Unemployment Reaches Six Year High On Slowing Recovery
Washington reports unemployment rose to 5.4 percent in December with 124,000 jobs lost, the seventh straight month of declines. Analysts see a slow recovery after terrorist attacks, as manufacturing and retail shed large payrolls while services and government add jobs.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Bill Cheney
John Hancock Financial Services
Senate Democrats
Bush
Congress
Elaine Chay
Senate
Tun Daschle
U.S
Frederick County Jobs Rate Holds At Three Percent In November
Frederick County posted a 3 percent unemployment rate in November with 3,160 people jobless out of a 106,253 labor force. The Maryland Department of Labor report shows November rates across the region include Washington County 4.2 percent and Montgomery County 2.7, with Worcester County at 13.7 due to a higher count of unemployment benefits claims.
MENTIONED IN THIS ARTICLE
Frederick County
Maryland
Department of Labor, Licensing and Regulation
Washington Cunty
Roll County
Howard County
Downheart
Montgomery County
Worcester County
Service Merchandise to Wind Down After Bankruptcy
Nashville AP United States Service Merchandise Co a chain of more than 200 jewelry and home appliance stores in 32 states announced it is going out of business. The 42 year old company has operated in Chapter 11 since 1999 with weak economy and slow sales after Sept. About 300 of its 4200 employees will be laid off in January, others later. Losses of 180 billion in 2000 liabilities total 144 billion assets 1 billion as of November. Chairman Sam Cusano says winding down is in creditors best interest. At its peak in the 1970s the company had more than 34 billion in annual sales. Customers browsed a showroom and ordered from a catalog.
MENTIONED IN THIS ARTICLE
National Bureau of Economic Research
Donald Straszheim
Straszheim Global Advisors
Sophuier
Nashville, Tenn
Service Merchandise Co
Sam Cusano
Insurance questions session on Feb 1 in Frederick
A Maryland Insurance Administration representative will be at the Citizen's Services Building 520 N Market St Frederick from 10 am to 2 pm Friday Feb 1 to answer questions about insurers file complaints or obtain consumer education materials No appointment required For more information call 1 200 492 4416.
MENTIONED IN THIS ARTICLE
The
Maryland Insurance Administration
Citizen’s Services
Market St. Frederick
Labor Ready relocates Frederick branch to 162% Patrick St
Labor Ready Inc relocates its Frederick Maryland branch to 162 Patrick Street. Walt Littleton manager says the firm has partnered with the community for over three years and helps layoff workers by connecting them to full time employment. The company runs 18 Maryland branches and dispatched 12 589 workers to 6 479 businesses last year and placed over 720000 people through its offices. For more information call 301 631 8500.
MENTIONED IN THIS ARTICLE
Labor Reaty Inc
Frederick
Patrick St
Walt, Littleton
Labor Ready
Mr. Littleton
Maryland
LitHeton
Xbox buyers complain of defective consoles and poor service
Hundreds of Xbox purchasers report dead or freezing units bought during the holidays with weeks of repair delays. Customers describe frustration with support while Microsoft analyzes a fault rate under 1 percent, calling the issue a risk to its hardware push in a competitive market.
MENTIONED IN THIS ARTICLE
Seattle
Microsoft
John Kreis
Chicago
Xbox
Associated Press
Mort
O'Rourke
Marc Patri
Marte-Ilanks Inc
San Antonio
Sykes Enterprises
Tampa
Fla
Salectran Corp
Milpitas
Calif
Hartelanks
Kreis
Proclamation honors working women during national observance
Frederick Mayor Jim Grimes proclaims a celebration honoring working women nationwide. Sara Brownlowe and Mary Lou Green join at the event in Frederick, with a 6 30 p m meeting Tuesday January 15 at Homewood Cromland Flats. For info call 301 644 5843.
MENTIONED IN THIS ARTICLE
Frederick
Jim Grimes
Sara Brownlowe
Frederick Business and Professional Women’s Club
Mary Lou Green
Clu
Homewood
Cromland Fanns
Roy Rogers opens first Montgomery County restaurant
The Mamondgn Companies open a Roy Rogers restaurant at 12907 Wistel la Drive in Germantown Sugarloaf Centre marking their first Montgomery County venture. The Frederick based firm runs nine Roy Rogers sites in Frederick County two in Hagerstown two in Cumberland and two in Leesburg Virginia. They also operate Courtyard by Marriott and Fairfield Inn in Frederick and are building a Residence Inn by Marriott in Frederick.
MENTIONED IN THIS ARTICLE
Mamondgn Companies
Roy Rogers
Germantown
Wistella Drive
Sugarloaf Centre
Montgomery Count
Frederick County
Hagerstown
Cumberland
Leesburg
Courtyard
Marriott
Fairfield Inn
Frederick
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