Times tough for info security guards

July 15, 2009

Cyber attack protest in South KoreaWith all the cyberscare stories about North Korea making headlines these days, the last place you might expect to see job losses is among information security workers.

Unemployment – at least it’s not 25%

July 7, 2009

Northern Trust’s Paul Kasriel has sent around some nice charts that put the state of U.S. joblessness in perspective. Glass half-empty types will be scared silly by the straight line up on the jobless rate while the optimists will take comfort in the fact that we’re still far from the Depression’s high point of around 25%.

Business (class) is grim for British Airways

July 3, 2009

british-airwaysFewer people are “flying the flag” these days.

And British Airways is feeling the pinch — particularly in business class.

The carrier’s latest figures show BA carried 3.8 percent fewer passengers in June than last year, with most of the fall in premium class seats, where traffic dropped by nearly 15 percent.

The negative feedback loop

July 2, 2009

Another month, another dismal jobs report from the U.S. Labor Department. It’s hard not to gulp when you see another 467K jobs lost this month. And an unemployment rate of 9.5% isn’t exactly heartwarming.

Gloomy employment milestones

July 2, 2009

There is normally something for both optimists and pessimists in the monthly employment report.

Job losses still ginormous

July 1, 2009

ADP this morning came out with its survey of joblessess, reporting that private sector nonfarm payrolls dropped by 473K in June, but noted that losses originally reported in May and April were slightly less than had been originally reported.