National Spending Journal – By Shoeboxed

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The economy is tough, and you’re looking for a job. But braving career fairs and online job sites can be frustrating and fruitless. Just this week, hundreds camped out for job openings at the Miami fire department.
And, indeed, these are tough times. Unemployment is at a 16-year high (7.2%) and job seekers outnumber openings three [...]

Target has announced that it will cut 9% of its headquarters staff and close a Arkansas distribution center,  which includes 600 employees and 400 open positions, according to a statement issued by the company. These changes will be effective immediately.
Target will also close a distribution center in Arkansas, which employes another 500 people, later in [...]

As President Barack Obama seeks to get Congressional approval for an economic stimulus package by mid February, it is interesting to look at where the proposed stimulus would create jobs. The Wall Street Journal has released information about where jobs would be created, as released in a report by the Bureau of Labor Statistics. The [...]

The unemployment rate ballooned in December to 7.2%, up from 6.8% in November and 5% in April, according to a government jobs report released today.
As the nations employers shed 524,000 jobs last month, more than 11 million Americans are now unemployed.
Last month’s unemployment rate was the highest since January 1993, when the economy was trying [...]

The economy is bad, and it’s hitting the IT sector head on.
The country is experiencing the lowest hiring demand for IT professionals in at least 15 years as extensive layoffs, cost-cutting and hiring freezes are putting the squeeze on higher-payed positions, like IT jobs. This is according to a survey of IT salaries from Janco [...]

A government report issued Friday announced that the U.S. economy lost 533,000 jobs in November, bringing this year’s total to 1.9 million jobs lost. This was the worst monthly job loss since December 1974.