying jobs — as self-reported by nearly 14,000 users of the career site MyPlan.com — overwhelmingly involve working with people. Teachers, doctors, counselors &#8230; the options couldn’t be more different than CareerBuilder’s list. (MORE: The Bad News Behind the Good Jobs Numbers) The comparison isn’t exactly apples to apples because CareerBuilder’s list focuses on the top jobs for college graduates with bachelors’ degrees. The jobs on MyPlan’s list run the gamut, with the top spot going to &#8220;singer.” Still, it seems clear that people get the most job-related satisfaction out of interacting with other people. And animals: Two of the top 20 jobs are animal-care supervisor and vet tech. The difference stems from the fact that people-focused jobs enable workers to get positive feedback on a regular basis, says John Challenger, CEO of outplacement firm Challenger, Gray &#38; Christmas. &#8221;Money&#8217;s not the motivator,&#8221; he says. &#8220;It doesn&#8217;t compare with knowing that you made someone&#8217;s life better.&#8221; While clients, patients, and students can drive you crazy, they can also say thanks or let you know how you made a difference in their lives. At times, you even get to see the positive differences you&#8217;ve made in their lives, say, when a former student starts a company or lands a dream job. You don’t get that if your job entails staring at a screen all day. It&#8217;s equally unlikely a spreadsheet will ever give you a thumbs-up.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=64014&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Careers &amp; Workplace</primary_category><primary_category_link>http://business.time.com/category/careers-workplace/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/12/103498240-e1355344822863.jpg?w=240</featured_image>
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			<media:title type="html">Career path job search</media:title>
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			<media:title type="html">marthacwhite</media:title>
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		<title>Whoever He Is, the President Elect Will Quickly Face an Economic Crisis</title>
		<link>http://business.time.com/2012/11/05/whoever-he-is-the-president-elect-will-quickly-face-an-economic-crisis/</link>
		<comments>http://business.time.com/2012/11/05/whoever-he-is-the-president-elect-will-quickly-face-an-economic-crisis/#comments</comments>
		<pubDate>Mon, 05 Nov 2012 16:00:49 +0000</pubDate>
		<dc:creator>Michael Sivy</dc:creator>
				<category><![CDATA[Austerity]]></category>
		<category><![CDATA[Currency]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Economy & Policy]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Health Care]]></category>
		<category><![CDATA[Healthcare]]></category>
		<category><![CDATA[Job Markets]]></category>
		<category><![CDATA[Jobs]]></category>
		<category><![CDATA[Taxes]]></category>
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=59923</guid>
		<description><![CDATA[This election cycle has been so contentious, divisive, and relentless that most Americans will breathe a sigh of relief once it’s over. Vice President Joe Biden has said he plans to take a vacation three days after the election, but the President Elect will have no such chance to kick back. In fact, he will scarcely have time to catch his breath once the ballot counting is completed. For while the drama of this election has monopolized much of the media coverage in recent weeks, the U.S. is confronting a host of terribly difficult economic issues that will have to be dealt with early next year. Fortunately, the most daunting challenges facing the nation offer some breathing room. The current recovery has been the weakest since World War II, and the current unemployment rate is higher than it was the day that President Obama was sworn into office. Some experts say this is because the recession hit the financial and housing sectors unusually hard, doing structural damage that held back the rebound. Others argue that it is the result of a badly targeted stimulus program and misguided tax and regulatory policies. Either way, something will need to be done to accelerate the speed of the recovery. (PHOTOS: The Recession in Pictures: America Copes with a Stagnant Economy) Over the longer term, the U.S. also faces a debt crisis. Borrowing more than a trillion dollars a year is swelling the debt faster than the economy can grow. That means debt will continue to rise relative to GDP, putting the U.S. on track to economic instability. It will be some years, however, until the country reaches an acute crisis. At present, the ballooning debt – and the Federal Reserve’s easy-money policies that finance it – have not significantly pushed up either interest rates or inflation. The key to any permanent deficit solution will be reform of the major entitlements, including Social Security and health care. And that will require extraordinarily difficult compromises. (MORE: The Art of Badmouthing Good Jobs News) Those compromises are unlikely to be reached in the<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=59923&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2012/11/05/whoever-he-is-the-president-elect-will-quickly-face-an-economic-crisis/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	<primary_category>Economy &amp; Policy</primary_category><primary_category_link>http://business.time.com/category/economy-policy/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/11/155341926-1.jpg?w=240</featured_image>
