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Jobs

The Takeaway

Are You Essential in Your Job?

Wednesday, April 06, 2011

With a government shutdown looming, non-essential federal workers will be asked to stay home. When you think about your own job, do you think you're "essential" or not? Why/why not?

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The Washington Report

Yemen's President, Iran and the Middle East Uprisings, President Obama and the Economy

Monday, April 04, 2011

NYT's David Sanger weighs in on Yemen's president, U.S. diplomacy and military action in the Middle East, and how economic indicators will come into play in President Obama's re-election campaign.

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The Brian Lehrer Show

Undercover Employee

Friday, March 11, 2011

Contributing editor David A Kaplan talks about his recent article where he chronicles a day on the job at three of Fortune Magazine's Best Companies.

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WNYC News

Slight Rise in Unemployment for City, State

Wednesday, March 09, 2011

New jobs figures for January indicate the state's unemployment rate rose slightly from the month before, from 8.2 to 8.3 percent.

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WNYC News

Economy Added 192,000 Jobs in February

Friday, March 04, 2011

The U.S. job market bounced back in February as the unemployment fell below 9 percent for the first time since April 2009.

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Transportation Nation

No Deal: Florida High Speed Rail Lost in Space

Friday, February 25, 2011

Florida Governor Rick Scott at the Port of Jacksonville in January 2011. Scott has said he supports investments in ports and highways. But not high speed rail. (Flickr image by JAXPORT)

[UPDATE: On Friday morning, Governor Scott asked USDOT Secretary Ray LaHood for another week to consider the proposal for an interlocal entity, the potential compromise described below.]

(Matt Dellinger, Transportation Nation) Florida Governor Rick Scott will make no formal announcement about his final decision to kill the Tampa-to-Orlando high speed rail line, his spokesperson told the Tampa Tribune. It seems that the people of Florida and the nation will have to settle for a brief interview Scott gave to a local Fox News affiliate. “I’m not convinced that project is a good project," he said. "There’s a significant risk of cost overruns for construction. Historically that’s what’s happened with those projects.”

Neither the reporter, Derrol Nail, nor the Governor seemed to appreciate the irony that these remarks were delivered at the Kennedy Space Center, where Discovery departed on its final mission yesterday. NASA's shuttle program, a rather expensive mode of transportation enjoyed by only a few, has nevertheless brought great economic development to the region, and the winding down of the shuttle program will mean layoffs: United Space Alliance, for instance, has announced that 548 workers at Kennedy will lose their jobs come April.

Constructing America’s first high speed rail line in Florida, while not as difficult as building a space station, would more than make up for that dip in employment. Senator Nelson, who was also on hand at the launch, told Fox that the Governor “has made a mistake that’s going to cost people 24,000 jobs in the immediate future.” The Senator’s official statement yesterday pulled no punches. Nelson called the Governor’s decision to reject $2.4 Billion in federal high speed rail funds “pitiful,” “a monumental mistake,” and “hasty and ill-informed.”

Scott’s spokesperson held firm, insisting that “the governor remained principled in his position in protecting Florida taxpayers.” And indeed, principle appeared to play a larger role than practicality.

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The Brian Lehrer Show

The Speaker's Speech

Wednesday, February 16, 2011

New York City Council Speaker Christine Quinn talks about some of the ideas in her State of the City address, including plans for budgeting, jobs, and parking.

→Read a Recap and Join the Discussion at It's a Free Country

The Brian Lehrer Show

Cutting Jobs, For Good

Tuesday, February 08, 2011

Andy Kessler, hedge fund manager who cofounded Velocity Capital Management and the author of Eat People: And Other Unapologetic Rules for Game-Changing Entrepreneurs, says entrepreneurs who eliminate jobs in the short term help workers and the economy in the long term.

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The Brian Lehrer Show

New Jobs Numbers

Monday, February 07, 2011

Peter Coy, economics editor for Bloomberg Businessweek, discusses the Department of Labor's new jobs report released last Friday.

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The Takeaway

This Week's Agenda: Egypt, Jobs and the Economy

Monday, February 07, 2011

Egypt will likely dominate the headlines all week, with everyone waiting to see if President Hosni Mubarak will cede to the wishes of the protesters and step down. Calli Crossley, host of The Callie Crossley Show on WGBH in Boston, looks at what's ahead this week for the people of Egypt and its government. Charlie Herman, economics editor for The Takeaway and WNYC in New York, looks at the potential impact the uprising in Egypt could have on the price of oil, and on how it could impact trade on the Suez Canal.

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Transportation Nation

Report: Stimulus Transit Projects Create Nearly Double the Work of Road Projects

Friday, February 04, 2011

(Andrea Bernstein, Transportation Nation)  A new report from Smart Growth America analyzes data released by the House Transportation and Infrastructure Committee and finds that for every billion dollars spend under the American Reinvestment and Recovery Act -- the stimulus bill -- on roads, 2.4 million job-hours were created.  But for every billion spent on transit, 4.2 million job hours were created, a seventy percent increase.

