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Tags > unemployment
Corporations and Cloud Sourcing
By Kurt CagleMarch 9, 2009
The news out of the Bureau of Labor Statistics (the BLS) was grim this weak - the unemployment rate had reached 8.1%, climbing two whole percentage points in the last quarter. This rise is even more stunning given that unemployment had reportedly been stable for the past several years at around 5%, though this may also be simply a reflection that the numbers haven't been cooked quite so vigorously.
Surviving the Pink Slip
By Kurt CagleOctober 20, 2008
Everyone's been nervous for months, watching the market numbers, the stock prices, the declining sales figures. In the IT department, it's not been uncommon to see programmers with one window open on code, the second on the app the code's supposed to generate ... and the third on a steady stream of plummeting financial indexes and bad news about the economy. Then, about two in the afternoon, your project manager taps you on the shoulder - special meeting in ten minutes. When you stand up from your cubicle and look around, you notice that there are several security types idling in the hallway ... and you know, instinctively, what that meeting's going to be about.
IT Workers and the Gathering Economic Storm
By Kurt CagleAugust 14, 2008
IT workers are in general perhaps better prepared for the upheavals in that emerging world than most - a world where knowledge, flexibility, indepence of action and thought, and an ability to network will prove to be the most desirable characteristics, but that nimbleness comes at the cost of not tying yourself down to the older society's expectations. Even if the economy does manage to avoid the worst of the doldrums, these are traits to encourage in the days ahead.
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