Latest job numbers show no improvement

10 01 2010

The job market is not nearly as hot as it once was. The December unemployment report released Friday shows we’re nearing an unemployment high. Although employers cut 85,000 jobs from payrolls and the unemployment rate was unchanged at 10%, it is just below the 10.8% peak hit in the 1982 recession. The figures dashed hopes that the final month of 2009 would be the first to show jobs being added back to the economy, reported Money magazine. With more than seven million jobs lost in the last two years, no one was looking for major job creation, but the report still contained many depressing numbers. Read more >>.

Minnesota fares better than nation, but not as well as our west side neighbor.

Here in the Twin Cities, we’re lucky. Our unemployment rate is only 7.0%, according to a report released a few days earlier. But if you want to fare even better, go just a tad west. South Dakota sits at a 4.5% unemployment rate and North Dakota at 3.7%. See how we stack up to other states.

Reverse mortgage good idea if you lost your job? Not so sure.

6 01 2010

Are reverse mortgages a good option for seniors who have lost jobs, savings?

People age 62+ have the option of tapping their home equity through a reverse mortgage, where by the lender pays you a lump sum or monthly installments that you do not have to pay back until all the senior title holders of the home have passed away or moved out. Many seniors forced into early retirement or who were downsized or lost stock or retirement savings with the downturn in the economy, have turned to this option. With the aging Baby Boomer population, more are expected to do so in 2010. See what Mitsva’s Sheree R. Curry has to say about Reverse Mortgages in her article for AOL, illustrated by Mitsva volunteer Brad Dickinson (who is available to illustrate other projects if you know of anyone hiring).

Does Your Business Card Represent You?

19 11 2009

Sandra Brick is leading two workshops on Friday, Nov. 20:

9:30am – 10:30am Business cards: projecting an updated professional image
11:00am – noon Networking effectively in the Twin Cities

1712 Hopkins Crossroads, Minnetonka, 55305

Minnesota industrial jobs down 6.4% over past two years

18 11 2009

Industrial employment in Minnesota fell 6.4 percent over the past 24 months according to the 2010 Minnesota Manufacturers Register, an industrial directory published annually by Manufacturers’ News Inc. MNI reports Minnesota lost 31,185 manufacturing jobs over the past two years, with 8,745 jobs lost between September 2007 and September 2008 and 23,217 industrial jobs from 2008 to September of this year.

More >>

Honesty is Best Policy on Resumes

5 10 2009

Curriculum Vitae Here’s the dilemma: you’re proofreading your friend’s resume and it becomes pretty clear to you that he is taking more than a little bit of liberty with the truth – saying he conceived the idea rather than just implemented it, calling it a promotion rather than a lateral move, and glossing over that 13-month stint at that crazy start-up back in the boom.

What do you tell him? Remembering that competition is stiff out there – you know it’s the “Great Recession,” after all – and that he needs to stand out from the crowd.

Well, Readers, I hope you’ll remind him that honesty is the best policy.

— Marc Cendella,

Hello world!

23 09 2009

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