Read a little. Learn a lot. • Tightly-written news, views and stuff • Follow us on Twitter • Be a Facebook Fan • Tumble us!

13 May 2010 11:11

tags

Biz: Payrolls have increased, but jobless claims are still high; why?

  • People aren’t getting laid off, but jobs aren’t getting created. With a decrease in new jobless claims by less than 4,000 (there were 444,000 new jobless claims this week) against a backdrop of increasing payrolls, many are wondering why job growth isn’t faster. Some are suggesting it’s tied to the high unemployment rate. “There are more jobs being created, but the general trend is that businesses are still reluctant to hire,” said analyst Gary Shilling of A. Gary Shilling & Co. The data show that the issue is more a lack of hiring and not people getting laid off.” source
Posted by Ernie Smith • 0 Comments • Permalink

12 May 2010 20:56

tags

World: Three things Britain’s new coalition government wants to do

  • More consistent votes Create a more consistent schedule of leadership change by setting elections for parliament for every five years. The legislature can do it sooner if 55 percent of parliament votes to do so.
  • Austerity measures Like much of Europe, the coalition government plans to do something about the large amount of debt it’s built up. It won’t be quite as insane as Greece, but expect some things to get cut out of the budget.
  • Creating jobs 2.5 million Britons are unemployed, a number that might affect the strength of the coalition if they don’t do something about it. Expect Clegg’s people and Cameron’s people to be on it. source
Posted by Ernie Smith • 0 Comments • Permalink

07 May 2010 10:23

tags

Biz: Jobs: Employers are hiring, but more people are looking

  • 290,000new jobs in April, way more than
    expected and the best month for
    employment in four years
  • 9.9%the current unemployment rate,
    higher than last month because more
    people are looking for work source
Posted by Ernie Smith • 0 Comments • Permalink

06 May 2010 10:41

tags

Biz: Fewer people making jobless claims; workers starting to get lazy

  • 7,000 fewer initial jobless claims
    than last week (it’s still fairly high,
    at 444,000, though)
  • 3.6% increase in worker productivity
    this quarter the smallest increase
    in a while source
Posted by Ernie Smith • 0 Comments • Permalink

05 May 2010 09:48

tags

Biz: FINALLY. Private companies are starting to hire people again

  • 32,000 new private sector jobs in April source
Posted by Ernie Smith • 0 Comments • Permalink

12 Apr 2010 09:29

tags

Biz: Is unemployment higher because unemployment’s easier?

  • 44% of unemployed Americans have been jobless for six months or longer
  • 26% of those unemployed in the early ’80s recession could say the same source
  • » What’s the difference?: According to The Daily Beast, the reason for this has a lot to do with the changing nature of unemployment. Among other things, there are more two-income homes than in the early ’80s. On top of that, it’s easier to get unemployment now than it was 30 years ago – per-capita spending for the jobless has increased 77 percent. While it’s no walk in the park, obviously, it’s clearly not the same situation as it used to be.
Posted by Ernie Smith • 0 Comments • Permalink

09 Apr 2010 12:10

tags

U.S.: Unemployed people’s benefits being held up by Congress again

  • 200,000 could lose benefits source
Posted by Ernie Smith • 0 Comments • Permalink
 

02 Apr 2010 10:49

tags

Biz: The jobless rate stayed flat, but companies are hiring again; yes!

  • 9.7% the current unemployment rate, which is unchanged from February
  • 162k the number of jobs created in March, which is good, but below estimates
  • 6.5M the number of people unemployed six months or more, which is a record source
Posted by Ernie Smith • 0 Comments • Permalink

11 Mar 2010 10:12

tags

Biz: Unemployment: New jobless claims down, old ones way up

  • -6,000 decrease in jobless claims this week, which is fairly modest
  • +37,000 increase in continued claims this week, which is high source
Posted by Ernie Smith • 0 Comments • Permalink

10 Mar 2010 23:18

tags

Offbeat: Airline rewards points during recessions a new kind of currency

This poor guy doesn’t have an address or a job, but he does have thousands of rewards points saved up, which means he can stay at hotels for (almost) free. source
Posted by Ernie Smith • 0 Comments • Permalink
 
<< newer 
top tags
older >>