Student loan default rates jump

The number of borrowers defaulting on federal student loans has jumped sharply, the latest indication that rising college tuition costs, low graduation rates and poor job prospects are getting more and more students over ...

Consumer confidence plunges in December

(Phys.org)—Confidence plunged in December as consumers confronted the rising likelihood that political gridlock would push the country over the fiscal cliff.

Faced with job loss? Perception is everything

(PhysOrg.com) -- When faced with job loss, people who consider themselves poor may limit employment prospects by believing they have a smaller social network than they actually do, says a University of Michigan business professor.

Employees' interests predict how they will perform on the job

(Phys.org) -- When evaluating job applicants, employers want to be sure that they choose the right person for the job. Many employers, from consulting firms to federal agencies, will ask prospective employees to complete ...

When job insecurity leads to sabotage

Fear over job security leads to lower productivity and disengagement at work. When people are nervous and upset, they check out.

Chemistry job seekers face tough outlook during pandemic

Even though it's been over a decade, the 2008 recession and its effects still loom over the chemistry enterprise. And now with the COVID-19 pandemic shutting down labs and universities across the world, chemistry students ...

Altruism can make jobseekers afraid to negotiate salary

Job seekers looking to land a role with an altruistic organization may feel too guilty to ask for higher pay, according to a new study from the McCombs School of Business at The University of Texas at Austin.

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