Trump’s Corporate Tax Holiday Proposal Will Hurt Job Creation

Posted in BioBusiness, BioJobBuzz

The notion that corporate tax holidays– congressional orders that allow corporations like Apple, Microsoft, Pfizer and others to bring overseas profits back to the US without penalty–create jobs is misleading and, based on previous such tax holidays mostly untrue.

According to an article in today’s NY Times Business section (a reliable source of real news), corporate tax holidays typically result in mergers and acquisition that typically result in job cuts.

…the last time Congress initiated a tax holiday, in 2004. The top 15 repatriating companies brought home $150 billion but reduced their work force by 20,931 jobs, according to a 2011 study commissioned by the Senate Permanent Subcommittee on Investigations.

In the coming months, Trump and his minions will be pushing for a new corporate tax holiday so that new jobs can be created. While this is certains to send shivers down the spines of most Trump supports, any jobs that will be created or not lost will not be the ones that midwestern small town employees or coal mines will benefit from. For example, the  corporations with the largest amounts of overseas monies are Apple and Microsoft, two technology companies that are unlikely to create new jobs for coal miners, service employees or blue collar workers.

While many Trump supporters believe that Barack Obama and the Democrats were responsible for manufacturing job loss in the US, the real reasons for their loss was mechanization/robotization and globalization. The lost manufacturing jobs are never coming back–despite Trump’s assertions that they are—and the only way unemployed factory workers will find new work is through retraining or moving to urban centers where jobs for unskilled workers appear to be on the rise.  Corporate tax holidays, income tax cuts and reduction in social programs will not lead to new job creation but to job loss.

Don’t let Trump destroy the economic recovery that President Obama brought to this nation.

Until next time…

Good Luck and Good Job Hunting

Preparing for a Job Interview? Yeah,There's An App (s) For That!

Posted in BioJobBuzz

It had to happen sooner or later and it did. There are now apps that jobseekers can download to their Apple and Android smartphones to prepare for job interviews. Gadget-savvy, Bob Tedeschi wrote a review of three of these apps in today’s NY Times.

The most popular jobseeker iPhone/iPad app was released last month by none other than Monster.com and is called “The Monster.com Interviews” app (go figure). The app is free and most useful for those jobseekers lucky enough to have been invited to participate in a face-to-face job interview. There are features in the app entitled Pre-Interview, Tips and Tricks and Post Interview. While I have not evaluated the app myself its reception by reviewers has been decidedly lukewarm. Monster.com says it is working on a similar app for Android phones but the company did not offer a timeline for the product.

Another app, which according to Tedeschi may be a better choice, is Interview Questions and Answers by SwipeQ ($2, Apple and Android). Unlike the Monster.com app, this one offers 150 common interview questions with sample answers and strategies to divine responses to difficult queries. Tedeschi suggested that the sample answers may be a bit esoteric at times and sometimes inexplicably crafted for those in the financial services industry (gee I wonder why). In any event, this one may be useful for inexperienced interviewees who need some help coming with answers to questions like “Tell me about your weaknesses” or “Describe how you overcame a particularly adverse situation.”

Finally, there is another interview-focused, free app for Android phones called Job Interview Q&A developed by Stanislav Bardyuk. This is an ad-driven app—that Tedeschi found overly intrusive—and offers questions and answers to common interview questions. Unfortunately, the quality and grammar of the answers to the interview questions that it offers were deemed lacking.

Of the three apps, the Monster.com app gets the highest marks. This is not surprising since Monster.com is the largest and most visited job board on the Internet. One of the more interesting features of the Monster.com iPhone app is the ability to make a video of a practice interview and watch yourself answer the questions offered by the app. While this may sound silly and a waste of time to some, it is important to remember that it is generally the face-to-face interview that determines whether or not a job offer will be forthcoming. And, there is a reason for the old adage:  “Practice makes perfect.”

For those of you who may be interested in other jobseeker and resume apps, check out a post on the Job Omelette blog entitled “10 Must-Have iPhone Apps”

Until next time…

Good Luck and Good Job Hunting!!!!!!!

 

Wondering Where the Next Swine Flu Outbreaks May Be? The iPhone Has An App For That!

Posted in Social Media

As an iPhone user, I am constantly amazed at the applications that are developed for it. I recently downloaded a flashlight app that converts my iPhone into a flash light in case of a power outage or finding myself in the dark like I did two summers ago at Moosehead Lake in Maine. Just when I thought iphone apps couldn’t get cooler, I learned about a new app called “Outbreaks By Me.” It was developed by researchers at Children’s Hospital Boston in collaboration with the MIT Media Lab, enables users to track and report outbreaks of infectious diseases, such as H1N1 (swine flu), on the ground in real time. The application can be downloaded from iTunes.

According to a press release “the application builds upon the mission and proven capability of HealthMap, an online resource that collects, filters, maps and disseminates information about emerging infectious diseases, and provides a new, contextualized view of a user’s specific location – pinpointing outbreaks that have been reported in the vicinity of the user and offering the opportunity to search for additional outbreak information by location or disease.” An additional feature of Outbreaks Near Me is the ability to set alerts that will notify users via text or by e-mail when new outbreaks are reported in their proximity, or if users enter a new area of activity. It also offers an option for users to submit an outbreak report which will allow people in cities and countries around the world to interact with the HealthMap team and participate in the public health surveillance process.

What will iPhone app developers think of next— an app for swine flu vaccination?   Now that would be way cool!

Until next time….

Good Luck and Good Swine Flu Hunting!!!!!!!