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Entries in Hiring (51)

Thursday
Aug112011

Secret to Job Growth? Experts Say They've Got It

Jupiterimages/Thinkstock(WASHINGTON) -- The U.S. may have a job shortage but there's no shortage of ideas, now, for how to create more jobs.

With 25 million people looking for work and the unemployment rate stuck at 9.1 percent, the economy can't recover until the job engine is restarted.  The U.S. Bureau of Labor Statistics reported this week that there were only 3.1 million job openings in June.  The number is far below the number at the beginning of the recession (4.4 million in December 2007) and has been flat since February 2011.

President Obama devoted a weekend address to the need to reduce unemployment.  Jobs, too, will remain his topic on Thursday, when he travels to Holland, Michigan to inspect a Johnson Controls plant making advanced batteries -- an example, says the administration, of how jobs can be created by promoting green technology.

Though the president has said that deficit reduction must remain part of the country's economic strategy, he stressed in his weekend remarks that, "Our job right now has to be doing whatever we can to help folks find work; to help create the climate where a business can put up that job listing.  We've got to rebuild this economy and the sense of security that middle class has felt slipping away for years."

Ideas the Obama administration has put forward include a new tax credit that would give companies a financial incentive to hire veterans returning from the Iraq and Afghanistan wars; passage of free trade agreements now pending, which the president says would create jobs by boosting U.S. exports to Asia and South America; and putting unemployed construction workers back to work rebuilding America's roads, bridges, airports and other crumbling infrastructure.

His critics, however, maintain Obama's "new" ideas are anything but, and are faulting him for not implementing them yet. And the president himself took heat when he joked about his infrastructure plan's failure to create jobs. During a gathering of his Coucil on Jobs and Competitiveness in June, Obama joked, "Shovel ready jobs...was not so shovel ready."

Other job-creation schemes are circulating, some put forth by think-tanks and advocacy groups, others by unions, and still more from politicians of both parties.  Seemingly small steps, say advocates, could yield significant job increases.

Robert Atkinson, president of the Information Technology and Innovation Foundation, argues that merely by expanding the federal research and development tax credit, some 162,000 new jobs could be created in the near term.

Robert Borosage, co-director of the Campaign for America's Future, advocates putting young people to work by expanding Americorps and by creating new job-corps modeled on those of the 1930s -- "the modern equivalent of the WPA [Works Progress Administration]."  They would build or re-build parks, maintain wilderness areas and create public art.

Some of the most ambitious and wide-ranging ideas can be found in A Vision for Economic Renewal: An American Jobs Agenda.  The plan is the handiwork of Sen. Tom Harkin, D-Iowa, Reps. John Garamendi, D-Calif., and Leonard Boswell, D-Iowa, and a task force co-chaired by Leo Hindery, Jr., chairman of the Economic Growth/Smart Globalization Initiative at the New America Foundation.  Hindery insists the 15-point plan, "a far-reaching prescription," would create "something north of 20 million jobs."

On that list, Hindery's top recommendation is the creation of a national Infrastructure Bank (an idea favored, too, by many other job-creation experts).  The White House likes the idea of the bank.  So do Sen. John Kerry, D-Mass., and Rep. Rosa DeLauro, D-Conn., who have authored legislation that would call it into being.

Its loans would reduce the risk faced by private investors wanting to put money into ambitious infrastructure projects, thereby ensuring that private money would be available.

Hindery tells ABC News he thinks such a bank affords the single best opportunity now to create lots of private sector jobs.

"Each $1 billion such a bank might lend could create 40,000 jobs," he says.  With "fully $3 trillion worth" of U.S. infrastructure right now needing attention, many billions might be raised and loaned, many hundreds of thousands of jobs created.

Copyright 2011 ABC News Radio

Thursday
Jul282011

Fed's 'Beige Book' Report Finds Slow Economic Growth Across US

Comstock Images/Thinkstock(WASHINGTON) -- With a government default looming as lawmakers struggle to strike a deal to lift the nation's $14.3 trillion limit, Americans faced even more negative news about the economy on Wednesday.

The Federal Reserve said in its latest "beige book" report on the financial state of the central bank's 12 districts that two-thirds of these areas experienced slower economic recovery during June and the early part of July.

This follows a pattern since the start of the year when things began looking up due to increased holiday sales in December and companies starting to hire.  However, higher fuel costs, the natural disasters in Japan and unease throughout Europe and the Middle East grounded the modest recovery to a halt.

