23 states saw an increase in their jobless rate last month. 43 states lost jobs in September while only 7 states saw an increase. Because the unemployment rate does not count long term unemployed who have stopped looking for work, several states lost jobs but saw a drop in the unemployment figures anyway. Nevada [...]
Continue reading...Monday, October 5, 2009
Nestle Waters will lay off 32 workers at their Red Boiling Springs plant in Tennessee. The company is citing the down-and-out economy as the reason for the layoffs. The layoffs will affect all levels of employees. To compensate for the loss in workers, some employees who still have jobs will be assigned new responsibilities and work shifts. Those [...]
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...Friday, September 4, 2009
Unemployment for August rose to 9.7% after falling slightly in July to 9.4%, even as the job loss rate slowed. Hard as it may be to stomach, August’s 216,000 lost jobs is the best month we’ve seen since this time last year. The numbers for August are full of good news/bad news scenarios. The good [...]
Continue reading...Tuesday, March 3, 2009
New Jersey Governor Jon Corzine told radio host John Gambling that workers for the state will face layoffs if furloughs and other cost-reducing measures for the state are not accepted. State spending is projected to drop below $30 billion in fiscal 2010. The continuing recession has taken a toll on state revenues. “There are no easy answers [...]
Continue reading...Monday, March 2, 2009
Even though South Africa’s purchasing managers index fell to a record low in February, the country’s official jobless rate fell to 21.9 percent in the fourth quarter of 2008. That is down from 23.2 percent. The current number of unemployed individuals in South Africa is 3.873 million. A low employment index in the PMI suggests that [...]
Continue reading...Wednesday, February 25, 2009
“Mass layoff events,” described by the LA Times at cuts of 50 jobs or more, caused California’s job market to take a big hit in January. 54,153 Californians filed for initial unemployment-benefit claims last month due to mass layoffs. That is a 25 percent increase from December’s claims, said the U.S. Bureau of Labor Statistics on [...]
Continue reading...Tuesday, February 24, 2009
Microsoft is looking to help people brush up on their job skills during the recession. On Sunday, the software industry giant unveiled Elevate America, a program designed to give Americans the technology skills necessary to survive in the modern job market. The program will help up to 2 million people learn everything from sending emails and [...]
Continue reading...Tuesday, February 24, 2009
For the past few years, the Los Angeles area has seen a rise in popularity for frozen yogurt chains. Research from the Los Angeles Business Journal indicates that there are more than 250 individual “fro-yo” shops selling the tart dessert throughout Los Angeles County. But recently, the shops have seen a downturn in business. Local giants [...]
Continue reading...Monday, February 23, 2009
Even as the recession claims more and more jobs, and more and more people go on unemployment, veterinarians and those in the veterinary sciences find that their business is doing just fine, and possibly even growing. People in the United States are increasingly treating their pets just like any other member of the family. In 2006, [...]
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Wednesday, October 21, 2009
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