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Employment News

Employment News for April 12, 2012

  • 5 reasons to worry about the economy

    The Salt Lake Tribune » Tue, 10 Apr 2012 11:37:11 MDT

    5 reasons to worry about the economy By PAUL WISEMAN The Associated Press Updated Apr 10, 2012 11:37AM MDT Washington • Economists mostly shrugged off news that U.S. hiring slowed in March as a one-month aberration warped by warm weather. But what if they’re wrong? What if the sharp drop in job creation signaled something more ominous about the economic recovery? Investors appeared worried Monday. The Dow Jones industrial average lost 131 points on the first day of trading since the government said Friday that employers added just 120,000 jobs in March. That was only half the pace of hiring the econo... Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
  • U.S. economy adds 120K jobs, jobless rate at 8.2 percent

    The Salt Lake Tribune » Fri, 06 Apr 2012 23:29:24 MDT

    U.S. economy adds 120K jobs, jobless rate at 8.2 percent By PAUL WISEMAN The Associated Press Updated Apr 6, 2012 11:29PM MDT Washington • Employers pulled back sharply on hiring last month, a reminder that the U.S. economy may not be growing fast enough to sustain robust job growth. The unemployment rate dipped, but mostly because more Americans stopped looking for work. Employers added 120,000 jobs last month — half the December-February pace and well short of the 210,000 economists were expecting. The unemployment rate fell from 8.3 percent in February to 8.2 percent, the lowest since January 2009, but that was lar... Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
  • Co-op program helps students gain experience before graduation

    The Salt Lake Tribune » Sat, 07 Apr 2012 16:04:10 MDT

    Co-op program helps students gain experience before graduation Updated Apr 7, 2012 04:04PM MDT Since the economic downturn, one of the biggest problems for recent college graduates has been a dearth of real-world job experience. They may have degrees from well-respected institutions, but many have been unable to get jobs because employers would rather choose workers with experience in their industries. For the past 100 years, Northeastern University in Boston has had a program that addresses this issue. The institution partners with companies around the world as part of a co-op program t... Copyright 2010 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
  • Yahoo dumping 2,000 workers in latest purge

    The Salt Lake Tribune » Wed, 04 Apr 2012 22:05:29 MDT

    Yahoo dumping 2,000 workers in latest purge By MICHAEL LIEDTKE The Associated Press Updated Apr 4, 2012 10:05PM MDT Yahoo’s turnaround attempt is going to be messy. In his first three months on the job, CEO Scott Thompson has imposed the largest layoffs in the company’s 17-year history, reshaped the board of directors, picked a potentially disruptive fight with a major shareholder and sued Facebook for patent infringement. He says there’s even more upheaval to come. Thompson delivered a painful jolt Wednesday with a payroll purge of about 2,000 workers, or about 14 percent of Yahoo’s 14,100 employees. The cu... Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
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