Economists See 3 Million Unemployed

The Conference Board said its Employment Trends Index dropped to 102.9 in November, down 1.6% percent from the October revised figure of 104.5, and down more than 13% from the same month lat year.

Published: December 9, 2008

“Thus far, the U.S. economy has lost 1.9 million jobs and the declines in the ETI suggest job losses could very well surpass 3 million by mid-2009,” said Gad Levanon, senior economist at the Conference Board. “The continued deterioration in the labor market will exert significant downward pressure on wages.”

The 16 month-long decline in the Employment Trends Index is seen in all eight of its components, most notably over the past six months in temporary-help hires and part-time workers for economic reasons, notes Levanon. (Tire Review/Akron)

Continental appoints new ‘head of region’ for the US, Canada

In this role, Rob Schroeder will oversee all of material handling, port, earthmoving and agriculture tire business in the United States and Canada.

By Christian Hinton

Published: April 18, 2024

Continental revealed that Rob Schroeder, former Sr. manager of operations, marketing and analytics, will take over the responsibility of head of region for the United States and Canada. In this role, he will oversee all of material handling, port, earthmoving and agriculture tire business in the United States and Canada. The appointment took effect April 1.