Tag Archives | work

Redundancy epidemic

IN the wake of the global economic downturn, many people I know are having to learn to cope with becoming redundant in their 40s, 50s or 60s. And it’s not an easy task.

Many of my friends are journalists who have taken payouts and left not only their job but their identity at a stage in life when energy is declining and optimism is not the nonstop flow it used to be.

Meanwhile, the ABC in the US reported: ‘‘Just as millions of American manufacturing jobs were lost in the 1980s and 90s, today white-collar American jobs are disappearing.’’ It laments that many jobs are being contracted out overseas — for example, American computer programmers can earn about $60,000 a year, while their Indian counterparts only make $6000. Continue Reading →


Depression at Work

Depression at work is becoming an epidemic around the world.

IT’s interesting that while people who haven’t got jobs or have been recently laid off tend to despair, actually having a job doesn’t ensure happiness.

A global study reported in The Wall Street Journal claims that almost a quarter of the global workforce is depressed. Apparently, 92 per cent of people surveyed linked the state of their mental health to job performance and only 12 per cent claimed to be optimistic on the work front. The respondents came from a variety of industries, but mainly in the financial and professional areas.

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