Posts Tagged ‘Manufacturing’

White House Lauds Chrysler Bailout Repayment

This week’s repayment of $7.6 billion in government loans by Chrysler Corporation six years ahead of schedule is evidence of a resurgent U.S. manufacturing sector, Vice President Joe Biden said in Saturday’s White House address. View full post on All Stories

China imposes export quotas on rare earths needed for manufacturing high tech items

Linda Young – AHN News Writer Beijing, China (AHN) – Tight new controls on rare earth minerals were announced by China’s State Council on Thursday, which issued a national guideline for the industry. World-wide high demand for rare earth minerals, which are essential in high tech manufacturing of electronics, has caused rapid development of mining [...]

Slighly higher unemployment rate despite more jobs in April

Kris Alingod – AHN News Contributor Washington, D.C., United States (AHN) – The unemployment rate grew 9 percent in April despite the economy adding more jobs than was expected. The Labor Department said on Friday nonfarm payroll increased 244,000 during the period, boosted by gains in the service, manufacturing and mining industries. In the private [...]

Abbott to cut 2 percent of workforce; reports 13 percent sales jump

Kris Alingod – AHN News Contributor Abbott Park, IL, United States (AHN) – Abbott Laboratories plans to remove 2 percent of its workforce to increase profitability of its pharmaceutical business. The Illinois-based company said Wednesday it is streamlining commercial and manufacturing operations by slashing about 1,900 positions. It attributed the restructuring to changes brought by [...]

China’s Manufacturing, Service Industries Experience Labor Shortages

Lawrence Mijares – AHN News Contributor Shanghai, China (AHN) – Some Chinese factories and other service establishments are experiencing a serious shortage of labor due to the high cost of living and an unchanged salary base. Manufacturing hubs in the Yangtze and Pearl River deltas that surround the city of Shanghai and Guangzhou province are [...]

Can ‘Cool Japan’ Revive an Economy

Itoh’s book is the latest wave of “Cool Japan,” which economists are realizing could have more commercial punch than once believed. Japan has few growth industries, and manufacturing… View full post on All Stories

Manufacturers lead the way

MANUFACTURING will be able to plug the hole in the economy caused by spending cuts after enjoying the strongest growth since 1994, according to industry leaders. View full post on All Stories

HR Professionals Expect More Hiring During November

Linda Young – AHN News Writer Washington, DC, United States (AHN) – Employers in both the manufacturing and service sectors expect to hire more people in November, according to a report released Friday by the Society for Human Resource Management (SHRM). Every month SHRM surveys over 1,000 HR professionals in U.S. manufacturing and service sectors [...]

Report Sees Improving Expectations For October Hiring In Manufacturing And Service Sectors

Linda Young – AHN News Writer Alexandria, VA, United States (AHN) – Society of Human Resource Management (SHRM) released its Leading Indicators of National Employment (LINE) report for October on Friday. The report is based on a monthly survey of more than 1,000 HR professional in the manufacturing and service sectors, SHRM said in a [...]

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