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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: job

job stories: 103 news summaries

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Dems Push New Aid Package as Job Market Swoons

Economists say any doubt we're in recession is gone

Apr 5, 08 9:25 AM CDT
(Newser) - Democrats are calling for another stimulus package to help American workers as unemployment soars, the New York Times reports. Almost 250,000 American jobs have been lost since the beginning of the year—including 80,000 in March—leading one policy expert to say it's time the government switched focus... More »

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recession • unemployment • US economy • Department of Labor • job market • economic stimulus package • job

US Sees Worst Decline
in Jobs Since 2003

Payrolls dropped by 63,000;
recession fears intensify

Mar 7, 08 7:58 AM CST
(Newser) - The US lost 63,000 jobs in February, the second straight month payrolls contracted and the worst drop since 2003, catching economists off guard and fanning fears of recession anew, Bloomberg reports. Economists hoped the economy would add 23,000 jobs after declining a modest 17,000 in January, when... More »

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Ben Bernanke • Federal Reserve • construction • recession • unemployment • factory • manufacturing • job market • job cuts • housing crisis • building • job

Siemens to Slash 4,000 Jobs

Troubled telecom sparks fear of union anger over cuts

Feb 25, 08 6:31 PM CST
(Newser) - Siemens is cutting nearly 4,000 jobs and moving 3,000 workers away from its troubled telecom equipment unit, sparking fears of union outcry in Germany, the Wall Street Journal reports. Once a $30 billion annual revenue giant, the business has been trailing competitors in cheap-labor countries like China and... More »

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China • Germany • labor unions • job cuts • Siemens • job

Silicon Valley Deletes Middle-Income Jobs

Jobs rise in region overall, partly due to international influx

Feb 19, 08 4:23 PM CST
(Newser) - Silicon Valley is bleeding middle-income jobs, the New York Times reports. Clerks, secretaries, service reps and others earning $30,000 to $80,000 a year fell from 52% to 46% of workers from 2002 to 2006, according to a new report. The trend threatens the region's upward-mobility track, one author... More »

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Silicon Valley • middle class • employment • US economy • tech industry • job

Firefighting Is US' Sexiest Job

Personal trainer, CEO and cowboy also turn-ons, site finds

Feb 14, 08 3:22 PM CST
(Newser) - Americans may ogle the celebrities gracing the covers of gossip mags, but firefighter remains the sexiest job title on the books, the Boston Globe reports. Personal trainer comes in a close second, according to Salary.com's Valentine's Day survey. It's the site's first such survey in three years, and though... More »

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nurses • CEO • sex • firefighters • reporter • doctor • flight attendants • lawyer • veterinarian • interior designers • event planners • job • teacher

As US Job Growth Stalls, an Era Ends

Employment stats point to sea change
in once-certain growth patterns

Feb 4, 08 10:47 AM CST
(Newser) - Workers who’ve lost a job are having a tougher time finding a new one as the economy contracts, marking an end to more than a decade and a half of rapid, sometimes phenomenal, US job growth, writes Business Week’s Peter Coy. The loss of 17,000 jobs in... More »

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unemployment • US economy • job

MARKETS

Stocks Climb on Microsoft News

Dismal labor report can't keep Dow down

Feb 1, 08 3:29 PM CST
(Newser) - Microsoft’s offer to buy Yahoo outweighed a dismal jobs report today as the Dow ended up 92.83 at 12,743.19 after a seesaw session. Hopes for a new M&A wave bumped up against fears of broad economic slowdown. “This is a trader’s market, because... More »

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Yahoo • Microsoft • Dow Jones • ExxonMobil • Nasdaq • S&P 500 • job

OPINION

Mitt Outplayed Mac in Michigan

Pundits rush in before polls even close

Jan 15, 08 5:39 PM CST
(Newser) - With Great Lakes State voting booths not quite closed—and polls tied—pundits are already writing post-mortems on the two-Republican race, and giving Mitt Romney the campaigning edge. The New Republic’s Jonathan Cohn and Henry Payne in the National Review agree that Mitt hit his stride, convincing Michiganders he’... More »

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Mitt Romney • John McCain • environmentalism • auto industry • Michigan primary • job

Unemployment Rises,
May Spur Rate Cut

Weak jobs data makes Fed action likely

Jan 4, 08 9:03 AM CST
(Newser) - The labor market took a hit in December, with the jobless rate hitting a two-year high and payroll increases falling well short of predictions. Nonfarm payrolls rose just 18,000, much less than both November’s 115,000 and the 50,000 prognosticators expected. The gloomy numbers increase the odds... More »

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Federal Reserve • unemployment • US economy • job

MARKETS

Gains Dashed on Jobs Angst

Weak December auto sales didn't help the market's fortunes

Jan 3, 08 3:34 PM CST
(Newser) - The market lost substantial early gains today to finish about even, with weak December auto sales and rising oil costs adding to anxiety over tomorrow’s jobs report from the Labor Department. The Dow closed up 12.8 points to 13,056.7, as GM stock declined 2.5% and... More »

