Orders placed with U. Earlier in the week, there was better-than-expected reports on construction spending and pending home sales. And last week a report showed that consumer spending -- an engine of the economy -- rose in February for the second month in a row -- after a half-year of declines. But as the economic downturn eats into their sales and profits, companies are laying off workers and resorting to other cost-saving measures.
Those include holding down hours, and freezing or cutting pay, to survive the storm. Job losses were widespread last month. Construction companies cut , jobs. Factories axed , Retailers got rid of nearly 50, Professional and business services eliminated , Leisure and hospitality reduced employment by 40, Even the government cut jobs -- 5, of them. Education and health care were the few industries showing any job gains.
Federal Reserve Chairman Ben Bernanke said the recession could end later this year, setting the stage for a recovery next year, if the government is successful in bolstering the banking system. Banks have been clobbered by the worst housing, credit and financial crises to hit the country since the s. Even if the recession ends this year, the economy will remain frail, analysts said. Companies will have little appetite to ramp up hiring until they feel the economy is truly out of the woods and any recovery has staying power.
Given that, many economists predict the unemployment rate will hit 10 percent at the end of this year. The Fed says unemployment will remain elevated into Economists say the job market may not get back to normal -- meaning a 5 percent unemployment rate -- until To brace the economy, the Fed has slashed a key bank lending rate to an all-time low and has embarked on a series of radical programs to inject billions of dollars into the financial system.
And the Obama administration had launched a multi-pronged strategy to turn the economy around. The administration also is counting on programs to prop up financial companies and reduce home foreclosures to help turn the economy around. Still, skittish employers announced more job layoffs this week.
Fewer than half the jobs will be in the U. The 1, figure includes cuts made earlier in the first quarter. Elsewhere, healthcare products distributor Cardinal Health Inc. Labels: the jobs report. Labels: , The Job Market. Labels: layoffs , Nokia Corp. Labels: layoffs , Toro. Labels: layoffs , Potash. Labels: Caterpillar , layoffs. Labels: jobs report. Labels: Halliburton , layoffs. Labels: layoffs , Northrup Grumman.
Labels: layoffs , Spansion. Last updated: am March 3, Posted: am March 3, British bank HSBC, often referred to as the nation's second-largest provider of US consumer loans, announced yesterday that it's shuttering two units dedicated to consumer lending.
The closure of the two units - HFC and Beneficial - will result in 6, job losses and the closing of branches that provide mortgage refinancing and personal loans, among other forms of debt financing. Beneficial has three branches in the New York area, including one in Brooklyn and another in Sunnyside, Queens, according to the firm's Web site.
HFC also has three branches in the region, including one in Bayside, Queens. HSBC's bank branches, which are scattered throughout Manhattan and the boroughs, won't be affected. HSBC will continue to underwrite residential mortgages through the bank branches, said a spokeswoman for the company. The move comes as the parent company, HSBC Holdings, reported a 70 percent drop in net profit amid losses tied to the US mortgage and subprime loans.
Labels: HSBC , layoffs. Last updated: pm February 26, Posted: am February 27, Most of the cuts will come from Washington Mutual, with as many as 2, from JPMorgan's investment banking arm, officials said. Labels: JPMorganChase , layoffs. For the week ended Feb. That's the highest figure since October In a sign that more jobless Americans are having trouble finding work, 5,, continued on unemployment for the week ended Feb.
That's the highest number since the Labor Department began keeping records since Initial claims are expected to sharply increase, and it's likely they will reach , per week in the upcoming months, according to Ian Shepherdson, economist at High Frequency Economics in New York. He noted that weekly filings, adjusted for population growth, would have to exceed the 1 million mark in order to break the jobless claims reported from the mids and early s.
Companies are throwing in the towel as they recognize that no sector is safe," Shepherdson wrote in a note. The 4-week moving average of initial claims was ,, an increase of 19, from the preceding week. The average is used to smooth fluctuations in data. The 4-week moving average for people continuing on unemployment was 4,,, an increase of 89, from 4,, in the previous week.
Stimulus: The stimulus bill that President Obama signed into law has several provisions that help those living on unemployment benefits. The stimulus also provides jobless workers with an additional 20 weeks in unemployment benefits, and 13 weeks on top of that if they live in what's deemed a high unemployment state.
Labels: unemployment , USA. In January, an estimated , people were jobless and looking for work in Washington — the largest number ever in the state. The biggest declines were seen in manufacturing, information services, construction, motor vehicles and parts dealers, and truck transportation. Washington's January unemployment rate of 7.
Washington's jobless rate was up significantly from a year ago, when it was 4. In January , the Seattle area's jobless rate was 3. Pierce County had 9. Spokane County had 9. Is travel a part of this job? How much travel would you expect me to do? If you live some distance away Is relocation assistance possible? Is overtime expected?
How much overtime is normal in this job? Does it occur regularly? At certain times of the year? What are the prospects for growth and advancement in this job and in the organization? Can you offer any examples of successful employees and what caused them to be successful? What do you like about working here? What keeps you here? Assuming you are interested in moving forward, what will happen next and when might that occur?
