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JetBlue is laying off workers and reshuffling jobs as it moves to cut $300 million in costs

“On Friday, JetBlue announced a round of layoffs, buyouts, and a restructuring of staff in an effort to cut expenses to the tune of $300 million” writes Brian Pascus for businessinsider.com. It is also not planning to cut flight crew jobs.JetBlue spokesman Doug McGraw told CNBC that the cuts are focused on office jobs, and that the airline is not planning to let go of airport workers such as gate agents.JetBlue did not specify how many jobs would be affected by the decision. Source: businessinsider.com Share This:

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California gains just 800 jobs in June…

“Others said it was too early to see effects from the tariffs the Trump administration has placed on Chinese goods” writes Andrew Khouri for latimes.com. An initial levy on $34 billion of Chinese goods, along with countermeasures by China, took effect in July following months of tariff threats and saber-rattling between the world’s two largest economies. More tariffs have been threatened. Source: latimes.com Share This:

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Markets News 

Workers are ‘ghosting’ interviews, blowing off work in a strong job market 

“In the hottest job market in decades, workers are holding all the cards” writes unknown author for cnbc.com. A growing number are “ghosting” their jobs: blowing off scheduled job interviews, accepting offers but not showing up the first day and even vanishing from existing positions – all without giving notice.At Carports & More, based in El Dorado Hills, California, nearly half of the 65 job candidates scheduled for interviews the past month didn’t show up. And 2.4 percent of all those employed quit jobs, typically to take another, the largest…

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Rep. Buddy Carter: For tax reform, the best is yet to come

“However, even as millions of people are experiencing the benefits of tax reform, some in Washington insist on revving up the partisan rhetoric to try to downplay or distract from opportunity creating pro-growth tax reform” reports washingtonexaminer.com. In the 1st Congressional District of Georgia, I have visited workers and small businesses to discuss how tax reform will benefit them.I have seen firsthand how tax reform has allowed companies to create jobs and invest in their people and our communities. Source: washingtonexaminer.com Share This:

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Forget retirement, most older workers are looking for these jobs

“Other common second-act jobs are courier driver, shuttle driver, and parts driver” reports fastcompany.com. For this, knowledge of CAD is a must, as it is at some of the other top jobs like senior lead designer and electrical designer.Indeed’s analysts found that piping designer is the No. 1 sought-after job mostly found at oil and gas companies.According to Indeed, the most clicked-on job openings for workers over 62 (the earliest you can qualify to get Social Security benefits) are an assortment of construction and transportation positions, along with some surprising niche…

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June marks 19th month with Washington unemployment below 5 percent

“Unemployment in Washington remained steady in June at 4.7 percent, the 19th consecutive month that the statewide seasonally adjusted rate has been below 5 percent” writes Seattle Times Business for seattletimes.com. Construction employment statewide dipped, however.The ensuing two years would see more than 182,000 jobs lost and a statewide unemployment rate of 10.4 percent by the end of the recession.Another measure of the labor economy — the U-6 unemployment rate, that tracks unemployed and underemployed populations — hit a new low in the first quarter of 9 percent in Washington.When…

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Keep ThyssenKrupp whole, German minister urges

“FILE PHOTO: German Labour Minister Hubertus Heil arrives to the weekly cabinet meeting in Berlin Thomson Reuters BERLIN (Reuters) – German Labor Minister Hubertus Heil said he was increasingly concerned about the situation at submarines-to-elevators conglomerate ThyssenKrupp after it lost its top officials under pressure from shareholders to restructure” reports businessinsider.com. “We are following the situation at ThyssenKrupp intensively and with growing concern,” he told Reuters on Wednesday, urging managers to preserve the company as a whole and preserve jobs in Germany.”All concerned should work together to strengthen ThyssenKrupp as…

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Economists Upbeat On Jobs, Wages — But Not Because Of Tax Reform

“A new survey from the National Association for Business Economists suggests economists are optimistic about U.S. wages and employment, though not yet because of tax reform” reports pymnts.com. In line with previous research, NABE’s report noted that these trends are not yet linked to tax reform.Reports in Fortune said the NABE’s Business Conditions Survey, published Monday (July 16), found 68 percent of the 98 economists surveyed predict businesses will see increased sales in the next three months.Earlier research published by the Association for Financial Professionals in May found that corporates…

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