Archive for September 2008
VA Health Care System builds 140-bed center
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Read MoreUnemployment rate jumps to 6.1 percent
The unemployment rate soared to 6.1 percent in August as employers eliminated 84,000 jobs, the U.S. Department of Labor reported today.
According to The New York Times, 605,000 jobs have been cut since January, with …
ISU receives $18.5 million grant for new research center
The National Science Foundation (NSF) has awarded Iowa State University and its research partners $18.5 million over five years to establish the NSF Engineering Research Center for Biorenewable Chemicals (CBiRC).
It is one of five …
Tickers: Sept. 5
The defunct Regency Homes and an affiliate have been ordered to pay $443,184 in back pay and bonuses to their former president. Polk County District Judge Karen Romano signed a default judgment against the company …
Read MoreSlumping real estate market leads to Principal layoffs
Principal Global Investments, the asset management arm of Principal Financial Group Inc., laid off 56 employees on Aug. 22, Principal spokesman Rick Swalwell said.
The majority of the jobs, 46, were cut from the company’s …
Unemployment rolls at five-year high
Total unemployment in the United States rose to the highest level in almost five years, and last week’s initial claims for jobless benefits exceeded forecasts, as employers cut staffs in the face of a slowing …
Read MoreTickers: Sept. 4
Casey’s General Stores Inc. reported income of $28.8 million, or 57 cents per share, in its first fiscal quarter, compared with $29.8 million, or 59 cents per share, in the same period last year. Revenues …
Read MoreTickers: Sept. 3
Gov. Chet Culver will present Iowa’s first-ever Employer Support of the Guard and Reserve Iowa Freedom Awards to three Iowa employers on Sept. 9 at 10 a.m. in his office. Culver will also sign a …
Read MoreCutting away the extra costs
Layoffs and job cuts have hit close to home this summer, with Meredith Corp. making cuts in early June and The Des Moines Register cutting its staff just a few weeks ago.
So it’s not …
Health insurance premiums increase
According to the 2008 Iowa Employer Benefits Study, health insurance premiums in Iowa increased 8.8 percent from 2007 to 2008.
The study, which has been conducted for 10 consecutive years by David P. Lind & …