And yet, there was actually some good news in most of the regional districts watched by the Fed.

According to the "beige book," inflation pressure has eased throughout most of the U.S. and a drop in gasoline prices has meant that consumers are spending more in stores.

There was also a slight growth in hiring although the housing market, which triggered the recession in November 2007, remains weak.

Copyright 2011 ABC News Radio

Monday
Jul182011

Companies Look to Hire But Slow Recovery Predicted for Rest of Year

Comstock Images/Thinkstock(NEW YORK) -- The jobs picture in the U.S. appears to be getting better, with a new survey indicating that hiring will likely pick up through the rest of this year.

But, as economists warn, that doesn't mean the country's economy is out of the woods just yet.

In its latest survey released Monday, the National Association for Business Economics (NABE) reports that 43 percent of its respondents said their companies plan to add more workers to their payrolls during the second half of 2011.

Despite the increase in employment, economic growth is still predicted to be slower than anticipated for the remainder of the year.

"There's clearly a sense that the pace is going to be slower in 2011 than people were anticipating earlier in the year," said Tim Gill, an economist with the National Electrical Manufacturers Association.

The NABE attributes the sluggish economy to the March 11 earthquake and tsunami in Japan, and to the turmoil that has taken place in the Middle East.  Other dilemmas, as Gill points out, could also hamper further recovery.

"There are a number of clouds out there.  The fiscal situation in Europe certainly is one.  And the debt ceiling wrangling here in the U.S. is another," he said.

Copyright 2011 ABC News Radio

Wednesday
Jun152011

Government to Probe Hiring Records of 1,000 Companies

Stockbyte/Thinkstock(WASHINGTON) -- The Obama administration said Wednesday that it plans to crack down on companies hiring illegal immigrants.  The government notified 1,000 employers from all 50 states of plans to inspect employment records, reports The Wall Street Journal.

Declining to release the names of employers being audited, the U.S. Immigration and Customs Enforcement (ICE) will conduct the inspections to determine which companies have engaged in illegal hiring practices.

An ICE spokesperson said the audits will pay closest attention to industries essential to key domestic resources such as energy, agriculture, technology, healthcare and transportation.

"The inspections will touch on employers of all sizes and in every satiate in the nation, with an emphasis on businesses related to critical infrastructure and key resources," ICE spokeswoman Gillian Christensen said Wednesday.

If found to be hiring illegal immigrants, employers could be subject to both civil and criminal penalties, which could include fines and restriction from competition from government contracts, WSJ reports.  

Copyright 2011 ABC News Radio

Tuesday
Jun142011

Survey Hints at Job Gains in US in Upcoming Quarter

Stockbyte/Thinkstock(MILWAUKEE) -- Global workforce consultant ManpowerGroup says its most recent survey of hiring managers indicates “positive yet careful” hiring plans for the coming quarter in the United States, with jobs likely being added in nearly all states and cities.

“Although employers are not signaling dramatic upswings in hiring plans, there does seem to be hiring energy developing based on sustained year-over-year growth,” said Jonas Prising, ManpowerGroup president of the Americas, in a press release.

The percentage of U.S. employers who said they planned no change to their staffing levels fell below 70 percent for the first time in two years.  Employers continue to squeeze more out of existing workers, but fewer of them have the luxury to continue delaying adding jobs, Manpower said.

Of the 18,000 U.S. hiring managers surveyed, 20 percent anticipate adding to staffing levels.  The company said this level -- one in five employers adding workers in the next three months -- is the highest level of hiring intention since the economic recovery began.

Copyright 2011 ABC News Radio

Wednesday
May112011

Survey: More Jobs Available for Class of 2011

Ryan McVay/Digital Vision/Thinkstock(NEW YORK) -- The jobs market looks to be picking up for recent college graduates, as a new survey finds more companies are planning to hire this year.

The employment firm CareerBuilder.com says listings on its website are up 20 percent from a year ago.

"I think we've seen positive indicators across the board," says Jennifer Grass with CareerBuilder.  "And what's also encouraging is that 26 percent of them said they will offer a higher starting salary than they did in 2010."

So what fields are looking to hire?

"Employers pointed to information technology, customer service, sales, finance, accounting, marketing jobs, as well," Grass says.

She adds that they want graduates with strong verbal, writing and technical skills.

