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FRIDAY, NOVEMBER 20, 2009
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NEWS ABOUT: employment

employment stories: 73 news summaries

1 - 20 of 73 Stories | 1 2 3 4 Next >>

ROBERT REICH

Hey Blue Dogs, We Need a Second Stimulus

Rising unemployment makes it essential

(Newser) - The ever-worsening employment situation demands a second stimulus, writes former Labor Secretary Robert Reich . Yes, the first stimulus is only half-spent, but the remaining programs won’t affect mounting job losses. Blue Dog Democrats, worried about the deficit and 2010 elections, will be hard-pressed to support a second round, but... More »

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Barack Obama employment deficit unemployment Robert Reich Blue Dog Democrats

 Obama Mulls 
 Tax Cuts, 
 Spending to 
 Goose Economy 

Grim jobs outlook spurs talks on new stimulus measures

(Newser) - The Obama administration is examining new ways to boost the economy amid troubling unemployment statistics. The White House and Democratic leaders in Congress are considering strategies that include new transportation spending and an extension of tax credits for first-time homebuyers and small businesses struggling with operating losses. A proposal to... More »

ANALYSIS

 Many Jobs Are Gone Forever 

Employment picture likely to remain grim for years, and predicting winning industries is a challenge

(Newser) - The job market is likely to be grim for years to come—economists expect that even if job creation returned to the brisk pace of the ‘90s, unemployment wouldn’t return to 5% until 2017. And for many of the unemployed, the numbers belie the real problem: The positions... More »

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health care employment recession unemployment job job creation green jobs recession depression

MARKETS
(Newser) - Stocks swung to losses after flirting briefly with gains late in today's session to close the worst week since mid-June. The news that unemployment grew to 9.8% in September depressed the markets, but analysts said so much disappointing data emerged this week that most traders had already unloaded shares.... More »

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Dow Jones employment Nasdaq S&P 500

MARKETS

 Dow Falls 203 
 Ahead of Jobs Report 

ISM report, job fears drive biggest 1-day drop since July

(Newser) - Stocks suffered broad declines today after a manufacturing report that failed to meet expectations. That report, combined with worse-than-expected weekly jobless claims, have investors worried ahead of the government's nonfarm payroll report, due tomorrow. The Dow fell 203 points to close at 9,509. The Nasdaq lost 65 points, closing... More »

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Dow Jones employment Nasdaq S&P 500 Institute for Supply Management

 Dow Falls 30 to End 
 Best Quarter in 10 Years 

Dow makes 15% Quarterly Gain, amid disappointing economic data for September

(Newser) - Disappointing economic data drove stocks lower today but couldn't dent strong gains for the third quarter. ADP reported bigger job losses than expected in September, and the Chicago Institute for Supply Management's business index dropped more than expected. The Dow fell 30 points to close at 9,718. The Nasdaq... More »

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Dow Jones employment Nasdaq S&P 500

MARKETS

 Dow Falls 34 
 Ahead of Jobs Data 

Dow still on track for best quarter in 10 years

(Newser) - Stocks fell today as traders lost some of yesterday’s confidence ahead of looming job reports. ADP will release its September survey tomorrow, with weekly data due Thursday and the government’s nonfarm payrolls report coming Friday. The Conference Board’s consumer confidence index, which analysts had been expecting to... More »

 Forget Fetching Coffee: 
 Interns Work From Home 

'Virtual internships' take among small business

(Newser) - Companies have long used internships to avoid paying young people, but increasingly they don't want to see their interns at all. "Virtual internships," where recent grads do research and sales or work with social media from home, has expanded from an unheard-of practice to "something almost every... More »

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 Outlook Bleak for Holiday Hiring 

Pessimistic retailers plan to slash seasonal jobs

(Newser) - Retail jobs are expected to be in short supply even as the holiday shopping season approaches, the Wall Street Journal reports. Some 40% of retail chains surveyed say they plan to hire fewer workers this year than they did last year when the recession forced many to cut staffing levels.... More »

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 Teen Unemployment 
 Hits Record 25% 

