Posts Tagged ‘Jobs Summit’

Hiring Advice For Employers, Recruiters & Talent Search Firms To Help Reduce Unemployment Rate

Despite a recommendation from a United States Senator, and a recommendation from the head of one of the Commissions that requires Senate confirmation, and another recommendation from the #2 person within another agency (and who happens to be one of the largest contributors to President Obama’s campaign), I could not get invited to the Presidential Job Summit.  In hindsight, I should have just dressed up and crashed it as that seems to work, but that just wouldn’t have been the right thing to do. I am not sorry that I wasn’t included other than I had hopes that something tangible would come from the session.  I may be one of the few Americans who watched all of the sessions online.  More to come on that and my learning from watching all of those sessions (btw, you can too on www.whitehouse.gov).

In the meantime, here is an idea that might help, without government subsidies or any taxpayer money… This initiative would be all of us helping each other out and participating in our own support in getting people back to work.  This initiative revolves around reducing one of the largest barriers that get in the way of hiring and that is the ...

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Obama Jobs Summit Stirs Questions Over Salary Awareness

Today in the White House job summit, President Obama and his cabinet invited business executives, finance experts, economists, small business owners and labor leaders to discuss ways to spark job creation. The Christian Science Monitor highlights eight ideas to help jobs rebound and of these eight ideas, there are a couple that specifically caught our interest, including:

Tax credits. As it did with incentives this year for people to buy cars or houses, Congress may dangle cash in front of employers who hire. The liberal Economic Policy Institute estimates that if the Treasury refunds 15 percent of new wage costs in 2010, and 10 percent in 2011, the result could be 3 million jobs next year and 2 million in 2011. Some experts argue the credit won’t be that successful.
Just wait, jobs will come back. The first Obama administration stimulus package of $787 billion is still only partly spent. That, plus a nascent consumer recovery, will generate job growth next year, some economists say. And there’s this tough-love recipe for jobs: Let US wage rates adjust downward, so that the demand for labor comes into balance with supply. That’s a process that tends to be slow, however.

These ...

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