Set for life? Job market shakes confidence in workers
Unemployed Americans face rising joblessness despite solid credentials. Labor Department data for February show 12.5 million unemployed, with managers and professionals up sharply. White-collar workers fear the loss of security as layoffs spread across education, health care, government, and manufacturing.
MENTIONED IN THIS ARTICLE
Labor Department
Louise
Walker
Diane Swank
Mesirow Financial
Chicago
Managers Delivering Layoff News Strain Hearts Worldwide
Sunrise based Perfumania laid off 95 employees as it shifts HQ to New York. Executives like Wendy Mahle battle stress, while Hoist Liftruck owner Marty Flaska recalls tears giving pink slips after cuts from 330 to 79. Reebok HR chief Bill Holmes describes months of preparation and the challenge of compassionate clarity.
MENTIONED IN THIS ARTICLE
Sunrise
Fla
Wendy Mahle
Sunrise-based
Perfumania
New York
Long Island
Marty Flaska
Bedford Park
Ill
Flaska
Bill Holmes
Reebok
Canton
Mass
Holmes
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