The report defines "job-hour" in a footnote as an hour worked, which it says is a more meaningful figure than "a job" since the latter gives no indication of the duration of the job.

It's one of an expected flood of reports on all sides as partisans prepare to do battle on the next reauthorization bill, set to be introduced in the near future.

The Obama Administration is increasingly positioning to discuss the transportation bill as a jobs bill.

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WNYC News

Financial 411: Wal-Mart Controversy Reaches City Hall

Thursday, February 03, 2011

Madoff Saga Continues

Bernie Madoff has been in jail for more than two years, but we haven't heard the last of the shakeout from his Ponzi scheme. The trustee trying to recover money for bilked investors said executives at JP Morgan Chase knew there were concerns that he was running a massive fraud but ignored the warnings. A lawsuit filed in December has just been unsealed. It says the trustee is seeking $6.4 billion from JP Morgan. The bank said the suit is "meritless" and "based on distortions of both the relevant facts and the governing law."

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The Takeaway

This Week's Agenda: What's Next for Egypt? Sudan Votes for Secession

Monday, January 31, 2011

Hundreds of thousands of Egyptians are still in the streets to call for an end to the three-decade rule of President Hosni Mubarak. At issue for many protesters is the dire standard of living. How can a new government make things better? And here at home, as the country is trying to pull itself out of a recession, we look at whether unrest in Egypt have an impact on the American economy?

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The Brian Lehrer Show

City Business

Wednesday, January 26, 2011

Robert SteelNew York City Deputy Mayor for Economic Development and former CEO of Wachovia, talks about initiatives to grow businesses and jobs in New York.

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Transportation Nation

Study: Biking Infrastructure Creates More Jobs Than Auto-Based Road Projects

Friday, January 14, 2011

(Andrea Bernstein, Transportation Nation)  This study comes to us via Ray LaHood, the U.S. Transportation Secretary.  It's brief -- but by giving it the imprimatur of his blog, U.S. Transportation Secretary Ray LaHood is forcing us to pay attention.

Workers install bike lane. Photo: Marianne McCune, WNYC

The Political Economy Research Institute, a University of Massachusetts, Amherst-linked public policy group, looked at 2008 data from Baltimore, and found that while road projects created about 7 jobs per million dollars spent, bike projects created 11-14 jobs per million, and pedestrian projects, 11.

The report says  this is because bicycling and pedestrian projects have a high ratio of engineers to construction workers, and that engineering jobs are both more labor intensive and have a great "multiplier" effect -- meaning each engineering job creates more demand for labor in supporting positions, like clerical jobs.

We are fascinated that LaHood is calling this to our attention, particularly at a time when road builders are giving a bit of a sneer to the Obama livability agenda.

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Transportation Nation

Ford Plans To Add 7,000 Jobs To Its U.S. Workforce

Monday, January 10, 2011

(Detroit -- Jerome Vaughn, WDET) Ford Motor Company says it is adding 7,000 jobs to its workforce by the end of 2012. Ford President of the Americas Mark Fields made the announcement during the North American International Auto Show in Detroit on Monday.

“This year alone, Ford is adding nearly four thousand jobs at our U.S. plants. And we plan to add another 750 salaried jobs.” Fields says the Dearborn automaker plans to add another 2,500 additional manufacturing jobs in the U.S. next year.

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WNYC News

Unemployment Drops But Economy Adds Fewer Jobs Than Forecast

Friday, January 07, 2011

Chalk up the December jobs report as another “good, but” story that has come to dominate the theme of economic stories over the past year.

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The Takeaway

Worker Dissatisfaction May Signal More Confidence for Job Seekers

Thursday, January 06, 2011

In what is potentially a sign of good economic news, the number of American workers willing to describe themselves as dissatisfied with their jobs seems to be climbing. This comes from an admittedly unscientific online survey of over 1,400 people, each currently employed, by the management consulting firm “Right Management." 84 percent of respondents said that they plan to actively seek a new job this year. That's up from 60 percent in a similar poll conducted a year earlier. In the poll, only five percent said that they plan to remain in their current positions all year long.

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WNYC News

Temp Workers Play Santa, Hope To Receive Full-Time Offers

Friday, December 17, 2010

In November, private employers added 14,000 jobs in New York City. The State Labor Department says it's a decent result, if not spectacular. Some of the biggest job gains were in temporary holiday retail and delivery work. Many of the people who've found a job this season are either selling gifts or distributing them.

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WNYC News

Unemployment Falls in NYC But Rises in State

Thursday, December 16, 2010

WNYC

Bucking the national trend, New York City unemployment dropped slightly last month. 

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