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NYS unemployment rises to 9%

Thu, 19 Nov 2009 20:05:59 GMT

New York's unemployment rate inched to 9 percent in October from 8.9 in September.

Dunlop likely to increase production

Thu, 12 Nov 2009 20:33:32 GMT

Goodyear Tired has announced the closing of a plant in Spartanburg, S.C. which means an increased workload for the western New York facility and another in Georgia.

Obama announces 'forum' on finding jobs

Thu, 12 Nov 2009 15:42:10 GMT

President Barack Obama announced Thursday that he'll host a White House summit next month on combating the chronic joblessness that continues to be a drag on a struggling economy.

Fewest jobless claims since January

Thu, 12 Nov 2009 13:55:59 GMT

New claims for unemployment insurance fell more than expected last week, evidence the job market is slowly healing as the economy recovers.

Sprint to slash 2,500 jobs

Mon, 09 Nov 2009 21:12:35 GMT

Sprint Nextel Corp is planing to slash up to 2,500 workers by year's end. The cell phone-service provider looks to cut annual costs by at least $350 million.

Pam Am games could create 1,500 jobs

Mon, 09 Nov 2009 19:19:40 GMT

Toronto has won the bid to host the 2015 Pan Am games but the prize will be a real boost to Canadian cities all around the Golden Horseshoe.

Obama signs $24B economic package

Fri, 06 Nov 2009 16:45:36 GMT

President Barack Obama signed into law a $24 billion economic stimulus bill providing tax incentives to prospective homebuyers and extending unemployment benefits to the longtime jobless.

Stocks drop on unemployment rate news

Fri, 06 Nov 2009 14:58:45 GMT

Stocks fell in early trading Friday after the government said more jobs were lost in October than expected, pushing the unemployment rate above 10 percent for the first time since 1983.

Interactive: Monthly Unemployment

Fri, 06 Nov 2009 14:35:58 GMT

Monthly unemployment figures as released by The Bureau of Labor Statistics.

Jobless rate tops 10 percent

Fri, 06 Nov 2009 13:36:56 GMT

The unemployment rate has hit double digits for the first time since 1983 — and is likely to go higher.

$24B econ package on its way to Obama

Thu, 05 Nov 2009 19:30:01 GMT

Congress took further steps to right the staggering economy by expanding a popular tax credit for homebuyers and extending unemployment checks for the growing legions of people running out of benefits with few job prospects.

New jobless claims lowest since January

Thu, 05 Nov 2009 13:38:11 GMT

The number of newly laid-off workers filing claims for unemployment benefits last week fell to the lowest level in 10 months, evidence that job cuts are easing as the economy slowly heals.

Congress set to clear aid to jobless

Thu, 05 Nov 2009 12:08:07 GMT

Congress is one vote away from sending the president legislation that continues aid to more than a million jobless people and extends tax breaks to hundreds of thousands of prospective homebuyers and struggling businesses.

Say Cheese: Yancey's Fancy to expand

Wed, 04 Nov 2009 17:37:46 GMT

The Town of Pembroke in Genesee County will receive $166,000 in New York state grants to help Yancey's Fancy, Inc. expand, create 15 Jobs

U.S. Census recruiting hundreds

Tue, 03 Nov 2009 21:56:17 GMT

The U.S. Census Bureau is soon coming knocking and they need thousands of recruits to help with the daunting task of counting people.

Johnson and Johnson to slash workforce

Tue, 03 Nov 2009 14:14:23 GMT

Johnson & Johnson said Tuesday it will trim layers of management, cut jobs, and set other restructuring moves in order to save up to $900 million next year.

Medical supplier sheds dozens of jobs

Tue, 03 Nov 2009 12:44:46 GMT

The Glens Falls Chronicle is reporting that Navilyst Medical, which took over the former Boston Scientific catheter plan in Glens Falls in December 2007, has eliminated dozens of jobs.

Millions without sick leave fear H1N1

Mon, 02 Nov 2009 13:11:44 GMT

As the swine flu spreads across the nation, a large segment of the American work force will face a tough choice about whether to call in sick or simply muddle through.

Seneca Nation builds business near Cuba

Mon, 02 Nov 2009 12:28:18 GMT

The Seneca Nation of Indians broke ground near Cuba, NY at an area known as Oil Springs Territory for a new $2.5 million One Stop gas station and convenience store.

White House: 650,000 jobs created/saved

Fri, 30 Oct 2009 12:56:25 GMT

The White House says new job numbers will show the president's economic stimulus plan has directly created or saved about 650,000 jobs.

High unemployment restrains wage growth

Fri, 30 Oct 2009 12:43:57 GMT

Wages and benefits rose by the smallest amount on record in the 12 months ending in September, as high unemployment limits the income growth of workers still receiving paychecks.

Stimulus jobs overstated by thousands

Thu, 29 Oct 2009 14:37:33 GMT

An early progress report on President Barack Obama's economic recovery plan overstates by thousands the number of jobs created or saved through the stimulus program.

Labor market continues to remain weak

Thu, 29 Oct 2009 12:40:36 GMT

The number of people claiming jobless benefits for the first time dropped less than expected last week, evidence that the labor market remains weak even as the economy is recovering.

US Airways to slash 1,000 jobs

Wed, 28 Oct 2009 21:14:05 GMT

Struggling US Airways said Wednesday it will cut some 1,000 jobs next year, shift nearly all of its flying to its three hubs and Washington, and suspend several international routes.

Job picture fuels slide in confidence

Tue, 27 Oct 2009 17:02:07 GMT

Consumers' confidence about the U.S. economy fell unexpectedly in October as job prospects remained bleak, a private research group said Tuesday, fueling speculation that an already gloomy holiday shopping forecast could worsen.

Caterpillar cuts 2,500 laid-off workers

Mon, 26 Oct 2009 16:36:40 GMT

Caterpillar Inc. said Monday about 2,500 laid-off employees will be permanently cut from the company and 550 others will be brought back to work by the end of next year.

Caterpillar cuts 2,500 laid-off workers

Mon, 26 Oct 2009 16:22:35 GMT

Caterpillar Inc. said Monday about 2,500 laid-off employees will be permanently cut from the company and 550 others will be brought back to work by the end of next year.

Toronto area Ford plant idled for week

Fri, 23 Oct 2009 13:39:49 GMT

A union spokesman says Ford Canada's Oakville plant will be idled for one week starting Monday due to a shortage of parts.

Electric cars to jolt NYS economy

Fri, 23 Oct 2009 13:23:07 GMT

The Reva Electric Car Co. will work with Bannon Automotive, of Freeport, N.Y., to assemble a three-door plug-in hatchback, the NXR, at a site in the Syracuse area.

Little sign employers willing to hire

Thu, 22 Oct 2009 12:44:21 GMT

The number of newly laid-off workers filing claims for jobless benefits rose more than expected last week, as employers remain reluctant to hire even with the economy showing signs of recovery.