Archive for the ‘employment’ Category.

Greater spending, fewer layoffs by more-confident businesses gives economy a lift


Tampabay.com
Greater spending, fewer layoffs by more-confident businesses gives economy a lift
Washington Post
WASHINGTON — Businesses are growing more confident in the economy, investing in more equipment and laying off fewer workers. Government figures on manufacturing and unemployment claims released Thursday raised hopes on the eve of a report on how much
spending, fewer layoffs bolster economyAZ Central.com

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Fewer construction layoffs expected in 2012

Fewer construction layoffs expected in 2012
Triad Business Journal
A national survey by the Associated General Contractors of America found that fewer construction firms expect to layoff workers in 2012 compared to recent years, with many expecting key market segments to expand this year. In North Carolina, the survey
Construction Industry Layoffs Slow DramaticallyGreen Industry Pros
Construction firms plan fewer layoffs in 2012Tampa Bay Business Journal (blog)
AGC Outlook Report Says Construction Firms Will Make Fewer Layoffs This YearUSGlass News Network (USGNN)
RealEstateRama (press release) -Minneapolis Star Tribune -Central Penn Business Journal
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December planned layoffs lowest in 6 months: Challenger


Economic Populist
December planned layoffs lowest in 6 months: Challenger
Reuters
NEW YORK (Reuters) – The number of planned layoffs at US firms declined to its lowest level since June, suggesting ongoing improvement in the labor market although unemployment remains historically high, a report on Thursday showed.
Layoffs Up 31% From 2010Economic Populist
Government Accounted For Nearly A Third Of All Layoffs In 2011: ReportHuffington Post
Ohio employers doubled layoffs in DecemberBusiness Courier
FINS -Minneapolis Star Tribune (blog)
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Jobs Numbers Rise, but Big Businesses Still Make Big Layoffs

Jobs Numbers Rise, but Big Businesses Still Make Big Layoffs
Huffington Post
While the ADP improvement is mildly encouraging and the drop in unemployment from above 9 percent to the mid-8 percent levels is nice, these mass layoffs show that the labor market still has a long way to go. What’s more, these cuts signal what likely

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Can’t get job done

Metro-area employment down in ’12

By JOHN AIDAN BYRNE

Job prospects for the New York City metro area are about to hit rock bottom.

Job growth will be down slightly across the five boroughs in 2012, according to a new survey, which says that for each employment sector looking to hire there is one eyeing slightly more in cutbacks.

This news comes as theunemploymentrate in the city ticked up to 8.9 percent — the same level as a year ago — and more unemployed begin a new search for work, according to the state labor department.

A scant 13 percent of local employers plan to hire additional workers in the first quarter of 2012 — slightly less than the number who plan to fire staff — while most other sectors are holding the line, according to a Manpower Employment Outlook Survey.

The dreary job prospects rank the New York City area fourth-worst of the 100 US metro areas surveyed.

New Jersey is listed as the weakest state, with a 4 percent decline in jobs; Connecticut may see a modest 1 percent rise along the I-95 corridor.

These largely unwelcome local distinctions come amidst prospective local gainers: lottery-size salaries in sections of financial services.

And surprisingly, there are good prospects in durable-goods manufacturing, and leisure and hospitality, the quarterly Manpower survey from ManpowerGroup reveals.

Although often cited as dead, durable-goods manufacturing is still thriving in Bedford-Stuyvesant, Gowanus and Long Island City.

But it’s a bloodbath elsewhere. Employers in construction, nondurable manufacturing, professional and business services, education, health and local governments all plan to butcher payrolls.

New York’s net-employment outlook for the first quarter of 2012 is a shocking -0.5 percent, compared with 9 percent growth nationwide, the survey shows.

The outlook for the New York metro area, which extends into surrounding regions, is down from the fourth quarter’s 7 percent and 2 percent a year ago. (The net-employment outlook is the percentage difference between hiring and firing activity.)

Lance Robinson, a single 24-year-old from East Flatbush, Brooklyn, knows all about his prospects. After graduating in June with a bachelor’s degree in healthcare science from Oakwood University in Alabama, Robinson has dressed smartly for many local interviews.

But forget about getting any offers. “I’m thinking of moving out of New York to find work somewhere else,” said Robinson.

But not everyone is ready to throw in the towel yet.

Max Kemnitzer, a director at recruiter Michael Page International, said concerns about New York job growth are well-placed. Still, he said it is not all doom and gloom.

“We have seen a large growth here in jobs in the compliance, legal, tax-risk and other similar fields,” he said. “We expect more job openings for people with niche specialties.”

Another recruiter, who did not want to be named, told The Post of demand for legal eagles with backgrounds in Dodd-Frank. Annual salaries can run as high as $1 million.

And despite the loss of 4,000 financial-services jobs the past three months, 20 of the 22 financial sectors tracked by eFinancialCareers have more job postings than they did a year ago. The Street is recruiting energy traders, bankers, commodities experts and hedge-fund personnel, the Web site operator says.

But that’s not much consolation for many other New York workers, who continue to watch the job market —and their hopes — dwindle.

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More improvement for job market as unemployment claims fall to lowest since


Kansas City Star
More improvement for job market as unemployment claims fall to lowest since
Washington Post
The number of people filing for unemployment benefits fell last week to the lowest since May 2008, a sign that the waves of corporate layoffs that have defined the past few years are all but over. “This is unexpectedly great news,” said Ian Shepherdson
Job market brightens as unemployment claims sinkSan Francisco Chronicle
Unemployment Benefits Drop to Lowest Level in More Than Three YearsFox News
US jobless numbers look a little brighterNew Zealand Herald

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QC jobless rate among state’s lowest


Madison Times
QC jobless rate among state’s lowest
Quad-Cities Online
Illinois led the nation in job growth in October, with 30000 seasonally-adjusted new jobs, according to Illinois Department of Employment Security data released Wednesday. The Quad-Cities area had the state’s second lowest unemployment rate in October,
Jobless rate on decline in DeKalb CountyDekalb Daily Chronicle
We must create jobsMadison Times
McLean Co. unemployment up from 2010Bloomington Pantagraph
Charleston Regional Business -Lexington Herald Leader -Rockford Register Star
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Construction jobs down 2.8% in NC

Construction jobs down 2.8% in NC
News & Observer
Between October 2010 and last month, the state lost 4900 jobs, with total construction employment dropping from 175000 to 170600. The AGC calculates the numbers by analyzing data collected by the US Department of Labor. That percentage decline ranked
Construction employment rises in 25 states and DC in OctoberCoon Rapids ECM Publishers
Construction jobs down 11600Gulf Coast Business Review
Construction Still Suffering in NMAlbuquerque Journal (subscription)

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Wisconsin lags nation in payroll growth

Wisconsin lags nation in payroll growth
Milwaukee Journal Sentinel
Wisconsin posted the nation’s biggest payroll losses, with employment dropping by 9700 jobs in October compared with September, according to a US Bureau of Labor Statistics report released Tuesday. The bureau said Wisconsin was the only state with a

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Job growth, employment data point to a slowing Texas economy


Austin American-Statesman
Job growth, employment data point to a slowing Texas economy
Austin American-Statesman
There are signs of a slowdown in the Texas economy, as employment data released Friday for the state and Austin area seem to confirm that forecast by area economists. The state as a whole added 2500 jobs in October on a seasonally

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