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Keyword: jobs

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  • Entrepreneurship up 60 percent in U.S. since last year [Pravda! Alert]

    11/29/2012 4:47:43 AM PST · by SoFloFreeper · 14 replies
    Washington Post ^ | November 29, 2012 | Mohana Ravindranath
    Entrepreneurial activity is up 60 percent in the United States over last year, reaching its highest level since 2005, according to a new report. About 12.3 percent of U.S. adults —around 29 million —are involved in entrepreneurial activity, the 2011 Global Entrepreneurship Monitor issued by Babson College and Baruch College reported. This rise marks the the first uptick in Americans starting or running new businesses since 2008.
  • Federal jobless benefits could vanish

    11/29/2012 12:51:58 AM PST · by Cincinatus' Wife · 11 replies
    San Francisco Chronicle ^ | November 28, 2012 | Kathleen Pender
    Talk about a hard landing: About 2 million Americans, including 400,000 in California, will abruptly lose their unemployment benefits after December unless Congress votes to continue federal funding for extended benefits. ....About 2.1 million of the 5 million Americans receiving jobless benefits are on a federal extension that will end after Dec. 29, even if they have weeks remaining in their federal claim, according to Maurice Emsellem of the National Employment Law Project. "It's a hard cutoff," he said. "There is no phaseout,".... Congress has renewed extended benefits 10 times since the current round started in June 2008. At its...
  • White House adding My2K hashtag to fiscal cliff [Let's Push Back on this CRAP]

    11/28/2012 4:46:12 AM PST · by SoFloFreeper · 22 replies
    Boston.com ^ | November 28, 2012
    Obama is introducing a new hashtag to the fiscal cliff debate. The White House plans to promote (hashtag)My2K on Twitter and other social media — a reference to the estimated $2,200 tax increase that a typical middle-class family of four would see if the Bush tax cuts expire. Obama is holding an event with middle-class Americans on Wednesday and urging the public to press Congress to protect tax cuts for families earning $250,000 or less. The president is also meeting with corporate executives at the White House on Wednesday and then traveling to Pennsylvania on Friday to push for upper...
  • House GOP plans public push against tax hikes on businesses [Good!]

    11/28/2012 3:35:47 AM PST · by SoFloFreeper · 20 replies
    THE HILL ^ | November 27, 2012 | Russell Berman
    President Obama won’t be the only one hitting the campaign trail to push his deficit plan to avert the fiscal cliff. House Republicans are planning their own campaign-style events to argue against Obama’s insistence on higher tax rates for the wealthy, Speaker John Boehner’s office said Tuesday. As they have repeatedly, Republicans are targeting their message to small businesses, arguing that an increase in the marginal income rate over $250,000 a year will hit small-business owners who file as individuals.
  • "FA$T CA$H: Easy Credit & the Economic Crash" - (Music Video by Dorian Electra)

    11/27/2012 2:45:56 AM PST · by SoFloFreeper · 2 replies
    youtube ^ | 11/26/12 | Dorian Electra
    A cautionary tale about monetary stimulus in a catchy pop-song!
  • Skills Don’t Pay the Bills

    11/26/2012 9:40:40 AM PST · by ksen · 69 replies
    The New York Times ^ | 11/20/2012 | Adam Davidson
    Eric Isbister, the C.E.O. of GenMet, a metal-fabricating manufacturer outside Milwaukee, told me that he would hire as many skilled workers as show up at his door. Last year, he received 1,051 applications and found only 25 people who were qualified. He hired all of them, but soon had to fire 15. Part of Isbister’s pickiness, he says, comes from an avoidance of workers with experience in a “union-type job.” Isbister, after all, doesn’t abide by strict work rules and $30-an-hour salaries. At GenMet, the starting pay is $10 an hour. Those with an associate degree can make $15, which...
  • The Great American Mismatch. Plenty of Manufacturing jobs, too few people with the necessary skills

    11/26/2012 7:12:46 AM PST · by SeekAndFind · 88 replies
    National Review ^ | 11/26/2012 | Jillian Kay Melchior
    In September, 238,000 American jobs went unfilled, despite employers’ best efforts. At the same time, unemployment was at 7.8 percent nationally. And believe it or not, this was no statistical oddity. The manufacturing sector has long had trouble finding skilled applicants for its jobs. Around 48 percent of manufacturing companies are looking to hire, according to the most recent report from ThomasNet, a company that helps connect producers and suppliers. But 67 percent of manufacturing companies see a moderate to severe shortage of skilled workers, and last year, as many as 600,000 jobs went unfilled, according to a report from...
  • Doubt of the benefit: Why increasing unemployment aid is prolonging the recession

