Showing posts with label recovery. Show all posts
Showing posts with label recovery. Show all posts
Monday, February 27, 2017
Employment for College Grads after the Recovery
Employment for College Grads after the Recovery
According to an Inside Higher Ed article on a new government report, “Four of five students who graduated college in 2008 were able to find some sort of employment in the four years after their graduation, despite entering the work force during the worst of the economic recession, a federal report shows.” This very positive reading of the report has to be put in context. First of all, the study is only looking at people who graduated from four-year institutions, not community colleges or for-profit schools. Second of all, out of the 82% who have jobs, 84% have full-time jobs, so that means that 31% of all of these recent grads with degrees from four-year institutions were either unemployed or worked half time or less. Moreover, 10% of the employed were actually back in school.
One important issue that the report fails to examine is whether these students with bachelor degrees are working at jobs that traditionally require these degrees. We know from general labor trends that over 25% of the people working now who have earned college degrees are working at jobs that used to only require a high school degree or less. The government web site does tells us that 22% of the sample were in jobs not related to their college major, 40% were in jobs closely related to their major, and 31% had employment in jobs somewhat related to their majors.
A major problem with the study is that it relies mostly on self-reporting and a 17,00 person sample that skews white and female. 73% of the respondents were white and 58 were female. Moreover, 73% had graduated before the age of 24. Also, 32% graduated from private universities, and so this sample does not look like most students who are now enrolled in higher education.
Within this rather selective group of graduates (remember less than 60% of the students at these institutions ever graduate), after four years, the median salary for a full-time worker was $46,000 and the median salary for a part-time employee was $20,000. So half of the 69% (34%) of the recent college grads with full-time jobs with bachelor degrees from this selective sample were making less than $46,000 a year, and another 16% were making less than $20,000.
The report also tells us that in four years after graduation, 39% had one job, 34% were on second job, and 28% have had three or more jobs. In other words, there is a high level of job movement, which resulted in the finding that the average student in this sample spent 10 months out of the labor force in four years. We are thus a far way from the opening claim that four out of five recent graduates had jobs. Like so much reporting on employment, general claims have to be analyzed at a much deeper level in order to get the real story. A more accurate summary of this report would say that out of the select group of students who graduated in 2007-8 from four-year institutions, 61% presently had full-time jobs with a median salary of $46,000, while the rest of these graduates were making a median salary of $20,000 or less. Of course, these stats do not include the vast majority of students who are either at community colleges or who will never graduate.
Available link for download
Saturday, February 25, 2017
Easy Recovery Essentials Pro Windows 8 Free Download
Easy Recovery Essentials Pro Windows 8 Free Download
We are living in a digital age where computers and laptops play a very vital role in our everyday life. Now it is quite frustrating if your system gets out of order as most of your work plus social interaction will halt. Technician’s expertise can come in handy but it is a laborious activity. In such scenarios you need a software product which can fix your system in no time. You can also download Easy Recovery Essentials Pro Windows 7.
This recovery product can be used with almost any of the manufacturers which include Dell, HP, ASUS and Acer etc. The recovery process can also be accomplished even if you are not able to access the Windows operating system. Data that has been infected by viruses and malware. The repairing process is very easy and you can restore your data with just one click. Partitions setting can also be modified with the Partition Editor included in it. You can also download Easy Recovery Essentials Pro.
Features of Easy Recovery Essentials Pro Windows 8
Below are some noticeable features which you’ll experience after Easy Recovery Essentials Pro Windows 8 free download.
- Fixes your system within no time.
- Works with all types of computers like HP, Dell and ASUS etc.
- Repairs non-workable PCs.
- Recovers data infected from viruses.
- Got Partition Editor for modifying partition setting.
- Supports one click Windows repair.
Easy Recovery Essentials Pro Windows 8 Technical Setup Details
- Software Full Name: Easy Recovery Essentials Pro Windows 8
- Setup File Name: EasyRE_Win8.iso
- Full Setup Size: 131 MB
- Setup Type: Offline Installer / Full Standalone Setup
- Compatibility Architecture: 32 Bit (x86) / 64 Bit (x64)
- Latest Version Release Added On: 07th Jun 2016
- License: Free Trial
- Developers: Easy Recovery Essentials Homepage
System Requirements For Easy Recovery Essentials Pro Windows 8
Before you start Easy Recovery Essentials Pro Windows 8 free download, make sure your PC meets minimum system requirements.
- Operating System: Windows 8/8.1/10
- Memory (RAM): 1 GB of RAM required.
- Hard Disk Space: 200 MB of free space required.
- Processor: Intel Core 2 Duo or later.
Easy Recovery Essentials Pro Windows 8 Free Download
Click on below button to start Easy Recovery Essentials Pro Windows 8 Free Download. This is complete offline installer and standalone setup for Easy Recovery Essentials Pro Windows 8. This would be compatible with both 32 bit and 64 bit windows.
