Archive for the ‘Human Resources’ Category

Just think, the other day Harry Reid said more job loss was a big day in America. I wonder if the people back home are happy with that statement of his?

The jobless rate in the Las Vegas area jumped to 13.8 percent in January, the 13th consecutive month of double-digit unemployment.

Hardest hit was the construction industry, where employment fell from 63,000 in December 2009 to 51,700 in January. But there was a rebound in gaming employment in January with 151,200 on the job, compared to 146,200 in December.

The Nevada Department of Employment, Training and Rehabilitation reported today that statewide, the seasonally adjusted jobless rate was 13 percent with an estimated 187,700 people out of work. The 13 percent compares to the national average of 9.7 percent for January.

Thirteen percent!!! Something’s not working.

An awesome day for the state of Georgia. Jobs. Jobs. Jobs.

Gov. Sonny Perdue joined Korean and American dignitaries in celebrating the opening of Kia’s first North American manufacturing facility in west Georgia Friday.

“This is a momentous day for Georgia as Kia Motors has brought thousands of new jobs to this area and is truly delivering as tremendous corporate citizen,” Perdue said at an opening event attended by Sen. Saxby Chambliss and other dignitaries who heard a keynote speech from Hyundai-Kia Automotive Group chairman and CEO Chung Mong Koo.

Perdue and Chung announced that Kia would come to Georgia four years ago.

Everyone knew it was just a matter of time before the state laws would kick in and require a higher premium for unemployment insurance taxes.

Employers are getting hit with a massive tax hike at a time when they can least afford it.

Companies in at least 35 states will have to fork over more in unemployment insurance taxes this year, according to the National Association of State Workforce Agencies.

The median increase will be 27.5%. And employers in places such as Hawaii and Florida could see levies skyrocket more than ten-fold.

Too bad our current president hasn’t done anything to lower unemployment and save all those states so much money.

More and more people are doing it.

Many jobless people have reached a conclusion that captures the depth of the unemployment crisis: Looking for a job is a waste of time.

The economy is growing. Yet it’s creating few jobs. That’s why in the past eight months, 1.8 million people without jobs left the labor market. Many had grown so frustrated by their failure to find a job that they threw up their hands and quit looking for one.

And it’s why Barbara Bishop sat down at her kitchen table in suburban Atlanta last month and joined their ranks. Her decision came seven months after she quit a PR job that seemed about to be axed. Sending out resumes got her nowhere. So Bishop made a list of her skills and decided to launch her own business.

With the way things are today, it’s not such a bad idea.

Analysts expected payrolls to rise by 15,000 with unemployment holding at 10%, yet there was a loss of 20,000 jobs nd the rate fell to 9.7%.

The U.S. economy lost 20,000 jobs in January, the Labor Departmentsaid Friday, defying expectations for a slim gain. But the jobless rateunexpectedly fell to 9.7% from 10% in December.

Wall Street expected nonfarm payrolls to rise by 15,000 with unemployment holding at 10%.

Stocks opened up, sold off, then staged a big rally late to end higher. The Dow rose 0.1%, the S&P 500 0.3% and the Nasdaq 0.7%.

Someone is fudging numbers. You do the math.

President Barack Obama said on Friday new jobs figures showed the United States was climbing out of the “huge hole” created by the recession but he cautioned that the data would fluctuate in the months to come.

The jobless rate fell to 9.7 percent in January from 10 percent in December. Obama called that encouraging, but he said it was not cause for celebration.

Of course it’s not cause for celebration. Most of those jobs created were for temporary census jobs. duh.

I can’t help but wonder what we’re going to hear about Freddie Mac that was so terrible he felt he needed to kill himself?

David Kellermann, the acting chief financial officer of Freddie Mac, was found dead at his home Wednesday morning in what broadcast reports said was an apparent suicide.

WUSA-TV and WTOP Radio reported that David Kellermann was found dead in his Northern Virginia home. The 41-year-old Kellermann has been Freddie Mac’s chief financial officer since September.

Could there be anything worse than we have already heard?

No wonder I can’t find a job.

The number of people filling new unemployment claims rose to the highest level in more than 25 years in the week ending March 28.

Seasonally adjusted initial claims was 669,000 nationally for the week, an increase of 12,000 from the previous week’s revised figure of 657,000, according to figures released Thursday by the U.S. Labor Department.

The four-week moving average was 656,750, an increase of 6,500 from the previous week’s revised average of 650,250.

It’s amazing what happens when we enforce the law.

Wages and employment increased for legal workers after raids on six Swift & Co. meat-packing plants in several U.S. states in 2006, a study indicated.

Noting that the plants raided were back in production within five months, Jerry Kammer of the Center for Immigration Studies said there was “good evidence” that the number of U.S.-born workers increased, concluding that the plants “could operate without the presence of illegal workers,” The Hill reported.

So much for the “jobs Americans don’t want to do”, huh?

Being part of that 8.1% I have to say, at this point, it’s all relative, isn’t it?

The U.S. unemployment rate hit a 25-year high of 8.1 percent in February as employers buckling under the strain of a recession that shows no sign of ending axed 651,000 jobs, government data showed on Friday.

Adding to the gloom, a combined 161,000 more jobs were lost in January and December than previously believed. February’s decline in non-farm payrolls was close to economists’ forecast for a 648,000 drop.