Folks who turned to the sky Saturday evening looking for Harold Camping’s Rapture prediction to come true were prepared to travel light. A number of them had no jobs and no belongings: They were ready to be swept up into Heaven. Trouble is, Camping’s prediction was a bust, and his loyal followers who gave up [...]
May 27
Plan to cut unemployment stalls in Pa. House
A measure cutting unemployment compensation costs by $630 million a year has stalled in the Pennsylvania House. That could open the door for a more limited bill that unanimously passed the Senate this week. Republican John Gordner said his bill would save about $60 million a year–less than a tenth of what the House legislation, [...]
Jan 03
N.J. bill would allow job training to unemployed without jeopardizing benefits
Jobless New Jersey residents may soon be able to receive training from potential new employers without jeopardizing their unemployment benefits. The measure, scheduled to go before the full Assembly on Thursday, is part of a multi-bill package that proponents claim will create jobs and boost New Jersey’s economy. The plan is modeled after a Georgia [...]
Dec 14
Yahoo preparing to lay off 600 to 700 workers
USA TODAY SAN FRANCISCO (AP) — Yahoo‘s holiday trimmings will include 600 to 700 layoffs in the Internet company’s latest shake-up triggered by lackluster growth. Employees could be notified of the job cuts as early as Tuesday, according to a person familiar with Yahoo’s (YHOO) plans. The person asked for anonymity because Yahoo hadn’t made [...]
Dec 13
TJX to Cut 4,400 Jobs, Eliminate A.J. Wright Brand
Announcing job cuts right before the holidays is a Scrooge-like move, but the TJX Companies (TJX) just did it anyway. The discount clothing retailer said Friday it would consolidate its A.J. Wright division, converting its stores to those of its other brands or closing them, and cutting 4,400 jobs. The move will allow the company [...]
Dec 10
Ford to hire 1,800 workers at Louisville plant
LOUISVILLE, Kentucky (AP) — Ford (F) is the latest U.S. automaker to announce it is hiring again. Ford said Thursday that it will add 1,800 workers at a plant in Louisville to build the Escape, the second best-selling small SUV in the U.S. after the Honda CR-V. The automaker is investing $600 million in the [...]
Dec 06
Why employers won’t hire
NEW YORK (CNNMoney.com) — The problem with bringing down the stubbornly high unemployment rate is that employers are learning to do more with less. Employers still aren’t hiring enough. Just look at November’s disappointing employment report, which barely eked out a gain in jobs. Or better yet, look at the holiday workers at your local [...]
Dec 06
Senators say deal likely on extending tax cuts, jobless benefits
Washington (CNN) — Top senators from both parties indicated Sunday that a deal was likely soon on temporarily extending Bush-era tax cuts for all Americans, along with unemployment benefits that have expired. However, Republican senators made clear they are unlikely to budge in their opposition to other Democratic priorities in the final weeks of the [...]
Dec 02
Answers to questions about unemployment benefits
About 2 million Americans stand to lose their jobless benefits this month after Congress failed to pass an extension by Tuesday’s deadline. About 800,000 will be cut off by the end of next week, and 1.2 million will run dry by Dec. 31 if lawmakers don’t act. Here are answers to common questions: GRAPHIC: Unemployment [...]
Dec 01
Unemployment checks to 2 million to stop after December
About 2 million Americans stand to lose their unemployment checks by the end of December after Congress failed to extend benefits Tuesday, threatening to crimp consumer spending in a fragile recovery and critical holiday shopping season. A motion by Sen. Jack Reed, D-R.I., to pass an extension on a voice vote fell short. “Taking away [...]
