The number of people applying for unemployment benefits plunged last week to the lowest level in nearly three years, continuing a downward trend that suggests hiring could pick up this year. Applications sank by a seasonally adjusted 36,000 to 383,000, the lowest point since early July 2008, the Labor Department reported Thursday. Some analysts cautioned [...]
As he heads into the May primary, Mayor Nutter is touting his success at bringing jobs to Philadelphia, including an announcement expected Wednesday that Urban Outfitters Inc. will add 1,000 jobs at the Navy Yard over the next three years. The expansion was expected, as Urban Outfitters, with help from the Philadelphia Industrial Development Corp. [...]
States and companies may get a little more help from Washington D.C. in dealing with high unemployment costs — at least for the next two years. The Obama administration is proposing waiving interest payments for two years on the $42.3 billion states have borrowed from the federal government to cover unemployment benefits. Some 30 states [...]
Companies planning to ramp up hiring this year will have an added luxury: their choice from a flood of applicants, without having to pay a premium for top talent. Unemployment remains near double digits, and there are nearly five unemployed workers competing for each available job. That is giving employers more confidence, while at the [...]
The government is expected to report Friday that businesses stepped up hiring in December, a trend likely to gain momentum in 2011. Economists are predicting that employers added a net total of 145,000 jobs last month and that the unemployment rate dipped to 9.7 percent. Some are even more optimistic after a private payroll firm [...]
Acme Markets told workers this week that it will close five unprofitable Philadelphia-area stores by the end of February, three in South Jersey and two in Pennsylvania – locations that union officials said had been hurt by Wegmans and other competing chains. The decisions “were made only after careful evaluation and were guided by what [...]
fter three years of economic pain, a growing number of economists think 2011 will finally bring what everyone’s been hoping for: More jobs and a self-sustaining recovery. “We’re looking at some leading indicators on employment, and they’re all flashing green lights,” said Bernard Baumohl of the Economic Outlook Group, a Princeton, N.J. research firm. Though [...]
Tax collections are surpassing projections, the clearest sign yet that state and local government finances are on the mend as the economy improves. Sharp rises in tax collections since July, especially in the last three months, have boosted tax revenues to levels not seen since 2008, a review of tax reports shows. Including federal aid, [...]
The president of Barton Career Advisors, Chris Barton, gives us some key tips on getting a job in 2011.
Are you tired of mass mailing or e-mailing your resume with no results? Kristin Kane of Kane Partners presented “Resume Results” on March 23 and gave us the inside scoop on how to tailor a resume to GET RESULTS. Now more than ever, it’s important to have a resume that grabs the attention of hiring managers, [...]