Available link for download
Sunday, February 19, 2017
Easy Recovery Essentials Pro Windows 10 Free Download
Easy Recovery Essentials Pro Windows 10 Free Download
Easy Recovery Essentials Pro Windows 10 Overview
Easy Recovery Pro Essentials is a productive application which can be used for repairing your computer when it is not working in a proper manner. Gone are the days when you make a visit to the technician for fixing up your computer now you can fix it with few clicks with this handy software. It will not just only save your time but will also save some of your bucks. If your system has got this recovery tool then your system is up and running all the time as this application will find any error in your system and fix it automatically. You can also download Easy Recovery Essentials Pro Windows 7.
This recovery tool is very easy in its use and anyone with any level of computer knowledge ca use it with ease. The recovery process can be done with just few point and click operations. This recovery tool has been specially developed for Windows 10 and it can find any of the error in your Windows and fix it with ease. It has got a partition editor by which you can modify the setting of your partition. Common booting problems can also be fixed easily. It is also quite helpful in recovering files which are infected from viruses. You may also be interested in downloading Easy Recovery Essentials Pro.
Features of Easy Recovery Essentials Pro Windows 10
Below are some noticeable features which you’ll experience after Easy Recovery Essentials Pro Windows 10 free download.
- Can easily repair your system.
- Saves your time and money.
- Easy to use.
- Got partition editor for changing the partition settings.
- Can fix common booting problems.
- Recovers virus infected files.
Easy Recovery Essentials Pro Windows 10 Technical Setup Details
- Software Full Name: Easy Recovery Essentials Pro Windows 10
- Setup File Name: EasyRE_Win10.iso
- Full Setup Size: 363 MB
- Setup Type: Offline Installer / Full Standalone Setup
- Compatibility Architecture: 32 Bit (x86) / 64 Bit (x64)
- Latest Version Release Added On: 06th Jun 2016
- License: Free Trial
- Developers: Easy Recovery Essentials Homepage
System Requirements For Easy Recovery Essentials Pro Windows 10
Before you start Easy Recovery Essentials Pro Windows 10 free download, make sure your PC meets minimum system requirements.
- Operating System: Windows 10
- Memory (RAM): 1 GB of RAM required.
- Hard Disk Space: 400 MB of free space required.
- Processor: Intel Dual Core processor or later.
Easy Recovery Essentials Pro Windows 10 Free Download
Click on below button to start Easy Recovery Essentials Pro Windows 10 Free Download. This is complete offline installer and standalone setup for Easy Recovery Essentials Pro Windows 10. This would be compatible with both 32 bit and 64 bit windows.
Available link for download
Monday, February 6, 2017
Even in a Recovery Some Jobs Wont Return
Even in a Recovery Some Jobs Wont Return
In the January 12, 2010 Wall Street Journal article "Even in a Recovery, Some Jobs Wont Return," Justin Lahart explains some of the structural changes in the U.S. labor market.
Even when the U.S. labor market finally starts adding more workers than it loses, many of the unemployed will find that the types of jobs they once had simply dont exist anymore.Reshaping the Job Market
The downturn that started in December 2007 delivered a body blow to U.S. workers. In two years, the economy shed 7.2 million jobs, pushing the jobless rate from 5% to 10%, according to the Labor Department. The severity of the recession is reshaping the labor market. Some lost jobs will come back. But some are gone forever, going the way of typewriter repairmen and streetcar operators.
Many of the jobs created by the booms in the housing and credit markets, for example, have likely been permanently erased by the subsequent bust.
"The tremendous amount of economic activity associated with housing, I cant see that coming back," says Harvard University economist Lawrence Katz. "That was a very unhealthy part of the economy."
Unhealthy but a boon for men without a college education. One in three jobs, or six million total, have been lost in the manufacturing sector since 1997, the last year the sector posted job gains. The upsurge in construction jobs accompanying the housing boom provided these workers in manufacturing with an opportunity to earn decent wages.
Now that door, too, has shut. With 1.6 million jobs lost over the last two years, the construction sector has accounted for more than a fifth of the jobs lost since the recession began.
For more highly educated workers, finance may no longer offer as many high-paying jobs as it has in the past. Thomas Philippon, an economist at New York Universitys Stern School of Business, estimates that the financial sectors share of the economy was nearly 20% larger than it should have been. Since the start of the recession, the financial sector has lost 548,000 jobs, or 6.6% of its work force. Mr. Philippons estimate suggests there will be further pressure on financial jobs.
In other areas of the labor market, the recession accelerated job losses that were probably coming anyway. In November, there were 36% fewer people working in record shops than two years earlier, according to the Labor Department. There were 23% fewer people working at directory and mailing list publishers, and 46% fewer at photofinishing establishments. Those are jobs that, with the advent of mp3 recordings, Google and digital photography, were likely disappearing anyway.
But as the recession hurt already ailing businesses, workers were forced into a sudden adjustment rather than the gradual one they would have otherwise faced. The recession also provided companies with an opportunity to cut jobs no longer as critical as they once were. That may be particularly true of the secretaries and mailroom clerks that advances in information technology have made less necessary. The ranks of people doing office and administrative work have fallen 10.1% since the recession began.
