Nov. 30, 2010 at 11:38 a.m.
Filed under:
Autos,
Energy,
Jobs/employment
By Reuters
The Chevy Volt. (Bill Pugliano/Getty Images)
General Motors said on Tuesday it would hire 1,000 engineers and researchers in Michigan over the next two years to develop more electric cars and hybrids as it launched its battery-powered Chevrolet Volt.
“Volt clearly demonstrates that we are well on our way and it is especially true when it comes to the electrification of the automobile,” GM Chief Executive Dan Akerson said at a ceremony marking the start of production of the plug-in hybrid.
The Volt, which tops the Toyota Prius for fuel economy, is a first-of-its-kind vehicle that GM has touted as a symbol of its commitment to pushing for gains in fuel efficiency and developing new technology. Get the full story »
By Reuters
In this Sept. 20, 2010 photograph, people attend a job fair at a hotel in Boston. (AP Photo/Stephan Savoia)
New U.S. claims for jobless benefits barely rose last week and manufacturing activity in the country’s Mid-Atlantic region touched a near one-year high in November, more proof the economy was regaining momentum.
The improving economic picture also was enhanced by another report on Thursday showing a gauge of future activity increased 0.5 percent in October.
However, the data are not robust enough to deter the Federal Reserve from fully implementing its much criticized program to purchase $600 billion worth of government debt to push already low interest rates down to stimulate the economy. Get the full story »
Nov. 8, 2010 at 9:54 a.m.
Filed under:
Airlines,
Jobs/employment
By Reuters
US Airways Group Inc. said on Monday it plans to add a total of 500 flight attendants and pilots through a combination of new hires and recalls of furloughed workers. Get the full story »
Oct. 25, 2010 at 6:18 a.m.
Filed under:
Economy,
Jobs/employment
By CNN
The outlook for hiring is improving as U.S. businesses continue to report growing demand and increased profitability, according to a survey of leading economists. In its October industry survey, the National Association of Business Economists said Monday that employment conditions improved in the third quarter to the highest level since the start of the 2008-2009 recession. Get the full story »
Oct. 19, 2010 at 12:08 p.m.
Filed under:
Food,
Jobs/employment,
Real estate
By Alejandra Cancino
Tate & Lyle PLC, the maker of Splenda, announced Tuesday that it will open a $26 million innovation center in Hoffman Estates. The company plans to relocate about 80 employees from Decatur to Hoffman Estates, where an additional 80 jobs will be created. Get the full story »
Sep. 28, 2010 at 4:57 p.m.
Filed under:
Economy,
Jobs/employment,
Layoffs
By Reuters
U.S. chief executive officers’ view of the economy darkened in the third quarter, with top executives saying they were less willing to hire new workers as they fear sales growth will slow. Get the full story »
By Associated Press
Whenever companies start hiring freely again, job-seekers with specialized skills and education will have plenty of good opportunities. Others will face a choice: Take a job with low pay — or none at all. Get the full story »
Sep. 3, 2010 at 9:44 a.m.
Filed under:
Economy,
Jobs/employment,
Taxes
By Reuters
The White House on Friday greeted a better than expected August employment report as reassuring news after a recent spate of “unsettling” economic data, and reiterated it was working with Congress to take additional steps to boost U.S. growth and hiring. Get the full story »
Sep. 2, 2010 at 11:15 a.m.
Filed under:
Economy,
Jobs/employment,
Labor,
Layoffs
By Wailin Wong
Employment in Illinois may accelerate in the last quarter of the year, according to one survey by a California-based staffing firm.
A report released Thursday by Robert Half International said a net 12 percent of Illinois executives expect to hire more employees in the fourth quarter, an increase of 11 percentage points over sentiment measured in the third quarter. The company’s survey showed 19 percent of executives planned to staff up, while 7 percent were expecting to cut staff. Subtracting the 7 percent from the 19 percent generated the net 12 percent figure.
The Illinois figure reflects rosier sentiment in the state than nationally. Robert Half’s broad survey indicated that a net 6 percent of executives plan to increase hiring in the fourth quarter, up three percentage points from the third quarter. Get the full story »
Sep. 1, 2010 at 3:09 p.m.
Filed under:
Jobs/employment,
Manufacturing
By Associated Press
Caterpillar Inc. has formally opened a $140 million road grader plant in central Arkansas, a factory that the company built even though the economy went through the floor after it announced its intentions.
Caterpillar laid off 24,000 workers worldwide last year, but the North Little Rock plant stayed on course. Company officials say highway projects funded by stimulus money helped build demand for the new road graders.
Aug. 20, 2010 at 10:57 a.m.
Filed under:
Economy,
Jobs/employment,
Manufacturing,
Updated
By Associated Press
Caterpillar Inc. officials said Thursday they don’t expect a double-dip recession because the world’s central banks haven’t made major errors and the economy has been improving throughout 2010, especially in the developing world.
New CEO Doug Oberhelman and other executives met with analysts in New York and discussed the opportunities ahead for the world’s largest maker of construction and mining equipment. The Peoria, Ill.-based company also affirmed its long-term profit goals.
“We don’t think the world has ended,” said Oberhelman, who has been with Caterpillar since 1975. “We think there is going to be fantastic growth in our industry in the future.”
Aug. 11, 2010 at 1:06 p.m.
Filed under:
Jobs/employment
By Associated Press
Company job openings fell for the second straight month in June, a sign that hiring isn’t likely to pick up in the coming months.
The data comes after a weak employment report Friday that showed businesses aren’t adding enough new workers to bring down the unemployment rate, currently 9.5 percent.
Wednesday’s report, known as the Job Openings and Labor Turnover survey, or JOLTS, suggests that won’t change anytime soon.
July 13, 2010 at 9:54 a.m.
Filed under:
Government,
Jobs/employment
By Reuters
U.S. job openings slipped in May, but the hiring rate climbed to its highest level in nearly two years, government data showed Tuesday.
Job openings, a measure of labor demand, dipped to 3.21 million from 3.30 million in April, the Labor Department said in its monthly Job Openings and Labor Turnover Survey. Get the full story »
