Category Archives: Jobs
Frigid Fla. winter is bad news for tomato lovers
You say tomato, restaurants say sorry: Fla.’s freezing temps cause tomato shortage
Tamara Lush, Associated Press Writer, On Friday March 5, 2010, 5:35 am
ST. PETERSBURG, Fla. (AP) — A frigid Florida winter is taking its toll on your sandwich. The Sunshine State is the main U.S. source for fresh winter tomatoes, and its growers lost some [...]
Ford to invest $155M, add jobs at engine plant
CLEVELAND – Ford Motor Co. said it will spend $155 million upgrading a factory to build a new fuel-efficient V6 engine for the 2011 Mustang and expects to add 60 jobs as a result.
Ford says the upgrades are part of $1.8 billion in investments for engineering and facility modernization that will support its 2011 vehicle [...]
Brisk 5.9 percent growth in Q4 will likely fade
JEANNINE AVERSA, AP Economics Writer
WASHINGTON – The economy rocketed ahead at a 5.9 percent pace in the final quarter of 2009, stronger than initially estimated. But the growth spurt isn’t expected to carry over into this year.
The fresh reading on the nation’s economic standing, released by the Commerce Department on Friday, was better than the [...]
10 Job Sectors in Decline
10 Job Sectors in Decline
What to Do If Your Industry Is on the Way Out
by Margaret Steen, for Yahoo! HotJobs
People in almost every profession may feel like jobs are scarce right now. For many industries, this is a temporary situation. But jobs in some fields are expected to continue disappearing even after the economy picks [...]
Chip Makers, the Next Battle Is in Smartphones
by Ashlee Vance
The semiconductor industry has long been a game for titans.
More from NYTimes.com:
• Skype in a Struggle to Be Heard on Mobile Phones
• Microsoft Starts Over in Phone Software
The going rate for a state-of-the-art chip factory is about $3 billion. The plants typically take years to build. And the microscopic size of chip circuitry [...]
Senate Advances Jobs Bill
Republicans Vote for $15 Billion Measure in Rare Moment of Bipartisanship
By NAFTALI BENDAVID
WASHINGTON—The Senate voted to advance a $15 billion job-creation package Monday, showing a rare hint of bipartisanship as five Republicans voted to end debate on the Democratic bill, including newly elected Sen. Scott Brown of Massachusetts.
Scott Brown, Massachusetts’ newly-elected senator, voted with four [...]
Nearly 20 percent of U.S. workers underemployed
By David Morgan
WASHINGTON (Reuters) – Nearly 20 percent of the U.S. workforce lacked adequate employment in January and struggled to make ends meet with reduced resources and bleak job prospects, according to a Gallup poll released on Tuesday.
In findings that appear to paint a darker employment picture than official U.S. data, Gallup estimated that [...]
Consumer confidence sags while housing remains shaky
NEW YORK (Reuters) – Consumer confidence sagged to a 10-month low on worries about jobs while the housing market remains under strain, data revealed on Tuesday, underscoring the fragility of the economy’s recovery.
Consumer confidence fell in February to the lowest in 10 months, as consumers’ short-term outlook on jobs worsened, according to a report from [...]
Manufacturing sector making a comeback
The long-battered U.S. manufacturing sector is showing surprising signs of strength and many experts think it has relatively bright prospects for at least the next several years.
Improved productivity, the global economic recovery and a lower value of the dollar have lifted exports of goods 24% since April. January was the first month in three years [...]
Jobless claims rise unexpectedly
DANIEL WAGNER, AP Business Writer
WASHINGTON – The number of newly laid-off workers filing applications for unemployment benefits unexpectedly surged last week after having fallen sharply in the previous week. The gain dampened hopes about how quickly the labor market may improve this year.
The Labor Department said Thursday that first-time claims for unemployment benefits rose by [...]