    11/26/2012 7:04:08 AM PST · by SeekAndFind · 6 replies
    New York Post ^ | 11/26/2012 | CASEY B. MULLIGAN
    More families used food stamps this past Thanksgiving than ever in history, while Congress is pushing to extend benefits — again — for the longterm unemployed. But what if such aid isn’t helping us weather the recession, but instead prolonging it? The White House, and other believers in Keynesian policy refer to subsidies to the unemployed, poor and financially distressed as “automatic stabilizers” and insist that subsidies have a large positive effect on national income. Yet when the subsidy spigots were opened wide in 2008 and 2009, labor market activity contracted sharply, and stubbornly refuses to rebound. It is time...
  • Obamacare will make us a part time nation

    11/23/2012 2:14:57 PM PST · by SeekAndFind · 78 replies
    American Thinker ^ | 11/23/2012 | Rick Moran
    There are already 8 million Americans working part time who want to work full time. It seems likely that number will skyrocket once Obamacare is implemented. An Obamacare supporter is as stupid as the Democrats who passed the legislation in the first place: ******** When my better half told me that her boss was thinking about cutting all full-time employees to part time in order to avoid the Patient Protection and Affordable Care Act insurance requirements (for full-time employees), my initial response was, "Surely the federal government wouldn't have allowed such a blatantly obvious way of getting out of the...
  • Union Fail: Walmart Reports Record Sales

    11/23/2012 10:41:43 AM PST · by SoFloFreeper · 65 replies
    Brietbart ^ | 11/23/12 | Ben Shapiro
    Despite union efforts to target retailers like Walmart, businesses are reporting record Black Friday traffic – the biggest sign yet that the unions are out of touch with the American people. Starting at 8 p.m. on Thanksgiving, Walmart put its products on Black Friday sale, sparking a run to the stores and earning the stores record sales.
  • Daily Job Cuts

    11/23/2012 9:52:47 AM PST · by SoFloFreeper · 7 replies
    Daily Job Cuts ^ | November 23, 2012
    November 23 , 2012 Gol Brazilian Airlines - 850 Tata Steel ( International ) - 900 PNC Financial in Houston - 33 Madison-based radio station WTDY - Some Layoffs November 22 , 2012 Southwestern Vermont Health Care - Layoffs Expected Advance Auto Parts Andersonville - 80 United Technologies Corp - 42
  • Stuck in a Rut: Mortgage Applications Drop 2.2%, Initial Jobless Claims Remain Above 400k

    11/21/2012 10:36:08 AM PST · by whitedog57 · 6 replies
    Confounded Interest ^ | 11/21/2012 | Anthony B. Sanders
    According to the Mortgage Bankers Association (MBA), mortgage applications dropped 2.2% from the previous week. Mortgage purchases applications rose 2.66% while refinancing applications fell by 3.24%. Purchase applications remain in “the red zone” since 2010 and far below the heady days of 2007. Those are the seasonally adjusted numbers. On a non seasonally adjusted basis, purchase applications actually fell 11.27% and refinancing applications fells 12.91%. Low mortgage rates enable by Fed easing are of little help if credit standards remain elevated. And a stumbling employment market doesn’t help. Initial jobless claims remain above 400k. While there is a temptation to...
  • Proposed 'mega-dairy' may close before opening (Illinois)

    11/21/2012 9:42:06 AM PST · by KeyLargo · 13 replies
    chicagotribune.com ^ | Nov 20, 2012 | Robert McCoppin
    chicagotribune.com Proposed 'mega-dairy' may close before opening Four-year legal fight nears end with California businessman dropping plans for site near Galena By Robert McCoppin, Chicago Tribune reporter 11:15 PM CST, November 20, 2012 A controversial plan to build the largest dairy in Illinois has been put out to pasture, state officials announced Tuesday. The Illinois attorney general's office announced a proposed settlement in which the owners of the 5,500-head dairy planned near Galena will clean up and leave, to the joy of local opponents. "We've agreed they would not seek permitting to allow the dairy, and they've decided to dismantle...
  • The 12 Companies Paying Americans the Least (But you might have to work for them in this economy)

    11/21/2012 9:10:13 AM PST · by SeekAndFind · 30 replies
    Wall Street 24X7 ^ | 11/21/2012 | Trey Thoelcke, Michael Sauter, Alexander E. M. Hess and SamuelWeigley
    The gap between rich and poor is well illustrated by the large multi-billion dollar corporations employing thousands of low-wage workers. With the Great Recession over, not only are many of these companies now hitting record profits, but their executive pay remains spectacularly high. Meanwhile, according to a report released by the National Employment Law Project, the current federal minimum wage the workers are often paid, is worth 30% less than it was in 1968 in terms of purchasing power. Two-thirds of low-wage workers — those that are paid less than $10 an hour — are employed by large corporations with...
  • 95,000 laid off since the election.

