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Entries in Jobs (205)

Wednesday
Jun202012

Retail Workers for Apple Are Getting Pay Raises

Apple(NEW YORK) – After a company review period earlier this year, Apple Inc. has decided to raise the wages of its U.S. retail store employees by as much as 25%, according to The Wall Street Journal.  

U.S. full-time staffers who are paid between $9 to $15 an hour for retail sales and $20 an hour for the “Genius” tech support have had meetings with their managers as early as last week to discuss their work performance; raises would be implemented in the middle of July.

“Sales at Apple's retail stores have more than doubled, to about $14 billion last year from nearly $6.7 billion in 2009,” reports The Wall Street Journal.

Copyright 2012 ABC News Radio

Tuesday
Jun122012

Starbucks Sells Made in America Mugs to Create Jobs

Spencer Platt/Getty Images(NEW YORK) -- Starbucks' line of American-made merchandise went on sale in stores across the country Tuesday. The Indivisible collection, which will be sold from June 12 to July 9, features made-in-America coffee, mugs and tumblers.

Starbucks will donate a portion of each sale to its Create Jobs for USA Fund. The fund awards grants “to help create and sustain jobs in underserved communities throughout America.”

According to the company, the fund has already raised more than $11.5 million, which Starbucks used to get loans for about $80 million in financing. Starbucks estimates the fund has helped create or retain 4,000 jobs so far.

“In these troubling economic times, we believe that we can all do our part to help make a positive impact on the jobs crisis facing our country,” Starbucks’ CEO, Howard Schultz, said in a statement.

The ceramic mug retails for $9.95 and the tumbler is priced at $11.95. Starbucks will donate $2 from each purchase to the Create Jobs for USA Fund. Starbucks is also offering a pound of American coffee for $14.95, with $5 going to the fund.

Copyright 2012 ABC News Radio

Friday
Jun082012

Half of US Workers Ready to Seek Another Job, Survey Finds

Jupiterimages/Thinkstock(NEW YORK) -- In these uncertain times, not only is it good to get out while the going’s good, it’s also good to get out when things aren’t so good as evidenced in a survey of American workers conducted by insurance company Aflac.

After several years of recession and subsequent slow economic growth, 49 percent of workers revealed they are ready to take their services elsewhere during the coming year.

Virtually all of those planning to leave for new horizons consider themselves hard workers, while a solid majority also believe they are ambitious, highly educated and high achievers.

The survey should send up red flags, according to Aflac vice president of corporate services Audrey Boone Tillman, who warns employers that "their top talent has a pent-up desire to leave for what they believe to be greener pastures.”

Despite this, Tillman says that companies are slow to make changes or improvements that can keep their best workers from fleeing.

What’s most important to employees are benefit packages, with 84 percent saying that it would play a significant factor in staying or leaving.  Meanwhile, 43 percent claimed stress was a major part in their decision to seek a new job while a third complained about their company’s reputation.

Copyright 2012 ABC News Radio

Wednesday
Jun062012

Recent Graduates Say Future Looks Bleak

Ryan McVay/Digital Vision/Thinkstock(NEW YORK) -- The future looks bleak for many young people who’ve entered the workforce since 2006. 

A new survey of high school graduates from the John J. Heldrich Center for Workforce Development at Rutgers University finds only three in 10 are employed full time, compared with all college graduates, who are employed at nearly twice that rate.

Some 73 percent of high school grads think they need more education to have a successful career. 

According to a Heldrich survey released in May, only one fifth of recent graduates of four-year colleges and universities said their generation will have more success than the generation before them.  More than twice as many -- 58 percent -- said they will have less financial success than the previous generation. 

The reports find the situation facing less-educated young people appears to be far worse than it is for college grads.

Copyright 2012 ABC News Radio

Tuesday
Jun052012

Obama Camp Accuses Romney of ‘Breathtaking Hypocrisy’ on Jobs

ABC/ Ida Mae Astute(WASHINGTON) -- Which candidate for president inherited a contracting economy during his first term in office and presided over a gradual recovery that turned job losses to gains?

