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October 12, 2008 10:45:58 AM CDT

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Stories related to: employment

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  • September 2008

    • Unemployment Rate Hits 5-Year High of 6.1%

      Bloomberg  |  Sep 5, 08 8:43 AM CDT

      Unemployment Rate Hits 5-Year High of 6.1%

      (Newser) - Jobless figures came in worse than expected today, sending the unemployment rate to a nearly five-year high of 6.1%, Bloomberg reports. The US lost 84,000 jobs in August, the eighth straight month of declines, raising the specter of a worsening economic slowdown. The jump in unemployment, which was expected to remain unchanged, coupled with tight credit and falling consumer spending, could bring economic expansion to a standstill. More »

      Tags

      recession  • unemployment  • consumer spending  • employment  • Labor Department  • jobs

  • August 2008

    • Iraq Private Sector Stalls, Public Hiring Fills Gap

      New York Times  |  Aug 11, 08 11:05 AM CDT

      Iraq Private Sector Stalls, Public Hiring Fills Gap

      (Newser) - With private business slow to take root in post-invasion Iraq, the government is picking up the slack by hiring a vast army of employees, the New York Times reports, creating an economy far different from what the US had foreseen. Government jobs will account for about 35% of employment this year, a source of concern for analysts who argue that a flourishing free market is what the country needs. More »

      Tags

      Iraq  • Iraq war  • inflation  • employment  • public sector  • private sector

  • July 2008

    • Dow Enters Bear Market

      Wall Street Journal  |  Jul 2, 08 3:33 PM CDT

      Dow Enters Bear Market

      (Newser) - Skidding stocks sent the Dow and Nasdaq into bear territory as oil hit a record near $144 a barrel, the Wall Street Journal reports. Besides oil, bad news from GM and weak jobs data darkened the street’s mood. The Dow fell 166.75 points to 11,215.51, down 20.8% from its record high in October. A drop of 20% is the traditional threshold for a bear market. The Nasdaq fell 53.51 points to 2,251.46, and the S&P 500 fell 23.38 points to 1,261.53. More »

      Tags

      Dow Jones  • S&P 500  • Nasdaq  • oil price  • General Motors  • crude oil  • employment  • bear market

  • June 2008

    • Silicon Valley, Big Apple, DC Remain Top US 'Cybercities'

      MarketWatch  |  Jun 24, 08 3:38 PM CDT

      Silicon Valley, Big Apple, DC Remain Top US 'Cybercities'

      (Newser) - Silicon Valley, New York, and Washington, DC, still have the most tech workers among US metro areas, a new report shows. New York has the most techies, but when San Francisco and the greater Bay Area are combined with Silicon Valley, it tops the list, MarketWatch notes. The Valley is also tops in concentration of workers and average salary—$144,800. More »

      Tags

      New York  • technology  • Silicon Valley  • employment  • Durham  • Bay Area  • Washington, DC  • Boulder

  • May 2008

    • Teens Struggle in Tight Job Market

      New York Times  |  May 25, 08 10:32 AM CDT

      Teens Struggle in Tight Job Market

      (Newser) - The economic downturn has taken a toll on teenagers searching for a summer job, the New York Times reports. With the teen job market at its smallest in decades, less than a third of teens are expected to be employed this summer, says a Northeastern University study—a far cry from the 45% working in 2000. More »

      Tags

      economy  • employment  • teenager  • job market  • job search

  • March 2008
  • February 2008

    • Silicon Valley Deletes Middle-Income Jobs

      New York Times  |  Feb 19, 08 4:23 PM CST

      Silicon Valley Deletes Middle-Income Jobs

      (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 of the 2008 Index of Silicon Valley report said: “If you lose the middle, it’s harder to support the top." More »

      Tags

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

    • Unmarried, Frustrated, and Turning to Islam

      New York Times  |  Feb 17, 08 6:10 PM CST

      Unmarried, Frustrated, and Turning to Islam

      (Newser) - Facing a feeble job market, many Middle Eastern youths can't afford pricey marriages—and end up single, frustrated, and devoted to Islam, the New York Times reports. Several countries are trying to stem the religious tide by funding weddings, but thousands are left unmarried and isolated. “People don’t help you,” a single Egyptian woman said. “It is only God that helps you.” More »

      Tags

      Islam  • education  • Egypt  • employment  • job market  • Islamic Sharia law  • conservative Islam

  • October 2007
  • September 2007
  • August 2007

    • Temp Workers Get the Ax

      Wall Street Journal  |  Aug 27, 07 5:18 AM CDT

      Temp Workers Get the Ax

      (Newser) - Temporary employment in the US has fallen in each of the last six months and in July was 2% down from the start of the year, the Wall Street Journal reports. The rate of temporary employment is often used as a bellwether for the overall employment picture because temporary workers are usually let go before full-time employees. More »

      Tags

      work  • employment

    • Google Wants You To Map Businesses

      Infocommerce  |  Aug 17, 07 3:56 PM CDT

      Google Wants You To Map Businesses

      (Newser) - Google is hiring—and you don't even need to know html. The search giant wants locals to visit pizza joints, ice cream parlors, drugstores, and other businesses as part of a Herculean effort to build a commerce database. An army of freelancers will collect the data, snap a digital photo, and then send it to Google for $10 a pop, reports InfoCommerce. More »

      Tags

      Google  • employment  • workers  • data  • database  • freelance

    • Smoking Clouds Workplace Productivity

      CNN  |  Aug 16, 07 7:16 AM CDT

      Smoking Clouds Workplace Productivity

      (Newser) - Employees who smoke also call in sick more frequently and demonstrate poorer productivity, to the tune of $92 billion in annual losses, a Swedish researcher says. All that huddling by the loading dock translates to startling hard numbers, CareerBuilder.com reports: In a study of 14,000 workers, smokers took, on average, 11 more sick days than non-smokers. More »

      Tags

      health  • smoking  • cigarettes  • tobacco  •