    11/20/2012 7:48:08 PM PST · by null and void · 20 replies
    Various, mostly Daily Job Cuts ^ | 11/20/12 | null and void
    Since the election: (Updated 11/20/12 at 7:30 PM PST)Layoff numbers Organization # Laid off Running total Sector Notes AGC 70 70 Glass fabricator Plant closure Advanced Auto Parts 80 150 Automotive Airship Ventures 45 195 Entertainment Closure AMD 400 595 Electronics American Coal 54 649 Energy American Cotton Growers 110 759 Agriculture Ameridose 790 1549 Health Art Gallery of Windsor 12 1561 Art Gallery Canada Associated Milk Producers Inc 130 1691 Agriculture AT&T 71 1762 Telecommunications Operators ATI 172 1934 Education ATK Missile Products Div 50 1984 Defense RIF Atlantic Club 80 2064 Gaming Atlantic Lotto Corp 16 2080 Gaming...
  • GE Healthcare to Eliminate 2 Percent of Jobs in Wisconsin

    11/20/2012 5:27:09 PM PST · by FreeAtlanta · 11 replies
    hispanicbusiness.com ^ | Nov 19, 2012 | Rick Barrett
    GE Healthcare said Friday it is cutting 2 percent of its jobs in Wisconsin, where it has 6,500 employees, and 10 percent of its workforce in Vermont, where it employs about 500 people. The Waukesha-based medical equipment manufacturer said it needs to make "tough decisions in the current economic climate" and was looking for ways to streamline its operations and lower costs. "This will reduce complexity, speed up decision making and help us become more accessible to our customers," said GE spokesman Benjamin Fox. "It also addresses the continued economic challenges in Europe and the U.S., and it will position...
  • Is Thirty the new Fifty? (With ObamaCare in the wings, the 30 hour work week will be new normal)

    11/20/2012 7:20:55 AM PST · by SeekAndFind · 30 replies
    American Thinker ^ | 11/20/2012 | Scott Mayer
    With ObamaCare in the wings, the traditional forty- or fifty-hour work week will soon be replaced with a less than thirty-hour week for many American workers. To wit: many businesses, including ones that previously received ObamaCare waivers, are trying to avoid paying onerous fines for not providing employees with health coverage as mandated by the new law. President Obama recently said that he won't allow the budget to be "balanced on the backs of the middle class." He sure did give the appearance of truly caring about these "folks," but he failed to disclose the fact that, even if taxed...
  • Orlando Health to cut record number of jobs to save money [Obamanomics Strikes Again!]

    11/19/2012 4:22:39 PM PST · by SoFloFreeper · 14 replies
    Orlando Sentinel ^ | 11/19/12 | Marni Jameson
    For the first time in its nearly 100-year history, Orlando Health is reducing its workforce by up to 400 positions starting immediately, hospital officials announced this morning. The elimination of 300 to 400 jobs will occur in two phases, and represents a 2- to 3-percent decrease in the system's 16,000 employees, said Orlando Health spokeswoman Kena Lewis. The reductions affect all departments and all eight of its hospitals, including Orlando Regional Medical Center and Arnold Palmer Hospital for Children. The first wave of employees affected by the "labor expense reduction" portion of the initiative received their notices Friday, said Lewis....
  • Senator Denies Possibility that Regulations Could Cost Jobs

    11/19/2012 11:41:28 AM PST · by John Semmens · 10 replies
    Semi-News/Semi-Satire ^ | 16 Nov 2012 | John Semmens
    Encouraged by the recent election results, Senate Majority Leader Harry Reid (D-Nev) boasted that “the Republicans’ contention that excessive government regulation causes increased unemployment has been convincingly refuted by voters.” “Of course, the GOP’s arguments were ludicrous from the beginning,” Reid maintained. “If we pass new regulations the government has to hire more people to enforce them. That means more jobs. Companies have to hire more people to ensure they comply with the regulations. That means more jobs. The regulations are kind of like a scissors cutting into unemployment from both sides.” The possibility that more regulations could boost the...
  • EPA's Regional Administrators Love Activism, Litigation

    07/03/2012 3:20:31 PM PDT · by jazusamo · 13 replies
    National Legal & Policy Center ^ | July 3, 2012 | Paul Chesser
    The suspicions of Oklahoma Sen. James Inhofe were correct: Rather than sitting before the House Energy and Commerce Committee three weeks ago to explain theways he “crucified” oil and natural gas companies, insteadAl Armendariz – who cancelled his appearance at the last minute – met with the Sierra Club for a job interview. This time the recently resigned EPA’s Region 6 administrator will eagerly attack another fossil fuel, joining the litigious environmental group as part of its “Beyond Coal” campaign. If there was any question that Armendariz unfairly regulated the gas and oil businesses under his authority in Texas, Oklahoma,...