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			<media:title type="html">In Profile: 100 Years In US Presidential Races</media:title>
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		<media:content url="http://2.gravatar.com/avatar/b8875a12f713f52ecc28fe72efed7fd4?s=96&#38;d=http%3A%2F%2F2.gravatar.com%2Favatar%2Fad516503a11cd5ca435acc9bb6523536%3Fs%3D96&#38;r=G" medium="image">
			<media:title type="html">michaelsivy</media:title>
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		<title>Why the U.S. Has a Worse Youth Unemployment Problem than Europe</title>
		<link>http://business.time.com/2012/11/05/why-the-u-s-has-a-worse-youth-employment-problem-than-europe/</link>
		<comments>http://business.time.com/2012/11/05/why-the-u-s-has-a-worse-youth-employment-problem-than-europe/#comments</comments>
		<pubDate>Mon, 05 Nov 2012 06:30:32 +0000</pubDate>
		<dc:creator>Peter Gumbel</dc:creator>
				<category><![CDATA[Careers & Workplace]]></category>
		<category><![CDATA[Economy & Policy]]></category>
		<category><![CDATA[Job Markets]]></category>
		<category><![CDATA[Jobs]]></category>
		<category><![CDATA[Labor]]></category>
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=59877</guid>
		<description><![CDATA[The latest unemployment statistics released this week on both sides of the Atlantic show that the number of jobless is continuing to rise in Europe far above the rate in the U.S., and the picture is especially bleak for young Europeans under the age of 25. In the 27 E.U. nations as a whole, the youth unemployment rate rose to 22.8% in September, up from 21.7% the previous year. In Greece and Spain, that proportion is over 50%. In the U.S., meanwhile, the unemployment rate was essentially unchanged in October, at 7.9%, the Bureau of Labor Statistics announced Nov. 2. And the U.S. rate of unemployment among young people under 25 was 16%. But such statistics are rather misleading because they don’t tell the whole story. They don’t include the millions of youngsters who are not in the labor market because they are continuing with their education or are engaged in training programs. If you take those young people into account, the picture is still grim everywhere, but the U.S. actually comes off as having a worse youth unemployment problem than Europe. (MORE: The Jobless Generation) The most marginalized group of young people are those who not only don’t have a job but are no longer in school, either. In the jargon of economists, these are the so-called NEETs, youngsters not in employment, education or training. Their numbers have been rising everywhere, but they are especially prevalent in the U.S. According to the Organisation for Economic Co-operation and Development (OECD) in Paris, which has the best data on the subject, 14.8% of young Americans qualified as NEETs in the first quarter of 2011 (the most recent period available), up from 12.1% in the same period in 2007. In the E.U. as a whole, the figure was 13.2%, up from 11.5% in 2007. Within the European numbers there are big variations. In Germany, Austria and the four Scandinavian countries of Denmark, Sweden, Norway and Finland, the figure is below 10%. Spain and Greece have high rates, as would be expected, of 17.6% and 18.2%, respectively, but the worst<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=59877&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Jobs</primary_category><primary_category_link>http://business.time.com/category/economy-policy/jobs-economy-policy/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/11/1500_us_job_1104.jpg?w=240</featured_image>
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			<media:title type="html">Job seekers stand in line to meet prospective employers at a career fair in New York City</media:title>
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			<media:title type="html">petergumbeltime</media:title>
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		<title>Viewpoint: The Art of Badmouthing Good Jobs News</title>
		<link>http://business.time.com/2012/11/02/viewpoint-the-art-of-badmouthing-good-jobs-news/</link>
		<comments>http://business.time.com/2012/11/02/viewpoint-the-art-of-badmouthing-good-jobs-news/#comments</comments>
		<pubDate>Fri, 02 Nov 2012 19:48:07 +0000</pubDate>
		<dc:creator>Bill Saporito</dc:creator>
				<category><![CDATA[Job Markets]]></category>
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://business.time.com/?p=59888</guid>
		<description><![CDATA[If there’s one thing that Americans for Prosperity won’t tolerate, it’s prosperity. That was the message from the group’s leader following this morning’s economic news: a better-than-expected employment report, and the upward revision of figures for the prior two months. “Reckless spending, higher debt, and ever-higher taxes are not helping Americans get back to work,” roared Tim Phillips, president of AFP. That would be news, of course, to the 171,000 people who started picking up paychecks last month. But the AFP, which is an anti-Obama — to say the least — antigovernment, Ayn Rand/Friedrich Hayek-flavored advocacy group, is having none of it. This job growth is bad because it’s not their kind of job growth, even though it is: All of the growth came from the private sector; governments shed jobs. (MORE: The U.S. Economy Adds 171,000 Jobs in October, but Challenges Remain) The