Copyright 2011 ABC News Radio

Tuesday
May102011

General Motors to Announce Hiring Blitz

Bill Pugliano/Getty Images(DETROIT) -- General Motors is launching a hiring blitz and updating plants in eight states. Jobs will include up to 2,000 new hires at the Chevy Volt Plant in Detroit-Hamtramck, and hiring could start in late summer and extend at least through 2012.

The automaker is expected to announce plans to create or retain more than 4,000 jobs at 17 facilities over the next two years.

The announcement will be made Tuesday at the Toledo, Ohio transmission plant, where GM will unveil plans for an eight-speed fuel-efficient automatic transmission.

Copyright 2011 ABC News Radio

Friday
May062011

Payrolls Add 244,000 Jobs in April; Unemployment Back at 9%

Stockbyte/Thinkstock(WASHINGTON) -- The nation’s employers increased payrolls by 244,000 during the month of April, beating economists’ expectations, a government report showed Friday.

The private sector, which factors out government layoffs and hiring, saw 268,000 workers added to payrolls -- the best monthly jobs growth from the private sector since February 2006.

The nation’s unemployment rate jumped, however, from 8.8 to 9 percent.

"The reason you get that," said economist Hugh Johnson, "is even though you get a very strong increase in the number of jobs, you get a much bigger increase in the labor force," or the number of those who are actively pursuing work.

Copyright 2011 ABC News Radio

Friday
Apr222011

Jobs: Tech Companies Are on a Hiring Spree

ABC News(MOUNTAIN VIEW, Calif.) -- Whoever said there is no free lunch obviously wasn't looking for a tech job these days. A lot of Silicon Valley companies offer free meals and much, much more.

"We have espresso bars, we have the shuttles, we have gyms," said Google recruiter, Christina Howard. "We have amazing classes to take. ... We have haircuts. The library comes in a bus to come and show us all the books. It's impossible to think of all the stuff because there's so much and it's great."

At job fairs, perks have become a big part of the sales pitch because tech companies are on a hiring spree and the competition for candidates can be fierce.

"There is incredible value in bringing in incredibly bright and talented people with raw ... intellectual skills and [a] passion for learning," said Howard. "We'll train you and we'll teach you about the space even if you don't have experience with it. But if you are willing to commit to an intensive learning experience and program, the growth opportunities are limitless here both for the company and for you personally. So there's a lot of opportunity to be had."

Google just rented 100,000 square feet of office space in Venice, Calif., the company is planning on adding 6,000 jobs. Economists say its presence will likely have a positive economic effect on the community.

Boris Petrov, a computer programmer, hasn't even graduated from the University of California, Berkeley, yet and already has several job offers.

"They're paying us disgusting amounts of money," said Petrov. "How great is it to do something you really love for $5,500 a month in your sophomore year of college."

The jobs not only are for engineers and technical wizards. There are jobs for English majors too.

"I've found that a Berkeley degree definitely ... helped me a lot," said Jeff Baker, a political science and history major who accepted a job doing sales for a software company.

No matter the position, the perks are what get people in and make them want to stay.

Facebook brags that a job at the company could make someone a Guitar Hero. While Zynga, the company behind the Facebook game Farmville allows employees to bring their dogs to the office.

Friday, Microsoft upped the ante, giving every employee a 10 percent raise -- except it turns out Google beat them to the punch and did the same thing months ago.

Copyright 2011 ABC News Radio

Wednesday
Apr202011

Hundreds Come Out to Chicago for McJobs

Justin Sullivan/Getty Images(CHICAGO) -- The Chicago area was like a lot of spots all over the U.S. Tuesday as tens of thousands of people showed up from all walks of life to try and get a job at McDonald's.

With the economic recovery still tepid and unemployment hovering around nine percent, there was no problem finding job seekers as McDonald's held its first national hiring day.  The goal was to employ 50,000 people in one fell swoop.

The fast food chain has about 450 restaurants in the Chicago area and 800 job openings.  At one location in Humboldt Park, an estimated 500 people showed up before the 3:00 p.m. deadline to take applications.

Salaries ranged from minimum wage to $50,000 annually for managers.  The people who showed up in Chicago and elsewhere ranged from high school students to unemployed people in their 40s, and some older.

Many of those who filled out applications had significant work experience, much of which would have made them overqualified for most McDonald's positions.

Copyright 2011 ABC News Radio







ABC News Radio