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Angry Workers Storm Air France Meeting On Job Cuts

Angry Workers Storm Air France Meeting On Job Cuts

By LIZ ALDERMAN Two executives had to flee a meeting at Air France offices near Charles de Gaulle Airport, where plans were discussed to cut about 2,900 jobs. Source: The New York Times – The New American Job Newsfeed

Target Cuts 1,700 Jobs Mostly At Minneapolis Headquarters

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Target Cuts 1,700 Jobs Mostly At Minneapolis Headquarters

By HIROKO TABUCHI — After a string of lackluster years, Target has announced its first round of layoffs, which will cost the company $100 million in severance payments. Source: The New York Times – The New American Job Newsfeed

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What Would Peter Drucker Say? Workers Pay For High Executive Salaries

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What Would Peter Drucker Say? Workers Pay For High Executive Salaries

By SAM PIZZIGATI— Peter Drucker, the analyst who founded modern management science, died in 2005 at age 95. When he died, business leaders worldwide hailed this Austrian-born American for his enormous contribution to enterprise efficiency and effectiveness. But Peter Drucker also cared deeply about enterprise morality. In his later years, he watched — and despaired — […]

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Spending Cuts For Most Programs Have Little Support, Sequester Looms

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Spending Cuts For Most Programs Have Little Support, Sequester Looms

Pew Center for the People and the Press– As the March 1 deadline for a possible budget sequester approaches, a new national survey finds limited public support for reducing spending for a range of specific programs, including defense, entitlements, education and health care. For 18 of 19 programs tested, majorities want either to increase spending […]

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Imports Helped Kill The Twinkie, Hostess Brands Workers Get Assistance

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Imports Helped Kill The Twinkie, Hostess Brands Workers Get Assistance

By WideWorldOfWork.com— Imports of cheap baked goods helped kill the Twinkie and the Ding Dong. A U.S. Department of Labor investigation has found that increased imports of baked products contributed importantly to Hostess Brands’ sales declines, worker layoffs and ultimately its bankruptcy liquidation. The DOL says that the approximately 18,000 workers laid off in 48 […]

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Hiring On Hold At Many Small Businesses, Cutting More Than Hiring

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Hiring On Hold At Many Small Businesses, Cutting More Than Hiring

Small business isn’t hiring: That’s one reason the U.S. employment situation isn’t improving. Nobody wants to hire new employees if they don’t have to. Small business owners lack the confidence the current state of the economy to take on new employees. Many businesses are also operating with fewer employees, having been forced to do so in […]

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SHRM Report: HR Professionals Expect A Little Hiring, Less Firing In October 2012

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SHRM Report: HR Professionals Expect A Little Hiring, Less Firing In October 2012

Another glimmer of positive news on the jobs front came this week from the Society for Human Resource Management’s monthly survey of HR professionals’ hiring plans. About three in 10 manufacturing and service-sector companies plan to hire in October 2012 according to a report from the Society for Human Resource Management (SHRM). The SHRM LINE […]

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Long-Term Unemployment — Lost Income, Lost Friends, Loss of Self-respect

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Long-Term Unemployment — Lost Income, Lost Friends, Loss of Self-respect

By RICH MORIN and RAKESH KOCHHAR, Pew Research Center– Long-term unemployment takes a much deeper toll than short-term unemployment on a person’s finances, emotional well-being and career prospects, according to a new Pew Research Center survey that explores the attitudes and experiences of workers who have lost jobs during the Great Recession. Of those who have experienced […]

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Daisy Pushers: Top 10 Dying U.S. Industries

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Daisy Pushers: Top 10 Dying U.S. Industries

Some industries simply aren’t participating in the recovery, says a recent report by IBISWorld, Los Angeles-based publisher and analyst of financial information. “In fact, some are pushing up daisies,” according to the report by Caitlin Moldvay and Douglas Kelly of IBISWorld. IBISWorld defines a dying industry as one in a declining life cycle, with both […]

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Work-Share Unemployment Benefits Proposed in Indiana

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Work-Share Unemployment Benefits Proposed in Indiana

From the Louisville Curior-Journal: A Indiana state legislator is suggesting the state adopt a program used elsewhere that allows workers to receive partial unemployment benefits if their employer reduces their work hours to avoid layoffs. The proposal is receiving a cool reaction from a top business lobbyist and the Republican chairman of the state’s unemployment […]

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