The state of Texas has created an incentives program to push employers to hire unemployed Texans. Any business in Texas that hires such an employee will be eligible for a $2,000 incentive payment. The Texas Workforce Commission and Lt. Gov. David Dewhurst worked together to create the new program, called the “Texas Back to Work” [...]
Continue reading...Monday, February 8, 2010
The Conference Board Employment Trends index rose for the fifth consecutive month in January. The index moved up a percentage point to 93.2 from December’s 92.3, which indicates job growth could be on the way, according to an associate director for Conference Board. “The continued rise in the ETI makes us more optimistic that job growth [...]
Continue reading...Friday, January 29, 2010
Today before an audience of workers at a Baltimore machine plant President Obama proposed $33 billion in tax credits to encourage small businesses to hire additional employees. The proposal calls for a $5,000 tax credit for every net new worker hired in 2010. The amount would be capped at $500,000 per firm to ensure that [...]
Continue reading...Monday, January 25, 2010
In a quarterly survey of the nation’s businesses the National Association for Business Economics reported that the percentage of businesses expecting to hire in the next six months exceeded projected job cuts by 6 points. Expectations for capital spending improved for a fifth straight quarter. 63% of respondent’s states that concerns over health care and environmental [...]
Continue reading...Thursday, January 21, 2010
Department store chain Boscov’s is now hiring 240 additional employees in 39 stores across Pennsylvania, New York, New Jersey, Maryland and Delaware. There is no word as to whether these positions are full or part time. Boscov’s was established in 1911 and is one of the few remaining family owned department stores in the United [...]
Continue reading...Tuesday, October 6, 2009
The state of Vermont is backtracking on its earlier prediction that they would need to make 200 layoffs. They are now saying that far less layoffs are needed to compensate for the $7.4 million savings in mandated labor savings. According to Deputy Secretary Tom Pelham, officials will announce the actual number later this week after the [...]
Continue reading...Monday, October 5, 2009
General Dynamics/Electric Boat (abbreviated as Electric Boat), the primary builder of submarines for the United States Navy, has announced that it will be cutting 96 carpenter positions before the end of 2009. The company spokesman Robert Hamilton is citing a change in process as the reason for the layoffs. A hull coating applied to submarines [...]
Continue reading...Sunday, October 4, 2009
Blue Cross and Blue Shield of Minnesota laid off 100 workers during the past week. Based in Eagan, the health insurance company claimed flat customer enrollment levels, resulting from the recession, were to blame. Layoffs affected mostly the information technology and operations business unites. Of the company’s 4,000 employees, around 300 have been laid off this [...]
Continue reading...Sunday, October 4, 2009
The Society for Human Resource Management has released a report suggesting that an increase in hiring during October will put hires ahead of layoffs in the manufacturing and services industries. However, year-over-year numbers still convey the grim fact that hiring is down 2.5 percent in the manufacturing sector and 6.4 percent in the service sector, [...]
Continue reading...Saturday, October 3, 2009
Layoff notices have been sent to 85 employees at the Wisconsin based Winnebago County Mental Health Institute. According to the institute, they are expecting a decrease in patients admitted throughout the next year, and in turn, will need less staff. Earlier this year, the state decided that counties would be responsible for paying for mental health [...]
Continue reading...
Wednesday, February 10, 2010
0 Comments