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Study: Young companies destroy more jobs than they create – unless they’re tech companies

Hey, startup world, some cause for alarm: On the whole, young companies destroy more jobs than they create. That’s because so many of them fail. But there is some solace: Young tech companies create many more jobs…  …

U.S. adds 165,000 jobs in April, lowering unemployment to 7.5 percent

WASHINGTON — The US economy added a solid 165,000 jobs in April, and the unemployment rate fell from 7.6 percent to 7.5 percent, its lowest level since December 2008, the Labor Department said Friday. The better-than-expected monthly jobs data also showed much stronger hiring in February and March — data…

Sony to axe 10,000 jobs worldwide: report

Sony will cut 10,000 jobs worldwide this year as it attempts to carry out sweeping reforms aimed at reviving the iconic but loss-making Japanese electronics giant, the Nikkei business daily said Monday. About half the planned job cuts are part of a restructuring of Sony’s chemical unit as well as…

‘App economy’ has created nearly half a million jobs

WASHINGTON — The explosion of software applications for smartphones, tablet computers and Facebook has created nearly 500,000 jobs in the United States since 2007, according to a study published on Tuesday. The study, sponsored by TechNet, a bipartisan organization of top technology executives, found that the “App Economy” employs 466,000…

Lawsuit challenges ‘work-activity programs’ for Oregon’s disabled

PORTLAND, Ore (Reuters) – Thousands of disabled Oregonians are stuck segregated in dead-end jobs at “sheltered workshops,” in violation of federal law, because of failed state programs that should help them find mainstream employment, according to a landmark lawsuit filed on Wednesday. Sheltered workshops, sometimes called “work-activity programs,” are facilities…

Also, men are picking up the wearing of high heels because they’re so comfortable

I was recently alerted to the fact that this is what ABC considers an edgy, "high-concept" sitcom: Yep, two men who, facing a horrible world of anti-male oppression that prevents an ordinary guy from getting jobs that are solely reserved for women by employers who blatantly discriminate in direct violation…

Feingold calls for GE CEO Immelt to step down as Obama jobs chief

Former Wisconsin Sen. Russ Feingold (D) is outraged that the man that President Barack Obama has put in charge of creating jobs is the CEO of a company that paid no taxes last year. Obama named GE CEO Jeff Immelt as the head of the President’s Council on Jobs and…

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