Chamber of Commerce, which represents the nation’s employers, isn&#8217;t all that thrilled either. “The 171,000 net new jobs created last month were unanticipated, but we shouldn’t be fooled by this number,” said America’s bosses. You mean, fooled into thinking that 171,000 new jobs is worse than not having 171,000 new jobs? And furthermore, the Chamber pointed out, “for people remaining in the workforce average hourly earnings went down.” Might we suggest that the Chamber’s members have something to do with the wage figure? You want to help, give your workers a raise. As economists without an ax to grind have explained, today’s number is more evidence that job recovery from the financial meltdown is going to drag on for years. The figure has to go north of 200,000 a month to get unemployment nearer to the 6% rate that used to be considered “full employment.” Instead, the slow/middling/steadily-improving (pick your adjective based on your politics) job growth environment is what happens when an unprecedented economic collapse meets unprecedented structural change in the economy. As my colleague and co-writer Rana Foroohar explained in a TIME cover story earlier this year, since 1990 post-recession job recovery has been stretching out well beyond the historical<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=59888&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Economic Indicators</primary_category><primary_category_link>http://business.time.com/category/economy-policy/economic-indicators/</primary_category_link>
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			<media:title type="html">bilsap</media:title>
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		<title>4 Key Financial Moves After Landing a New Job</title>
		<link>http://business.time.com/2012/10/01/4-key-financial-moves-after-landing-a-new-job/</link>
		<comments>http://business.time.com/2012/10/01/4-key-financial-moves-after-landing-a-new-job/#comments</comments>
		<pubDate>Mon, 01 Oct 2012 16:01:45 +0000</pubDate>
		<dc:creator>Dan Kadlec</dc:creator>
				<category><![CDATA[Careers & Workplace]]></category>
		<category><![CDATA[Financial Education]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[Job Markets]]></category>
		<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[Planning]]></category>
		<category><![CDATA[Retirement]]></category>
		<category><![CDATA[The Economy]]></category>
		<category><![CDATA[Flexible Spending Account]]></category>
		<category><![CDATA[health benefits]]></category>
		<category><![CDATA[job hunt]]></category>
		<category><![CDATA[job search]]></category>
		<category><![CDATA[workplace retirement plan]]></category>

		<guid isPermaLink="false">http://moneyland.time.com/?p=44530</guid>
		<description><![CDATA[The jobs picture remains depressed with unemployment holding above 8%. But work mobility is clawing back and you may finally be thinking about your next move. One thing to consider is that a new employer’s benefits plan may be vastly different from the one you have now. Odds are you won’t be eligible for a traditional pension, and hundreds of companies tweaked their 401(k) plan during the recession. These and other benefits should be carefully weighed. (MORE: How Young People Can Lock Up Financial Security in Five Years) “When you leave a job or take on a new one, there are multiple factors to consider that could significantly influence your future,” Stuart Ritter, senior financial planner with fund company T. Rowe Price, says in a new report. If you are changing jobs, he says, you should consider these items: Your new workplace retirement plan It may or may not stack up well against your old plan. Many companies reduced their employee match during the downturn. Most have restored the match, but by no means has it been universal. In any case, try to save more—15% of gross pay, including the company match, is a good target. Don’t simply default to your old savings pattern. You may now earn more or your commute may cost less, enabling you to set more aside. You’ll also have to decide what to do with the assets in your old plan—roll them into an IRA, roll them into your new employer’s plan, leave them in your old plan or cash them out. The cash-out is a clear mistake. Health and other benefits Your family probably still has the same needs but your benefits may be different. Use the transition to find the most efficient way to get the right amount of life insurance and disability coverage. “Your new employer may offer a benefit that you previously had to buy on your own&#8230;Or it may not offer a benefit that you rely on,” Ritter writes. “Evaluate your needs and compare the available benefits offered by your<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=44530&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://business.time.com/2012/10/01/4-key-financial-moves-after-landing-a-new-job/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	<primary_category>Financial Planning</primary_category><primary_category_link>http://business.time.com/category/planning/financial-planning/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/07/75627778-e13416042173171.jpg?w=240</featured_image>
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			<media:title type="html">You&#039;re hired</media:title>
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			<media:title type="html">dankadlec</media:title>
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		<title>Is High Unemployment Making Us All Sick?</title>
