Archive for January, 2010

Past recoveries give insight for job growth today (Richmond Times-Dispatch)

With the recession now over, according to most economists, the question becomes: “How long will it take to recover all the jobs lost?“ Observing the employment patterns of the past few recoveries can provide some insight into job growth in the current recovery. We need to look at how long and to what degree employment changed in the Richmond area for each of the past four recessions.

Pete Carroll to leave USC for Seahawks coaching job (Los Angeles Times)

Players and staff receive a text message from an assistant coach that Carroll’s resigning to take the job in Seattle.

Report: Pete Carroll accepts Seahawks head coach job (Seattle Times)

Pete Carroll has accepted the job as the Seattle Seahawks’ new head coach, according to the Los Angeles Times. Indications from the Seahawks earlier that a deal was close.

Fed’s Bullard says pace of job losses slows (Reuters via Yahoo! News)

A senior Federal Reserve official said the pace of job loss had slowed even though unemployment remains high and the challenge for policy makers will be to adjust extensive securities purchases.

Fed’s Bullard: Job loss pace slowed (Reuters via Yahoo! News)

A senior Federal Reserve official said on Sunday that while unemployment remains high, the pace of job loss has slowed and the main challenge for policy makers will be to adjust extensive securities purchases.

Australian job ads jump in sign of hiring revival (Reuters via Yahoo! Asia News)

* Job advertisements +6 pct in Dec, most in over two years

6 per cent Christmas job ad surge (ABC via Yahoo!7 News)

Job ads surged 6 per cent in December, compared to the previous month, the strongest monthly trend rate of growth in 31 months.

Australia Job Advertisements Rise Most in 2 1/2 Years (Update1) (Bloomberg)

Jan. 11 (Bloomberg) — Australian advertisements for job vacancies surged by the most in 2 1/2 years, adding to signs the nation’s economy is strengthening enough for the central bank to boost borrowing costs for a fourth straight meeting next month.

Job ads hit fresh highs (Business Day)

Job ads increase to their highest level in 31 months, as the ‘miracle’ economy continues to strengthen.

Job loss a ’setback’: Romer (Straits Times)

WASHINGTON – PRESIDENT Barack Obama’s top economic adviser acknowledged on Sunday that continuing job losses pose ’somewhat of a setback’ to US economic recovery efforts. Ms Christina Romer, who chairs the White House Council of Economic Advisers, said she still expected the US economy to show steady growth this year.