The February jobs report comes out tomorrow, and hopes are high that the numbers will finally show that the U.S. economy is truly and firmly in recovery mode. As Ben Bernanke said recently in his semiannual testimony on Capitol Hill, the recovery that seems to be occurring in virtually every economic and financial metric except [...]
It’s been some time since I’ve written about the decline of the daily newspaper given that it’s about as compelling a story as the White Sox languishing in 3rd place in the A.L. Central and fading fast as the All-Star break approaches. But I cannot resist at least commenting on the latest news concerning the [...]
Not surprisingly given the grim jobs report issued earlier today by the Department of Labor, LinkUp’s September jobs report showed that the U.S. jobs market continues to struggle badly. New job listings on LinkUp fell by 14% during the month and total job listings dropped by 7%. On a state by state basis, 38 of [...]
Just over a month ago, the New York Times ran a story about a job scam in Minneapolis and yesterday, the State of Minnesota sued the firm and its CEO Barry Trimble for scamming hundreds and perhaps thousands of job seekers. The firm, The Arthur Group, posted ads on Careerbuilder and other job boards and [...]
Apple delivered a valuable lesson on corporate ethics with its recent decision regarding the ‘I Am Rich’ iPhone application. Unfortunately, the lesson was apparently lost on the Employment Guide. With the release of version 2.0 for the iPhone, developers began releasing new iPhone applications via the Apple App Store. It didn’t take long before Apple [...]
Some nice articles today on JobDig and LinkUp from Cheezhead and ERE’s Michael Glenn. Thanks for the coverage!
Last month, a French court ruled that ebay must pay $61 million to LVMH for allowing the sale of fake luxury goods on its site. Though ebay is appealing the ruling, it’s a fascinating case that is garnering widespead attention for its implications on how business is conducted on the web. There are good arguments [...]
Surprising no one since all of the other bidders had dropped out, NBC, with support from Blackstone and Bain, purchased the Weather Channel and Weather.com for just under $3.5 billion. Landmark Communications, a private equity group owned by the Batten family and owners of the Weather Channel as well as a number of daily and [...]
Always one step ahead of everyone else, Cheezhead has declared that he has moved beyond ripping Monster, declaring in an early June podcast that he no longer finds it sporting, fun, or even interesting. I still, however, cannot resist. Monster has lost its leadership position in online classifieds to CareerBuilder in large part because the [...]
As I have written about previously, Landmark Communications has put its media assets up for sale. In addition to The Weather Channel, the crown jewel of the group, the private equity firm owns a bunch of small and medium-sized dailies and community newspapers, shoppers and weeklies, and the Employment Guide. Lehman Brothers, who is handling [...]