Category: Your Career (Page 55 of 62)

GM and Chrysler to add a combined 2,000 jobs in Detroit

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Here’s some great news on the jobs front.

General Motors Co. and Chrysler Group LLC will be hiring engineers and other technical staff, creating a combined 2,000 high-tech jobs.

GM will add 1,000 engineers and researchers in Michigan over the next two years to work on technology behind vehicles like the Chevrolet Volt. And Chrysler said it is actively recruiting on 35 college campuses and encouraging resumes in a bid to add the professionals by April of next year.

The new Chrysler hires are for the automaker’s global work force, but most will be located at the Auburn Hills headquarters and technical center.

At GM, the new hires will work to expand GM’s vehicle electrification expertise to lead in the development of hybrids to electric vehicles with extended-range capability like the Volt.

The auto bailout last year was very unpopular at the time, but it’s clear now that it’s a huge success following the GM IPO, the success of GM and Chrysler and the fact that the auto companies are hiring again. Thousands of jobs were saved, and now new jobs are being created.

Only 22 percent of students at for-profit colleges graduate

We’ve done a number of posts about for-profit college scams, so we aren’t too surprised by the terrible graduation rates reported in a new study.

For-profit colleges graduated an average of 22 percent of their students in 2008, according to a new report from Education Trust.

That average palls in comparison to bachelor’s-seeking graduation rates at public and private non-profit colleges and universities for the same year, which averaged 55 percent and 65 percent, respectively.

The report, titled “Supbrime Opportunity” (PDF) also reveals that for-profit colleges increased their enrollment by 236 percent from 1998 to 2009.

The median debt of for-profit college graduates — $31,190 — far outpaces that of private non-profit college graduates, which stands at $17,040, and is more than triple the median debt for those from public colleges, which is $7,960.

The government has helped to create this monster with easy access to student loans for these institutions, who now have the incentive to accept as many students as possible. Then they make money regardless of whether they provide value to their students.

Fortunately, the Obama administration has proposed new rules to make it more difficult for many of these for-profit colleges to waste taxpayer dollars.

How to transition to a new job

Hopefully, this is a topic that will become even more popular as the economy rebounds and more unemployed people start finding work. Naturally, this is important for anyone switching jobs or moving to a new career. The advice is simple – you need to figure out how to work with your new manager and adjust to what inevitably will be an environment that is different from your old work environment. Be flexible and helpful!

Stay Professional When Looking for a new job

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If you’re looking for a new job or career, one thing that you will most definitely want to have is a great set of business cards. Being able to hand these out to prospective employers is important. Not only do these have your contact information, but it also looks extremely professional to have business cards. Whether you give them out like candy at parties or you save them for only extremely potential employers, being able to show that you are a professional person can be extremely advantageous for most people.

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Hiring in the technology sector remains sluggish

The news isn’t very good on the job front, and even the tech sector is struggling to add jobs.

Government labor reports released this year, including the most recent one, present a tableau of shrinking opportunities in high-skill fields.

Job growth in fields like computer systems design and Internet publishing has been slow in the last year. Employment in areas like data processing and software publishing has actually fallen. Additionally, computer scientists, systems analysts and computer programmers all had unemployment rates of around 6 percent in the second quarter of this year.

While that might sound like a blessing compared with the rampant joblessness in manufacturing, it is still significantly higher than the unemployment rates in other white-collar professions.

The chief hurdles to more robust technology hiring appear to be increasing automation and the addition of highly skilled labor overseas. The result is a mismatch of skill levels here at home: not enough workers with the cutting-edge skills coveted by tech firms, and too many people with abilities that can be duplicated offshore at lower cost.

That’s a familiar situation to many out-of-work software engineers, whose skills start depreciating almost as soon as they are laid off, given the dynamism of the industry.

Technology firms are sitting on a mountain of cash, so hopefully this will be temporary. President Obama is now proposing huge tax breaks for investments in equipment, along with making the research tax credit permanent. If the GOP can put aside politics and pass these proposals that they have supported in the past, perhaps we can jump start this sector and other sectors.

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