Lockheed Martin Corp. said yesterday that it would eliminate 1,200 jobs to lower costs as it combines two units. The cuts represent less than 1 percent of the Bethesda, Md., defense contractor’s workforce of about 140,000. Employees affected will be notified by early April, the company said. Kim Martinez, a Lockheed spokeswoman, said the company’s [...]
With a still-weak economy and unemployment at 10%, the question is whether housing can rebound from its worst downturn since the Great Depression without the government propping it up. The Fed’s $1.25 trillion securities-buying program is scheduled to end early next year. “Right now, we’re not in a sustaining recovery,” says Lawrence Yun, chief economist [...]
Just like every Wednesday, we bring you a list of jobs available right now in our area! If you missed the show, you can find all of the open jobs listed below. Jobs available right now in our area: The Dubin Group is offering the following jobs Volunteer Recruitment Coordinator- Cherry Hill, NJ Account Manager- [...]
The hundreds of workers that were laid off from GM’s Boxwood Road plant near Newport, Delaware are now eligible to apply for a federal assistance program that offers training for other jobs. About 1,200 former workers will get the benefit, according to Dr. Ed Montgomery, the executive director of the White House Council on Automotive Communities [...]
In response to the steep drop in air travel as many people opt to stay put, American will cut 921 flight attendant jobs starting October 1st and Southwest will temporarily halt non-stop flights on 3 routes early next year. The airline industry suffered at least $6 billion in losses globally, in the first 6 months [...]
The Labor Department reported that more than $3.1 billion in stimulus funds are simply sitting in a federal trust fund because 23 states have neglected to expand their jobless benefits. According to the National Employment Law Project, that’s enough money to give benefits to nearly 350,000 unemployed Americans. Pennsylvania ranks among the top 5 states [...]
A report by the Labor Department just released this morning, shows that both first time unemployment claims and continued jobless benefit claims fell last week. Both figures are still above healthy levels, and analysts expect the unemployment to keep increasing, but it’s evident that layoffs are easing. Companies cut 247,000 jobs in July- no modest [...]
Tonight, from 6:30- 9 PM “The Ultimate Networking Event” is being held at Ladder 15 in Philadelphia- it’s a great event for both professionals and job seekers. There will be two speakers to help those who already have a small business, or those who are looking to build a small business. The cost is $20 [...]
The number of U.S. workers filing new claims for jobless benefits jumped unexpectedly last week sparking worries that the road to recovery, out of the worst recession in 7 decades, could be a long one. The Labor Department said initial claims rose 15,000 to a seasonally adjusted 576,000. Linda Duessel, a market strategist at Federated [...]
We’ve been hearing a lot about PA’s ongoing budget saga, but there’s another, more obscure legislative issue involving what some say is the most important piece of environmental legislation in PA. The pending law would strengthen clean-energy standards and put them on par with other states who have more ambitious requirements and would capitalize on [...]
Spending money wisely, from home repair to shopping
