unemployment – News Stories About unemployment - Page 33

Apr 2, 2009 7:22 AM CDT

Recession's Victims Overwhelm Libraries

Surge in jobseekers, homeless, and crime stresses out library staff

(Newser) - Libraries that once worried about staying relevant are finding themselves on the front line of the recession, the New York Times reports. Attendance has surged as the newly unemployed—some of whom can't read or write or navigate the Internet—use facilities to write resumés and search for jobs,...

Stocks Dive on Jobs Report

MARKET Open

Apr 1, 2009 8:42 AM CDT

Stocks Dive on Jobs Report

(Newser) - A worse-than-expected jobs report sent stocks tumbling at the open today. The Dow careened down 125 points, while the S&P and Nasdaq sunk 1.8% and 1.9%, respectively. The private sector lost 742,000 jobs in March, according to a new ADP report. Investors were also nervous about...

Report: 742K Jobs Cut in March

Apr 1, 2009 8:29 AM CDT

Report: 742K Jobs Cut in March

(Newser) - US employers cut an estimated 742,000 jobs in March, a larger drop than expected, Bloomberg reports. The figure, from a report based on private payroll data, comes days before the Labor Department is expected to make a similar announcement. If the numbers prove accurate, it would mean that employers...

Braille Read by Less
Than 10% of Blind Americans

Mar 26, 2009 12:20 PM CDT

Braille Read by Less Than 10% of Blind Americans

(Newser) - Less than 10% of blind Americans know how to read Braille, and just 10% of blind children are being taught the printed language, the AP reports. A study by the National Federation of the Blind also pegs Braille illiteracy to unemployment. While the blind population faces 70% unemployment overall, that...

This Rally May Be the Real Deal

OPINION

Mar 26, 2009 9:07 AM CDT

This Rally May Be the Real Deal

Positive indicators, better policy, historical benchmarks; the time is right for a bottom

(Newser) - The tentative rally on Wall Street is reason enough for one economist to feel hopeful: "I’m ready to take another shot at calling the bottom," writes Michael Mandel in BusinessWeek. Since (apparently) bottoming out March 9, stocks have risen 20%, and the reasons behind the climb are...

Working at Home Could Boost Layoff Risk, Some Fear

Mar 23, 2009 10:16 AM CDT

Working at Home Could Boost Layoff Risk, Some Fear

'Trend toward flexibility' makes about-face in rough economy

(Newser) - Workers who once had the flexibility to work from home are sticking to the office, worried that less “face time” could make them layoff targets, the Washington Post reports. To some women, the shift appears to be a step backward as pressure builds to “work as many hours...

Sweden to Saab: Tough Luck

Mar 23, 2009 8:34 AM CDT

Sweden to Saab: Tough Luck

The G.M.-owned Swedish automaker seeks a buyer to save itself

(Newser) - As governments around the world have propped up their automobile companies, typically paternalistic Sweden has answered Saab’s plea for help with an unexpected reply: “No.” No bailout, no takeover. The town of Trollhattan in southwest Sweden now faces economic catastrophe akin to Detroit’s decline as its...

RI Strip Club Hosts Job Fair

Mar 20, 2009 12:22 PM CDT

RI Strip Club Hosts Job Fair

Establishment hopes to attract 'new faces' to adult industry

(Newser) - A prominent Rhode Island strip club is betting that long spells of unemployment will attract newcomers to the adult entertainment industry, the Providence Journal reports. The Foxy Lady is even hosting a job fair tomorrow, looking to hire up to 25 new dancers, bartenders and bouncers. Unemployment in Rhode Island...

New Jobless Claims Fall More Than Expected

Mar 19, 2009 8:04 AM CDT

New Jobless Claims Fall More Than Expected

But continuing claims at record high for 8th straight week

(Newser) - New jobless claims fell more than expected last week, but continuing claims set a new record for the eighth straight week and few economists expect the labor market to improve anytime soon. The Labor Department says the tally of initial requests for unemployment insurance dropped to a seasonally-adjusted 646,000...

In Job Hunt,
Tech Boosts
Old-School
Networking

OPINION

Mar 18, 2009 4:13 PM CDT

In Job Hunt, Tech Boosts Old-School Networking

Sites like Monster aren't getting people jobs

(Newser) - The best way to get back into the workforce is both time-tested and cutting-edge: networking. Facebook, LinkedIn, and even Twitter are taking the place of the old-fashioned phone call, Farhad Manjoo writes for Slate: "The most forward-looking job seekers have all but abandoned job-listing sites in favor of...

