House OKs measure to end controller furloughs
April 26th, 2013
12:58 PM ET

House OKs measure to end controller furloughs

[Updated at 12:58 p.m. ET] In rare bipartisan accord, normally quarrelsome U.S. lawmakers passed a measure designed to end budget-related air traffic controller furloughs blamed for widespread flight delays.

The House of Representatives approved the legislation, capping a major congressional initiative as delays snarled traffic at airports. The House vote comes a day after unanimous approval by the U.S. Senate.

The measure - which is expected to be signed into law by President Obama - gives the Transportation Department budget planners new flexibility for dealing with forced spending cuts.

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Filed under: Air travel • Aviation • Barack Obama • Budget • Congress • Consumer safety • District of Columbia • Economy • FAA • Jobs • Labor • Politics • Travel
Oil, money, politics: Keystone XL hits a snag
April 23rd, 2013
04:22 AM ET

Oil, money, politics: Keystone XL hits a snag

The politics of oil and ecology have put President Obama between a rock and hard place, as he faces a decision on whether or not to permit construction of a new pipeline. The squeeze just got tighter with a new, negative environmental assessment.

The Keystone XL pipeline will give America energy independence, thousands of jobs, important industrial infrastructure and won't cost taxpayers a dime, say proponents. Many of them are Republican lawmakers.

It is dangerous, inherently filthy and must be stopped, say opponents, some of whom are Democrats who helped get the president elected.

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Filed under: Arkansas • Barack Obama • Business • Canada • Climate change • Democratic Party • Earth • Economy • Energy • Environment • Global Warming • Jobs • Montana • Nature • Nebraska • North Dakota • Politics • Protest • Railroads • Republican Party • State Department • U.S. • World
January 4th, 2013
09:00 AM ET

U.S. economy adds 155,000 jobs

December was a somewhat positive month for U.S. jobs, the U.S. Bureau of Labor Statistics reports.

The U.S. economy added 155,000 jobs in December, roughly enough to keep pace with labor force growth, keeping the unemployment rate at 7.8% unchanged from November's revised rate, the bureau said Friday morning. Health care was the sector with the greatest jump, with 45,000 jobs added.

The gain is slightly above the average monthly gain for 2012 and 2011, which was 153,000 per month, the bureau says.

As you mull these numbers, here's something to consider: They include those you might call the hopelessly unemployed, those who say they want a job but haven't searched for one in at least a year. CNNMoney reports that number is above 3.3 million, higher than the 2.5 million recorded five years ago, before a recession began. Who are they, and why have they given up? Check out this report from CNNMoney's Annalyn Kurtz.

See Bureau of Labor Statistics report on December jobs

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Filed under: Economy • Jobs
December 7th, 2012
08:41 AM ET

U.S. unemployment rate drops to lowest level since 2008

U.S. jobs growth for November was better than what economists predicted it would be.

The U.S. economy added 146,000 in November, according to the Labor Department, nearly twice as many as the 77,000 jobs that economists surveyed by CNNMoney had predicted in the aftermath of Superstorm Sandy.

And the U.S. unemployment has dropped to 7.7%, the lowest since December 2008, according to the Labor Department. That's down from 7.9% in October.

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Filed under: Economy • Jobs
November 30th, 2012
07:43 AM ET

Friday's live events

The talk in Washington is all about the "fiscal cliff" and what the president and Congress need to do to avoid it.  Watch CNN.com Live for continuing coverage of the fiscal cliff debate.

Today's programming highlights...

Ongoing coverage - Crisis in Egypt

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Filed under: Budget • Economy • Egypt • Finance • Jobs • On CNN.com today • Taxes • World
Unemployment benefits fall
November 8th, 2012
09:58 AM ET

Unemployment benefits fall

Unemployment benefit claims fell last week, but the real impact on the economy is uncertain after Hurricane Sandy left the Northeast with power outages and closed offices.

CNNMoney.com has the full details.

