jobs and the economy

Minimum Wage Goes Up Today! Buy Yourself 0.175 Gallons of Gas!

Tim Eavenson
July 24, 2008 15:34

The Federal minimum wage lurches up 70 cents today, from $5.85 to $6.55. As the title mentioned, that's about 1/5 a gallon of gas at $4/gallon. By next year, the minimum wage will be at a respectable $7.25 an hour. But given the rapid deterioration of the dollar and consumer confidence in a...

You Only Thought Things Were Bad: 2 Months of Job Rerports Adjusted Down

Tim Eavenson
July 03, 2008 21:00

The June jobs report (or "jobless report" depending on how pessimistic you are) came out today. The U.S. lost another 62,000 jobs last month. That's bad. But at least we expected it. Not like the rest of the numbers the government released today.Or, I guess, re-released.The Department of Labor...

Good News! Right?

Tim Eavenson
May 05, 2008 01:53

Less people lost their jobs last month than the month before! Right? That's great, right?! I mean, right?!!The monthly jobs report spurred a surge on Wall Street friday. Yes, the same report that said 20,000 people lost their jobs. I know that seems bad, but when analysts expect numbers in the...

ATA Files Bankruptcy, Strands Employees

Tim Eavenson
April 04, 2008 15:02

Lost your job in the recession "downturn"? At least you were in your home city when it happened. We try to stay impartial around here, but this has to be one of the biggest middle-fingers to a company's (former) workforce that we've seen in quite some time.Needless to say, the Pilot's union is...

Let's play catchup...

Tim Eavenson
March 25, 2008 03:04

In case you (we) missed it...The jobs outlook keeps getting worse, the NLRB only has 2 members, TV is slowly coming back (with the right contract), it's not a great time to be looking for a legal legal job (which is super), and the Supreme Court* decided that 401(k) participants were actually...