"Those are the production jobs of the information age, and theyre being to a substantial extent automated," says Massachusetts Institute of Technology economist David Autor.
The permanent loss of many jobs may keep the labor market from fully recovering for a long time to come.
Prior to the 1990s, jobs rebounded quickly once recessions ended. Payrolls fell by nearly three million in the deep downturn that extended from July 1981 to November 1982. But by the start of 1983, the economy was creating jobs again, and by the end of 1983, the U.S. job count had exceeded its old peak.
That was because more of the job losses were essentially temporary, with manufacturers and the like letting workers go with the implicit expectation that they would be hiring them back once the worst was over.
But since the early 1990s, jobs have been slower to recover from recession. After the 2001 downturn ended, job losses continued for nearly two years. It wasnt until 2005 that the job count returned to its prerecession high.
Productivity-enhancing technology and competition from low-wage countries like China made more job losses permanent. And it took time for new jobs to be created and for workers to acquire the skills needed to do them. In the wake of a far deeper recession, creating new jobs and retraining workers to do them could take even longer.
It is anyones guess what those jobs will be. The Labor Department has done little more than extrapolate from recent trends. It expects growth in areas like health care, which has been one of the few bright spots. Given the exigencies of an aging population, that seems a fair bet.
One could also make the case that the U.S. is shifting from a consumer nation to a nation of producers, and that will lead to a resurgence in technology and high-tech manufacturing jobs.
But Harvards Mr. Katz warns that past experience suggests such conjecture is likely fruitless. "One thing weve learned is that when we attempt to forecast jobs 10 or 15 years out, we dont even get the categories right," he says.
Hotel Director Forced to Give Up Own Home
Tim Winters, Aspen, Colo. Age 39
After getting laid off in March from his job as operations director at a small hotel, Tim Winters could no longer afford his $1,200 a month apartment. He has been living at family members homes, an ironic twist for someone who often used to stay for free at hotels when he traveled. "It takes a lot of understanding and time to get used to living with other people again," says Mr. Winters, who started his career in hospitality in 1996. Mr. Winters says he has applied for approximately 170 hotel-management positions and has had 14 interviews, but no job offers yet.
Economy Chips Away at Cabinet Makers Business
Daryl Jones, Tulsa, Okla. Age 45
Daryl Jones misses the smiles that would appear on clients faces after receiving the one-of-a-kind cabinets, bedroom sets and other wood furniture he built by hand while running his home-based business. But sales plummeted in recent years, prompting the third-generation craftsman to take a job building cabinets for corporate jets to make ends meet. Still, Mr. Jones is optimistic that one day he will return to his custom woodworking full time. "Once the economy bounces back and people feel comfortable again spending money, then things will start picking back up."
Auto Industry Executive Goes Back to School
Jeff Walker Brighton, Mich. Age 53
Jeff Walker, a former auto industry executive, doesnt mind being among the oldest students at Eastern Michigan University. "Im happier than just being unemployed and looking for a job," he says. In April, Mr. Walker lost his job as a vice president of operations at a small auto equipment supplier in Brighton, Mich., where he had worked for 22 years. Mr. Walker is studying technology management in pursuit of the college degree he started but never finished after high school. Now, he says, he just wants to "get out of manufacturing."
Veteran Trucker Worries About Paying the Bills
Duane Dittbrenner, Cleburne, Texas Age 50
Duane Dittbrenner was laid off last month from his job at Arrow Trucking Co. He has been struggling to find another trucking job in the Dallas-Fort Worth area. "Where I live, most of it is hazmat and tankers," says Mr. Dittbrenner, who has hauled big rigs for the past 20 years throughout the U.S. Mr. Dittbrenner says he is worried he wont be able to pay next months bills if a new job doesnt come along. "Its just getting out there and pounding the pavement," he says. "Ill have one soon. All you can do is be optimistic."
Growing Demand, but Low Pay, for Home Health
Debra Allicock, Brooklyn, N.Y. Age 42
Debra Allicock migrated to New York from Guyana in 2000 and took a job as a home-health aide, helping the elderly with errands, meals and light housekeeping. She says the relationships she gains are what motivates her to work 12-hour days despite low pay and no medical insurance. "You get to get very close and attached with them," she says of her clients. Ms. Allicock says her services are in high demand. "Why go to a nursing home when you can stay in your home surrounded by everything you love?" she says. "Maybe one day someone is going to return that favor for me."
Real Estate Executive Tries a New Path
Richard Hawthorne, Laguna Beach, Calif. Age 58
Richard Hawthorne has been out of work since June 2007, when he was laid off from a small commercial real estate investment firm where he was director of development. "In past downturns Ive done well, but this downturn has me stumped," he says. Mr. Hawthorne enjoyed his more than 30 years in commercial real estate. "There was something new and totally unpredictable each and every day to solve," he says. But now, tired of being told he is overqualified for jobs in his field, he is launching a business advising financial institutions on how to eliminate investment property debt.
-- Interviews by Sarah E. Needleman
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