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  Institute of Industrial Relations Library
   Labor and Employment Weblog
   University of California, Berkeley
Updated 5/3/2004; 3:26:40 PM

Friday, April 02, 2004

U.S. Firms Keep Billions Overseas (washingtonpost.com). washingtonpost.com - With sales up 5 percent last year, Merck & Co. was not satisfied: To hold down costs, the pharmaceutical giant shed 3,200 jobs as 2003 drew to a close, and announced that an additional 1,200 positions would go this year. [Yahoo! News - Top Stories]
5:55:06 PM    comment []

March Job Growth Surprises with Strength (Reuters). Reuters - U.S. employment rose last month at the fastest pace in nearly four years as hiring increased across a wide array of industries, the government said on Friday in a surprisingly strong report that stunned financial markets. [Yahoo! News - Top Stories]
5:54:29 PM    comment []

Companies Add Jobs, but Unemployment Up (AP). AP - The nation's employers added 308,000 new jobs in March, hiring at the fastest pace in four years and providing long-awaited evidence the weak jobs market may be gaining steam. [Yahoo! News - Top Stories]
5:53:53 PM    comment []

Thirteen workers die as safety standards are ignored in race to build Olympic sites Immigrant workers racing against the clock to build Greece's Olympic dream in Athens have been dying in shockingly large numbers in industrial accidents, according to a confidential report obtained by The Independent. [Independent: Europe News]
5:15:48 PM    comment []

Gateway closes stores, future strong for Apple retail (MacCentral). MacCentral - Gateway Inc. plans to close its entire network of 188 retail stores next week and lay off about 2,500 staff, the PC maker announced Thursday. Despite the downturn for Gateway, analysts believe the problems are associated with the company and not the larger retail market. Through its branding efforts, store locations and unique products, analysts feel Apple is well positioned in the retail market. [Yahoo! News - Technology]
1:29:00 PM    comment []

Whirlpool to invest EUR 100 mln in Polish plant. Whirlpool and Polish investment agency PAIiIZ said in a joint statement that the deal would add 1,000 jobs to the 2,200 already in existence at Whirlpool's Wroclaw-based Polar factory.  Forbes Apr 2 2004 1:18PM GMT
11:43:00 AM    comment []

BAE to Cut 760 Jobs in Submarine Sector. LONDON -- BAE Systems PLC, Britain's largest aerospace and defense company, said Friday it planned to cut 760 jobs from its submarines sector because of a slowdown in business.   AP via Baltimore Sun Apr 2 2004 3:47PM GMT
10:52:19 AM    comment []


Copyright 2004 Janice Kimball