The answer: Both President Obama and former Massachusetts Gov. Mitt Romney.

How quickly those jobs were added and how the gains compared to those achieved by their predecessors and peers is, however, the subject of intense debate between the rival presidential campaigns.

Romney has assailed Obama for an unemployment rate lingering above eight percent and regularly blames him for a net loss of hundreds of thousands of jobs since taking office.

Obama has been hammering Romney for Massachusetts’ 47th out of 50 ranking in job growth when he was governor -- a rate below the national average and lower than when he took office, dragged down by job losses early in his term.

But Republicans, in defending Romney’s record, appear to be pushing a double standard -- effectively claiming the governor should not be judged for the losses in his first year in office while President Obama should.

Romney campaign advisers insist Democrats’ attack on Romney’s performance while governor, as featured in a new Obama campaign TV ad, glosses over what was an upward employment trend on Massachusetts jobs between 2003 and 2007.

“They’re averaging out over the four years so they’re bringing down the gains of his fourth year in office, which shows the real impact of his policies and diluting it with the first year in office when he came into office and it was 50th in job creation,” Romney adviser Ed Gillespie said on Fox News Sunday.

Labor Department data shows that in 2003, as Romney took office, Massachusetts ranked at the bottom of states in job creation. Four years later, it ranked 30th -- an upward trend seemingly lost in the average 47th ranking for 2003-2007 when Romney was in office.

“@MittRomney inherited a bad economy AND MADE IT BETTER,” Romney spokeswoman Andrea Saul said on Twitter. “Obama hasn’t. 4.7% vs 8.2% unemployment. #BigDifference.”

Democrats argue that if trends matter most -- particularly to account for inherited economic losses -- then the Romney campaign isn’t giving Obama credit where it’s due.

“They use a different standard to assess President Obama’s record,” says deputy Obama campaign manager Stephanie Cutter in a new Web video. “We know he inherited an economy exponentially worse than what Mitt Romney inherited. Yet these same people blame the president for job losses that occurred in January 2009 -- the very month he was inaugurated and months before any of his policies took place.

“The hypocrisy is breathtaking, even for Romney,” she says.

The U.S. economy -- in the middle of an 18-month recession -- shed 800,000 jobs the month Obama took office and several months that followed.  Since March 2010, it has added private sector jobs each month, totaling 4.3 million jobs over 27 months, according to Labor Department data.

While Obama took office with unemployment at 7.8 percent, it was quickly on the climb, reaching 10 percent in October 2009 at the height of the recession. Since the February 2009 Recovery Act took effect and other economic stimulus measures followed, unemployment has slowly declined, now holding at 8.2 percent last month.

“President Obama took office in the midst of the worst recession since the Great Depression. The country had lost nearly 4 million jobs in the six months before he took office,” Cutter says. “So the question really is, are they kidding? Or, do they expect people to take this seriously?”

While the campaigns duke it out over jobs records, however, voters may be more focused on whether they personally have a job and what the candidates’ plans mean for their future.

According to the most recent ABC News/Washington Post poll, 52 percent of Americans said the economy is the single most important issue in their vote, with preferences for Obama and Romney dividing along economic sentiment.

Among voters who are more hopeful than anxious about the country’s economic future, Obama leads Romney, 59 to 37 percent.  Those who are more anxious prefer Romney, 61 to 33.  (Fifty-seven percent of registered voters identify as more hopeful, according to the poll.)

A similar dynamic is seen among voters when asked about their view of the jobs picture in their area. The more jobs are seen as available, the more likely voters are to back Obama. Those who see a “very” difficult job picture back Romney, 63 to 33 percent.