Expert sees teenagers jobless for a 'long, long, long, long time'

(Newser) - The teen jobless picture is the bleakest since the government started tracking the statistic 60 years ago, the New York Times reports. The rate hit 25.5% last month, nearly triple the rate among other workers. Analysts say teens are getting squeezed out of the workplace by college graduates, unable... More »

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employment recession unemployment youth teenager

 Women Gain as 
 Recession Batters 
 Male-Dominated Fields 

Men have lost 3 times as many jobs as women since Dec. 2007

(Newser) - The US job market is closer than ever to gender equality because the recession has most heavily affected male-dominated industries, USA Today reports. Women held 49.83% of the nation’s jobs as of June. Since the recession began in December 2007, 74% of the 6.4 million jobs lost... More »

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women employment income recession gender in business job recession depression

 Help Wanted: 
 Fed Govt. 
 Needs 600K 
 New Workers 

270K new hires deemed critical to make up for retirement

(Newser) - The federal government must hire 600,000 people over the next 4 years to balance a wave of retirement and keep pace with President Obama’s ambitions, the Washington Post reports. Nearly half of those positions are considered absolutely essential for agencies to provide their services, a new report states,... More »

(Newser) - Top law school grads are competing this fall for just half the number of entry-level positions big firms offered last year, in what the New York Times calls the most difficult employment season in half a century. One of New York's biggest firms has cut its hires by more than... More »

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employment recession law school corporate law firms law firm recession depression hiring

(Newser) - The London woman banished to the Abercrombie & Fitch stockroom because of her prosthetic arm has been awarded more $13,000 by an employment tribunal, the BBC reports. Riam Dean wore a cardigan to cover the joint between her prosthesis and her body, but the sweater clashed with the retailer’... More »

 US Banks Hiring Again 
 After Layoffs, Bailouts 

But headhunting 'selective,' notes banker

(Newser) - After cutting thousands of jobs over the past two years, American banks are rushing to fill them again as business picks up, Reuters reports. “Back in March and April, no one really knew if the investment banking business was going to exist again," said a search firm exec.... More »

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Wall Street Citigroup Bank of America Goldman Sachs Morgan Stanley employment JPMorgan Chase banks financial crisis hiring

 Today's Sexy Job: Statistician 

With so much data to crunch, firms need them—and will pay up

(Newser) - Forget the nerdy image: In today’s digital world, statisticians are hot, the New York Times reports. Big firms like Google need number-crunchers to parse piles of data, and they’re willing to pay for it—a statistician with a PhD can rake in $125,000 in his or her... More »

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(Newser) - Facebook addiction interfering with your work? Perhaps you should get a job where an intimate understanding of social networking is a prerequisite. Rachel Zupek runs down five possibilities for CNN.
  • Recruiter: The social networks are swarming with qualified candidates, "and it's about time recruiters joined them." They
... More »

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'09 Grads Picky Despite Grim Jobs Market

Below-par jobs rejected as grads wait for economy to rebound

(Newser) - Many of this year's college grads are confounding career advisers by rejecting suggestions that they can't afford to be choosy about what job to take in a recession, the New York Times reports. The grads say they don't want to be forced into less-than-ideal jobs and career paths by economic... More »

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higher education employment recruitment unemployment college graduates job vacancies

(Newser) - If the downturn has you considering a “recession-proof” job like teaching or medicine, think again, Greg Burns writes in the Chicago Tribune. The recession has affected all sectors, from layoffs and lower enrollment at educational institutions to dwindling state budgets choking civil servants. “It’s a question of... More »

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employment recession unemployment job financial crisis

ANALYSIS

Bleak Jobs Report Raises Red Flags on Recovery

Weak labor market expected to cause longer recession

(Newser) - So much for those so-called green shoots of recovery. Yesterday's worse-than-expected unemployment report has far more red flags of warning on the jobs front, writes Moira Herbst in BusinessWeek. Among them: the average work week shrank to 33 hours, the lowest on record; hourly earnings remained flat; long-term unemployment rose... More »

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1 - 20 of 73 Stories | 1 2 3 4 Next >>