Unemployment
Do You Know COBOL?
I guess no one learned their lessons from Y2K.
FUBAR!!!
The Benefits Of A College Education
As the following graphic from IBD demonstrates, for the first time in history, a majority of jobless workers over 25 have attended some college, and now outnumber those without a job who simply have a high school diploma or less. But at least those in the fomer category have tens of thousands of non-dischargeable debt to show for it.
Would Your Company Hire an Unemployed Job Candidate?
Not Working? Sorry, Not Interested – Businessweek
Rejecting unemployed job candidates out of hand is really stupid business, on top of being shockingly rude and unprofessional. When we say, “We don’t hire unemployed people, period,” we’re sending a loud signal to the talent population, our employees, our customers, and our vendors that we don’t have a clue how to manage people. It’s pretty easy to separate the wheat from the chaff in a selection pipeline. No one has yet won a Nobel Prize for innovation in recruiting, because it’s just not that complicated a topic.
Fascinating article and IMHO a MUST read. If companies don’t hire the unemployed just because they are unemployed then we will have millions of people spinning their wheels looking for work until they end up dead or on government assistance.
Hamsters one and all.

Unemployment and Mortality
Trauma of Job Loss Often Includes Health Problems – NYTimes.com
A sad reminder for those of us in the risk selection profession.

Unemployment and Mortality – Read This Article
This is a better article.
Is it time to rethink your guidelines for unemployed applicants?

Unemployment and Mortality
Study Sees Link Between Unemployment, Mortality Rates | workforce.com
Unemployment and reduced spending on health care have a direct effect on the country’s mortality rate, according to a new study. Unemployed workers lose jobs, lose health insurance, get stressed and adopt unhealthy behaviors.<!—->
This short article teases and provides little details of the study findings. If I can find a link to, or the actual study I will post that. Obviously, unemployment increases mortality but without a look at the study we don’t know how much of an increase we’re talking about.


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