While the number of job cuts continues to decline, the US unemployment rate remains at a 26 year high of 10.2%. Private sector job losses in November exceeded economists’ projections with the manufacturing, construction, service and financial industries continuing to post job losses.

Tuesday was the second day of the Canadian Manufacturing Trade Show in Toronto.

WASHINGTON DC ( MetroCatholic ) – “Families are struggling. Faith is calling” is the theme of the 2009 Collection for the Catholic Campaign for Human Development (CCHD), which will be held in most Catholic parishes the weekend of November 21-22.             The economic crisis has left many in the United States without security: the security of having a job, of having health care or a sufficient retirement fund.

U.S. consumer spending in August rose at the fastest in nearly 8 years, but a weak labor market and the manufacturing sector’s below forecast growth in September could hamper a nascent economic recovery.

WASHINGTON (Reuters) - The number of mass layoffs by U.S. employers rose by 533 in August from July, with the manufacturing sector the hardest hit, Labor Department data showed on Wednesday.

About that recovery, Mr. President: The Bureau of Labor Statistics found that mass layoff events, where a single employer lays off 50 or more employees, increased 24.7% from July, by far a high for this year. Initial jobless claims also hit a high, giving an indication that the economy is far from recovery.

BMW said Monday it will add another shift at its local plant next month in the first sign of a turnaround since a sudden plunge in auto sales last year led to the layoff of 1,000 contract workers. Bobby Hitt, spokesman for BMW Manufacturing Co. near Greer, said the decision to expand the number of 10-hour shifts from eight to nine was prompted by stronger global demand for the X5 and X6 vehicles made at the plant for worldwide sale

You can rest easy that it will be plain to a court and any attorney that you have done everything possible to be fair in your termination of employees. When you dismiss an executive for lackluster performance (with or without a contract), it’s mostly for his department’s lack of results and not for his personal behavior. o Put the worker into progressive discipline for lackluster productivity and misconduct issues.

When the talking heads spout about personal finance, they often portray Americans as the only ones that have problems with spending and debt. Make no mistake, everyone one is guilty to one degree or another of somethings makes financial decisions that may not be the smartest.

Non-union workers for the City of Detroit took the first of 26 furlough days recently. So far, the unpaid days off are scheduled to fall on Mondays or Fridays, which…