Companies in the U.S. cut an estimated 742,000 workers in March, pointing to no relief in sight for the labor market amid the longest recession in seven decades, a private report based on payroll data showed today. The drop in the ADP Employer Services gauge was larger than economists forecast and the most since records began in 2001. February’s reading was revised to show cut of 706,000 workers, up from a previous estimate of 697,000.
Apr 1, 2009 10:28 AM
Rug plant was big beneficiary of 2007 corporate reshuffle
Mar 30, 2009 11:11 AM
A new Lowe's store opening will net Nashville some 175 jobs:
A new Lowe's store has opened in northeast Nashville, creating nearly 200 jobs for Davidson County. Lowe's, located at 3460 on Dickerson Pike, unofficially opened to customers at 6 a.m. Friday. The store will bring 175 new jobs to the area.
Mar 27, 2009 11:17 AM
Karen Hawkins reports that the down economy has moved some women to make choice they might not have otherwise:
Employers across the adult entertainment industry say they're seeing an influx of applications from women who, like Brown, are attracted by the promise of flexible schedules and fast cash. Many have college degrees and held white-collar jobs until the economy soured. "You're seeing a lot more beautiful women who are eligible to do so many other things," said Gus Poulos, general manager of New York City's Sin City gentleman's club. He said he got 85 responses in just one day to a recent job posting on Craigslist. The transition to the nightclub scene isn't always a smooth one _ from learning to dance in five-inch heels to dealing with the jeers of some customers. Some performers said they were initially so nervous that only alcohol could calm their nerves. "It is like giving a speech, but instead of imagining everyone naked, you're the one who's naked," Brown, 29, said.
Mar 23, 2009 8:26 AM
Five Chairs' Mark Newsom offers some perspective to the old saw about one-page CVs.
A two-page resume is the smartest choice for the vast majority of job seekers who are above entry level, but below the executive level. Once someone has been in business for 10+ years – it is very difficult to keep everything on one page.
Mar 22, 2009 10:57 PM
From the AP:
Hundreds of job-seekers showed up at a recruiting event for the federal government's border patrol. A row of 30 computers was set up Saturday at a Memphis hotel, where potential employees applied online for the U.S. Customs and Border Protection.
Mar 22, 2009 7:05 PM
Big crowds showed up at two job fairs Thursday night thanks in part to Tennessee's unemployment rate, which tops the national average at 9 percent. Greer Stadium was getting closer to opening day as a record number of potential part-time workers filled the stadium's restaurant. The crack of the bat could lead to some extra money in the pockets of people who could really use the paycheck. "You name it, we pretty much have a bunch of positions here and a lot of folks interested in them," said Doug Scopel with the Nashville Sounds.All the job seekers hope to work the 72 home games that the Nashville Sounds will play this season.
Mar 20, 2009 9:14 AM
A former financial wizard find himself down on his luck:
Karpman's salary plummeted from six figures to $7.29 an hour -- plus tips -- but it's money that he's grateful to earn, even when it means delivering to neighbors or his old office building. "This whole progression down, it's amazing how many things you say, 'I can't do' and a week later you say, 'Yeah, I could do that,'" he said. "I'm not going to make a career out of this but, until I get something that pays more, this is what I'll do to keep food on the table." The stress has also taken a toll on their marriage. Stephanie Karpman said she didn't want her husband to leave his trader job in the first place and wishes he would have put more in savings. "There's no question of where the fault lies," Ken Karpman said. And when it comes to finger-pointing, "I point it in my direction. "If we didn't have to worry about the lights getting turned off, we can spend more time talking about us." Each day has brought new lows and new lessons in living with a little less "stuff" and a lot more humility. "The worst thing for me, for both of us probably, was, you know, to go to just friends around here, and say, 'Can I borrow some money?'" he said. "Pizza was a step up."
Mar 19, 2009 6:36 PM
More Tennesseans out of work as economy stumbles on
Mar 19, 2009 2:04 PM