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More People Apply for Unemployment Benefits, Reversing Trend
By not in system - AOL NewsWASHINGTON -- More people applied for unemployment benefits last week, the first increase in three weeks. Still, the broader trend points to a slowly healing jobs market. The government says applications for unemployment benefits rose 27,000 to a seasonally adjusted 412,000 for the week ended April 9. That left applications at their highest point since mid-February. Applications near 375,000 are consistent with a sustained increase in hiring. Applications peaked during the recession at 659,000. The four-week average of applications, a less volatile measure, rose to 395,750. However, ...
US Experiencing Uneven Job Growth Across States
By not in system - AOL NewsWASHINGTON -- U.S. companies have added jobs for 12 straight months, giving some of the hardest hit states a lift. But the gains have been uneven and several states are still losing jobs. California and Michigan, which each suffered some of the worst losses during the recession, are adding jobs again. California last month had its single best month for job creation in more than two decades. Still, six states lost jobs from February 2010 through last month. Among the worst for job creation in that time were New Mexico and New Jersey, states that only a year ago were in the middle of the ...
Despite Employment Perils, US Is Finally Hiring -- for These Jobs
By Joseph Schuman - AOL NewsThe jobs may finally be coming back. After a financial crisis and recession that knocked more than 8.5 million people out of work and a faltering economic recovery that couldn't even produce enough new jobs to employ graduates and other new entrants to the labor force, the U.S. private sector last month created jobs at a healthy pace. Non-farm payrolls increased by 192,000 in February, the Labor Department reported today. And while budget-strapped state and local governments continued to issue pink slips at an alarming rate, the private sector added 220,000 new posts. The unemployment rate ...
Bernanke: Mideast Threat to US Economy Is Mild -- For Now
By Joseph Schuman - AOL NewsThe spike in fuel prices, sparked by Mideast turmoil, currently poses only a mild threat of broader inflation because the ailing U.S. jobs market has kept a lid on wages, Federal Reserve Chairman Ben Bernanke told Congress today. But a continuing rise in the prices of oil and other commodities like steel, cotton and food could threaten both the economic recovery and stability for the cost of daily life for most Americans, Bernanke said. "In the past few weeks, concerns about unrest in the Middle East and North Africa and the possible effects on global oil supplies have led oil and gasoline ...
Never List 'God' as a Reference on a Resume
By Matthew Hall - AOL NewsAdvice for a successful job search often includes the tip that it is who, rather than what, you know. Let's hope that explains some of the results from a study by an international recruitment agency that said one job seeker submitted a resume citing "God" as a professional reference, while another was written in rhyme. Recent global surveys by CareerBuilder.com and its British partner CareerBuilder.co.uk have revealed some of the more unusual resumes received by employers. Across the United States, hiring managers revealed that one applicant included "God" as a reference -- but did not ...
Opinion: The Jobs and Health Care Connection
By not in system - AOL NewsMaybe I'm a little slow on the uptake, but I finally just got what is bankrupting this country. It came to me when I was getting ready for bed and glanced over at my balled-up pair of arthritis gloves. In the past year, I've been diagnosed with rheumatoid arthritis. I'm on all kinds of supplements and drugs, but I thought I'd buy these simple pressure gloves made of elasticized cotton to see if they'd help with the pain in my hands. The gloves were inside out, with the stitching exposed; for some reason, they reminded me of my friends who are poor and crafty and make their own clothes or ...
Opinion Roundup: Will 'So Be It' Comment Hurt Boehner?
By not in system - AOL NewsAt a news conference on Tuesday, Speaker John Boehner answered a question about federal job loss in the event that House Republicans enact billions of dollars in discretionary spending cuts. "Over the last two years since President Obama has taken office, the federal government has added 200,000 new federal jobs," Boehner said. "And if some of those jobs are lost in this, so be it. We're broke. It's time for us to get serious about how we're spending the nation's money." From the Atlantic Wire Boehner's words -- "so be it" -- have been splashed across any number of websites ...
Opinion: 2 Ways to Win the Future
By not in system - AOL NewsWhen the latest job numbers came out, they continued to deliver bad news. Just 36,000 jobs were added last month, far short of what analysts predicted. Fortunately, the president has finally -- and wisely -- shifted his focus away from the issues that sent his party plummeting in the polls and put it back where it belongs: on the jobs Americans need and the way to create them. "At stake is whether new jobs and industries take root in this country, or somewhere else," Obama declared in the State of the Union. "The first step in winning the future is encouraging American ...
When Do Inflation, Debt Become Bigger Worries Than Jobs?
By Joseph Schuman - AOL NewsSo much for the jobs-jobs-jobs agenda. The epidemic unemployment gripping the the country may still be the top priority of the Federal Reserve. But other issues loom larger for the new majority in the House of Representatives, as Fed Chairman Ben Bernanke learned this morning in his first testimony of the year before a committee that has switched hands to Republicans. There was little change in Bernanke's outlook from his recent public comments -- an economy picking up steam, inflation that's tame and stubbornly high unemployment that's unlikely to abate anytime soon -- but his audience in ...
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