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GM’s “job bank” will come to an end.

Through the “jobs bank” program created by the United Auto Workers, union members receive pay even when they are laid off (with no real cut off date).
Each automaker’s jobs bank varies, but at GM, laid-off workers could get 85 percent of their base pay, plus …

Obama freezes salaries of White House staff

Obama’s first full day in office has already seen some real work being done. About 100 employees in the White House make over $100,000 a year, and for awhile it will stay that way. The jobs affected by the salary freeze are the high profile …

SEC is looking into Steve Job’s health disclosure

As I wrote in an earlier post, Apple’s stock price seems to be tied to the health of its CEO Steve Jobs. Now the SEC is looking into his health disclosure to see if it has misled investors.
Last week, Jobs announced that he would be …

Full text of President Obama’s inaugural speech

Just after noon eastern time, Barack Obama became the 44th President of the United States. He gave an inaugural speech that told Americans to be hopeful but hard times are still ahead.
Here is the text of the speech:
“My fellow citizens:
I stand here today humbled by …

Is this ad a bit too insensitive?

Monster, the online job hunting website, is launching a string of new ads about people who are in the wrong job field.
One of the ads features a man clinging to steel beams. It looks like if he lets go, he will plummet to his death, …