November 2nd, 2012
08:40 AM ET

Unemployment rate ticks up despite jobs growth

The U.S. unemployment rate has risen in the past month, even though the economy added more jobs than some economists expected.

The unemployment rate rose to 7.9% in October, from 7.8% in the prior month, according to the government's latest jobs report. That happened despite the addition of 171,000 jobs in October.

A CNNMoney survey of economists expected an addition of 125,000 jobs and the unemployment level to rise to 7.9% in October. Unemployment rates can grow even if the number of jobs rises, if that job growth doesn't keep up with workforce growth.

The report is the last before the presidential election. For more on the jobs numbers, go to CNNMoney.com.


Filed under: Economy • Jobs
November 1st, 2012
08:36 AM ET

Initial jobless claims fall

The number of people filing for initial jobless claims fell by 9,000 in the latest week to 363,000, the U.S. government just announced.

U.S. private-sector employers added 158,000 jobs in October, payroll-processor ADP says.

For details, follow CNNMoney.

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Filed under: Economy • Jobs • U.S.
Initial jobless claims fall by 23,000
October 25th, 2012
08:37 AM ET

Initial jobless claims fall by 23,000

The number of people filing for initial unemployment claims falls 23,000 to 369,000 in the latest week, the U.S. government says.

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Filed under: Economy • Jobs
October 24th, 2012
02:16 AM ET

Ohio fast food employee is fired after fleeing robber

Mary Archer had been held up twice before at the Arby’s restaurant in Fairborn, Ohio, where she was the manager on duty, her daughter said. She came away unscathed both times.

But after the third robbery Friday, when a man with a knife entered the store and demanded the assistant manager turn over the restaurant’s money, her boss fired her.

‚ÄúI just never thought that this would happen to me, especially since my life was at stake,‚ÄĚ she told CNN affiliate WHIO.

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Filed under: Crime • Fast Food • Jobs • Ohio • U.S.
October 19th, 2012
10:37 AM ET

Women are back on the job

The "he-covery" may be turning into a "we-covery", our colleagues at CNN Money are reporting, with more women finding their way back into the workforce.

Read their full story here.

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Filed under: Economy • Jobs
August 3rd, 2012
08:59 AM ET

Hiring picks up, but unemployment rises

Businesses stepped up their hiring in July, but the unemployment rate ticked higher anyway.

Employers said they added 163,000 jobs in the month, according to a Labor Department report released Friday, much better than the 95,000 jobs economists had forecast.

But at the same time, the unemployment rate unexpectedly rose to 8.3% as households claimed they lost 195,000 jobs.

The government's monthly jobs report comes from two separate surveys: one that looks at company payrolls, and the other that questions households. Those two reports went in opposite directions in July, confusing the overall reading on the job market.

According to the employer survey, the public sector continues to be a drag on overall hiring. The government cut 9,000 jobs in the month, while private businesses added 172,000 jobs.

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Where does your money go?
Almost a third of Americans have no emergency savings, CNNMoney reports.
June 25th, 2012
05:53 PM ET

Where does your money go?

CNNMoney.com struck a nerve with readers Monday. A story about savings - or lack thereof - reported that 28% of Americans have no emergency savings. So we had to ask: Where's the money?

Commenters had lots of opinions on how people spend their money and why they aren't saving.

jacalder:  No money to save but somehow there's always money for beer, cigs and cell phones. It's called priorities. Too many Americans refuse to grow up.
jaxbeach904: Not a cent saved, yet still have cell phones, big screen tvs, internet,
afford cigarettes and alcohol, designer clothes and shoes. Yeah, I cant
understand why they dont have any money saved!
Bojak: The biggest barrier to saving is having nothing to save.

The CNN Facebook community chimed in talk about just where all their money is going. Here's a sampling of what people have said. FULL POST

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Overheard on CNN.com: Job offers, letters of support pour in for unemployed father
David Watson of Sanford, Florida, has been unemployed for more than a year. Many readers, touched, offered to help.
June 15th, 2012
05:32 PM ET

Overheard on CNN.com: Job offers, letters of support pour in for unemployed father

Editor's note: This post is part of the Overheard on CNN.com series, a regular feature that examines interesting comments and thought-provoking conversations posted by the community.

