Monday, June 13, 2011

6/13/11 Jobs Report

Nationwide News & Trends

According to McKinsey, “America needs to create 21m new jobs to keep up with population growth… but that will only happen if the economic trends of the last decade are reversed.”  More:  http://on.ft.com/kwAQOq

Bloomberg is reporting that” profits at American companies are poised to be one of the few bright spots in the U.S., helping to steady the faltering recovery.”  More:  http://buswk.co/lauQCQ

Newsweek brings these two comments together nicely:  “It’s a cliche — but true — that a huge obstacle to a stronger economic recovery is the lack of confidence in a strong recovery. If consumers and businesses were more confident, they would be spending, hiring and lending more freely.” In short, along with all the other factors that plague our economy, America has a confidence problem.  More:  http://bit.ly/ma4Kaj

State-by-State Report
Florida

AT&T will be hiring for 20 positions in Orlando and around 100 technicians across the state.  More:  http://bit.ly/kHCqm9

Indiana

Cummins will be hiring 600 employees.  More:  http://buswk.co/jPGUSD

Tennessee

BNY Mellon will be adding jobs at its Tennessee Processing Center.  More:  http://prn.to/k3GEZX

SL Tennessee, LLC will be adding around 100 jobs.  More:  http://bit.ly/iU8tTd

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