Companies in March advertised the most jobs since the peak of the 2008 financial crisis, a sign that hiring is likely to remain healthy in the months ahead. Job openings rose by 99,000 to 3.1 million in March, the Labor Department said Wednesday. That’s the highest level of openings since September 2008 and the second [...]
As labor costs rise, spotlight is on benefits
The cost of benefits continues to drive up employee compensation costs, according to a report released Friday by the U.S. Labor Department. Over the last 12 months, total compensation—which includes salaries, wages and benefits—rose 2%. The rise was primarily due to a 3% rise in benefit expenses, the report said. In addition to health insurance, [...]
Acme to lay off about 900 part-time workers
Acme Markets announced Thursday that it is laying off about 900 of the 14,000 employees at its 117 stores in and around Philadelphia, South Jersey, Delaware and Maryland. Dan Sanders, president of Malvern-based Acme, a division of Supervalu Inc., informed union leaders Thursday morning and sharedthe news with employees around lunchtime through satellite broadcasts to [...]
Tourism gathering looks at creating jobs in Philly
Philadelphia has a lot of things going for it, but an abundance of jobs isn’t one of them – which creates a unique opportunity for the hospitality industry to step up and fill that void, say planning, convention, and tourism officials. Alan Greenberger, the city’s deputy mayor of planning and economic development and also its [...]
2011 college grads finding a better job market
Employers plan to hire 19.3% more recent graduates this year, says a report by the National Association of Colleges and Employers. The association surveyed 174 schools from February through April. The increase in open positions means employers have half as many applicants per job now than at this time last year: 21.1 applicants this year [...]
Tech jobs boom like it’s 1999
Some 20 recruiters sized up Scott Mersy as they would a star high school running back. But instead of timing his 40-yard dash or checking his percentage of body fat, they were interested in his stats in cloud computing and online marketing. Prospective employers from Silicon Valley to New York lined up for the 5-foot-11 225-pound Mersy, who [...]
N.J. sees rise in job numbers, unemployment rate
For the second month in a row, the number of jobs in New Jersey increased, and so did the unemployment rate, according to numbers released today by the state Department of Labor. The state unemployment rate rose to 9.3 percent, up .10 percent, despite the addition of 4,600 jobs, most of them in the areas [...]
Hiring frenzy hits tech startups
Want to go where the jobs are? Check out New York’s tech industry. The city’s second annual NYC Startup Job Fair, held Friday, drew a packed-to-capacity crowd of both job seekers and those looking to hire them. It was so jammed that the organizers turned away 80 startups looking to attend and recruit. “This is the [...]
Unemployment falls in three-quarters of U.S. cities
Unemployment rates are falling in most metro areas across the country, suggesting that recent nationwide gains in hiring are widespread and not limited to a few healthy regions. More than three-quarters of the nation’s 372 largest metro areas reported lower unemployment rates in February than the previous month, the Labor Department said Wednesday. That’s the [...]
Why aren’t the biggest U.S. companies hiring?
The economic recovery is 2 years old. Corporate America is thriving again. But “for hire” signs at the USA’s biggest companies are surprisingly scarce. By most measures, the Great Recession has faded like a bad dream for U.S. companies. Profits at the Standard & Poor’s 500 big companies are expected to jump 15% this year [...]