Tag: jobs

My oh my, what an interesting week, and I don’t mean that in a good way.  From our trade deficit to our automakers on the brink of joining our domestic consumer electronics firms, things aren’t looking all that swell.  The latest indicators are showing, at least for November, what has been on everyone’s mind, the economy.  Some are saying, though that things will pick up, that the recession began a year ago and we’ll come through it by 2009.  We’ll see, when the average worker is able to stop worrying not just about making rent or that mortgage payment, but also putting food on the table, then I’ll agree.  Globally, like the United States, things for now look dim.  And like I said, the figures show it…which leads us to the Numbers!

Damn, talk about a pretty intense week!  The auto sector looks like it just…just might get saved.  Still, it looks as if the issue of over capacity is being looked on, which means job cuts.  Sadly, that seems to be the theme of this week’s manufacturing update. Well actually there is something on health care…think of it as “nyceve lite”. They say it gets darkest before the light, well this must be a long tunnel then.  ISM is saying that ’09 will suck as bad as 2008.  Well before I dispense with the unfortunates, it’s time for the Numbers!

Wearing ‘almost homeless’ sign, ex-executive seeks work

Paul Nawrocki says he’s beyond the point where he cares about humiliation.

Amazing, simply amazing.  For the past two days I’ve been watching these hearings on the automakers, and find myself more aghast than anything else.  Actually, it’s more than that.  I think I’ve had this almost sickening feeling, a feeling where anger is meshed in with a humiliation and sadness.  It isn’t just the automakers that has been the cause of this, but that they symbolize how far we’ve fallen.

(My apologies folks, for the delay.  This was supposed to be published this morning, but I had rush a sick wiener dog to one of those emergency vet places.  Rest assured, he’s Ok, and probably won’t eat another sock again!)

Ladies and Gentlemen, welcome to another edition of Manufacturing Monday…er Tuesday!  Originally I wanted to post this on Monday morning, but I wanted to include the latest development from the Boeing SPEEA talks. Outside of this we got news from the steel industry, unfortunately not the good kind.  Sticking with steel for a moment, there’s an op-ed piece I wish to highlight that I thought you should look at.  We have news or alarm bells I should say about pensions.  Of course we also have some Green news, some ominous, but some good.  

But before we get to those, let’s take a look at the Numbers!

Greetings folks, first day of the workweek, and welcome to another edition of Manufacturing Monday.  I had planned to put this out earlier in the day, but had to deal with a turkey situation (hint: dogs); plus other holiday-related madness.  So anyways, we got some good stuff for you today.  First on our highlighted list is a story on GM’s board.  Then we got two industrial-esc jobs updates, first on coal then in green-collar world.  Finally, I want to finish off today’s edition with something special, a music video!  No…not me singing, but a reader sent it to me and thought you should all see it.  So a shout out to Amber for bringing this to my attention, you rock!  And with that we go to…the Numbers!

Greetings ladies and gentlemen and welcome to a new installment of Manufacturing Monday.  Now I would like to do something a tad different this week. You see today we get two important economic indicators released. So, instead of waiting a whole week for me to reprise them here, I would go ahead and write about then today!  I will still go over last week’s indicators, but figured you deserve to get something more up to date as well.  The numbers get released around 9:30 Eastern, so they will be covered first, then last week’s stuff.

Beyond the Numbers section, this week we’ll be covering Green Manufacturing again.  We haven’t touched this in a while, what with all the GM related business.  Yet there have been some very interesting developments in the green collar world.  So before you, for your pleasure, is some stuff that may or may not put a smile on your face.  Either way, it looks as if, thankfully, we are turning a new leaf (sorry, couldn’t help it) on manufacturing!

Today we conclude our small series on General Motors.  As you can probably tell by now, I favor helping out the company.  The company has history of market incompetence, it not only failed to meet various customer demands.  Adding to this, it designed its product line in such a way that made it at times more at the mercy of the price of petroleum than anything else.  Saying this, there are reasons to keep GM alive.

In our first installment, we introduced you to the current battle for the fate of General Motors. We highlighted why they share some if not all of the blame for their current situation.  We talked about the various sides involved in one way or another with the situation of GM.  Today we tackle the big question, what many deemed “unthinkable” previously, what bankruptcy would mean for General Motors and you.

Welcome, ladies and gentlemen, to another installment of Manufacturing Monday. Today we are going to cover something that has been in the news lately, General Motors.  Well to be exact, the potential bankruptcy of GM, and what it could mean to you.  For many, this is a non-issue, who cares about another car company and a failing one at that?  But indeed, it may just be that a collapse of GM could be worse than that of Lehman Brothers and AIG.  Of course we’ll cover, as always, the economic indicators for the past week and what they also mean.  So without further adieu, the Numbers!

They can stuff all the retraining they want into a  5 lb. sack; but until they create jobs, the unemployed are doomed.

For the first time in my entire life, I actually know people, not a person but people, who are not only unemployed, but unemployed, in foreclosure, and filing for Chapter 13 bankruptcy.  WTF!

Table D. States with statistically significant employment changes from September 2007 to September 2008, seasonally adjusted

————————————————————————-

| September | September | Over-the-year

State | 2007 | 2008(p) | change(p)

————————————————————————-

Arizona…………………..| 2,670,700 | 2,611,500 | -59,200

Florida…………………..| 8,014,500 | 7,899,000 | -115,500

Georgia…………………..| 4,153,900 | 4,092,800 | -61,100

Michigan………………….| 4,249,500 | 4,171,600 | -77,900

Nebraska………………….| 965,800 | 978,600 | 12,800

Rhode Island………………| 490,800 | 478,200 | -12,600

Texas…………………….| 10,394,700 | 10,642,600 | 247,900

Wyoming…………………..| 290,100 | 298,300 | 8,200

Cross posted at dailykos

Reservists Face Rocky Return In Job Market

60 Minutes Report Also Examines Costs Borne By Employers Of Deployed Citizen Soldiers

Lesley Stahl could only talk to some of the thousands of reservists and guardsmen who have returned from active duty to find problems with their employers over their jobs.

The rest can call the assistant secretary of defense directly to complain after he broadcasts his phone number during her 60 Minutes report this Sunday, Nov. 2, at 7 p.m. ET/PT.