According to an article in the Dallas Morning News, Kimberly-Clark Corp. the maker of Kleenex tissue, Scott paper products and Huggies diapers announced that it is implementing 1,600 job losses. That amounts to 3 percent of its 53,000 worldwide workforce. Six hundred of those job losses will affect U.S. employees who are taking "voluntary" severance [...]
We've got millions of Americans out of work and the bankruptcy filings just continue to rise. Even the most optimistic of Americans are finding themselves up against a financial wall, with only bankruptcy preventing total financial disaster. There's an interesting article at the NJ.com featuring the stories of several debtors who have filed bankruptcy, giving [...]
According to an article in the Star-Telegram, new jobless claims jumped last week by 15,000. Many workers facing job losses in the educational system were counted amongst the job loss casualties. The article said: "Economists had expected a drop to 600,000. Several states reported more claims than expected from teachers, cafeteria workers and other school [...]
According to an article in the Star-Telegram, unemployed residents are often faced with long waits and busy signals when calling the Texas Workforce Commission regarding their unemployment claims. The rise in job losses have put a strain the Texas Workforce Commission's resources and many unemployed Texans are waiting weeks to get questions answered. The article [...]
According to an article in the Star-Telegram, the unemployment rate in Dallas-Fort Worth and the surrounding area rose to 7.1 percent in May. Nationally, the unemployment rate has inched up to 9.4 percent, only a few percentage points away from the dreaded 10 percent unemployment rated predicted by analysts. The article said: "Texas ' nonfarm [...]
According to an article in the Dallas Morning News, the number of workers receiving unemployment benefits dropped by 148,000 to 6.69 million; but 50 percent of those workers had exhausted their unemployment benefits without finding work. The article said: The report shows that job losses are easing after companies made deep cuts earlier this year. [...]
According to an article in the Dallas-Morning News, Wells Fargo economist Eugenio Aleman released a report on the Texas and Dallas-Fort Worth economy . The article said: The Texas economy has finally succumbed to the current U.S. and world recession... Thus, expect the unemployment rate to increase from its current level of 6.7 percent...and get [...]
According to an article in the Dallas Morning News, the number of new unemployment claims fell slightly while the number of jobless Americans continuing to receive unemployment benefits rose. The article said: The Labor Department said Thursday that initial claims for unemployment benefits fell last week by 24,000 to a seasonally adjusted 601,000. That's below [...]
As job losses continue to rise for Dallas-Fort Worth residents, many unemployed workers are accessing their unemployment benefits for the first time. The process can sometimes be confusing and frustrating for those who are unfamiliar with it, so here are a few tips on navigating the unemployment benefits system: Once you are unemployed do not [...]
According to an article in the Star-Telegram, the national unemployment rate spiked to 9.4 percent in May. It's the highest unemployment rate in more than 25 years despite a slight decrease in job loses with employers cutting 345,000 jobs in May. The article said: Still, the increase in the nation's unemployment rate from 8.9 percent [...]