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Tight job market for teens

The results of Junior Achievement USA’s 2008 Teens and Summer Jobs poll are in – and they’re not promising for young job seekers.
Retail and restaurant jobs that are usually held by teens are being taken by older adults who have lost other jobs.
Only 88.6 percent of teenagers polled said they […]

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Jobseekers taking less pay

For professionals seeking new career opportunities, it’s sometimes a double whammy. While the value of the dollar is shrinking, many job seekers – including in-demand technology specialists – must accept new positions at lower salaries than they did just a month ago, according to findings in the Jobfox survey of the […]

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Job losses reach high

WASHINGTON (AP) _ Employers buffeted by talk of recession slashed 80,000 jobs during March, the most in five years and the third straight month of losses.
At the same time, the national unemployment rate rose from 4.8 percent to 5.1 percent, the clearest signal yet that the economy might already be shrinking.
The […]

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Delta offers severance payouts to half its work force

The Associated Press
ATLANTA _ Delta Air Lines officials said today that they will offer voluntary severance payouts to roughly 30,000 employees – more than half its work force – and cut domestic capacity by an extra 5 percent this year as part of an overhaul of its business plan to deal […]

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County seeking judge applicants

The Fourth Judicial District is seeking applicants for a new county court judgeship that starts July 1.
The legislature created the new position last year to help address crowded El Paso and Teller county dockets.
Eligible candidates must live in El Paso County and must be admitted to the practice of law in […]

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Fed signals future rate cuts

The Associated Press
WASHINGTON_Federal Reserve Chairman Ben Bernanke warned Congress that the nation is in for a period of sluggish business growth and sent a fresh signal today that interest rates will again be lowered to steady the teetering economy.
“The economic situation has become distinctly less favorable” since the summer, the […]

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Visit “elite” site for 100K-plus jobs

A new Web site for job seekers is touting itself as the “go to” site for those looking to make more than $100,000 a year.
TheLadders.com advertises itself as an alternative to other sites that are overrun with unattractive, untalented, “average” workers.
Membership to the site costs $180 a year and restricts listings to […]

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Unemployment rate spikes to two-year high

A near stagnant hiring pace during December drove the nation’s unemployment rate up to 5 percent – a two-year high.
The U.S. Labor Department said employers added the fewest jobs to their payrolls last month in more than four years. Analysts believe the employment conditions are further deteriorating because of the housing […]

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Americans pocketed more money in 3Q 2007

Personal income growth grew to 1.4 percent during the third quarter of 2007 from 0.9 percent during the second quarter.
The Bureau of Economic Analysis is also reporting that state-by-state personal income growth rates during the third quarter ranged from 0.8 percent to 3.6 percent, with growth accelerating or holding steady […]

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December job cuts down 39 percent

December job cuts plunged 39 percent to 44,416 from 73,140 during November, making it the second lowest job-reduction total for 2007, behind the 42,897 during July.
The December figures were also 18.7 percent lower than the same month a year ago when employers announced 54,643 job cuts, according to a Challenger, […]

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