Work & Money
from the January 23, 2006 edition

A Week's Worth


Euphoria over the Dow Jones Industrial Average crossing the 11000 threshold didn't last long. The index took its biggest weekly slide in seven months, closing Friday at 10667.39. The slide was magnified by the fact that the market was closed Jan. 16, Martin Luther King Day.

Despite hurricanes, surging fuel prices, and a steady diet of interest-rate hikes, US employers generated 2.02 million new jobs last year, the Labor Department says. And they're not stopping there, apparently. The Society for Human Resource Management surveyed 485 member companies and found that 66 percent expect to add jobs in 2006. Another 14 percent plan to hire contract workers for short-term projects.

The sales rep who services your company's account may just be among the 1 in 3 who plans to quit in the coming months and look for work that pays better, according to the findings of a new survey by CareerBuilder.com, a website that seeks to connect job-seekers with employers. Respondents also griped about lack of opportunity for advancement and increased workloads.

With winter weekend getaways so popular, the online travel site Hotwire.com has ranked the best destinations, based on value for the money. No. 1: Denver, which is serviced by three budget airlines and offers impressive mountain scenery, a plethora of outdoor activities, and lodging for less than $100 a night.


Get Monitor stories by e-mail:
(Your e-mail address will be protected by csmonitor.com's tough privacy policy.)
Tools and Guides
Finance questions?
E-mail Work & Money.
 
Ethical Market Monitor
The Domini Social Index 400 over the last 90 days.
Chart from Yahoo! Finance
Chart data by CSI
 
Salary Wizard ®

Find out what you're worth

Job title

Zip Code

salary.com

(Mary Knox Merrill/Staff)
EDITOR'S PICK Five cities that will rise in the New Economy
From Seattle to Huntsville, Ala., five cities are poised to prosper in the New Economy because of exports, innovation, clean technology, and healthcare.

In Pictures:
Get ready for gridlock
POLITICS Patchwork Nation
The American voter beyond red and blue

Daily podcast

Monitor Reports

Discussions with Monitor reporters from around the world


Today

Peter Grier

The Monitor's Peter Grier talks with reporter Ron Scherer about how Black Friday will effect the economy this year.




Making a difference
Making a Difference

What happens when ordinary people decide to pay it forward? Extraordinary change. See how individuals are making a difference, finding solutions, overcoming adversity, and giving back globally.

Batdorj Gongor convinces residents to set up savings groups as a way of teaching them the power they gain by banding together in neighborhoods.

Lee Lawrence

People making a difference: Batdorj Gongor

In Mongolia, he shows former nomads how working together benefits everyone.