TRAVEL
By Jane Engle and Jane Engle,Tribune Newspapers | April 26, 2009
You pay thousands in deposits for a trip, then get laid off. Now what? If your travel insurer, cruise or airline company offers a "job-loss guarantee," you might get your money back. Or not, depending on the policy. Job-loss coverage is nothing new in travel, but more companies have jumped in the past two months. JetBlue Airways, Norwegian Cruise Line and at least two cruise sellers have announced layoff policies, and insurers are tweaking the rules. Typically, such policies return trip deposits if you get laid off. In March, Travelex Insurance Services of Omaha, Neb., a big industry player whose travel policies have covered job loss since 1996, decreased from three years to one year the length of time you must be with an employer to qualify for the benefit, said Vice President Sally Dunlap.
BUSINESS
By Janet Kidd Stewart | October 1, 2006
There was a time when Conchy Bretos thought she would spend her entire career in government. Then Bretos lost a 1993 election for a seat on the Dade County Commission in Florida after a nasty campaign. And when she tried to return to her job as executive director of the county's Commission on the Status of Women, Bretos was fired. While her supporters complained bitterly that it was political retribution, she was not reinstated. She lost her political clout and many of her personal contacts, but Bretos was able to use one of her important contacts to become Florida's assistant secretary for aging and adult services.
NEWS
January 13, 1996
IT WAS A STUNNING BLOW to folks in Garrett County, Maryland's western-most subdivision. Bausch & Lomb, the area's largest employer, announced it was shutting its 25-year-old plant in Oakland by the end of the year. That means a loss of 600 good-paying jobs in a town of only 1,700 residents. The company's contribution to the local economy nearly equals the entire county budget.Oakland's mayor said he was in "disbelief." There was no advance warning, no time for a counter-offer. Bausch and Lomb is struggling.
BUSINESS
By CAROLYN BIGDA | August 14, 2005
IMAGINE WALKING into your office, as always, and discovering that your desk has been cleaned out; your department is shuttered and locked; or you have 30 minutes to collect your belongings and leave. Would you be able to cope with unemployment? Companies are hiring - unemployment stood at 5 percent in July, down from more than 6 percent two years ago - but the job market is less than robust. And there's always the risk that your employer will defy statistics: Technology giant Hewlett-Packard Co., for instance, announced last month that it would eliminate about 10 percent of its full-time work force.
BUSINESS
By Adriane Miller and Adriane Miller,Special to The Sun | October 28, 1991
The first time he was fired, Bill Gentz didn't have a clue about what was coming. He got the pink slip just a few hours after receiving a favorable performance review and a raise.Mr. Gentz, who had been planning how to tell his wife about his raise, suddenly found himself rehearsing how to tell her he'd lost his job."I was in a state of shock. It came out of the blue," Mr. Gentz says of the layoff in 1981. He still resents the way the Philadelphia chemical company let him go without warning after 10 years of service.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | July 22, 2011
Maryland tied for the fastest pace of job loss in the past year in June, the federal government estimated Friday, the second month in a row that the state was at or near the bottom of the heap. The state's unemployment rate — which had been trending downward for months — hit 7 percent in June, up from 6.8 percent in May, the U.S. Department of Labor reported. It was the first time the jobless rate had risen since January 2010. Maryland lost nearly 15,000 jobs over the past 12 months, spread across most major sectors, according to the agency's estimates.