Faced with a $200-million budget deficit, officials in Los Angeles are considering eliminating 1,000 jobs this fiscal year. The news comes on the heels of a report that said unemployment in the Golden state continues to rise. The latest figures put California’s unemployment at 12.4 percent, which is the fifth highest in the nation. The potential trimming [...]
Continue reading...Thursday, January 21, 2010
Today the Department of Labor announced that $190 million in grants for green jobs training will be distributed to organizations in 34 states. These grants are a part of the American Recovery and Reinvestment Act (ARRA). The purpose of these funds is to train workers for jobs in energy efficiency and the renewable energy sector. [...]
Continue reading...Wednesday, January 20, 2010
This one is definitely a case of good news/bad news. The good news is that Michigan’s unemployment rate fell for the third straight month in Michigan. The bad news is that the .1% drop in unemployment brings it down to 14.6% from November’s 14.7%, and Michigan continues to have the highest unemployment rate [...]
Continue reading...Wednesday, January 20, 2010
The unemployment rate for the state of Washington rose a half a percentage point in December to 9.5 percent. Employment shrank by 3,800 jobs in December, which was a jump from the 1,100 jobs that were lost in November when the seasonally adjusted unemployment rate was 9 percent. The latest results are from a report issued [...]
Continue reading...Wednesday, January 20, 2010
Are you unemployed in NJ? You are not the only one. Unemployment rates climbed to a 33 year high of 10.1% in December. This is the first time since October 2006 that the unemployment rate in NJ has been higher than the national average. Total employment fell to 3,910,400 in December, with heavy job [...]
Continue reading...Thursday, January 14, 2010
While week-over-week jobless claims were higher than expected for the week ending Jan. 9, the four-week moving average of initial claims fell to 440,750, the lowest level since August 2008. The latest unemployment figures were released by the Department of Labor Thursday. The 444,000 initial claims filed this past week was an increase of 11,000 from [...]
Continue reading...Friday, December 4, 2009
The latest numbers show that that employers cut 11,000 jobs in November, less than expected by most analysts. The jobless rate dropped from 10.2% to 10% and perhaps most siginificanly, the average work week increased from 33 hours to 33.2 hours. Because employers typically extend the number of hours before hiring new employees, [...]
Continue reading...Thursday, November 19, 2009
For the first time in almost two and a half years, Massachusetts saw a drop in unemployment last month. The states unemployment rate fell .4% to 8.9% from September’s 9.3%, the highest level since 1975. Although most of the growth came in professional services, the best news came from the construction industry which [...]
Continue reading...Wednesday, October 28, 2009
US Airways, as part of an overall cost savings program that will eliminate 1000 jobs, has announced that it will reduce the number of flights into Las Vegas by 44 percent. The carrier will also end non-stop service between Las Vegas and ten other cities. With 6500 new hotel rooms set to open [...]
Continue reading...Wednesday, October 21, 2009
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 [...]
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Friday, January 22, 2010
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