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US Extended Mass Layoffs in the Second Quarter of 2009

added: 13-08-2009

Employers initiated 2,994 mass layoff events in the second quarter of 2009 that resulted in the separation of 534,881 workers from their jobs for at least 31 days, according to preliminary figures released by the U.S. Department of Labor's Bureau of Labor Statistics. Both the numbers of extended mass layoff events and associated separations were record highs for a second quarter (with data available back to 1995).

U.S. Job Openings and Labor Turnover

added: 13-08-2009

On the last business day of June, the number of job openings in the U.S. was little changed near a series low level of 2.6 million, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The hires rate at 2.9 percent in June was at the lowest point since the series began in December 2000. The total separations rate remained at a series low of 3.3 percent. This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector by industry and geographic region.

Economy Calls for Change in College Plans

added: 13-08-2009

One-third of students are changing their college plans because of the economy according to the 2009 Back to College survey. The nationwide survey, conducted by the nation's largest nonprofit full service credit counseling organization, Money Management International (MMI), measured the toll of the economy on students' plans for attending and paying for college.

Industrial production down by 0.6% in euro area

added: 13-08-2009

In June 2009 compared with May 2009, seasonally adjusted industrial production fell by 0.6% in the euro area (EA16) and by 0.2% in the EU27. In May production grew by 0.6% in the euro area and remained stable in the EU27.

New Consumer Reports Index Tracks the State of the American Consumer

added: 13-08-2009

Latest index finds decline in consumer sentiment, escalation of stress, and growing financial woes take toll on retail purchasing. Consumer Reports introduced a new monthly economic survey that tracks U.S. consumers' personal financial experiences, attitudes and activities.

UK Online Recruitment Holds Steady in July, According to Monster Employment Index

added: 13-08-2009

Online employment opportunities across the UK held steady in July, as recruitment remained largely unchanged for the fourth consecutive month. The overall European Index dipped one point in July and contracted by 40 percent year-on-year.

Deloitte Consumer Spending Index Points Upward in July

added: 13-08-2009

The Deloitte Consumer Spending Index rose in July, steered by falling unemployment claims and tax burdens, along with a rise in real wages. The Index attempts to track consumer cash flow as an indicator of future consumer spending.

By 2014, Asia-Pacific Region Will Have 39% of the World’s Cellular Towers

added: 13-08-2009

The Asia-Pacific region will see huge numbers of cellular towers built over the next five years, with demand driven by the massive, rapid increase in mobile subscribers in China and India. By 2014, according to a new study from ABI Research, the area will contain 39% of the world’s cell towers, in a Total Addressable Market worth nearly $125 billion.

Monster Employment Index Europe Edges Down, as Worker Demand Falls across Business Services Sector

added: 12-08-2009

Online recruitment activity across the European Union continued slowing in July as sluggish demand in Germany offset seasonal upticks in France and Italy. The Index’s year-on-year decline of 66 points (40 percent) represents the steepest annual drop on record, indicating the European labour market remains in contraction mode despite signs of stabilisation in some of the major markets. Sustained falls in sectors such as accounting, consulting, engineering, IT and R&D suggest many European businesses continue to rein in external costs and remain cautious about investing due to the uncertain economic climate.

New Poll Shows Two-Thirds of Americans Don't Think Government Health Care Will Cut Costs

added: 12-08-2009

Despite President Obama's efforts to position government-funded health care as a "cost-cutter" for all taxpayers, two-thirds of Americans think there are more effective ways to reduce health care costs, according to a national survey question released today by message research firm M4 Strategies.

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