Union workers at Ford Motor Co. overcame early opposition to a new four-year contract with the company and overwhelmingly approved the deal in voting that lasted two weeks. More than 26,000 workers, or 63 percent of those who cast ballots, voted in favor of the pact, while almost 15,000, or 37 percent, opposed it, the UAW said [...]
Cautious analysts warned long-suffering shareholders of accident-prone BowLeven not to get too excited after the shares gushed to 123.25p before closing 45.50p or 60 per cent higher at 120.75p on news of a major discovery at Sapele-1 well offshore Cameroon. Even though the company said it has found oil and gas condensate in significant quantities [...]
Assets under management at investment firm Jupiter tumbled 10 per cent to £22.3billion in the past quarter as it fell victim to the stock market carnage over the summer. But Jupiter Fund Management stressed it had shown resilience in the face of declines for the FTSE 100, which fell 14 per cent in the three [...]
EDGEWATER, Colo. — Before the unraveling, Selena Blanco and her family felt secure in their hold on middle class life in this bedroom community just west of Denver. She and her husband both held professional jobs in industries that seemed sheltered from trouble, his in technology, hers in health care. Together they brought home $100,000 [...]
COLUMBIA, S.C. — Stay-at-home-mom Cindy DePace was just hitting 30 when she decided to return to the work force by going back to school and becoming a teacher. She loved working with kids, could be home in the summer with her own children and had always heard that someone with an education degree would never [...]
From 24/7 Wall St.: The job market has remained relatively stagnant since 2009. To make matters worse, the educational requirements of the average U.S. employer have increased consistently from 2005 to 2009, recently outpacing the growth of educated labor, a new report shows. This means that the average job now requires a higher level of [...]
NEW YORK — For Kate Johnson, any job felt better than no job at all. Shortly after graduating from the University of Wisconsin-Madison, Johnson opened up her laptop and began a months-long quest to find work. Over the course of the summer, while Johnson applied to nearly 50 different jobs, she only ever heard back [...]
Sixty-seven major progressive organizations have penned an open letter to President Barack Obama, asking him to “go big” as he prepares a new jobs plan, which he will announce in a major speech just after Labor Day. The groups — including MoveOn, Democracy for America, Rebuild the Dream and the National Council of Women’s Organizations — commend [...]
PRESS ASSOCIATION — The UK’s employment rate is struggling to return to pre-recession levels, the TUC has warned. Employment levels across the UK in April 2011, the latest available figures, were down 0.5% on pre-recession levels, the TUC said. The union organisation found that there was still great disparity between regions in the UK with [...]
NEW YORK (Lucia Mutikani) – New claims for unemployment benefits fell more than expected last week, dropping below the key 400,000 level for the first time since early April, according to a government report on Thursday that pointed to some labor market improvement. Initial claims for state unemployment benefits dropped 24,000 to a seasonally adjusted [...]
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