ITV Passode to Hire 14 Full-Timers Amid Lean Staffing
In Libertyville Illinois ITV Passode plans to add 14 full-time workers as its parent Illinois Tool Works shrinks payroll and automation rises. Economists note hiring remains tepid due to cost concerns, outsourcing modestly cutting jobs, and a shift toward temporary or contract labor to meet demand.
MENTIONED IN THIS ARTICLE
Libertyville
Ill
Phyllis Patrick
Patrick
ITV Passode
Passode
Chicago
John Brooklier
Illinois Tool Works Inc
Politicians discuss U S job creation and outsourcing trends
A compilation of remarks from President Bush Senator Kerry Rep. Pelosi Rep. DeLay and Sen. Daschle highlighting concerns over job loss outsourcing and policies needed to spur domestic employment. They reference recession uncertainty tax code overseas incentives and the need for worker retraining and healthcare support.
MENTIONED IN THIS ARTICLE
United States
Bush
Appleton, Wis
Chamber of Commerce
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John Kerry
Detroit
Jobs figures show net losses and gains in recent downturn
The report notes 2.72 million jobs lost in the downturn and 759,000 gained since last August. Over three years the net loss stands at 1.96 million, with 308,000 jobs added in March and an average monthly gain of 108,000 since August. Additionally 2.78 million young people and immigrants entered the job market recently.
MENTIONED IN THIS ARTICLE
United States
U.S
India
China
ITV
Understanding Recent Job Numbers Confusion and Limits
New York AP reports that March job gains of 308000 occurred while unemployment rose to 5.7 percent. The household survey counts only job seekers active in past four weeks, excluding students back in school, part time workers, home based consultants, and those who have stopped looking.
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