		<link>http://business.time.com/2012/07/18/is-high-unemployment-making-us-all-sick-2/</link>
		<comments>http://business.time.com/2012/07/18/is-high-unemployment-making-us-all-sick-2/#comments</comments>
		<pubDate>Wed, 18 Jul 2012 16:12:24 +0000</pubDate>
		<dc:creator>David Futrelle </dc:creator>
				<category><![CDATA[Career Strategies]]></category>
		<category><![CDATA[Careers & Workplace]]></category>
		<category><![CDATA[Job Markets]]></category>
		<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[Work/Life Balance]]></category>
		<category><![CDATA[depression]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[mental health]]></category>
		<category><![CDATA[unemployment]]></category>
		<category><![CDATA[unemployment rate]]></category>

		<guid isPermaLink="false">http://moneyland.time.com/?p=42271</guid>
		<description><![CDATA[Our persistently high unemployment rate is not only bad for the economy, it’s bad for our bodies and souls as well. Unemployment wears down the unemployed both mentally and physically. But high unemployment also hurts those with jobs, as some workers worry endlessly (and not without justification) that they too could be let go at almost any moment, while others cling to jobs they hate because they’re acutely aware that almost no one’s hiring at the moment. (It’s a lot easier to tell your boss to go to hell if recruiters have you on speed dial.) Indeed, some research suggests that job insecurity, and the anxieties it provokes, can have even worse health effects than actually losing your job. The unemployment rate currently sits at a little above 8%. While it’s down almost a percentage point from last year (in part because so many long-term unemployed have given up looking for work), few are predicting a sudden burst of hiring that could knock us out of our current malaise. Indeed, some are suggesting that we may have reached a new “natural level” of unemployment, a bit of speculation that’s all the more depressing because it’s all too plausible. This is bad news for our bodies. Researchers have noted the serious effects of unemployment on our health for decades. One recent study by a researcher at the Harvard School of Public Health found that in the year and a half after losing their jobs, laid-off workers were at twice the risk of developing high blood pressure, diabetes or heart disease than those fortunate enough to remain employed. In a very real sense, unemployment kills: a 2009 study found that workers in Pennsylvania who lost their jobs at the age of 40 had their life expectancy reduced by a year. (MORE: Work from Home and You Might Miss a Raise) And unemployment wreaks havoc on our minds as well. The authors of a 2010 Pew Research Center report on the effects of long-term unemployment note that losing a job means not only “lost income” but “lost friends [and] lost self-respect” as well. Robert L. Leahy,<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=42271&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Job Markets</primary_category><primary_category_link>http://business.time.com/category/careers-workplace/job-markets/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/07/2100_ml_unemployment_0717.jpg?w=240</featured_image>
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			<media:title type="html">Unemployed</media:title>
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			<media:title type="html">vluck2012</media:title>
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		<title>What Type of Worker Are You? Your Next Boss May Want to Know</title>
		<link>http://business.time.com/2012/07/06/what-type-of-worker-are-you-your-boss-may-soon-want-to-know/</link>
		<comments>http://business.time.com/2012/07/06/what-type-of-worker-are-you-your-boss-may-soon-want-to-know/#comments</comments>
		<pubDate>Fri, 06 Jul 2012 14:00:04 +0000</pubDate>
		<dc:creator>Victor Luckerson</dc:creator>
				<category><![CDATA[Career Strategies]]></category>
		<category><![CDATA[Careers & Workplace]]></category>
		<category><![CDATA[Job Markets]]></category>
		<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[hiring]]></category>
		<category><![CDATA[holland codes]]></category>
		<category><![CDATA[interest profile]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[myers-briggs]]></category>

		<guid isPermaLink="false">http://moneyland.time.com/?p=41806</guid>
		<description><![CDATA[At one point or another, many of us have been stuck with a job that wasn’t necessarily in our field of interest. That can be bad for the employee in question, of course &#8212; but a new psychological study shows that it’s bad for business, as well. Employees who are interested in their jobs consistently perform better than their surly peers. They are more likely to help out coworkers; are less likely to leave their jobs; and even commit less deviant behavior in the workplace, according to the study. If this seems obvious, well, it kind of is. But the fact is, hiring decision often don&#8217;t take this into account &#8212; and the presumption that someone who gets a job is fundamentally interested in that job may in fact be holding back office productivity. A more thoughtful approach to the application and hiring process is likely to yield both more satisfied employees and better workers. “People aren’t always in jobs they’re actually interested in,” said Chris Nye, a psychology professor at Bowling Green State University