Workers shifting to 4-day week to save gas

May 29, 2008

Via Reuters …

When Ohio’s Kent State University offered custodial staff the option of working four days a week instead of five to cut commuting costs, most jumped at the chance, part of a U.S. trend aimed at combating soaring gasoline prices.

“We offered it to 94 employees and 78 have taken us up on it,” said university spokesman Scott Rainone.

The reason is simple: rising gas prices. And while so far only the university’s custodians are eligible, Rainone hopes the option will be offered to all departments — including his own.

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Jobless claims post sharp decline

May 8, 2008

Via Associated Press …

The number of newly laid off workers seeking unemployment benefits dropped much more than expected last week.

The Labor Department reported Thursday that applications for unemployment benefits fell to 365,000, a decline of 18,000 from the previous week. Economists had been looking for a much smaller decrease of around 5,000.

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