Metro areas see broad fall in August jobless rates
Unemployment dropped in 230 of 372 large metro areas in August while 95 rose and 47 were flat. National rate rose to 9.6 percent from 9.5 percent. 67,000 jobs were added though Census temporary hires ended. Western states showed continued weakness.
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Europewide protests demand relief from austerity cuts
Tens of thousands of workers across Europe marched in a general strike amid job and pension fears. In Spain police fired on crowds while Greece Italy and Ireland saw strikes and walkouts. Unions claimed up to 100000 at Brussels EU HQ as governments press austerity amid debt fears.
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Kohl's to Open 21 New Stores Across 15 States
Kohl's Corp. plans 21 new stores in 15 states creating nearly 3,000 jobs as shoppers seek low priced clothing and home items amid high unemployment. The company also opened a San Antonio customer service center hiring about 200 staff and foresees over 1,000 additional jobs in three years.
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J&J Chief Acknowledges Shortcomings in Recall Handling
Johnson & Johnson chief executive William Weldon tells Congress the company let the public down in handling nearly a dozen recalls of over the counter medicines. He admits mistakes in hiring contractors to buy up defective Motrin bottles and says liquid children’s cold medicines will ship next week after May plant closure in Pennsylvania.
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