Father's Day is Sunday, so it's fitting that we've got a touching story to conclude CNN's week of in-depth coverage looking at unemployment in the United States.

CNN photographer John Couwels chronicled a day in the life of former Marine and father David Watson to show how everyday life has changed for families coping with long-term unemployment.

Many of our readers saw the photo gallery and felt compelled to reach out to CNN. They asked how they could help Watson and his 14-year-old son, Timothy. So far, 50 people have offered assistance. Watson said he's been deeply affected.

"I have been offered job hunters, places for Tim and I to live, possible job offers, prayers, offers to pay for Tim's hockey, people saying, 'Don't sell anything else, let us know what you need,'" Watson said.

One representative from a major U.S. company reached out to Watson and asked for his resume. Watson's service in the Marines had gotten his attention. FULL POST

Overheard on CNN.com: So, yeah, about that bachelor's degree thing ...
Yahoo removed all references to CEO Scott Thompson's degree from his biography on its website.
May 7th, 2012
07:26 PM ET

Overheard on CNN.com: So, yeah, about that bachelor's degree thing ...

Editor's note: This post is part of the Overheard on CNN.com series, a regular feature that examines interesting comments and thought-provoking conversations posted by the community.

Yahoo CEO Scott Thompson does not have a bachelor's degree in accounting and computer science. Rather, he has a bachelor of science degree in business administration, with a major in accounting. The discovery that his resume was fudged a little has sparked a discussion among our writers and readers about the act of resume embellishment and what it says about a person.

Résumé padding: inconsequential or inexcusable?

One reader says some sins are of omission.

jt99: "I have never padded my resume, but I did not include one item, which is on my resume now. I am a veteran, serving from 1968 to 1972. I the '70s and '80s, being an honorably discharged veteran was not viewed as a positive. I never denied my service during that time period, but I didn't make it a resume line item. I won't go into the issue any further."

This person feels they got the raw end of the stick.

Morgansher: "I never once padded my resume. It was unthinkable and unconscionable, but I am bitter about having lost out twice to people who lied on their resumes (for different jobs) and got the jobs I'd been applying for. The only consolation was learning years later that one of the people hired had been hiding a criminal record and that they embezzled nearly $350,000 before getting caught."

Maybe Thompson was just management material. FULL POST

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Filed under: Business • Jobs • Overheard on CNN.com
San Francisco auditorium uses sonic blast, nightly, to disperse homeless
Homeless people camp out a few blocks from the Bill Graham Civic Auditorium in San Francisco last year.
May 2nd, 2012
02:30 PM ET

San Francisco auditorium uses sonic blast, nightly, to disperse homeless

Encouraging the homeless to find a new haunt is nothing new, but managers at the Bill Graham Civic Auditorium may be breaking ground by attempting to do it sonically.

Of course, Manuel Noriega is and David Koresh was familiar with the acoustic warfare tactic, which at least one now-vanquished homeless San Franciscan felt was a harsh reaction to his and his cohorts' squatting, the San Francisco Chronicle reports.

Between 20 and 40 homeless had been hanging out and sleeping at Civic Center Park, and according to the newspaper, it was a source of frustration for police, the mayor, the city Recreation and Parks Commission and the concert promotion outfit, Another Planet Entertainment, which operates the auditorium.

To combat this scourge, Another Planet began using the building's outside speakers to blare a cacophony of the world's most jarring noises - chainsaws, motorcycles, jackhammers, an aircraft carrier alarm - in hopes of shooing the homeless off of its stoop.

The clamor, which begins nightly at 11 and continues until 7 a.m., prompted building manager Robert Reiter to comment to the paper, "I thought it was the building alarm going off."

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Filed under: California • Civil Rights • Economy • Housing • Jobs • San Francisco • U.S.
April 6th, 2012
09:13 AM ET

Hiring slows, unemployment falls

Hiring slowed dramatically in March, clouding optimism about the strength of the recovery, CNNMoney's Annalyn Censky reports.

