Chief Executive Kenneth Lewis, under fire for the bank’s acquisition of Merrill Lynch & Co. Inc., said Thursday the greatest economic crisis in a generation is far from over. However, he predicted BofA would generate nearly $50 billion in pre-tax profit this year before setting aside money for bad loans.
“It’s been a long journey on [...]
March 12, 2009
BofA’s Lewis: Economic crisis ‘far from over’
March 12, 2009
Knoxville Sign Workers Respond Creatively to Company Closing
When Knoxville-based sign maker Image Point in Knoxville abruptly went out of business in January, 270 laid off workers took matters into their own hands.
First, they created a Facebook account to share tips on navigating through the unemployment benefits system, fighting depression, and, of course, finding another job. Eventually the site morphed into a [...]
March 12, 2009
Decline in number of IT job openings does slow
RESEARCH TRIANGLE PARK, N.C. — Is the technology job market hitting bottom in North Carolina? Could be, according to the latest “IT Job Trends” report.
The number of open information technology positions in the state dropped in February to 1,060, but the decline of 70 from January was the smallest change in several months. So says [...]
March 12, 2009
NC job agency organizes slate of career fairs
A workshop on how ex-convicts can find a job in this tough economy is part of a steady stream of events trying to connect North Carolina’s unemployed workers to companies with jobs to fill.
The usual seminars on learning to network and writing winning resumes at Wednesday’s career expo at North Carolina State University’s McKimmon Center [...]
March 12, 2009
NC agency says Jan. jobless rate hit 9.7 percent
North Carolina manufacturing and construction workers lost jobs by the thousands in January, pushing the state’s unemployment to 9.7 percent – the highest rate in more than 25 years, the state’s Employment Security Commission said Wednesday.
The state lost a total of 38,000 non-farm jobs in January.
The mounting layoffs during the month meant North Carolina and [...]
March 12, 2009
Free resume copies draw a crowd in East Tenn.
With unemployment rates soaring higher than any time since the 1980’s, one nationwide initiative sought to help career seekers take one of the first steps toward finding a job.
FedEx Office, formerly known as FedEx-Kinkos, printed free copies of resumes to its customers across the country Tuesday.
Lincoln Memorial University student and Knoxville native Benji [...]
March 12, 2009
600 attend Transition Career Fair
KNOXVILLE — Knoxville Chamber officials estimate about 600 people attended the Career Transition Fair held Tuesday at the Jacob Building at Chilhowee Park.
“We are pleased with the number of people who took advantage of this resource and we hope it provided some good information and helped them to prepare for the job market,” said Rhonda [...]
