There’s no guarantee that spending tens of thousands – or even hundreds of thousands – of dollars on higher education will pay off with a job in your preferred field. But instead of leaving graduates buried under piles of student loan debt and wondering why they wanted to practice law in the first place, one New York law school is putting its money where its mouth is, offering to repay portions of graduates’ tuition if they can’t find employment. [More]
Hey, remember six months ago when we told you about Walmart stores nationwide not having enough employees to keep their shelves stocked? Yes, running your store chronically understaffed saves money, but Bloomberg reported that the empty shelves were driving Walmart customers to places where they could actually buy stuff, and same-store sales were falling. Walmart says that it plans to give some workers more hours in order to increase its workforce and maybe increase sales. [More]
Some people are so obsessed with their work that they can never envision chucking everything to begin a life of leisure, while others have spent most of their work lives counting the days until they no longer have to clock in. If you opt to jump the gun and call it a career before you hit your golden years, you’re taking a calculated risk, hoping to make your savings stretch out longer rather than spending more time to build it up before you take the plunge. [More]
Yahoo, which canned its former CEO over the phone a few months ago, is reportedly on the verge of a major restructuring that will reshape the firm the internet forgot into a much smaller version of itself. The company is seemingly set to announce massive layoffs that could number in the thousands. [More]
Forget about mall-walking and midday bingo games. It seems that workers over 55 just aren’t interested in retiring. This is problematic for the young people who, under different circumstances, would have replaced them in the workforce.
It may be easier to find an articulate Arizona State University graduate than a job these days, but TheStreet has you covered, so long as you only want to work part time and don’t mind wearing a dopey apron and/or smile.
Some adults who are out of work are now going after classic teen jobs, says ABC News. In Florida, which has the fourth-highest unemployment rate of the nation, men in their 30s and 40s “have pulled on swim trunks in hopes of beating out the teenagers for a few choice positions as $9.37 an hour lifeguards.” The report also says adults are trying out for jobs at places like Six Flags. All of this reminds us a little of this Kids In The Hall Sketch (see below) where a young boy finds a stray businessman and brings him home.
Jeff sent us the following story of how Allen & Associates, a subsidiary of Workstream, Inc., sold him a comprehensive job-placement service package last fall, then short-changed him on the actual services.