February 27, 2009

New web site tracks layoffs by industry

These are grim economic times alright and across the country, there are lots of people worrying about their jobs. Well now there’s a website that offers its own “layoff tracker,“ keeping track of the numbers and companies and all the rumors surrounding everybody’s job uncertainty these days. 


February 17, 2009

Auto parts supplier Federal-Mogul Corp. plans to shut down SC plant

Auto parts supplier Federal-Mogul Corp. is closing its plant in Summerton, South Carolina.


February 03, 2009

Scam alert: Online job searches

Are you searching for a job? Do you ever look online? Well Consumer Affairs is warning you about searching online… There’s a high scam potential.


January 14, 2009

New jobs coming to Georgetown County

The State Department of Commerce said Wednesday that MetalTech Systems of South Carolina will expand its operations in the state with a new facility in Georgetown County.


January 09, 2009

Mounting job losses darken economic outlook

The unemployment rate in December surged to its highest level in nearly 16 years.

New job numbers: highest unemployment in 15 years

The government says the nation’s unemployment rate bolted to 7.2 percent in December, the highest since early 1993, as employers slashed 524,000 jobs.


January 07, 2009

New economic numbers look ugly

The nonpartisan Congressional Budget Office is predicting this year’s deficit will be over a trillion dollars, while a company that processes payrolls is estimating the country lost almost 700,000 jobs last month alone.


December 19, 2008

SC Unemployment Up Again; What is State Doing About It?

South Carolina’s unemployment rate has climbed to 8.4% after another 11,500 people lost their jobs last month.


December 18, 2008

Economy forces NASCAR team layoffs

Gillett Evernham Motorsports announced it will cut 65 jobs as part of its plan to scale back.


December 17, 2008

More jobs in Charleston

Verizon Wireless is seeking another 65 full-time customer service professionals for its Charleston call center.


December 09, 2008

No resolution in Chicago factory sit-in

The Republic Windows and Doors factory closed abruptly last week after the banking giant canceled the company’s financing. Since then, about 200 of the 240 laid-off workers have taken turns occupying the factory.


December 05, 2008

Half a million jobs lost in November, worst in 34 years

Some analysts are now saying the U.S. economy is in a freefall.  New figures from the Labor Department on Friday show job losses last month were much worse than forecast.


November 26, 2008

South Carolina businessman protests bailout, flies flag upside down

A Greenville man who says his business suffered in the decline of the textile industry has been flying the U.S. flag upside down to protest the bailout of the financial sector.


November 24, 2008

College students face bigger debts in bad economy

A new study shows the worsening economy will make it harder for college students to repay their loans.  The Project on Student Debt reports that salaries students earn at graduation are not keeping pace with the increases in what they owe for their education.

Families with kids coping with recession

Now that the country is in a recession, some families barely are hanging on to their middle-class lives. Others have lost their grip. Parents say they worry most about the negative effects on their children.

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