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General Motors • Ford • Nasdaq • unemployment benefits • Dot Jones • S&P 500 • job

Consumers Open Wallets Wide

Spending index records biggest increase since July 2005

Dec 21, 07 11:14 AM CST
(Newser) - Consumer spending grew 1.1% in November, its biggest rise since July 2005. The better-than-predicted figure accompanied a revised 0.4% October gain, adjusted from 0.2%. Taken together, the numbers “postpone fears of a recession at least until next year,” said one economist. Jobs numbers and salaries... More »

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recession • consumer spending • Best Buy • job

10 Jobs That Just Don't Pay

Low pay, no benefits and no future are the main characteristics of these jobs

Dec 15, 07 3:00 PM CST
(Newser) - If being paid peanuts in a job with no benefits isn't how you picture yourself, avoid these occupations, tracked down by MarketWatch, at all costs:
  1. Hosts and hostesses, restaurants, lounges, and coffee shops
  2. Counter attendants, cafeterias, food concessions, and coffee shops
  3. Ushers, lobby attendants, and ticket takers
More »

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list • worst jobs • job

Stocks Edge Up on Mixed Day

Turmoil besets financial sector

Nov 2, 07 3:34 PM CDT
(Newser) - The major indexes saw small gains today despite turmoil in the financial sector and skepticism about a positive jobs report.  The Dow climbed 27.23 points to 13,595.10, the Nasdaq added 15.55 to close at 2,810.38, and the S&P 500 gained 1.21... More »

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Dow Jones • Morgan Stanley • Merrill Lynch • Nasdaq • financial sector • S&P 500 • job

(Newser) - Don't shoot yourself in the foot in your next job interview. A Fortune poll of hiring managers uncovered some anecdotes about the dumbest pitches they'd heard: The interviewee:
  1. "...told me to hire him because he was allergic to unemployment."
  2. "... said that we should hire him
... More »

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work • list • job search • job interviews • job

Housing Slump Dampens '08 Prospects

Economists cut growth forecast; still predict better rate than '07

Oct 10, 07 12:38 PM CDT
(Newser) - Economists cut projections for 2008 growth for a third consecutive month, Reuters reports, signaling the fallout from mortgage woes will be widespread and prolonged. A survey of 52 experts estimated the economy would expand 2.4% next year; they’d predicted 2.6% growth last month and 2.8% the... More »

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subprime mortgages • consumer spending • predictions • job

Jobs Stats Propel Markets

Oct 5, 07 3:55 PM CDT
(Newser) - The Dow and the S&P each set intraday records after today’s unexpectedly good jobs news, and the Nasdaq hit a 7-year high. The Dow closed at 14,066.01, up 91.70 points, and the S&P climbed 14.75 to 1,557.59 after indications that a... More »

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Google • Dow Jones • BlackBerry • recession • Nasdaq • Research in Motion • tech sector • S&P 500 • job

Market Rises
on Strong
Jobs Report

September stats
strong, August losses revised to gains

Oct 5, 07 10:08 AM CDT
(Newser) - Stocks surged this morning after a highly anticipated jobs report came back reassuringly strong, with 110,000 US workers gaining jobs in September. At the same time, the upsetting August jobs loss—which fueled rampant recession fears—was revised to a gain of 89,000. Growth exceeded expectations among economists... More »

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Dow Jones • Alcoa • General Electric • Nasdaq • Department of Labor • school holidays • job

Jobless Claims Rise, but Economists See Silver Lining

Figures lower than expected as labor market deals with volatility

Sep 13, 07 1:45 PM CDT
(Newser) - First-time applications for jobless claims rose last week, but economists are encouraged that the figures were less than expected, Bloomberg reports today. Claims grew by 4,000 to 319,000—still well short of the 325,000 applications expected. The numbers suggest that the labor market isn’t collapsing, despite... More »

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unemployment • consumer spending • US economy • credit market • Department of Labor • jobless claims • housing crisis • job

Midwest Jobs Take a Beating

Housing slump and
auto woes hit the region hard

Sep 10, 07 9:35 AM CDT
(Newser) - Jobs in the Midwest have taken a one-two punch from the national housing slump and the flagging Detroit auto industry, the Wall Street Journal reports. Factories that make the materials used to build new homes in high-flying markets from California to Florida are starting to downsize, following huge layoffs by... More »

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Midwest • housing market • Detroit • America • auto industry • job

Job Losses Don't Add Up to Recession... Yet

Analysts say 4-year-low might be caused by teachers on vacation

Sep 8, 07 5:00 PM CDT
(Newser) - Eye-popping job numbers rippled through Wall Street yesterday, but analysts pooh-pooh recession fears as premature. “I think it is important we take a deep breath before screaming ‘A recession is now around the corner!’” one expert says. Four thousand lost jobs may be the worst depletion... More »

MORE ABOUT:
Wall Street • recession • unemployment • US economy • job

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