When can I expect to hear from you? Are there any other questions I can answer for you about my experience and qualifications? Labels: followup questions. Although it is a stupid question, it sometimes gets asked because once in a while, someone naively answers something like, "Well, my wife is up for a transfer to Sioux City in his job and if that comes through we're moving," or "I'm trying to get pregnant and.
It is far better if your answer is generic and non-controversial. Then the rest of your answer speaks about job satisfaction. This coupled with the two junior achiever panthers he summons at about half health and it forms the recipe for an equipment repair bill.
Comment by Allakhazam What nobody has mentioned in regards to this quest, is this The good King B spawns guardians as you are killing him as well as not totally sure if it's all the time, but it happened to me twice summoning tigers and other panthers from the area to help him out.
I lost my pet and had to FD with hp's left. Comment by Allakhazam King B is a very hard mob. Not only does he have Guardian Panthers that respawn in the middle of battle with him but also the bad luck of another Tigeress or Panther appearing in the area and agroing on you is quite frequent. First attempt was with group of 4, Lvl toons. We had our butts handed to us due to bad luck spawn and agro. He was lvl 43 elite at that time. This is a great quest and great item.
Just be extra careful and be ready for a hard fight. Comment by Allakhazam The wife and I took a while to kill this bugger. When he spawns, he spawns alone, and if you attack him fast enough, he won't have any adds initially. I set my Immolation Trap and pulled him to me with Serpent Sting as well as Concussion shot with a few Arcane in there. I used my Rapid Shot and reapplied Serpent Sting for the last little bit.
I did not let the adds distract me. I stayed on King Bang. I looted my trophy head and off I went. Hope this helps someone else. Comment by Allakhazam King Bangalash is also a fun mob to have as a pet. Was in Ashenvale the other day as a 32 rogue, and a 47 troll rogue tried to kill me. Well, a hunter on his mount comes riding in, sics a level 55 King Bangalash on the troll. The troll went down before he managed to kill me, and the hunter barely fired a shot.
Very classic. Comment by Allakhazam King B spawns just south of the grom'gol base camp.. Comment by Allakhazam This whole quest line is unlocked at L Comment by Allakhazam Is there any other piece of 29 twink armor that I need to get from any STV quest besides the gun, the pants, and the chest?
I'm 3 bars away from lv 28, with no rest xp. That should be enough to get the gun for my twink and a couple of RFK runs for the bow hoping With some left over to lvl a newly tamed pet, armored black boar. And am off for some insane BGs. I chose the Bandolier of the Nightwatch ammo pouch from the Nightwatch quest in Darkshire since I'll be using this rifle more often than a bow, it's a great pouch for pre-lv Edited, Feb 6th pm by Avendetta.
Comment by Allakhazam I just killed him as a lvl 41 Warlock. He was 43 elite. First I attacked and killed the 2 panthers guarding him, then ran away as I was below half health. Bandaged and came right back and had Bangalash 1v1 well, I had my succumbus ;- He did not resist any of my DOT's or the 3 fears I put on him.
Comment by Allakhazam his spawn location is down by Se'Jib the tribal trainer, then he pathes up the little hill and and pathes back and forwarth from there hope it helps. Comment by Allakhazam I tried this tonight with a lvl 42 hunter.
The location is right, but minion count is wrong. There are 5 lvl 38 shadowpaw minions that come along with Bangalash. They are tightly glued and attempts to pull them bring the whole mob. I was close to killing Bangalash, but couldn't overcome the five minions.
I'm going to try this again and find a way to get this done. Did all those previous quests to get Master's Hunter Bow, but the damn dwarf just won't interact? Why is that? Also, Hemet doesn't look like this picture in my game. Kinda the same only with gray hair instead. Why is Hemet's hair black from this link: Hemet Nesingwary Some sort of patch thingie, or what? Comment by desercitus Calls for aid any tigers in the area, so before starting this, it may be best to clear out all the tigers on the hill first.
Also summons two 33 panthers at low health, making this quite difficult even at higher levels. Attempted this with a 46 priest, and although it was close, no luck so far. Big Game Hunter. I see you're back, old bloke. King Bangalash has caused me to come crawling back to camp many times. Hang in there. Bloody well done! I am honored to count you as a comrade of our great hunting party here. No one will ever doubt your expertise in hunting and tracking!
Cheers to you, I say! IsQuestFlaggedCompleted Please keep the following in mind when posting a comment: Your comment must be in English or it will be removed. Source: Tough interview questions Best regards Henry. Post a Comment. Wednesday, April 23, Interview Questions for Paralegals. What are your long and short range career goals and objectives?
When and how did you establish those goals? How are you preparing yourself to achieve them? What goals, other than those related to your legal career, have you established for yourself for the next 10 years? What do you see yourself doing five years from now?
Why did choose to go to Northeastern State University?
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