The Week’s Best Hiring News: Week of July 5, 2010
After the disappointment over the June unemployment numbers last Friday, this week has been much more positive on the hiring front. Leading the way, of course, is the new jobless claims number which came in significantly below predicted levels at 454,000—the lowest it’s been in two months. Better still, notes The Washington Post‘s Economy Watch, is that “the number of continuing claims dropped by 224,000 to 4.4 million. That same piece points out that part of the reason for the unexpected dip in new claims is that automakers are not shutting down production in July to the same extent as usual.
But that’s not the only good news we’ve seen on the hiring front this week: there have been plenty of vacancies announced as well.
- IBM is hiring. Well, technically it’s a subsidiary of IBM, but regardless: it’s 600 jobs with IBM Lender Business Process Services. In Durham N.C. (Which means—gasp!—that IBM is hiring in America! Now that is news.)
- BP held a claims fair in Biloxi, Miss. OK, so it’s not exactly great hiring news, but the article is an interesting read on the human side of the Gulf oil spill—with particular reference to the employment scene there.
- Is that the sound of a bank making an effort to improve the economy and show that they care about the little people? Why yes, yes it is: Chase is offering lower interest rates to small business customers who use a credit line to hire new employees. Apparently, “businesses with annual revenues of $10 million or less are eligible for the hiring discount.”
- Now that’s planning for turnover. Canadian Railroad has around 21,500 employees. To deal with pending retirements—and in an attempt to lower labor costs—the company is planning to hire two thousand workers a year over the next five years.
- To deal with an upsurge in demand for their services, Indian tech outsourcing outfits are seeking to hire back some of the workers they let go in the recession. Chief among them: Infosys.