Category Archives: employment

Private hiring jumps, sparking recovery hopes

Full Story atnews.Yahoo.com WASHINGTON (Reuters) – Companies hired four times more workers in June than in May, strengthening views the economy was starting to escape the doldrums of the first half of the year. A drop in the number of Americans filing applications for unemployment benefits last week also offered hope for the labor market, [...]

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April jobs report: Hiring picks up steam

Full Story at money.cnn.com NEW YORK (CNNMoney) — The jobs recovery picked up speed in April, as business payrolls swelled and the unemployment rate rose as more people returned to the workforce. The economy added 244,000 jobs in the month, the Labor Department reported Friday. That’s up from the 221,000 jobs gained in March. Economists [...]

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Waitresses fired when new uniforms don’t fit

Full Story at msnbc.com All of the 16 women who lost their jobs were middle-age, long-time employees who were happy to retain their jobs after the casino’s sale only to lose them because of their appearances in a skimpy costume. Union officials say that Resorts is using the 1920s flapper-style uniforms as a way to [...]

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Good jobs news is good news. Capisce?

Full Story at money.cnn.com And when it comes to the crucial monthly employment numbers from the government, many traders worry more about how the jobs data will influence the Federal Reserve’s monetary policy than what it means for the average guy or gal trying to find work. Look what happened on Wednesday. Payroll processor ADP [...]

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Auto workers: Keep jobs on U.S. shores

Full Story at money.cnn.com DETROIT (CNNMoney) — Job security for auto workers used to mean ironclad labor contracts that insured they got paid whether or not they were working. But today, as the United Auto Workers union prepares to return to the bargaining table with the Big Three after four years of painful concessions and [...]

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Walgreens buys Amazon-backed Drugstore.com

Full Story at CNNMoneyTech.Tumblr.com Walgreen Co. announced this morning that it’s buying Drugstore.com for about $409 million. Awesome news for the former dot-com darling, as Walgreen’s purchase price represents a 113% premium over Drugstore.com’s closing price yesterday. And it’s really great news for holders of Drugstore.com stock (did you even know that exists?!), which surged [...]

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Small businesses ramp up jobs

Full Story at money.cnn.com NEW YORK (CNNMoney) — Small businesses have ramped up their hiring in recent months, fueled by a recovering economy and more optimistic business owners. That’s a far cry from little more than a year ago, when the sector was losing thousands upon thousands of jobs each month.

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From Guns N’ Roses bassist to money manager

Full Story at money.cnn.com The former Guns N’ Roses bass player says years of drug and alcohol abuse caused the rupture, which left him sidelined for months. As he recovered from the incident at home and sobered up, he found himself with hours of free time and little to do. McKagan wandered into his basement [...]

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$1.1 billion in unclaimed 2007 tax refunds

Full Story at money.cnn.com NEW YORK (CNNMoney) — Did you forget to file your 2007 taxes? The IRS might have a nice check waiting for you. Nearly 1.1 million taxpayers failed to file that year, and the IRS estimates they are entitled to $1.1 billion in potential refunds.

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More than a million immigrants land U.S. jobs

Full Story at msnbc.com DALLAS — Over the past two years, as U.S. unemployment remained near double-digit levels and the economy shed jobs in the wake of the financial crisis, over a million foreign-born arrivals to America found work, many illegally. Those are among the findings of a review of U.S. Bureau of Labor Statistics [...]

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Senators talk tough on China currency

Full Story atmoney.cnn.com NEW YORK (CNNMoney) — Senate Democrats renewed their push to crack down on countries that manipulate their currencies, ahead of a key meeting between Chinese President Hu Jintao and U.S. President Barack Obama in Washington. A bill introduced Monday by Senator Charles Schumer and two other Democrats, would impose penalties, including possible [...]

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My spending fast: I paid off $18,000 in a year

Full Story atmoney.cnn.com In January 2010, I started what I called a spending fast. For a full year, the plan was that I would spend money on necessities only. No more eating out, no more movies, no more shopping, no more “wants”. I knew this was going to be intense, and I was also fully [...]

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Looking for a job in 2011? Here’s how to stand out

Full Story at msnbc.com Many of you continue to use the same job-search strategies even though they reap few results hoping that you’ll land a gig when the job market gets better in the New Year. Well, 2011 is here and it’s not going to be much better than 2010 when it comes to employment [...]

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Many U.S. companies are hiring … overseas

Full Story at msnbc.com Corporate profits are up. Stock prices are up. So why isn’t anyone hiring? Actually, many American companies are — just maybe not in your town. They’re hiring overseas, where sales are surging and the pipeline of orders is fat. More than half of the 15,000 people that Caterpillar Inc. has hired [...]

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