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September 28, 2012
Number-crunchers over at the Bureau of Labor and Statistics realized today that between April 2011 and March 2012, there were 300,000 more jobs created than originally estimated.  If this upward revision is correct, President Obama is now in the green for job growth, having overseen a net gain in roughly 100,000 since taking office. This has just been an astonishingly bad week for Mitt Romney. source

Number-crunchers over at the Bureau of Labor and Statistics realized today that between April 2011 and March 2012, there were 300,000 more jobs created than originally estimated.  If this upward revision is correct, President Obama is now in the green for job growth, having overseen a net gain in roughly 100,000 since taking office. This has just been an astonishingly bad week for Mitt Romney. source

4:33 // 1 year ago
August 18, 2012

White House report on education jobs suggest startling losses

  • 300000 education jobs lost since 2009 source

» Hard times for educators: According to a report released today spearheaded buy the White House Council of Economic Advisers, as well as the National Economic Council and Domestic Policy Council,  the above figure represents the losses in educational jobs since June 2009. The report does originate from the White House team, and as such is expectedly supportive of the President’s proposal to stem this tide – a package of $25 billion to prevent further layoffs. The last few years have seen heavy cuts to public funding, largely pushed by conservative politicians during dire economic times, and thus public-sector jobs have dwindled in states and localities, driving up unemployment despite months of sustained (if underwhelming) private-sector job growth.

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16:37 // 2 years ago
August 17, 2012
10:04 // 2 years ago
August 7, 2012
15:13 // 2 years ago
July 10, 2012
BlackBerrys were in fact considered in the survey but given very few respondents reported being a BlackBerry user, their numbers were not statistically relevant. Of those considering themselves smartphone owners, only 9 percent reported being BlackBerry users.
Tucked away in this Obvious Survey is Obvious post over at POLITICO, which shows President Barack Obama has a commanding 49-31 percent lead over Mitt Romney among iPhone/Android users, is one of the saddest statistics about Research in Motion we’ve ever come across (via hypervocal)

Alternate headline: “Research argues against motion.”

(via hypervocal)

10:15 // 2 years ago
July 8, 2012

Despite educational push, high-flying science jobs hard to come by

  • push In recent years, the National Science Foundation and other major science-related groups have pushed for universities to churn out more scientists, and Obama has encouraged more science education in schools.
  • problem Unfortunately, lab-based science jobs are proving hard to come by — academic jobs are scarce, and the pharmaceutical industry has cut hundreds of thousands of jobs over the past decade. We’re talking about unemployed PhDs. source

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11:27 // 2 years ago
July 6, 2012

June’s unemployment rate, in one word: Unchanged

  • 8.2% unemployment rate in June (it’s unchanged)
  • 80k number of jobs created in June, according to the Bureau of Labor Statistics report
  • 77k number of jobs created in May, based on revised numbers; June was a marginal improvement
  • 100k number of jobs economists expected to be created in June; the sound of failure source

» Does little improvement = decline? That’s Ezra Klein’s argument on the report. “In this economy, little or no change isn’t good enough,” he says. “We added 80,000 jobs in June. That’s not enough to keep up with population growth. So, in the context of our growing workforce, the labor market lost ground last month.”

» Editor’s note: And because this comes up EVERY SINGLE MONTH, the unemployment rate above is the U3 unemployment rate, the standard that the Bureau of Labor Statistics uses. If you use the U6 unemployment rate (which includes people unemployed but not currently looking for work, or working part-time for economic reasons), it jumps to 14.9 percent, which is up from last month.

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10:16 // 2 years ago
July 4, 2012

Veterans could receive free education benefits under new program

  • 99,000 vets could get a free year of education source

» 13,000 have already been accepted: A new joint program between the U.S. Labor Department and the Department of Veterans Affairs could give out-of-work veterans a chance get back in the game for free. The Veteran Retraining Assistance Program offers an opportunity for vets between the age of 35 and 60 to get a free year of education on the government’s dime. The deal does have some conditions — the veterans can’t be receiving unemployment benefits already, and can’t already be receiving similar types of education. This is good; we need to do more to help vets.

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11:08 // 2 years ago
June 30, 2012
jcstearns:

According to a major story by This American Life, news companies have outsourced local news production to Journatic, a company that hires underpaid workers in the Philippines, and uses fake bylines to create local news for communities in the United States.
Sign the Petitionhttp://act.freepress.net/sign/journatic
Dear Sam Zell and the Tribune Company:
Don’t sell out local journalism. Stop outsourcing local news and put out-of-work local journalists back on local beats.

Stories made for 30 to 35 cents on the dollar: Read up about this on Romenesko and listen to the clip here. If 100 percent true, this basically makes up for the Mike Daisey thing.

jcstearns:

According to a major story by This American Life, news companies have outsourced local news production to Journatic, a company that hires underpaid workers in the Philippines, and uses fake bylines to create local news for communities in the United States.

Sign the Petition
http://act.freepress.net/sign/journatic

Dear Sam Zell and the Tribune Company:

Don’t sell out local journalism. Stop outsourcing local news and put out-of-work local journalists back on local beats.

Stories made for 30 to 35 cents on the dollar: Read up about this on Romenesko and listen to the clip here. If 100 percent true, this basically makes up for the Mike Daisey thing.

18:40 // 2 years ago
June 14, 2012

Life at Nokia: Massive layoffs, executive shuffling, lower Q2 profit forecasts

  • execs Nokia Chief Marketing Officer Jerri DeVard, Executive Vice President of Mobile Phones Mary McDowell, and EVP of Markets Niklas Savander will all be shown the door, effective June 30.
  • layoffs The company will layoff approximately 10,000 employees, primarily as a result of plant closures in Canada and Germany, as well as cutbacks to the company’s Devices & Services division.
  • profits Nokia also announced that the layoffs and executive shuffling would mean lower Q2 profits than anticipated. Expected restructuring costs of €1 billion for Q2 tripled to €3 billion. source

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14:16 // 2 years ago