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US Mass Layoffs in February 2009

added: 23-03-2009

Employers took 2,769 mass layoff actions in February that resulted in the separation of 295,477 workers, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the Bureau of Labor Statistics of the U.S. Department of Labor reported. Each action involved at least 50 persons from a single employer.

Top 50 U.S. Web Properties for February 2009

added: 23-03-2009

comScore, Inc. released its monthly analysis of U.S. consumer activity at the top online properties for February 2009 based on data from the comScore Media Metrix service. February represented a softer month for total Web activity due to having fewer days, with only a handful of site categories achieving gains versus January. Among the gaining categories were Flowers/Gifts/Greetings and E-cards, which benefited from Valentine's Day, and travel and tax preparation sites, which also saw seasonal increases.

More Than Half of the Automotive Supply Base Could Go Bankrupt in 2009; at Least 1 Million Job Losses Expected

added: 23-03-2009

Current market conditions could cause more than half of the country's Tier 1 automotive suppliers to file for bankruptcy in 2009, creating 1 million additional job losses and creating an estimated $9 billion income tax revenue shortfall, according to a new study from global management consulting firm A.T. Kearney.

Financial Services Industry Reputation Mixed: Public Confidence at Historic Lows, but Industry Gets Credit for Prudent Steps

added: 23-03-2009

A new nationwide consumer poll conducted by Waggener Edstrom Worldwide (WE) and RT Strategies found that only 8 percent of Americans today have full confidence in banks and financial services companies - a stark reminder of the difficulties facing the financial services industry as it wrestles with the broadest economic upheaval in the U.S. since the Great Depression.

US Solar Market Hit Record Growth in 2008, Despite Economic Crisis

added: 23-03-2009

The Solar Energy Industries Association released its 2008 U.S. Solar Industry Year in Review, highlighting a third year of record growth. SEIA reports 1,265 megawatts of solar power of all types were installed in 2008, raising total capacity 17 percent to 8,775 MW. The 2008 figure included 342 MW of solar photovoltaic (PV), 139 MW of solar water heating, 762 MW of pool heating and an estimated 21 MW of solar space heating and cooling.

60 Million U.S. Consumers Worried About Recession Likely to Hang Up on High Cell Phone Costs

added: 22-03-2009

As fears about the recession become more widespread, millions of Americans are on the verge of disconnecting expensive cell phone plans. Two out of five Americans with contract-based cell phones - 39 percent or 60.3 million consumers - are likely to cut back on their cell phones to save money if, as is widely expected, the economy gets worse over the next six months, according to new survey of 2,005 Americans conducted by Opinion Research Corporation (ORC) for the New Millennium Research Council (NMRC).

Online Commentary Indicates Consumer Willingness to Pay for Online News

added: 22-03-2009

As bloggers begin to discuss how they see the news industry evolving as print outlets struggle for survival, many say they are willing to pay for online news content, according to a recent online report about bloggers and social media by J.D. Power and Associates Web Intelligence Division.

The Internet Is Getting Gray: More Older Americans are Going Online than Ever

added: 21-03-2009

According to the Pew Internet and American Life Project, from 2005 to 2008, the largest jump in adoption of Internet usage was by users ages 70 and older. Internet penetration among people ages 70 to 74 increased by 19 percentage points from 2005 to 2008. For people 75 and older, the increase was 10 percentage points.

Money Doesn’t Always Motivate Employees

added: 21-03-2009

New research at NYU Stern finds that during an economic downturn, managers can motivate employees without adding to the bottom line.

US Metropolitan Area Employment and Unemployment in January 2009

added: 20-03-2009

Unemployment rates were higher in January than a year earlier in 371 of the 372 metropolitan areas and unchanged in 1 area, the Bureau of Labor Statistics of the U.S. Department of Labor reported. Fourteen areas recorded jobless rates of at least 15.0 percent, while 23 areas registered rates below 5.0 percent. The national unemployment rate in January was 8.5 percent, not seasonally adjusted, up from 5.4 percent a year earlier.

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