Copyright 2012 ABC News Radio

Friday
Jun012012

Honeywell CEO: Debt Biggest Drag on Jobs, Obama

Joshua Roberts/Bloomberg via Getty Images (GOLDEN VALLEY, Minn.) -- David M. Cote, the CEO of Honeywell, one of the nation’s largest and most profitable employers, Friday called looming massive debt in Europe and the U.S. -- and the lack of political will to deal with it -- the greatest drag on job creation around the country.

“This is a case with both parties where they say, ‘Boy, am I glad the hole is on your side of the boat.’ But we’re all in the same boat, and the hole needs to get fixed,” Cote said in an interview with ABC News ahead of President Obama’s visit to the Honeywell facility in Minnesota.

“The debt creates a lot of uncertainty. It just causes people, investors, to say, ‘Ah, I think I’m going to wait.  And as long as you get enough people saying [that] then you end up getting this slowdown,” he said, referring to the May jobs report that showed an anemic 69,000 jobs created last month.

“We need to be making investors feel confident again … and you do that by addressing European debt and the U.S. debt,” he said.

Cote, whom Obama appointed to the National Commission on Fiscal Responsibility and Reform (a.k.a. the Bowles-Simpson Commission) in 2010, has long advocated an elixir of spending cuts, entitlement reforms and tax hikes to fix the problem.

He voted in favor of the commission’s draft plan, which included those elements. But it failed to receive support from enough of the panel’s 18 members to receive a formal endorsement. Neither Obama nor Congressional leaders in either party embraced the entirety of the committee’s plan.

Asked what advice he might have for Obama on how to improve the jobs picture, Cote demurred on specifics but said the president already knows the answer “very well.”

“He understands we need to get to a point where we resolve the debt on both sides of the ocean. That is the most compelling big thing we can do. Everything else we talk about is little stuff compared to that,” he said. “That is the big nut.”

But if Obama’s message on jobs and the economy Friday was any indication, that is not at the top of his pitch to the American people.  While at Honeywell, the president Friday continued to call for a patchwork of new tax incentives and spending programs to boost job growth.

“If we don’t resolve our own debt problem, it would be very easy to foresee a five-year future of two percent GDP growth and eight percent unemployment,” Cote warned.

Speaking of Honeywell’s hiring outlook as an example, Cote said, “We’re still going to be cautious hirers, generally, for the same reasons that we just talked about. You can’t be positive about the economic environment going forward, so it causes all of us, when you see a slow orders picture, you have to be very careful on hiring.”

Honeywell, a Fortune 100 company, is a $38 billion operation that employs 132,000 workers around the globe, including roughly 60,000 in the U.S., according to a company fact sheet. It creates and manufactures high-tech consumer products, including turbochargers for cars, thermostats for homes and navigation controls for commercial planes.

Copyright 2012 ABC News Radio

Friday
Jun012012

Employers Added 69,000 Jobs in May; Unemployment Rate Up to 8.2%

Tim Boyle/Getty Images(WASHINGTON) -- The nation's jobs picture dimmed in May as employers added just 69,000 jobs and the unemployment rate ticked up to 8.2 percent. The latest numbers are a continuation of a long, slow employment recovery that began 33 months ago.

Economists had expected 150,000 new jobs and the jobless rate to stay at 8.1 percent, according to Bloomberg. Stocks, which had their worst month in two years in May, fell on the news with the Dow Jones industrials set to open down nearly 190 points.

Last month, the Labor Department reported 77,000 jobs were added in April, revised down Friday from 115,000 for an unemployment rate of 8.1 percent, a drop of one-tenth of a point from the previous month.

Economists generally agree that a healthy economy must create at least 200,000 jobs a month and the unemployment rate needs to fall to six percent or below -- something the U.S. hasn't seen since before the financial meltdown of 2007-2008.

Copyright 2012 ABC News Radio

Thursday
May312012

Tattoo Removal Booms in Slow Job Market

Fredrik Skold/Getty Images(NEW YORK) -- With the job market recovering but still shaky, people with tattoos find it even harder to get hired, prompting them to reconsider their body art.

