When the recession hit in December 2007, 7.5 millions Americans were unemployed and the jobless rate stood at 4.9 percent, states Joseph Berge in the NY Times article Summers Predicts Job Growth by Spring.
Lawrence H. Summers, President Obama’s top economic advisor, stated that he believes that the unemployment rate will be at its lowest by the spring.
Mr. Summers said that “everyone aggress the recession is over.”
It is noted in the article that the President plans to spend $50 billion on “repairing the nation’s infrastructure.”
This article is a positive note not just upcoming graduates, as myself, but for the country in general.
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So, it seems that New York Times Executive Editor Bill Keller has fallen short of his goal of clipping 100 newsroom jobs off the payroll this year. According to the New York Post, it seems as though only 50 unionized newsroom employees agreed to take buyouts so far. Last Monday, Times executives were forced to make the choice for the remaining lot who had yet to make a decision before the deadline.
In addition, according to the New York Observer, the Times staff plans on cutting an estimated 70 of its blogs from the homepage.
Cue Rupert Murdoch, the quintessential media boogeyman who always seems to be lurking behind every corner of the news industry. This April, the News Corp. giant plans to launch a New York City edition of his Wall Street Journal headed by John Seeley, a former editor of the New York Sun. The $15 million price tag will go towards the creation of a sparkling new newsroom and marketing staff.
With the new staff covering a range of topics from local politics to culture and sports, things could soon get heated between the Wall Street Journal and the Times.
Krystan Lenhart, a senior psychology and political science student, had a rough semester this fall. Born with cerebral palsy, a neurological disorder that permanently affects body movements and muscle coordination, Lenhart was able to control her disabilities for years through medication. Unfortunately, this past summer her condition drastically took a turn for the worse. Her body, not responding to the medication, started having a series of episodes where her muscles stretched painfully, leaving her momentarily incapacitated. Due to this she couldn’t walk anymore and started moving around in a wheelchair, at least until her situation can be corrected. Continue reading
For many students at Stony Brook University, studying abroad is something they don’t know much about. For Journalism student April Warren, participating in the China Silk Road study abroad program last summer was one of the most rewarding experiences of her academic career.
“I took out of it a greater sense of adventure and quest for knowledge,” said Warren. “I was constantly asking our guides random questions and just always wanting to know more.”
Warren’s trip took her from Beijing to the West of China and back again. At the end of 10 days, the group had traveled the distance of New York to Denver, Colorado. Along the way, the Stony Brook University students and Chinese students studying alongside them discussed their cultural differences, Warren said.
While other small businesses are struggling due to the economy, Dancin’ Queens Dance Studio is growing. Dancin’ Queens has a steady increase even though the recession has hit hard.
Jacqueline Szucs has been dancing since she was 2 ½ years old and has carried it into her High School and college years. In July of 2002, Szucs decided to open up Dancin’ Queens for business. Dancin’ Queens is a privately owned Dance Studio that now employs 14 staff members.
“I am extremely proud of myself and the way the business has been running. I opened up the Dance Studio when I was only 23 years old,” stated Szucs.
Before opening the studio, Szucs worked in the corporate world and it was then she figured out she wanted to work for herself.
Last Friday I attended a debate between Stony Brook University Vice President for Facilities & Services Barbara Chernow and Professor Malcolm Bowman of the School of Marine and Atmospheric Sciences at the SAC’s Auditorium. The issue at hand? Whether if it was right to proceed with the construction of a five story, 135 room Hilton hotel right at SBU’s Main Entrance. Continue reading
The Toronto Star employs 1,300 staff across all divisions and reported that 166 employees will take “severance packages at the country’s largest circulation daily newspaper.”
It was reported in the Toronto Star article on Dec. 9, 2009 that those employees have 90 days left at the company.
“The cuts come as the newspaper’s parent company, Torstar Corp., moves ahead with what it says will likely be the biggest restructuring in the Toronto Star’s history.”
It seems that position cuts are becoming more and more popular these days.
Check this out. It is a video that was shown in the journalism program. Kind of blows your mind.