Daily Dash - June, 10, 2007

June 10, 2008

The Latest Business Headlines from WWJ Newsradio 950

Hiring Outlook Here Modest | Michigan resort areas plan to add workers in the third quarter, but expectations are lower in the Detroit region, according to Manpower. | Story

Strike Hits Car Hauler | About 1,250 Teamsters at Performance Transportation Services Inc. walked off the job Monday, forcing automakers to find other carriers. | Story

Ford Behind F-150 | A top executive says the pickup won't sell like it has in the past, but the automaker won't walk away from what has for decades been a top-seller. | Story

United Way Cuts 26 Groups | The nonprofits will no longer receive grants. Organizations addressing health issues were among the hardest hit, The Detroit News reports. | Story

Stocks Close Mostly Higher | The market rebounded from a sell-off last week, as a steep drop in crude oil prices and upbeat housing data provided some relief to investors. | Story

This Week in 'Your Career'

Computing Source Finds Success Turning Lost Data Into Legal Evidence

Five Industries That Could Provide a Recession-Proof Career Path

Are Nerds More Successful Than Jocks?

At-Work Deaths Higher Among Hispanics

Today's Worldwide Automotive Report podcast.

COMPUTING SOURCE FINDS SUCCESS TURNING LOST DATA INTO LEGAL EVIDENCE

Mark St. Peter, co-owner of Southfield-based Computing Source, a forensic information technology services provider, says he was still in high school when he got his first taste of the potential of the IT business.

In the mid 1980s, St. Peter (pictured), created software for insurance agencies. When his first client asked him how much the software would cost, St. Peter asked him to pay whatever seemed fair. The client handed him a check for $2,500.

“When I looked at the check I just froze. I was hoping for $500 so I could go on spring break for free,” St. Peter said.

Before even entering college, St. Peter said, he was pulling in more money than some full-time professionals. Today, he's still making his living in the IT business – these days by helping investigators find evidence people thought was deleted from their computers.

What began as a general IT services firm has evolved into a business that specializes in assistance with commercial litigation, family law and providing law firms with testimony critical to court cases. Computing Source’s services include computer forensics, electronic discovery and expert testimony in legal proceedings. More...

Feldman Report: Many Foreign Workers are Bypassing the U.S.

Skilled foreign workers are increasingly bypassing the U.S. for greener pastures in Canada, Australia, the U.K. and other countries, WWJ Newsradio 950 and Fox 2 News reporter Murray Feldman. That's creating some shortages of engineers, IT professionals, doctors and nurses. The weak dollar is part of the reason. Tighter visa requirements and attractive immigration polices in other countries also are luring the foreign workers away from the U.S.

Five Industries That Could Provide a Recession-Proof Career Path

Job security may not be the first thing you think of when you're weighing your next career move but it's certainly a nice perk, especially in a job market like we have today. The good news is that recession-proof careers do exist. Kiplinger's Magazine's Erin Burt suggests five industries that provide exceptional job security. More...

MONEY, JOB SECURITY WORRIES CAUSING STRESS: What’s stressing you out? Chances are, it has something to do with money. According to a survey by the American Psychological Association (APA), 66 percent of Americans identify the economy as a significant source of stress in their lives. Three-quarters are stressed by money and 56 percent report that housing costs are causing them stress. In addition, 48 percent of Americans surveyed said that job stability is a significant cause of stress. More...

ARE NERDS MORE SUCCESSFUL THAN JOCKS? As high school graduations approach, CareerBuilder.com asked over 6,000 full-time workers age 30 and older to categorize their high-school personas – and then compared those personas in terms of current job levels, salaries, industries and job satisfaction. Among the findings was a positive correlation between service in student government and earning a six-figure salary later on. More...

JOB INTERVIEWS BY COMMITTEE BECOME POPULAR: Selection committees are becoming a popular way to screen candidates as the job market becomes more competitive, according to Wall Street Journal columnist Joann Lublin. "Employers, who now have the luxury of being picky with candidates," she writes, "see selection committees as an efficient way to measure applicants' mettle under fire." To read the entire column, click here.

AT-WORK DEATHS HIGHER AMONG HISPANICS: Hispanic workers die at higher rates than other laborers, with 1 in 3 of these deaths occurring in the construction industry, a government study reported last week. Hispanics tend to hold more high-risk jobs than those in other racial groups, but language and literacy barriers and poor training and supervision may also be factors, researchers said. The leading causes of death in recent years have been falls and highway-related accidents. More...

WORLDWIDE AUTOMOTIVE REPORT PODCAST: WWJ Newsradio 950's Jeff Gilbert talks one-on-one with Chrysler's Vice President of Marketing, Deborah Wahl-Meyer.