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What’s New in the World of Work

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Survey: CEO economic optimism hit new lows in Q1
Silicon Valley / San Jose Business Journal, May 29, 2008
CEO optimism in the U.S. economy plunged to a 16-year low in the first quarter, according to a PricewaterhouseCoopers Trendsetter Barometer survey released May 29. MORE

CFO study: Recession could be worst in 30 years
Silicon Valley / San Jose Business Journal, June 19, 2008
Nearly three-quarters of chief financial officers interviewed for a Duke University survey say the national economy wont rebound until 2009, with a majority saying a turnaround wont start for another 12 months. MORE

Massachusetts Maintains Lead as Nation’s Top State in Technology and Science, According to Milken Institute
Milken Institute, June 19, 2008
Massachusetts, which just passed a $1 billion life sciences bill to invest in high-tech infrastructure and research and development over the next 10 years, is in the best position of any state to achieve high-quality economic growth thanks to its vast array of technology and science assets, a new Milken Institute study shows. MORE

U.S. still tops world on science and tech
Reuters, June 12, 2008
The United States retains its global preeminence in science and technology, with a big boost from foreign students, scientists and engineers, a RAND Corporation report said. MORE

Amid economic slowdown, signs of new world order
Yahoo! News, June 2, 2008
The world economy is cooling this year thanks to a slowdown in the United States, but something new is playing out: This slowdown is serving to amplify a shift in financial power toward Asia and developing nations. MORE

Pay gap between men, women varies strikingly by occupation
Silicon Valley / San Jose Business Journal, June 12, 2008
“Equal pay for equal work.” That phrase has been federal law for nearly half a century, ever since enactment of the Equal Pay Act of 1963. Experts still disagree about the laws impact. Some contend that its goal of equality has become reality, while others insist that a large wage gap remains between male and female workers. MORE

Suit filed over rule on foreign students
Workforce Management, June 2, 2008
New regulations that extend the on-the-job training period for foreign students with science, technology, engineering or mathematics degrees from 12 month to 29 months are said to amount to an end run around the limits of the H-1B program and harm American workers. MORE

Flexible work gains attention of lawmakers
Workforce Management, June 11, 2008
The U.S. is behind the majority of developed nations when it comes to having statutes in place to allow for flexible work arrangements. Of the 21 “high income” countries examined in a recent study, the U.S. finished last. MORE

 

 

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