Jennifer.Schramm

Women start their careers with more ambition than men do, but they lose their confidence within their first years in the workplace. That’s the conclusion of a Bain & Co. study that compared employees with minimal work experience with more tenured workers. The study posed two simple questions:

        --Do you aspire to top management within a large company?

Youth unemployment and skills shortages are driving some business leaders to get more involved in the education of the future workforce. Often, they focus on the need to prepare young people for jobs in industries and professions that are growing the fastest.

Very high levels of youth unemployment have been a key characteristic of the post-recession, low-growth global economic environment. The latest findings from the Organisation for Economic Co-operation and Development (OECD) reveal just how devastating the recession was worldwide.

The Society for Human Resource Management’s (SHRM) Leading Indicators of National Employment (LINE) Report expects that job growth will be limited in November, as job creation slows and job cuts rise in both the manufacturing and service sectors.

For the third month in a row, the Society for Human Resource Management’s (SHRM) September Leading Indicators of National Employment (LINE) Report predicts a rise in layoffs and decline in hiring.

While 44 percent of manufacturers plan to hire in September, roughly 16 percent report they are cutting jobs.

Data from the U.S. Bureau of Labor Statistics show that the proportion of people younger than age 24 in the U.S. labor market is lower than at any other time since participation rates were first tracked more than 60 years ago. At the same time, the data show that workers age 50 and older are being employed longer—many working well into their 70s—than at any other time during those 60 years.