Drug makers have hired more people for marketing jobs than research-and-development jobs, despite claims they spend more on the latter, according to a new study.
The nation's male population grew at a slightly faster rate (13.9 percent) than the female population (12.5 percent) over the last decade of the 20th century, resulting in a lessening of the gap between the number of men and women.
Employers expect to hire 19.7 percent fewer new college graduates in 2001-02 than they hired in 2000-01, according to the results of the Job Outlook 2002 survey, conducted during late July through mid-August by the National Association of Colleges and Employers (NACE).
It's not all gloom and doom out there, according to the Christian Science Monitor, which reports that despite all the layoffs and closings, scores of industries are still hiring, including mining firms, mortgage bankers, health services, oil companies, insurance providers, and electric utilities.
If government predictions prove true, the layoff binge of today may be followed by one of the nation's most severe labor shortages, brought on by the retirement of baby boomers, The New York Times reports.
Increasingly, job-seeking managers and executives are rebuffing smaller firms in favor of larger employers, which they apparently perceive as being a safer harbor in the weakened economy, according to the outplacement firm Challenger, Gray & Christmas.
