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Jobless Claims Drop To Lowest Level In 4 Years

 The number of people seeking unemployment benefits fell to the lowest point in almost four years last week, the latest signal that the job market is steadily improving.
The Labor Department says weekly applications for unemployment benefits dropped 13,000 to a seasonally adjusted 348,000. It was the fourth drop in five weeks and the fewest number of claims since March 2008.

Read more at cbsnews.com

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GE To Hire 5,000 Veterans Over Next 5 Years

General Electric Co. says it will hire 5,000 veterans over the next five years and invest $580 million to expand its aviation business.
The announcements are part of a four-day event that the global conglomerate is hosting with partners in Washington, D.C., that focuses on issues such as manufacturing and job creation in America.

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10 Employee Types That Drive Managers Crazy

Some employees are such royal pains in the you-know-what, such impediments to getting things done, that you really start to question why you hired them in the first place.
Now, executives and managers can and will overlook all sorts of weird and quirky behavior as long as the job gets done. But certain types of employees can’t seem to stop themselves from creating more problems than they solve. For them, the dollar amount on their foreheads just isn’t worth it.

Click here for the list from cbsnews.com.

 

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NHTSA “Satisfied” With Safety Changes For GM’s Volt

The National Highway Traffic Safety Administration believes changes proposed by General Motors to its Chevrolet Volt will help prevent future battery fires.
NHTSA Administrator David Strickland told reporters during the Detroit Auto Show last week that the agency was “comfortable” with GM’s fixes even though its investigation remained open. The NHTSA began investigating the case in November after revealing that Volt batteries had caught fire days or weeks after being damaged in crash tests.

Read more at cbsnews.com

 

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Made in America: Can U.S. Cars Get Back On Top?

Just three years after the near-collapse of the U.S. auto industry, Detroit’s big three are healthy again and regaining some of the market share they lost to Japanese auto makers over recent decades. New models such as the Buick Encore small SUV are rolling out again at this week’s North American International Auto Show in Detroit.

 But can the Detroit companies fend off a resurgent Toyota and Honda, now recovered from the disruptions of the Japanese earthquake and tsunami? Volkswagen, along with Korean makers Hyundai and Kia, has also been gaining market share recently.

Read more at cbsnews.com

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