Teen Uses
YouTube to
Help Dad

Mar 18, 2009 12:20 PM CDT

Teen Uses YouTube to Help Dad

14-year-old's video a heartfelt tribute to his dad

(Newser) - When Mark Gullett lost his job as a marketing executive for the Tampa Bay Lightning, his son Ben, 14, knew what to do. He made a somber YouTube video in which he told Mark’s story in short sentences on poster boards. Now, after only 6 days, the video has...

Volunteer Boom
Becoming a Burden

Mar 16, 2009 9:48 AM CDT

Volunteer Boom Becoming a Burden

Charities overwhelmed by would-be free workers

(Newser) - As more people lose jobs, they’ve got hours to fill—and many are turning to volunteer work, looking to do good and perhaps network, the New York Times reports. But organizations have been so flooded that many have had to put would-be helpers on waiting lists—and for some,...

In Barren Job Market,
to Get a Job, Create One

Mar 14, 2009 9:43 AM CDT

In Barren Job Market, to Get a Job, Create One

Recession becomes the mother of invention for would-be businesspeople

(Newser) - New businesses are sprouting up across America as unemployed people running out of time and money decide that the only way to get a job is to create one, the New York Times reports. Economists say now is the time in the downturn cycle when "forced entrepreneurship" starts,...

Texas Gov. Rejects
$556M Stimulus for Jobless

Mar 13, 2009 6:26 AM CDT

Texas Gov. Rejects $556M Stimulus for Jobless

Perry says coverage for unemployed would 'drown' businesses

(Newser) - The governor of Texas has rejected $556 million in federal stimulus money for the state's unemployed, saying yesterday it had too many strings attached, reports the Dallas Morning News. Rick Perry, a Republican, said that the federal rules would burden Texas businesses with new commitments; instead they should be able...

Unemployment
Hits 10% in 4 States

Mar 11, 2009 1:56 PM CDT

Unemployment Hits 10% in 4 States

California, Michigan, South Carolina and Rhode Island lead jobless statistics

(Newser) - Four states—California, South Carolina, Michigan, and Rhode Island—registered unemployment rates above 10% in January, and the national rate is expected to hit double digits by year-end. The US Labor Department's report on state unemployment, released today, showed the increasing damage inflicted on workers and companies from a recession...

'Hidden Homeless'
Turn to Motels

Mar 11, 2009 9:48 AM CDT

'Hidden Homeless' Turn to Motels

Recession forces middle-income families into uncomfortable new quarters

(Newser) - As the economy leaves people without the income they need to afford a mortgage or monthly rent, more and more families find themselves checking into motels for indefinite stays. While they may be a step above homeless shelters, motels bring with them a unique set of problems as long-term stopgaps,...

Real 'Cheers'
Bartender Laid Off

Mar 10, 2009 2:14 PM CDT

Real 'Cheers' Bartender Laid Off

(Newser) - For 35 years, Eddie Doyle has been the most famous bartender at Boston’s most famous bar, pouring drinks, signing autographs, and raising more than $1 million for charity along the way. Now, he’s unemployed. Cheers, the bar that inspired the TV show of the same name, has laid...

Laid-Off, Many Turn to Blogging

Mar 10, 2009 1:30 PM CDT

Laid-Off, Many Turn to Blogging

Recently laid-off vent, share leads online

(Newser) - As layoffs soar, job seekers are turning to blogs to connect with others in the same boat and share their adventures in unemployment, the Wall Street Journal reports. For many professionals, blogging helps make sense of the sudden changes a layoff brings. "It's difficult to see your own progress,...

Lost Your Job?
Turn to Those
You Kind of Know

OPINION

Mar 9, 2009 11:40 AM CDT

Lost Your Job? Turn to Those You Kind of Know

Acquaintances can be road to success in tough times

(Newser) - In the professional world, it’s all about who you sort of know, especially when times are hard, Gregory Rodriguez writes in the Los Angeles Times. Job losses may make people withdraw from their friends, but during a recession, acquaintances are the ones who count, often helping pave the way...

Stimulus Not Big Enough to Save Us: Krugman

OPINION

Mar 9, 2009 9:53 AM CDT

Stimulus Not Big Enough to Save Us: Krugman

Obama's economic policy is falling behind the curve

(Newser) - Pundits are constantly complaining that Barack Obama’s stimulus is too big and too ambitious, but Paul Krugman has a different complaint: It’s too small. Obama’s promise that the bill will create or save 3.5 million jobs by 2010 “looks underwhelming to say the least,”...