New York Times is a survivor, but it's bleeding internally. Its stock has floundered in the single digits since March. It hasn't dished out a dividend in three years. Revenue has fallen every year since 2006. And its unclear if its Internet plans can sustain a traditional publisher.
When it comes to finding your next employer, online job boards are out and social recruiting is in, says Robert McGovern, CEO of JobFox.com, a free website that enables job seekers to tap into private hiring networks. We chat with McGovern about the new era of online job hunting.
Initial jobless claims unexpectedly surged by 19,000 to 479,000, the Labor Department said Thursday. Although the statistic was likely skewed higher by normal summer factory shutdowns, the increase portrays a labor market still under strain.
It's been a big week for Monster.com. The job search site will gain thousands of new business customers through its purchase of HotJobs, and it unveiled the latest upgrades to its technology for precisely matching the right jobs seekers with its customers' jobs.
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