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Tag Archives: employment

U.S. unemployment claims fall again

WASHINGTON — The number of people requesting unemployment benefits declined for the second straight week, suggesting that the slowing economy isn’t prompting widespread job cuts. New claims for unemployment aid fell last week by 6,000 to a seasonally adjusted 472,000, the Labor Department said today. Economists had expected a slight increase, according to a survey by Thomson Reuters. The four-week ...

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Survey: State has highest job supply/demand rate in U.S.

ACROSS MISSISSIPPI — Online advertised vacancies dropped 57,100 in August to 4,236,200, following an increase of 139,200 in July, according to The Conference Board Help Wanted OnLine (HWOL) Data Series. The gap between the number of unemployed and advertised vacancies (supply/demand rate) stood at 3.40 unemployed for every advertised vacancy in July (the last available unemployment data) but is down ...

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Coast hospital lays off nearly 50 workers

GULFPORT — Forty-seven employees have been laid off at Memorial Hospital in Gulfport. Gary Marchand, the hospitals president and CEO, says the layoffs came Friday and included 35 full-time employees. He says 10 nurses were laid off. Marchard said yesterday that Memorial Hospital is trying to offset an anticipated $11 million shortfall related to reimbursement reductions from Medicare and Medicaid. ...

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Construction industry continues to trim payroll

WASHINGTON — Construction employment declined in 276 out of 337 metropolitan areas between July 2009 and July 2010, according to a new analysis of federal employment data released today by the Associated General Contractors of America. The employment figures demonstrate the widespread decline in demand for construction services that continues to outpace stimulus-funded work, association officials noted. “There is no ...

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Budget cuts force layoffs at Southern Miss

HATTIESBURG — The University of Southern Mississippi will lay off faculty and staff and other reductions to address an anticipated reduction of $15 million in funding from the state in 2012. WDAM-TV in Hattiesburg reports that university president Martha Saunders outlined the reductions in a letter to faculty and staff. Saunders said in the letter that the planned were “especially ...

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Baptist gives pink slips to nearly 200 workers

JACKSON — Baptist Medical Center has given pink slips to 186 employees as part of its attempt to cut more than $16 million. CEO Kurt Metzner tells The Clarion-Ledger that the first pink slips came last week, and the latest ones came yesterday. He said those people can apply for 136 job openings. Metzner offered no explanation why those openings ...

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Summer youth employment hits historic low

WASHINGTON — From April to July 2010, the number of employed youth 16 to 24 years old rose by 1.8 million to 18.6 million, the U.S. Bureau of Labor Statistics reports. This year, the share of young people who were employed in July was 48.9 percent, the lowest July rate on record for the series, which began in 1948. (The ...

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Viking Range laying off more workers

GREENWOOD — A Viking Range Corp. executive confirms that the upscale appliance manufacturer has laid off 18 more workers in Greenwood. The Greenwood Commonwealth says Bill Crump, Viking’s director of government affairs and executive assistant to the president, confirmed the layoffs late last week in a one-sentence e-mail. He said most of the workers were temporary and the layoffs were ...

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Survey: Number of displaced workers soars

From Jan. 2007 through Dec. 2009, 6.9 million workers were displaced from jobs they had held for at least three years, the U.S. Bureau of Labor Statistics reports. This was nearly twice as many as were displaced for the survey period covering Jan. 2005 to Dec. 2007. In Jan. 2010, about half of displaced workers were reemployed, down from about ...

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U.S. unemployment claims down significantly

WASHINGTON — In the week ending Aug. 21, the advance figure for seasonally adjusted initial unemployment claims in the U.S. was 473,000, a decrease of 31,000 from the previous week’s revised figure. The four-week moving average was 486,750, an increase of 3,250 from the previous week’s revised average. The advance seasonally adjusted insured unemployment rate was 3.5 percent for the ...

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