Iowa employers report skilled labor gap not general shortage
Eastern Iowa employers say the shortage is not in overall unemployment but in specific technical skills. Quaker Oats and General Mills cite electricians and machinists as hard to hire while Kirkwood Community College notes targeted on‑the‑job training. NAM Towers Perrin findings show high rejection rates for basic skills and reading, math, and problem solving weaknesses across U.S. manufacturers.
MENTIONED IN THIS ARTICLE
Iowa
the Gazette
Ken Dykes
Quaker Oats
St. Louis
Des Moines
Kansas City
Quad Cities
Lon Olejniczak
Kirkwood Community College
Olejniczak
Cedar Rapids
Kelly Hanick
General Mills
National Association of Manufacturers
NAM
Towers Perrin
NASD early session trades light as European demand eyed
Trading volume in NASD's Nasdaq International session was tiny at 106,800 shares versus over 130 million in the regular OTC day. A string of global finance notes follows from oil training visits, corporate restructuring, farm diplomacy, and real estate vacancy trends.
MENTIONED IN THIS ARTICLE
New York
National Association of Securities Dealers
Cedar Rapids Rail Co Offices Take Shape In New Complex
Progress on a 600000 square foot Cedar Rapids building at 12th Street and Wilson Avenue SW advances for Cedar Rapids and Iowa City Railway Co CRANDIC IE Barge Services and IEI Container Services. Completion is slated around March 1. Mike Tomash of Iowa City from Olympic Wall Systems welds supports for windows.
MENTIONED IN THIS ARTICLE
Ryan Construction
12Th Street
Wilson Avenue
Cedar Rapids
The
Cedar Rapids and Iowa City Railway Co
Crandic
Ie! Barge Services
IEI Container Services
Mike Tomash
Iowa City
Olympic Wall Systems
Des Moines
Raytheon posts 9.9 percent quarterly earnings gain
Raytheon Co reports 9.9 percent jump in Q4 1991 earnings to 157.8 million or 2.37 per share on 2.42 billion in sales. Full year profits reach 591.8 million or 8.95 per share on 9.27 billion in sales. Backlog stands at 5.75 billion. Raytheon cites commercial diversity and cost cuts including 5,000 job reductions.
MENTIONED IN THIS ARTICLE
Lexington, Mass
Raytheon Co
Raytheon
Cedarapids Inc
Amana
Dennis Picard
Congress
Pretax
Metropolitan Life to Buy Executive Life in $70 Million Deal
Metropolitan Life Insurance Co has agreed to acquire roughly half of Executive Life Insurance Co of New York for up to 70 million dollars. The deal, awaiting court approval, would transfer annuity and life operations with about 1.4 billion in combined assets and restore 100 cents on the dollar to about 100 000 policyholders while remaining under regulatory oversight.
MENTIONED IN THIS ARTICLE
NEW York
Metropolitan Life Insurance Co
Executive Life Insurance Co
Wall Street Journal
Metropolitan
Executive Life
Executive Life of
First Executive Corp
Journal
The
California
Quietest market session drags Dow and stocks lower
Stock prices drifted in the quietest session of the year with the Dow down to 3,254.03 after a 10.95 drop. Volume on the New York Stock Exchange eased to about 180.87 million shares as investors weighed higher rates and shifts from growth to cyclicals while MLK day closures limited activity.
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NEW York
Treasury
London
U.S
Martin Luther King Jr
The
Associated Press and Gazette
New York Stock Exchange
Iowa
Equitable of
Wal-Mart
Raytheon
United Technologies
Gillette
Procter & Gamble
U.S. Surgical
Coca-Cola
Home Depot
International Game Technology
Upjohn
New York Times
Halcion
UAL
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Soviet Union
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United Tech
Hartford
Conn
United Technologies Corp
Aerospace
Russia
Washington
St. Petersburg
Edward Madigan
West
Springfield
Mass
Northeast
Agri-mark Cooperative
Methuen
Bob Gray
American Jewish Joint Distribution Committee
CB Commercial Real Estate Group Inc
Los Angeles
Raymond Torto
CB Commercial Torto Wheaton Research
Boston
Tribune Media
Sugar
Gazette
Robin Trimarchi
Energy Services
Metropolitan Life
Martin Luther King
Matt
Bratnober PO
Waterloo
Lowo