According to The Patient’s Guide, a website comprised of 25 niche publications dedicated to skin care, laser tattoo removal has increased 32 percent over the past year, with many citing employment as a main reason for the treatment.

Dr. Jen Mundt of Delete Tattoo Removal in Phoenix said she sees about 20 to 22 people a day looking to remove their tattoos for prospective jobs.

“The trend I’ve noticed the most is usually college students who have finished their education, and it’s a mistake they made a few years ago, and they’re looking for a job,” Mundt told ABC News.  “And, people who have lost their jobs and are trying to get back into the workforce and gain an edge.”

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Mundt said her clients are primarily concerned with tattoos that are located on the wrist and neck.

She uses laser treatment to get rid of tattoos and said it takes on average about 10 appointments to completely remove a tattoo, with appointments taking place every six weeks. The process can take up to an hour each time.

She said the pain is almost unbearable without the use of a numbing agent, which is injected into the skin prior to the laser zapping the ink.

“The pain is like a really hot band snap with hot burning grease on the end of it,” she said.

Prices vary based on size, but could reach up to $200 per session. Mundt said that although the price is high, especially for the unemployed, it should be viewed as an investment in one’s future.

“It’s like going back to school, yes you can go into debt, but removing your tattoo might help you get along further in your career,” she said.

Copyright 2012 ABC News Radio

Wednesday
May232012

HP Announces 27,000 Job Cuts

PRNewsFoto/HP(PALO ALTO, Calif.) -- Tech giant Hewlett-Packard Co. plans to cut 27,000 employees after revealing that third-quarter results will be lower than expected.

The company outlined plans after the close of the stock market for a “multi-year productivity initiative designed to simplify business processes, advance innovation and deliver better results for customers, employees and shareholders.”

The world’s largest computer maker, based in Palo Alto, Calif., had 349,600 employees as of Oct. 31, 2011.

The announcement was expected by the media and analysts after unconfirmed reports of layoffs last week. HP said it expects “approximately 27,000 employees to exit the company, or 8.0 percent of its workforce as of Oct. 31, 2011, by the end of fiscal year 2014.” The total number of employees affected will be lower because employees are being offered an early retirement plan. Since replacing former chief executive Leo Apothekar in September, HP CEO Meg Whitman has announced declining computer sales amid sharp competition from Apple Inc. and other electronics makers.

“These initiatives build upon our recent organizational realignment, and will further streamline our operations, improve our processes, and remove complexity from our business,” Whitman said in a statement. “While some of these actions are difficult because they involve the loss of jobs, they are necessary to improve execution and to fund the long term health of the company. We are setting HP on a path to extend our global leadership and deliver the greatest value to customers and shareholders.”

Hewlett-Packard stock has dropped 18 percent this year. Its shares fell 3.2 percent Wednesday to a closing price of $21.08.

The computer company reported sales fell three percent in its second quarter, which ended in April, to $30.7 billion.

Copyright 2012 ABC News Radio

Wednesday
May232012

More Americans Removing Tattoos in Hopes of Employment

Robert Ginn/Getty Images(NEW YORK) -- Got a tattoo?  Thinking about getting rid of it?  You're not alone.

According to a survey conducted by The Patient’s Guide, an online skincare reference center, laser tattoo removal procedures have soared by 32 percent this year compared to 2011.

One of the major factors behind this sudden flurry of Americans seeking to remove their ink is the search for work.

Dr. Eric Bernstein, a renowned laser expert from the University of Pennsylvania, says that patients have been telling him “their tattoos are affecting their professional lives.  Many feel that their body could be holding them back and this has resulted in more folks seeking tattoo removal.”

Collecting information from 700 participants in the survey, The Patient’s Guide reveals that employment reasons accounted for 40 percent of those who had tattoos zapped -- up 25 percent from last year.

Other categories included "Name of Ex-Partner/Spouse" (18 percent), "Change of Beliefs" (16 percent) and "Unhappy/Don't Like it' (11 percent).

Copyright 2012 ABC News Radio

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