Items tagged with employment:
News & Updates:
New numbers from the U.S. Census Bureau show that the American poverty rate went down by 0.8 percent - but why aren’t American’s feeling the relief?
Faculty Affiliate Peter Cappelli comments for MarketPlace:
The sequence of events is so familiar now as to be predictable. A CEO or high-profile employee commits a blunder or transgression, a social-media campaign fans the flames of outrage, and employer and employee appear to be left with no other choice but to part ways.
Are there alternatives, or have we firmly settled into a culture that prefers firings and forced resignations?
“Punishments are bigger for leaders because the audience for them is bigger: The message value of the punishment is more important,” says Faculty Affiliate professor Peter Cappelli. “Transgressions that have to do with ethics and values are more serious and require bigger punishments because the internal audience is bigger — corporate culture is influenced by it.”
President Trump promises more North Korea sanctions; Senate Health Committee schedules hearing on opioid crisis; Eurozone consumer confidence at highest since 2001; US jobless claims fall, hurricanes’ impact still unclear.
U.S. workers have changing views of what makes a job good, and a decade of bruising job cuts, minimal raises and lean staffing has led them to lower their expectations, economists and labor-market experts say.
American workers remain scarred by the Great Recession, which reset expectations for a whole generation, says Faculty Affiliate Peter Cappelli.
“In the dot-com period, we had M.B.A. students who literally were expecting to be millionaires within two or three years,” Cappelli says, referring to the late-1990s tech bubble. “After 2009, we had people who were just glad to get any kind of job.”
The Department of Health and Human Services announced cuts to Obamacare outreach programs. US manufacturing beating analyst estimates by a wide margin, signaling higher consumer and business demand.