Weekly Update

Jan 31, 2012 by

Volume: 8 Issue: #44

Thursday January 26th 2012

3 Key Psychological Traits
of Successful Young Workers  

A study that began tracking ninth graders in 1988 has found
that those who make the successful transition to working adult share three common traits: educational aspirations, career goal
certainty, and job search activities.

These individuals were more likely to have jobs and earn higher wages than those people
who did not possess these traits. The results of the study are summarized
in “Weathering the Great Recession: Psychological and Behavioral Trajectories in the Transition from School to Work,” a
paper that was presented at the American Sociological
Association’s annual meeting in August.

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Thank you for reading!

Greetings!In the week ending January 21, the advance figure for seasonally adjusted initial claims was 377,000, an increase of 21,000 from the previous week’s revised figure of 356,000. The 4-week moving average was 377,500, a decrease of 2,500 from the previous week’s revised average of 380,000.

Did you know…

Did you know that Career Opportunities offers a series of Industry specific Information Sessions that are Free to the public? On February 1st, they will host one on the Banking Industry and on April 5th, one on the Healthcare Industry.

You May Be Able to Save Money Hiring Veterans!

  On November 21, 2011, President Obama signed into law the Vow to Hire Heroes Act of 2011. Section 261 of the Act, the “Returning Heroes and Wounded Warriors Work Opportunity Tax Credits,”

The Tax Credit for Employers extends the current target group for Veterans with a service-connected disability unemployed for at least 6 months with the qualified wages cap increased to $24,000 and the maximum tax credit increased to $9,600.

Establishes a new target group for unemployed Veterans, similar to the Recovery Act of 2009 unemployed Veteran group that expired on December 31, 2010:

Veterans unemployed for at least 4 weeks with a qualified wages cap of $6,000 and maximum tax credit of $2,400.

Veterans unemployed for at least 6 months with qualified wages cap of $14,000 and maximum tax credit of $5,600.

Extends the current target group for Veterans with a service-connected disability with the same qualified wages cap ($12,000) and maximum tax credit ($4,800).

Charlie Marceline and Norrine Czekanski are your primary contacts for employer services and Susan Pollard is our Local Veterans Employment Representative. Contact them for more information on these Tax Credits.

Charlie @ 508 862-6129, Norrine @ 508 862-6138 and Susan @ 508 862-6127


Upcoming WIB Meetings

YC Executive Committee Meeting: Tuesday January 31st 9:00am WIB Office

WIB Executive Committee Meeting: Thursday February 9th 8:00am WIB Office

Youth Council Meeting: Tuesday February 14th 11:30am Career Opportunities

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