Many HR professionals anticipate that layoffs at their organization are either "highly likely" to occur by the end of the year, or report that layoffs have already taken place in 2008, according to recent Compensation.BLR.com poll.
HR professionals report that the most talked-about topics in the workplace are the economy and company-specific topics--with less attention being paid to politics and the NCAA college basketball tournament--in a recent Compensation.BLR.com poll.
Three workers whom Circuit City laid off because their wages were above market rates have filed an age-discrimination and wrongful-termination lawsuit against the company, the Christian Science Monitor reports.
Circuit City has announced that it has laid off thousands of employees who the company says were paid well above the market-based salary range for their role.
The U.S. high-tech industry lost 540,000 jobs in 2002, dropping from 6.5 million
to 6.0 million, according to a study by American Electronics Association.
Payroll employment rose by 126,000 in October, following a similar increase in September, the Labor Department reported today. The unemployment rate dropped slightly to 6 percent.
Employers added 57,000 jobs in September and
the unemployment rate remained at 6.1 percent, the Bureau of Labor Statistics
of the U.S. Department of Labor reported.
Employers shed nearly 134,000 jobs in mass layoffs in August in 1,258 mass
layoff actions, as measured by new filings for unemployment insurance benefits
during the month, according to the U.S. Department of Labor's Bureau of Labor
Statistics.
