Having lost 9,100 jobs across the state in the month of January, New Jersey’s 9.9% unemployment rate continues to exceed the national average. Since the beginning of the economic recession in December of 2007, 5.6% of the states total workforce now finds themselves jobless. The range of losses in the private sector are distributed across multiple industries, [...]
Continue reading...Friday, March 12, 2010
Turbotec Products announced it’s moving the majority of its manufacturing to Hickory, N.C. and 73 new jobs will be created. The Connecticut-based company produces heat transfer solutions for heating, air conditioning and refrigeration applications. According to the Charlotte Business Journal, the jobs will pay an average salary of $37,403, which is above the county average of [...]
Continue reading...Monday, December 14, 2009
ArcelorMittal, the worlds largest steelmaker, is looking to cut 3.5% of its work force over the next year. The company has not yet provided any hard numbers, but that would come out to roughly 10,000 employees, most of whom would likely be in the US or in Europe, where steel demand has dropped off [...]
Continue reading...Tuesday, November 10, 2009
A new survey from the Labor Department says that job openings were up in September. Job openings were also up in August, making this the first two month increase since early 2007. This is good news for a struggling job market and many analysts are pointing to this as evidence that jobs are [...]
Continue reading...Tuesday, October 6, 2009
Jetline, a company that makes custom promotional items, is opening a new plant in Gaffney, South Carolina. The plant, which is expected to come on line at the end of this month, will bring in 247 jobs over the next five years. Jetline, founded in 1997, is based in Mt Vernon, New York. It [...]
Continue reading...Tuesday, October 6, 2009
Papermaker AbitibiBowater has announced 90 layoffs at a plant in Coosa Pines, Alabama. Workers were informed of the decision last week, per state records. The press has been unable to reach officials at AbitibiBowater for a statement. The Coosa Pines plant manufactures newsprint. In 2009 alone, Alabama employers have eliminated more than 14,000 jobs via payroll reductions or [...]
Continue reading...Monday, October 5, 2009
Metavation, a producer of parts for the automotive industry, has announced that 122 workers will lose their jobs due to the closure of a plant in Grand Traverse County, Michigan. Employees were notified on Friday about the closure. Metavation will be consolidating their facilities. Most of the lines will be transplanted to a plant in Mt. [...]
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
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, September 26, 2009
In the month of August, Louisiana saw another 1,300 jobs lost, according to the Louisiana Workforce Commission. The state agency reported on Friday that since August 2008, around 11,500 jobs have been lost in trade, transportation, and utilities. Manufacturing job loss was not far behind, with an estimated 10,800 jobs lost. Six out of the eleven [...]
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Wednesday, March 17, 2010
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