Skip to: Content
Skip to: Site Navigation
Skip to: Search

WEDNESDAY, NOVEMBER 25, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: employment

employment stories: 73 news summaries

41 - 60 of 73 Stories | << Prev 1 2 3 4 Next >>

Wall Street's Hottest Jobs? Lehman Bros

Bankruptcy experience is the skill set of the future, execs say

(Newser) - Wall Street's hottest jobs in 2009 are coming from its biggest disaster of 2008—Lehman Brothers, the Wall Street Journal reports. Lehman still has billions of dollars in assets and contracts to untangle and restructure, and Wall Street's legions of laid-off execs are keen to get a piece of the... More »

MORE ABOUT:
Wall Street bankruptcy employment Lehman Brothers restructuring financial sector Richard Fuld

ANALYSIS

 The Single Best Question 
 for Job Applicants 

Ask applicants what they do when they're not working

(Newser) - Hiring tends to be a total crapshoot, Peter Bregman writes in a Harvard Business Review blog. But you'll get better results if you ask applicants one question: What do you do in your spare time? Hero pilot Chesley Sullenberger flies gliders for fun and used to build intricate models. "... More »

Jobs to Ditch Before the Recession Does It for You

Auto industry, real estate among worst fields

(Newser) - Want to keep your job this year? Steer clear of these professions, which a new study says will be hard-hit by the recession, Australia's News Network reports:
  • Car salesperson
  • Real estate agent
  • Investment banker
  • Prawn fisherman
More »

MORE ABOUT:
real estate employment recession unemployment investment bankers auto industry job financial crisis

 Eateries Cut Jobs as 
 Diners Tighten Belts 

The industry has shed 66,500 jobs over the past five months as consumers spend less

(Newser) - Restaurant workers are losing their jobs in record numbers as consumers rein in spending and the industry contends with rising ingredient prices, reports the Wall Street Journal. One of the largest US employers, the restaurant industry has been a haven for the unemployed and immigrant workers. Over the past five... More »

MARKETS

 Insurer Leads 259-Point Surge 

Stocks manage to stay afloat despite terrible jobs report

(Newser) - Stocks rallied at the end of the session today despite a grim November jobs report that showed unemployment rising to 6.7%, MarketWatch reports. Insurer Hartford Financial led financials higher after announcing that its business were doing better than it had expected. The Dow rose 259.18 to close at... More »

MORE ABOUT:
Citigroup Dow Jones insurance employment Nasdaq ECB S&P 500 Hartford Financial

ANALYSIS

 US Jobs Picture
 Even Worse Than It Looks 

6.7% unemployment figure doesn't count those not working or looking for work

(Newser) - As bad as today’s jobs report seemed, it actually soft-pedals the US employment situation, David Leonhardt writes in the New York Times. In November, 251,000 workers lost their jobs, driving the unemployment rate to 6.7%. But “unemployed” describes only individuals actively looking for work, and the... More »

MORE ABOUT:
labor employment unemployment job downturn financial crisis

MARKET Open
(Newser) - Stocks took a tumble at the open today, thanks in part to a private report saying the economy shed 250,000 non-governmental jobs last month, and signs of slowing consumer spending. The Wall Street Journal reports that all 30 Dow stocks were trading lower, bringing the index down 145 points,... More »

MORE ABOUT:
stock market Research In Motion employment Nasdaq S&P 500 Dow Industrial

US Already a Year Into Recession: Economists

Non-traditional measurement based on employment, other statistics

(Newser) - The US economy has been in a recession since employment peaked in December 2007, a committee of economists declared today. However, MarketWatch notes, the private National Bureau of Economic Research rejects the traditional metric that recession is defined as consecutive quarters of GDP decline, opting instead to look at four... More »

MORE ABOUT:
economic indicators employment recession GDP economy

(Newser) - Avon's cosmetic-toting army is growing as troubled economic times make door-knocking more attractive to women struggling to make ends meet, reports the Wall Street Journal.  Incentives including price cuts, gas vouchers, and advice from celebrity financier Suze Orman, helped attract 5% more sales reps in the second quarter of... More »

MORE ABOUT:
employment recession cosmetics economy downturn

 Unemployment Rate Hits 
 5-Year High of 6.1%

Factory workers hit hardest as unforeseen fall in jobs stuns economy

(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... More »

MORE ABOUT:
employment recession unemployment consumer spending Department of Labor job

Iraq Private Sector Stalls, Public Hiring Fills Gap

Economy driven by single employer sparks financial concerns

(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... More »

MORE ABOUT:
Iraq inflation employment public sector Iraq war private sector

 Dow Enters Bear Market 

Nasdaq also falls more than 20% from its high

(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... More »

MORE ABOUT:
Dow Jones General Motors employment Nasdaq bear market oil price crude oil S&P 500

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

51 of 60 major metro areas found by industry survey to have added tech jobs

(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... More »

MORE ABOUT:
technology Silicon Valley New York Durham employment Bay Area Washington, DC Boulder Huntsville

 Teens Struggle in 
 Tight Job Market 

Summer work grows rarer in weak economy

(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... More »

MORE ABOUT:
employment job search job market economy teenager

Part-Time Work Jumps 16% as Many Jobs Contract

Some 4.79 million worked part time in February; 1.8 million held two or more jobs

(Newser) - Tough economic times—and a drop in full-time jobs in some sectors—are pushing more people into part-time work, the Wall Street Journal reports. The Labor Department says 16% more workers—some 4.79 million people—are working part-time jobs this year than last, the highest total since 1993. More »

Silicon Valley Deletes Middle-Income Jobs

Jobs rise in region overall, partly due to international influx

(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 »

MORE ABOUT:
Silicon Valley middle class employment US economy tech industry job

Unmarried, Frustrated, and Turning to Islam

More in Middle East heal economic pains with religious fervor

(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... More »

MORE ABOUT:
education Islam Egypt Islamic Sharia law employment job market conservative Islam

10 Jobs Not Long for This World

Failing industries, new technology and outsourcing are killing these careers

(Newser) - Getting a job is hard enough—you don't want one that won't be around in five or 10 years. Forbes pulls out its crystal ball to see which jobs are not long for this world:
  1. News analysts, reporters, and correspondents
  2. Economists
  3. Radio announcers
  4. Travel agents
More »

MORE ABOUT:
radio farming outsourcing list employment unemployment job search job market career

US Lost Jobs
for First Time
in 4 Years

August payroll drop shows subprime crisis affecting economy

(Newser) - In the first drop since 2003, the US lost 4,000 jobs in August, surprising experts and putting more pressure on the Fed to reduce rates at its upcoming meeting. Economists had predicted an increase of 100,000 or more jobs. The decline in employment is the clearest signal to... More »

MORE ABOUT:
Federal Reserve United States employment recession unemployment manufacturing credit market payrolls interest rate cut job

Temp Workers Get the Ax

Seen a sign of things to come for full-time staffers

(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... More »

41 - 60 of 73 Stories | << Prev 1 2 3 4 Next >>