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Behind U.S. Unemployment Report and Jobs Numbers - Employees Still Fear Job Loss

Employees Accept Pay and Benefits Cuts, Management Skills a Recession Casualty

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Behind U.S. Unemployment Report and Jobs Numbers - Employees Still Fear Job LossReprinted with permission from Microsoft Office
If every unemployed person applied for the 162,000 jobs that materialized in March, then hiring managers and business owners were trolling through about 84 resumes for every job opening they had in order to hire just one person. And that is what an improved U.S. job market looks like.

Big hiring numbers are definitely better than big layoff numbers, but employees are still fearful about unemployment in the U.S. A definitive 76% of U.S. employees would be willing to take a pay cut rather than join the unemployment line, according to a recent poll released by Harris Interactive and Glassdoor.com. Reading between the responses, those who have regular paychecks are well aware that unemployment is a curse that is not easily broken, and they would be willing to do just about anything to avoid it.

Behind the U.S. unemployment report and jobs numbers are millions of employees who fear the loss of their jobs more than they despise the deterioration in working conditions and management exploitation... read more >>

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