Apple plans new campus, will add 20,000 more jobs

Apple is stepping up to the plate — big time. The tech titan on Wednesday promised to create 20,000 new American jobs over the next five years, part of $350 billion US investment plan. The iPhone maker also said it will build a second US corporate campus and pay $38

After the implosion of the construction firm Carillion threatens tens of thousands of jobs — the remedy should be more capitalism

“CARILLION’S Gazillions!” scream the headlines. The collapse of the UK’s second-largest building firm, threatening tens of thousands of jobs, has reignited the debate about the future of capitalism. The implosion of the construction and outsourcing giant, its executives having made fortunes out of public sector contracts, leaves a trail of

Carillion enters into liquidation putting thousands of jobs at risk

AILING construction firm Carillion said it had "no choice" but to enter into liquidation this morning, putting thousands of jobs at risk. The building and maintenance giant is Britain's second largest and employs 20,000 in the UK alone - many at its Wolverhampton HQ. The Government this morning urged the

Nonprofit CEO wins News Corp.’s Murdoch Community Hero Award

The president and CEO of Per Scholas — a nonprofit that provides free IT job training — has been named the recipient of News Corp.’s Murdoch Community Hero Award. see also Per Scholas CEO Plinio Ayala said he was “honored” by the recognition. “I am grateful for their commitment to building

Labor Department’s December jobs report highly misleading

The comments about the December jobs report were not the only thing misleading — the report was, too. The Labor Department reported that only 148,000 jobs were created last month — considerably fewer than the 195,000 or so jobs that the “experts” were expecting. But the number was kept artificially

Stocks surge despite weaker than expected job growth

US job growth in December came in weaker than expected — but investors cheered nonetheless, focusing on the unemployment rate holding at ­4.1 percent, a 17-year low. Nonfarm payrolls added 148,000 jobs last month – below the 190,000 expected by economists — yet strong enough to bring employment gains

US job growth slows more than expected in December

WASHINGTON — US job growth slowed more than expected in December amid a decline in retail employment, but a pickup in monthly wage gains pointed to labor market strength that could pave the way for the Federal Reserve to increase interest rates in March. Nonfarm payrolls increased by 148,000

US economy added 250,000 jobs in December

US companies closed out 2017 with strong hiring in December, adding the most jobs in nine months — news that sent the Dow Jones industrial average soaring past a record 25,000 points Thursday morning. Payroll processor ADP says that businesses added 250,000 jobs last month, up from 185,000 in

Why every company is looking for ‘ninjas’ and ‘rockstars’

These job titles sound a lot more exciting than they actually are. Companies are attempting to recruit prospective employees by jazzing up otherwise ordinary positions in industries like tech, sales and customer service with exotic-sounding monikers like “rockstar,” “ninja” and “guru,” a new survey from Indeed.com found. “Companies that do

For some, working on Christmas comes with the territory

His mother wanted him home in Old Saybrook, Conn. for Christmas, no excuses, no matter what. His boss demanded that he spend Dec.25 in Lower Manhattan at the offices of the investment bank where he worked. There was a pitch to prepare and perfect before the managing director

Tax cuts are already benefiting American workers

Just over a year ago, President-elect Donald Trump delivered his first holiday message to the economy by saving close to 1,000 factory jobs from moving to Mexico just before Christmas. Well, the president did not disappoint this holiday season — a week before Christmas, and on the eighth and

Facebook job ads allow age discrimination: suit

Corporate giants including Amazon and T-Mobile engaged in age discrimination by placing recruitment ads on Facebook targeting younger workers, according to a lawsuit filed on Wednesday by a communications industry labor union. Cable giant Cox Communications was also among the companies that imposed age limits on who could see

Facebook job ads allow age discrimination: suit

Corporate giants including Amazon and T-Mobile engaged in age discrimination by placing recruitment ads on Facebook targeting younger workers, according to a lawsuit filed on Wednesday by a communications industry labor union. Cable giant Cox Communications was also among the companies that imposed age limits on who could see

Artificial intelligence reveals gender bias in the workplace

Most managers like to think of themselves as operating free of any bias, rewarding their employees based on merit alone — but a new study of five companies that are powered by artificial intelligence tells a more troubling story. In the wake of sexual misconduct revelations that have rocked

JPMorgan’s top economist differs with Jamie Dimon on job outlook

When it comes to the Trump tax plan, JPMorgan Chase isn’t buying what its own CEO is selling. The biggest US bank’s top economist is predicting that the Congressional tax reform bill will only add about “about 200,000 jobs” — a mere 10 percent of a 2-million-job forecast JPMorgan

City’s longest-serving sanitation worker keeps on trucking

View Slideshow FacebookTwitterGoogleFacebook MessengerWhatsAppEmailCopy The city’s longest-serving garbage collector is about to start his 52nd year on the job — and is five years from becoming the oldest city sanitation worker in history. Seventy-five year old Joe Caggiano of Staten Island began working for the Department of Sanitation on Jan. 3,

Janet Yellen just gave Trump a bag of coal for Christmas

Janet Yellen gave President Trump a parting Christmas “gift” — of the bag of coal variety — in her final action as head of the Federal Reserve: a quarter-point interest rate hike and the promise of three more next year until the Fed funds rate is above 3

US economy adds 228,000 jobs in November, as wages inch up

WASHINGTON — U.S. job growth increased at a strong clip in November and wages rebounded, painting a portrait of a healthy economy that analysts say does not require the kind of fiscal stimulus that President Donald Trump is proposing. Nonfarm payrolls rose by 228,000 jobs last month amid broad

This is the most millennial-dominated job in the US

These stats speak for themselves. Statistician is the job with the highest rate of millennials in America, according to data released Wednesday by personal finance site SmartAsset. Nearly 45 percent of the 74,000 statisticians in this country are between the ages of 25 and 34, the study, which analyzed

RBS and Natwest banks close 259 branches costing 680 jobs

Royal Bank of Scotland has said it will shut hundreds of RBS and NatWest branches, with the loss of 680 jobs. A total of 197 Natwest branches as 62 branches of Royal Bank of Scotland will close following a review of its network. An RBS spokesman said the decision came