A Closer Look

In The News | U.S. Unemployment Rises to 8.2% in May, Global Talent Pool in 2020, Layoffs at GM, Mazda, Bombardier Recreational, United Airlines and Windstream and Much More

Unemployment rises to 8.2% in May as job growth stalls again – latimes.com

WASHINGTON — The nation’s unemployment rate rose for the first time in nearly a year, to 8.2% in May, as the economy added a disappointingly small number of jobs for the third straight month.

The government said Friday that employers created on net just 69,000 jobs last month — less than half of what analysts were expecting. What’s more, the Labor Department revised downward the job-growth numbers for the prior two months, putting the average monthly job growth at 96,000 for the last three months. In the prior three-month period, from December to February, the economy added an average of 252,000 jobs a month.

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OECD educationtoday: What will the global talent pool look like in 2020?.

reuters.com – Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, p…

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GPC plans layoffs to close $25 million budget deficit

championnewspaper.com – Georgia Perimeter College (GPC) is planning to lay off 185 people to help close an anticipated budget deficit of approximately $25 million next year. Interim President Rob Watts announced his plan …

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Migrants are losing hope in a better life|Comment

chinadaily.com.cn – Yesterday the young man delivering mineral water for our office said he was going to quit his job. He would be the second to do so this month. “I can tolerate the pay, although it is merely enough …

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businessweek.com – United Airlines will cut 1,300 jobs and reduce flying in Houston after losing a fight to block Southwest Airlines Co. from adding international flights there. United uses Bush Intercontinental Airp…

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Merger to Cost 100s of Teaching Jobs?

myfoxmemphis.com – Memphis, Tn – The Transition Planning Commission approved a plan Thursday which would cut hundreds of jobs to help fill the 67 million dollar budget gap for the new Unified School District. The pla…

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BAE Systems says to cut 620 jobs in Britain

spacewar.com – Arms manufacturer BAE Systems on Thursday said it planned to cut 620 jobs and shut a factory making armoured vehicles in Britain following government cuts to military spending. “Subject to consulta…

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World Bank: Croatia is in a deep recession

emg.rs – Croatia is currently in a very deep recession, but joining the EU will significantly increase its possibilities to receive financial support and attract investment. Those are the views of Peter Har…

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Obama versus Romney on job creation – The Washington Post

washingtonpost.com – The Obama campaign this week launched an attack on Mitt Romney’s record as Massachusetts governor, calling particular attention to his records on jobs. We will fact check this latest web video in d…

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India’s Stagflation Problem – India Real Time – WSJ

blogs.wsj.com – In the wake of India’s disappointing GDP numbers, some economists are forecasting growth this calendar year will fall below 6% while inflation remains high. That’s a pretty big deal. Five-point-som…

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World of Work Report 2012

brookings.edu – The World of Work Report provides a comprehensive analysis of recent labor market and social trends, assesses risks of social unrest, and presents employment projections for the next five years. Th…

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Young Americans Shouldn’t Support Obama

therightsphere.com – High school students who are eligible to work officially have the highest rate of unemployment out of any other group in America. In 2012, America is lead by President Obama, and his unsurpassed wi…

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Obamanomics: Unemployment Claims Up, GDP Down

breitbart.com – New unemployment claims unexpectedly jumped last week, indicating a pickup in layoffs, a worrisome sign ahead of Friday’s important jobs report for May. Adding to the dreary economic news, the gove…

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Report: LI slow in regaining jobs lost in recession

newsday.com – Originally published: May 31, 2012 7:50 PM Updated: May 31, 2012 10:26 PM By JAMES T. MADORE  james.madore@newsday.com Long Island lags most of New York State in regaining jobs lost in the recessio…

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German Unemployment Steady In May, Jobless Rate Falls

rttnews.com – 5/31/2012 6:18 AM ET (RTTNews) – The number of persons out of work in Germany remained unchanged in May, while the jobless rate ticked down suggesting that the economy’s strong resilience to the tu…

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Business

The Austerity Agenda – NYTimes.com

nytimes.com – “The boom, not the slump, is the right time for austerity.” So declared John Maynard Keynes 75 years ago, and he was right. Even if you have a long-run deficit problem — and who doesn’t? — slashing…

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Discussion

2 thoughts on “In The News | U.S. Unemployment Rises to 8.2% in May, Global Talent Pool in 2020, Layoffs at GM, Mazda, Bombardier Recreational, United Airlines and Windstream and Much More

  1. but still no job, i am not rough or stupid and i am potlie but i still have no job, this is worrying me as when i am asked what i am currently doing its hard to say i have been on job seekers for the past year without sounding lazy. i am now in the situation of needing a job to stay where i live as job seekers is only enough to pay the bills and i find myself not eating some days and have been fainting due to this, i really need to get a job and quick, any suggestions?

    Posted by tomoe | June 19, 2012, 11:07 am
  2. great post

    Posted by Leonard Marks | July 15, 2012, 6:51 pm

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