who helped lead the study. “Maybe it’s just implicitly assumed if someone’s applying for a job, they’re interested  in it &#8212; but that doesn’t seem to be the case.” (MORE: Finding a Job in 2012: Real-Life Success Stories) From the psychologists’ perspective, “interest” is something different than selling yourself in a job interview by telling your would-be boss how passionate you are about the company. Each of us has a deep-seated set of values and personality traits that make us predisposed to excel in some occupations and struggle in others. Without specific data evaluating the interests of employees and how those interests match the needs of a job, the hiring process can often be extremely subjective. There are various metrics for measuring someone’s interests. One well-respected methodology is the use of Holland Codes, named after a psychologist who studied the science behind vocational choices. After taking a survey &#8212; think Myers-Briggs, but based around occupation instead of personality &#8212; prospective hires are ranked in six<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=41806&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	<primary_category>Career Strategies</primary_category><primary_category_link>http://business.time.com/category/careers-workplace/career-strategies/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/07/adults-exam-performance2.jpg?w=240</featured_image>
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			<media:title type="html">adults-exam-performance</media:title>
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			<media:title type="html">vluck2012</media:title>
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		<title>Steadiest, Fastest-Growing Jobs: Service Gigs That Pay Poorly</title>
		<link>http://business.time.com/2012/07/06/steadiest-fastest-growing-jobs-service-gigs-that-pay-poorly/</link>
		<comments>http://business.time.com/2012/07/06/steadiest-fastest-growing-jobs-service-gigs-that-pay-poorly/#comments</comments>
		<pubDate>Fri, 06 Jul 2012 13:10:40 +0000</pubDate>
		<dc:creator>Brad Tuttle</dc:creator>
				<category><![CDATA[Career Strategies]]></category>
		<category><![CDATA[Careers & Workplace]]></category>
		<category><![CDATA[Job Markets]]></category>
		<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[The Economy]]></category>
		<category><![CDATA[fast food]]></category>
		<category><![CDATA[home health aide]]></category>
		<category><![CDATA[low-skill jobs]]></category>
		<category><![CDATA[nurse's aide]]></category>
		<category><![CDATA[old]]></category>
		<category><![CDATA[personal service jobs]]></category>
		<category><![CDATA[seniors]]></category>
		<category><![CDATA[service job]]></category>
		<category><![CDATA[young]]></category>

		<guid isPermaLink="false">http://moneyland.time.com/?p=41788</guid>
		<description><![CDATA[The latest U.S. jobs report indicates that the economy added a mere 75,000 jobs per month during the April-June quarter and that the unemployment rate remains stuck at 8.2%. The news may seem worse in light of the kinds of jobs most likely to be created nowadays: the industries that are growing the quickest and have been hiring like crazy are offering jobs with meager wages and duties that many workers find beneath them. Over the past two decades in the U.S., one category of employment has outgrown all the rest: personal-service jobs. The jobs that fall into this category include cutting hair, cleaning houses, assisting the elderly and serving burgers and fries in the fast-food world. Besides the general idea that these jobs all involve helping others in some way or another, they have a few more things in common: they cannot easily be outsourced to overseas workers (or robots, for that matter), they tend to pay poorly (typically an hourly wage rather than a salary, and often $10 to $15 an hour or even less), and they tend to be the kinds of low-skill jobs that high school guidance counselors have traditionally suggested for students with barely passing grades. No wonder more and more people are questioning whether the American Dream still exists. (MORE: What Were They Thinking? 10 Ads That Sparked Controversy) From 1989 to 2007, a period when the American economy mostly boomed, the number of personal-service jobs grew by 36%, according to data cited by the Wall Street Journal. By contrast, middle-skill jobs, including work as clerks and in factory production, grew by just 5% during that period. In the years during and after the Great Recession, the trend basically continued: from 2007 to 2010, when the overall number of jobs decreased by 6%, there was a 12% decline in middle-skill jobs, while personal-service employment was one of the only categories to post an increase (2%). Even though it&#8217;s nice to be employed in a growth industry, these personal-service jobs are often the option of<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=business.time.com&#038;blog=31173800&#038;post=41788&#038;subd=timebusinessblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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	<primary_category>The Economy</primary_category><primary_category_link>http://business.time.com/category/personal-finance-2/economics-policy/the-economy/</primary_category_link><featured_image>http://timebusinessblog.files.wordpress.com/2012/07/200248644-001-e13415053246591.jpg?w=240</featured_image>
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