Nov 20th, 2008 · As companies try to survive the rough economy, they are cutting costs. The person in charge of deciding where and how deep to cut, is often the chief financial officer. CFO Magazine recently interviewed more than 300 CFOs, and nearly half said they plan to layoff workers. Kate O'Sullivan, a writer with the magazine, tells Steve Inskeep that companies are also looking at hiring freezes and reductions in overtime.
Nov 19th, 2008 · The Census Bureau is recruiting people to help with the next big population count — the 2010 Census. It's hiring about 140,000 workers to help update address lists. After the census is mailed out in 2010, the bureau plans to hire about one million people to follow up with residents who don't mail back the form.
Nov 14th, 2008 · As the economic crisis continues, the possibility that U.S. consumers will spend less next year than they did this year is causing worldwide concern. In Vietnam, which exports a large share of its products to the U.S., garment factory workers are already worried about their jobs.
Nov 14th, 2008 · Steve Inskeep has business news.
Nov 13th, 2008 · New figures from the United Kingdom show that call center workers are twice as likely to call in sick, compared to other sectors of British workers. The British government survey shows that nearly five percent of customer service workers had taken at least one day off in the previous week. The average is two and a half percent. The high rate of sick days could explain long waits listening to repetitive hold music.
Nov 12th, 2008 · As the stock market has dropped, millions of Americans are afraid to look at their 401(k) accounts. At a small but growing number of companies — including GM — the news is worse: They're suspending the matching benefits, where employers chip in to match workers' contributions.
Nov 10th, 2008 · Wichita, Kan.-based aircraft manufacturer Hawker Beechcraft has announced a 5 percent cut to its work force, or almost 500 jobs, due to the worldwide economic slowdown. Michelle Thornton, one of those laid off last Thursday by the firm, talks about what happened.
Nov 7th, 2008 · At the Job Center in Dayton, Ohio, the largest center of its kind in the country, the out-of-work ponder their next possibilities. With the GM plant in town laying off workers and soon closing for good, many residents face a rough transition into a new career after decades on the job.