Employers added 120,000 jobs in the month, the Labor Department reported Friday, marking a significant slowdown in hiring from February, when the economy added 240,000 jobs.

Meanwhile, the unemployment rate fell to 8.2% as workers dropped out of the labor force.

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Overheard on CNN.com: What's the password?
Reports about employers asking job applicants for their Facebook passwords provoked strong reaction.
March 23rd, 2012
12:07 PM ET

Overheard on CNN.com: What's the password?

Editor's note: This post is part of the Overheard on CNN.com series, a regular feature that examines interesting comments and thought-provoking conversations posted by the community.

Would you give up your Facebook password to get a job? Reacting to reports that some employers were requiring job applicants to do so, a lot of CNN.com commenters said no or more accurately, @%&#@ no!

The American Civil Liberties Union is fighting to block employers from requiring users to share their social-networking passwords, arguing that it is an invasion of privacy.

ACLU: Facebook password isn't your boss' business

Facebook also weighed in about the controversial practice, telling employers not to ask for the passwords unless they possibly want to get sued.

Facebook speaks out against employers asking for passwords

Commenter IamBobBobIam says the first thing he does when considering job candidates is check out their Facebook page.

"If they have anything on there bashing a previous employer or anything of the sort, their resume immediately goes into the recycle bin."

(But asking for a password crosses the line, he says.) "In my mind it is the same as asking for their personal e-mail password."

Jason Fournier agreed that it was invasive and said job hunters should sue.

"Demanding an applicant's Facebook password is equivalent to demanding a copy of the key to their house. Civil lawsuits against such prospective employers should easily succeed, and once the first multimillion dollar penalty against an employer idiotic enough to insist the applicant provide their password is won, this whole story will happily go away.

Several commenters evoked the ghost of Johnny Paycheck, who famously sang "Take This Job and Shove It".

Dan Overholtz: If a boss ever asked me to do that, I'd tell 'em where to shove it. I need a job badly but not that bad!

Some commenters sided with companies and understood why these firms would want to know what prospective employees were doing online.

Cat Nippy: In certain jobs, such as those requiring a security clearance, it might be a valid requirement. Some jobs also have a character clause in the employment contract, and the employer might like to know in advance of hiring and training you if you have nasty things posted on your (Facebook) page.

Qroozer: I think it's fair for companies to do this. They should be able to find out everything they can about who they are hiring.

FULL POST


Filed under: Facebook • Jobs • Overheard on CNN.com • Technology
U.S. unemployment rate down to 8.3%
February 3rd, 2012
09:32 AM ET

U.S. unemployment rate down to 8.3%

American employers substantially stepped up their hiring in January, bringing the unemployment rate down for the fifth month in a row.

Employers added 243,000 jobs in January, the Labor Department reported Friday, marking a pick-up in hiring from December, when the economy added 203,000 jobs.

Meanwhile, the unemployment rate fell to 8.3%. That is the lowest since February 2009.

Job growth was much stronger than expected. Economists surveyed by CNNMoney had forecast 130,000 jobs added in the month, and that the unemployment rate likely ticked up to 8.6%.

"This is an optimistic jobs report, especially in light of very poor jobs reports for almost three years," said Brian Hamilton, CEO of Sageworks, a financial information company. "We don't know if the positive jobs trend will continue, but it is definitely a good trend."

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Filed under: Economy • Jobs
Source: White House to announce opposition to Keystone pipeline project
January 18th, 2012
12:13 PM ET

Source: White House to announce opposition to Keystone pipeline project

The Obama administration will likely announce its opposition to the controversial Keystone pipeline project as early as today, according to a Democratic source briefed on the matter.

The pipeline would run from northern Alberta in Canada down to Texas's Gulf Coast. Republicans and some unions want to push approval through for the project in favor of the job creation prospects. The administration points to environmental reviews still underway and opponents express concerns about the nation's oil dependency being further embraced in regards to not rushing a decision.

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